Africa: Naphthenic Acids Market 2020

Naphthenic Acids Market Size in Africa

The revenue of the naphthenic acids market in Africa amounted to $X in 2017, growing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The naphthenic acids consumption continues to indicate a noticeable descent. The pace of growth appeared the most rapid in 2012, with an increase of X% y-o-y. Over the period under review, the naphthenic acids market reached its peak figure level of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Naphthenic Acids Exports in Africa

In 2017, exports of naphthenic acids, their water-insoluble salts and their esters in Africa amounted to X tons, dropping by -X% against the previous year. The naphthenic acids exports continue to indicate a slight curtailment. The pace of growth was the most pronounced in 2016, when it surged by X% against the previous year. Over the period under review, the naphthenic acids exports attained its maximum volume of X tons in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

In value terms, naphthenic acids exports amounted to $X in 2017. The naphthenic acids exports continue to indicate a drastic shrinkage. Over the period under review, the naphthenic acids exports reached its maximum level of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Naphthenic Acids Exports by Country in Africa

The exports of the two major exporters of naphthenic acids, their water-insoluble salts and their esters, namely South Africa and Swaziland, represented more than two-thirds of total export.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by South Africa (+X% per year).

In value terms, the largest naphthenic acids markets worldwide were South Africa ($X) and Swaziland ($X), with a combined X% share of total exports.

South Africa (+X% per year) recorded the highest rates of growth with regard to exports, among the main exporting countries over the last decade.

Naphthenic Acids Export Prices by Country in Africa

In 2017, the naphthenic acids export price in Africa amounted to $X per ton, going up by X% against the previous year. The naphthenic acids export price continues to indicate a perceptible curtailment. The pace of growth was the most pronounced in 2012, when it surged by X% against the previous year. The level of export price peaked of $X per ton in 2009; however, from 2010 to 2017, it failed to regain its momentum.

Average export prices varied noticeably amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in South Africa ($X per ton) and Swaziland ($X per ton), while Swaziland ($X per ton) and South Africa ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by South Africa (-X% per year).

Naphthenic Acids Imports in Africa

The imports totaled X tons in 2017, rising by X% against the previous year. The total imports indicated a strong growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2010, when it surged by X% against the previous year. The volume of imports peaked in 2017, and are expected to retain its growth in the immediate term.

In value terms, naphthenic acids imports totaled $X in 2017. The total imports indicated a significant increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the naphthenic acids imports decreased by -X% against 2013 indices. The level of imports peaked of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Naphthenic Acids Imports by Country in Africa

Egypt (X tons) and South Africa (X tons) represented roughly X% of total imports of naphthenic acids, their water-insoluble salts and their esters in 2017. Morocco (X tons) took a X% share (based on tons) of total imports, which put it in second place, followed by Congo (X%), Nigeria (X%) and Algeria (X%). Kenya (X tons), Namibia (X tons), Angola (X tons), Sudan (X tons) and Zambia (X tons) held the mild share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Namibia (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X), Egypt ($X) and Morocco ($X) were the countries with the highest levels of imports in 2017, together accounting for X% of total imports. These countries were followed by Nigeria, Algeria, Congo, Namibia, Kenya, Zambia, Angola and Sudan, which together accounted for a further X%.

Namibia (+X% per year) experienced the highest rates of growth with regard to imports, in terms of the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Naphthenic Acids Import Prices by Country in Africa

The naphthenic acids import price in Africa stood at $X per ton in 2017, going down by -X% against the previous year. The naphthenic acids import price continues to indicate a slight downturn. The most prominent rate of growth was recorded in 2008, an increase of X% y-o-y. Over the period under review, the import prices for naphthenic acids, their water-insoluble salts and their esters reached its maximum level of $X per ton in 2011; however, from 2012 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Zambia ($X per ton), while Sudan ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Namibia (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform