Africa: Market for Reaction Initiators, Reaction Accelerators And Catalytic Preparations 2025

Market Size for Reaction Initiators, Reaction Accelerators And Catalytic Preparations in Africa

The African reaction initiators and accelerators market soared to $X in 2022, surging by 32% against the previous year. Over the period under review, consumption enjoyed a resilient increase. The level of consumption peaked in 2022 and is likely to continue growth in the immediate term.

Production of Reaction Initiators, Reaction Accelerators And Catalytic Preparations in Africa

In value terms, reaction initiators and accelerators production rose sharply to $X in 2022 estimated in export price. Over the period under review, production posted a buoyant expansion. The most prominent rate of growth was recorded in 2014 when the production volume increased by 52%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Reaction Initiators, Reaction Accelerators And Catalytic Preparations

Exports in Africa

In 2022, after three years of growth, there was significant decline in overseas shipments of reaction initiators, reaction accelerators and catalytic preparations, when their volume decreased by -69% to X tons. In general, exports, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2015 when exports increased by 195% against the previous year. The volume of export peaked at X tons in 2021, and then fell dramatically in the following year.

In value terms, reaction initiators and accelerators exports declined rapidly to $X in 2022. Over the period under review, exports, however, showed a significant increase. The pace of growth was the most pronounced in 2014 with an increase of 262% against the previous year. Over the period under review, the exports reached the maximum at $X in 2021, and then contracted rapidly in the following year.

Exports by Country

South Africa prevails in exports structure, amounting to X tons, which was approx. 94% of total exports in 2022. Algeria (X tons) followed a long way behind the leaders.

Exports from South Africa increased at an average annual rate of +9.4% from 2012 to 2022. At the same time, Algeria (+20.6%) displayed positive paces of growth. Moreover, Algeria emerged as the fastest-growing exporter exported in Africa, with a CAGR of +20.6% from 2012-2022. From 2012 to 2022, the share of South Africa increased by +9 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest reaction initiators and accelerators supplier in Africa, comprising 99% of total exports. The second position in the ranking was taken by Algeria ($X), with a 0.1% share of total exports.

In South Africa, reaction initiators and accelerators exports expanded at an average annual rate of +21.1% over the period from 2012-2022.

Export Prices by Country

The export price in Africa stood at $X per ton in 2022, surging by 26% against the previous year. Over the period under review, the export price saw a resilient increase. The pace of growth was the most pronounced in 2016 an increase of 86%. Over the period under review, the export prices attained the maximum at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was South Africa ($X per ton), while Algeria stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+10.8%).

Imports of Reaction Initiators, Reaction Accelerators And Catalytic Preparations

Imports in Africa

In 2022, the amount of reaction initiators, reaction accelerators and catalytic preparations imported in Africa soared to X tons, with an increase of 43% compared with the year before. The total import volume increased at an average annual rate of +2.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, reaction initiators and accelerators imports soared to $X in 2022. Total imports indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +22.4% against 2015 indices. The growth pace was the most rapid in 2015 with an increase of 38%. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

South Africa was the largest importer of reaction initiators, reaction accelerators and catalytic preparations in Africa, with the volume of imports recording X tons, which was approx. 35% of total imports in 2022. Nigeria (X tons) held a 15% share (based on physical terms) of total imports, which put it in second place, followed by Algeria (12%), Egypt (7.1%), Morocco (7%) and Sudan (5.6%). Tunisia (X tons) took a minor share of total imports.

South Africa experienced a relatively flat trend pattern with regard to volume of imports of reaction initiators, reaction accelerators and catalytic preparations. At the same time, Morocco (+13.1%), Sudan (+10.4%), Tunisia (+7.2%), Algeria (+6.7%), Nigeria (+6.7%) and Egypt (+1.3%) displayed positive paces of growth. Moreover, Morocco emerged as the fastest-growing importer imported in Africa, with a CAGR of +13.1% from 2012-2022. From 2012 to 2022, the share of Nigeria, Morocco, Algeria and Sudan increased by +4.6, +4.3, +3.6 and +2.8 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported reaction initiators, reaction accelerators and catalytic preparations in Africa, comprising 55% of total imports. The second position in the ranking was held by Nigeria ($X), with a 14% share of total imports. It was followed by Egypt, with a 7.8% share.

From 2012 to 2022, the average annual growth rate of value in South Africa totaled +4.5%. In the other countries, the average annual rates were as follows: Nigeria (+4.3% per year) and Egypt (+3.7% per year).

Import Prices by Country

In 2022, the import price in Africa amounted to $X per ton, falling by -8.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The pace of growth appeared the most rapid in 2020 when the import price increased by 25% against the previous year. The level of import peaked at $X per ton in 2021, and then reduced in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+4.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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