Africa: Pitch Market 2020

Pitch Market Size in Africa

The revenue of the pitch market in Africa amounted to $X in 2017, going down by -X% against the previous year. The pitch consumption continues to indicate a drastic curtailment. The most prominent rate of growth was recorded in 2015, with an increase of X% year-to-year. The level of pitch consumption peaked of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Pitch Production in Africa

In 2017, approx. X tons of pitch and pitch coke were produced in Africa; stabilizing at the previous year. The pitch production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016, when it surged by X% y-o-y. The volume of pitch production peaked in 2017, and is expected to retain its growth in the immediate term.

Pitch Exports in Africa

In 2017, approx. X tons of pitch and pitch coke were exported in Africa; surging by X% against the previous year. The pitch exports continue to indicate a strong growth. The pace of growth was the most pronounced in 2017, with an increase of X% y-o-y. In that year, the pitch exports reached their peak volume, and are likely to continue its growth in the immediate term.

In value terms, pitch exports amounted to $X in 2017. The pitch exports continue to indicate a pronounced growth. Over the period under review, the pitch exports reached its peak figure level of $X in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Pitch Exports by Country in Africa

In 2017, Egypt (X tons) represented the key exporter for pitch and pitch coke, comprising X% of total exports. South Africa (X tons) held the second position in the ranking, followed by Cameroon (X tons) and Tanzania (X tons). All these countries together held approx. X% share of total exports.

Egypt was also the fastest growing in terms of the pitch and pitch coke exports, with a CAGR of +X% from 2007 to 2017. At the same time, Tanzania (+X%) and Cameroon (+X%) displayed positive paces of growth. By contrast, South Africa (-X%) illustrated a downward trend over the same period. South Africa (X%) significantly strengthened its position in terms of the global exports, while Cameroon, Tanzania and Egypt saw its share reduced by -X%, -X% and -X% from 2007 to 2017, respectively.

In value terms, the largest pitch markets worldwide were South Africa ($X), Tanzania ($X) and Cameroon ($X), together comprising X% of total exports. These countries were followed by Egypt, which accounted for a further X%.

Egypt (+X% per year) recorded the highest growth rate of exports, in terms of the main exporting countries over the last decade, while the other leaders experienced more modest paces of growth.

Pitch Export Prices by Country in Africa

The pitch export price in Africa stood at $X per ton in 2017, dropping by -X% against the previous year. The pitch export price continues to indicate an abrupt decrease. The most prominent rate of growth was recorded in 2015, an increase of X% y-o-y. The level of export price peaked of $X per ton in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Tanzania ($X per ton), while Egypt ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Tanzania (+X% per year), while the other leaders experienced mixed trends in the export price figures.

Pitch Imports in Africa

In 2017, approx. X tons of pitch and pitch coke were imported in Africa; coming up by X% against the previous year. The pitch imports continue to indicate a deep decline. The growth pace was the most rapid in 2014, when it surged by X% y-o-y. Over the period under review, the pitch imports attained its peak figure volume of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, pitch imports stood at $X in 2017. The pitch imports continue to indicate a relatively flat trend pattern. Over the period under review, the pitch imports attained its maximum level of $X in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Pitch Imports by Country in Africa

South Africa (X tons), Zambia (X tons), Egypt (X tons) and Mozambique (X tons) represented roughly X% of total imports of pitch and pitch coke in 2017. It was distantly followed by Senegal (X tons), constituting X% share of total imports. The following importers - Cameroon (X tons) and Ghana (X tons) each reached a X% 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 Senegal (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X), Zambia ($X) and Egypt ($X) were the countries with the highest levels of imports in 2017, together accounting for X% of total imports.

Among the main importing countries , Zambia (+X% per year) recorded the highest growth rate of imports, over the last decade, while the other leaders experienced more modest paces of growth.

Pitch Import Prices by Country in Africa

In 2017, the pitch import price in Africa amounted to $X per ton, rising by X% against the previous year. The import price indicated a strong increase from 2007 to 2017: its price 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 pitch import price increased by +X% against 2014 indices. The pace of growth was the most pronounced in 2015, an increase of X% y-o-y. The level of import price peaked of $X per ton in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Cameroon ($X per ton), while Senegal ($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 Mozambique (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform