Africa: Market for Prepared Glues And Other Prepared Adhesives 2024

Market Size for Prepared Glues And Other Prepared Adhesives in Africa

In 2021, the African market for prepared glues and other prepared adhesives decreased by -3.9% to $X for the first time since 2013, thus ending a seven-year rising trend. The market value increased at an average annual rate of +2.9% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2020, and then shrank modestly in the following year.

Production of Prepared Glues And Other Prepared Adhesives in Africa

In value terms, production of prepared glues and other prepared adhesives shrank to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 when the production volume increased by 27%. The level of production peaked at $X in 2020, and then contracted in the following year.

Exports of Prepared Glues And Other Prepared Adhesives

Exports in Africa

In 2021, overseas shipments of prepared glues and other prepared adhesives decreased by -12.4% to X tons, falling for the third consecutive year after three years of growth. Total exports indicated measured growth from 2012 to 2021: its volume increased at an average annual rate of +2.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -42.7% against 2018 indices. The most prominent rate of growth was recorded in 2013 with an increase of 64% against the previous year. Over the period under review, the exports of hit record highs at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of prepared glues and other prepared adhesives rose slightly to $X in 2021. Over the period under review, exports continue to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2013 when exports increased by 24%. The level of export peaked at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

In 2021, South Africa (X tons) was the key exporter of prepared glues and other prepared adhesives, generating 65% of total exports. Egypt (X tons) held the second position in the ranking, followed by Tunisia (X tons), Morocco (X tons) and Kenya (X tons). All these countries together took near 30% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to prepared glues and other prepared adhesives exports from South Africa stood at +4.8%. At the same time, Morocco (+18.7%) and Kenya (+12.7%) displayed positive paces of growth. Moreover, Morocco emerged as the fastest-growing exporter exported in Africa, with a CAGR of +18.7% from 2012-2021. Tunisia experienced a relatively flat trend pattern. By contrast, Egypt (-5.6%) illustrated a downward trend over the same period. South Africa (+11 p.p.), Morocco (+4.2 p.p.) and Kenya (+2.7 p.p.) significantly strengthened its position in terms of the total exports, while Tunisia and Egypt saw its share reduced by -2.5% and -12.7% from 2012 to 2021, respectively.

In value terms, South Africa ($X) remains the largest prepared glues and other prepared adhesives supplier in Africa, comprising 54% of total exports. The second position in the ranking was held by Egypt ($X), with a 25% share of total exports. It was followed by Kenya, with a 6.2% share.

From 2012 to 2021, the average annual growth rate of value in South Africa totaled +2.3%. The remaining exporting countries recorded the following average annual rates of exports growth: Egypt (-9.5% per year) and Kenya (+15.8% per year).

Export Prices by Country

In 2021, the export price in Africa amounted to $X per ton, growing by 17% against the previous year. Over the period under review, the export price, however, saw a abrupt shrinkage. 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 remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Egypt ($X per ton), while Morocco ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kenya (+2.7%), while the other leaders experienced a decline in the export price figures.

Imports of Prepared Glues And Other Prepared Adhesives

Imports in Africa

In 2021, overseas purchases of prepared glues and other prepared adhesives increased by 4.5% to X tons, rising for the sixth consecutive year after two years of decline. Total imports indicated a remarkable increase from 2012 to 2021: its volume increased at an average annual rate of +5.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +57.1% against 2015 indices. The pace of growth appeared the most rapid in 2018 when imports increased by 27%. Over the period under review, imports of hit record highs in 2021 and are expected to retain growth in years to come.

In value terms, imports of prepared glues and other prepared adhesives rose notably to $X in 2021. The total import value increased at an average annual rate of +4.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 when imports increased by 15% against the previous year. The level of import peaked in 2021 and is expected to retain growth in the near future.

Imports by Country

In 2021, Nigeria (X tons), followed by South Africa (X tons), Algeria (X tons), Morocco (X tons), Mozambique (X tons), Ghana (X tons), Libya (X tons) and Botswana (X tons) represented the largest importers of prepared glues and other prepared adhesives, together generating 60% of total imports. Egypt (X tons), Ethiopia (X tons), Tunisia (X tons), Senegal (X tons) and Angola (X tons) took a minor share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Mozambique (with a CAGR of +39.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X), Algeria ($X) and Nigeria ($X) appeared to be the countries with the highest levels of imports in 2021, together comprising 34% of total imports. Morocco, Egypt, Ghana, Tunisia, Libya, Ethiopia, Angola, Botswana, Senegal and Mozambique lagged somewhat behind, together accounting for a further 41%.

Ghana, with a CAGR of +19.4%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Africa stood at $X per ton in 2021, growing by 8.5% against the previous year. Overall, the import price, however, continues to indicate a mild reduction. The pace of growth appeared the most rapid in 2014 when the import price increased by 12% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Egypt ($X per ton), while Mozambique ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ghana (+2.0%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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