Africa: Market for Propan-1-Ol (Propyl Alcohol) And Propan-2-Ol (Isopropyl Alcohol) 2025

Market Size for Propan-1-Ol (Propyl Alcohol) And Propan-2-Ol (Isopropyl Alcohol) in Africa

In 2022, the African propyl and isopropyl alcohol market decreased by less than 0.1% to $X, falling for the second year in a row after two years of growth. In general, consumption, however, saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Production of Propan-1-Ol (Propyl Alcohol) And Propan-2-Ol (Isopropyl Alcohol) in Africa

In value terms, propyl and isopropyl alcohol production expanded to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.0% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 with an increase of 18%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Propan-1-Ol (Propyl Alcohol) And Propan-2-Ol (Isopropyl Alcohol)

Exports in Africa

In 2022, the amount of propan-1-ol (propyl alcohol) and propan-2-ol (isopropyl alcohol) exported in Africa expanded significantly to X tons, with an increase of 8.5% on 2021. Total exports indicated prominent growth from 2012 to 2022: its volume increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +70.2% against 2018 indices. The growth pace was the most rapid in 2019 when exports increased by 42% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, propyl and isopropyl alcohol exports rose sharply to $X in 2022. Overall, exports saw a strong increase. The pace of growth was the most pronounced in 2017 when exports increased by 64% against the previous year. The level of export peaked in 2022 and is likely to see gradual growth in the immediate term.

Exports by Country

In 2022, South Africa (X tons) represented the key exporter of propan-1-ol (propyl alcohol) and propan-2-ol (isopropyl alcohol) in Africa, making up 100% of total export.

South Africa was also the fastest-growing in terms of the propan-1-ol (propyl alcohol) and propan-2-ol (isopropyl alcohol) exports, with a CAGR of +6.0% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) also remains the largest propyl and isopropyl alcohol supplier in Africa.

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa totaled +6.0%.

Export Prices by Country

The export price in Africa stood at $X per ton in 2022, standing approx. at the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the export price increased by 33%. The level of export peaked in 2022 and is expected to retain growth in years to come.

As there is only one major export destination, the average price level is determined by prices for South Africa.

From 2012 to 2022, the rate of growth in terms of prices for South Africa amounted to +0.0% per year.

Imports of Propan-1-Ol (Propyl Alcohol) And Propan-2-Ol (Isopropyl Alcohol)

Imports in Africa

In 2022, supplies from abroad of propan-1-ol (propyl alcohol) and propan-2-ol (isopropyl alcohol) decreased by -9.7% to X tons, falling for the second consecutive year after four years of growth. Over the period under review, imports, however, enjoyed a perceptible expansion. The most prominent rate of growth was recorded in 2020 with an increase of 59%. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, propyl and isopropyl alcohol imports declined slightly to $X in 2022. Overall, imports, however, enjoyed a tangible expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 91%. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Nigeria was the key importing country with an import of around X tons, which accounted for 36% of total imports. Kenya (X tons) ranks second in terms of the total imports with a 12% share, followed by Egypt (9.5%) and Ghana (7.1%). Tunisia (X tons), Algeria (X tons), Tanzania (X tons), Cote d'Ivoire (X tons), Zimbabwe (X tons), Morocco (X tons), Uganda (X tons) and Angola (X tons) held a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to propyl and isopropyl alcohol imports into Nigeria stood at +4.6%. At the same time, Zimbabwe (+23.5%), Algeria (+21.5%), Uganda (+12.5%), Cote d'Ivoire (+6.4%), Tanzania (+4.5%), Ghana (+3.5%), Kenya (+3.1%) and Angola (+1.1%) displayed positive paces of growth. Moreover, Zimbabwe emerged as the fastest-growing importer imported in Africa, with a CAGR of +23.5% from 2012-2022. By contrast, Tunisia (-2.7%), Egypt (-2.7%) and Morocco (-2.9%) illustrated a downward trend over the same period. Nigeria (+6.7 p.p.), Algeria (+3.2 p.p.) and Zimbabwe (+2.9 p.p.) significantly strengthened its position in terms of the total imports, while Morocco, Tunisia and Egypt saw its share reduced by -1.8%, -2.8% and -6.5% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Nigeria ($X) constitutes the largest market for imported propan-1-ol (propyl alcohol) and propan-2-ol (isopropyl alcohol) in Africa, comprising 35% of total imports. The second position in the ranking was taken by Egypt ($X), with a 10% share of total imports. It was followed by Kenya, with a 9.7% share.

From 2012 to 2022, the average annual growth rate of value in Nigeria totaled +3.5%. The remaining importing countries recorded the following average annual rates of imports growth: Egypt (-2.1% per year) and Kenya (+2.4% per year).

Import Prices by Country

The import price in Africa stood at $X per ton in 2022, picking up by 7% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the import price increased by 20%. The level of import peaked at $X per ton in 2012; afterwards, it flattened through to 2022.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Angola ($X per ton), while Uganda ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Morocco (+2.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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