Africa: Mixtures Of Slag Market 2024

Mixtures Of Slag Market Size in Africa

The African mixtures of slag market rose rapidly to $X in 2021, with an increase of 9.1% against the previous year. In general, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Mixtures Of Slag Production in Africa

In value terms, mixtures of slag production rose rapidly to $X in 2021 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of 22% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Mixtures Of Slag Exports

Exports in Africa

In 2021, approx. X tons of mixtures of slag were exported in Africa; which is down by -30.7% on 2020 figures. In general, exports, however, showed a prominent increase. The growth pace was the most rapid in 2016 with an increase of 130% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2020, and then declined rapidly in the following year.

In value terms, mixtures of slag exports shrank rapidly to $X in 2021. Over the period under review, exports showed a dramatic contraction. The pace of growth was the most pronounced in 2016 when exports increased by 145%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Egypt dominates exports structure, resulting at X tons, which was approx. 95% of total exports in 2021. Lesotho (X tons) followed a long way behind the leaders.

Egypt was also the fastest-growing in terms of the mixtures of slag exports, with a CAGR of +35.0% from 2012 to 2021. Lesotho (-14.2%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Egypt increased by +64 percentage points.

In value terms, Egypt ($X) remains the largest mixtures of slag supplier in Africa, comprising 56% of total exports. The second position in the ranking was taken by Lesotho ($X), with a 1.3% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Egypt amounted to -26.5%.

Export Prices by Country

In 2021, the export price in Africa amounted to $X per ton, increasing by 5.4% against the previous year. Over the period under review, the export price, however, recorded a precipitous decrease. The growth pace was the most rapid in 2016 when the export price increased by 6.6% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Egypt ($X per ton), while Lesotho totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Lesotho (-29.3%).

Mixtures Of Slag Imports

Imports in Africa

Mixtures of slag imports contracted dramatically to X tons in 2021, falling by -86.5% on the year before. Overall, imports showed a abrupt contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 2,409%. Over the period under review, imports reached the maximum at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, mixtures of slag imports declined markedly to $X in 2021. In general, imports, however, enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 544%. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

Egypt represented the main importing country with an import of around X tons, which resulted at 73% of total imports. It was distantly followed by Algeria (X tons), creating a 12% share of total imports. Nigeria (X tons), Mauritania (X tons), Swaziland (X tons) and Democratic Republic of the Congo (X tons) took a minor share of total imports.

From 2012 to 2021, average annual rates of growth with regard to mixtures of slag imports into Egypt stood at +68.2%. At the same time, Algeria (+69.8%), Swaziland (+35.1%) and Nigeria (+32.6%) displayed positive paces of growth. Moreover, Algeria emerged as the fastest-growing importer imported in Africa, with a CAGR of +69.8% from 2012-2021. Democratic Republic of the Congo experienced a relatively flat trend pattern. By contrast, Mauritania (-28.3%) illustrated a downward trend over the same period. Egypt (+72 p.p.), Algeria (+12 p.p.), Nigeria (+4.2 p.p.), Mauritania (+3.1 p.p.) and Swaziland (+2.2 p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Egypt ($X) constitutes the largest market for imported mixtures of slag in Africa, comprising 11% of total imports. The second position in the ranking was held by Democratic Republic of the Congo ($X), with a 5.1% share of total imports. It was followed by Nigeria, with a 3% share.

In Egypt, mixtures of slag imports expanded at an average annual rate of +60.8% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Democratic Republic of the Congo (+12.8% per year) and Nigeria (+25.8% per year).

Import Prices by Country

The import price in Africa stood at $X per ton in 2021, increasing by 527% against the previous year. Over the period under review, the import price saw a prominent expansion. Over the period under review, import prices attained the peak figure at $X per ton in 2016; however, from 2017 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Democratic Republic of the Congo ($X per ton), while Algeria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Democratic Republic of the Congo (+12.5%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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