Africa: Prepared Rubber Accelerators Market 2024

Prepared Rubber Accelerators Market Size in Africa

In 2021, the African prepared rubber accelerators market increased by 2.9% to $X for the first time since 2018, thus ending a two-year declining trend. The total consumption indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +5.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.

Prepared Rubber Accelerators Production in Africa

In value terms, prepared rubber accelerators production expanded modestly to $X in 2021 estimated in export price. The total production indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +5.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -23.4% against 2016 indices. The pace of growth was the most pronounced in 2015 with an increase of 39%. The level of production peaked at $X in 2016; however, from 2017 to 2021, production failed to regain momentum.

Prepared Rubber Accelerators Exports

Exports in Africa

For the fifth year in a row, Africa recorded growth in shipments abroad of prepared rubber accelerators, which increased by 591% to X tons in 2021. Overall, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, prepared rubber accelerators exports soared to $X in 2021. Over the period under review, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Cote d'Ivoire prevails in exports structure, reaching X tons, which was near 90% of total exports in 2021. It was distantly followed by Egypt (X tons), committing a 6.2% share of total exports. South Africa (X tons) followed a long way behind the leaders.

Cote d'Ivoire was also the fastest-growing in terms of the prepared rubber accelerators exports, with a CAGR of +77.0% from 2012 to 2021. At the same time, Egypt (+38.8%) displayed positive paces of growth. By contrast, South Africa (-8.2%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Cote d'Ivoire and Egypt increased by +84 and +3 percentage points, respectively.

In value terms, Cote d'Ivoire ($X) emerged as the largest prepared rubber accelerators supplier in Africa, comprising 77% of total exports. The second position in the ranking was held by Egypt ($X), with a 15% share of total exports.

In Cote d'Ivoire, prepared rubber accelerators exports expanded at an average annual rate of +73.4% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Egypt (+41.7% per year) and South Africa (-4.9% per year).

Export Prices by Country

The export price in Africa stood at $X per ton in 2021, dropping by -49.4% against the previous year. Over the period under review, the export price saw a abrupt decline. The pace of growth was the most pronounced in 2014 an increase of 56% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2017; however, from 2018 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 ($X per ton), while Cote d'Ivoire ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Africa (+3.7%), while the other leaders experienced mixed trends in the export price figures.

Prepared Rubber Accelerators Imports

Imports in Africa

In 2021, prepared rubber accelerators imports in Africa rose significantly to X tons, growing by 11% compared with the previous year's figure. Total imports indicated a measured expansion from 2012 to 2021: its volume increased at an average annual rate of +2.5% 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 +74.2% against 2016 indices. The most prominent rate of growth was recorded in 2013 with an increase of 74% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, prepared rubber accelerators imports soared to $X in 2021. Total imports indicated temperate growth from 2012 to 2021: its value increased at an average annual rate of +3.8% 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 +118.0% against 2016 indices. The most prominent rate of growth was recorded in 2013 with an increase of 53% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, South Africa (X tons), distantly followed by Egypt (X tons), Morocco (X tons) and Algeria (X tons) were the key importers of prepared rubber accelerators, together achieving 81% of total imports. Djibouti (X tons), Kenya (X tons) and Nigeria (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Djibouti (with a CAGR of +50.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X), Egypt ($X) and Algeria ($X) constituted the countries with the highest levels of imports in 2021, together comprising 74% of total imports. These countries were followed by Morocco, Djibouti, Nigeria and Kenya, which together accounted for a further 17%.

Djibouti, with a CAGR of +55.5%, recorded the highest rates of growth with regard to the value of imports, among 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

In 2021, the import price in Africa amounted to $X per ton, growing by 22% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.2%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Egypt (+3.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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