Africa: Saccharin Market 2024

Saccharin Market Size in Africa

The African saccharin market shrank to $X in 2021, with a decrease of -12.7% against the previous year. The market value increased at an average annual rate of +1.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the peak level at $X in 2020, and then contracted in the following year.

Saccharin Production in Africa

In value terms, saccharin production contracted modestly to $X in 2021 estimated in export price. In general, production, however, saw a noticeable contraction. The pace of growth appeared the most rapid in 2014 when the production volume increased by 31% against the previous year. The level of production peaked at $X in 2015; however, from 2016 to 2021, production stood at a somewhat lower figure.

Saccharin Exports

Exports in Africa

In 2021, saccharin exports in Africa declined to X tons, with a decrease of -12.5% on 2020. In general, exports, however, showed strong growth. The growth pace was the most rapid in 2015 with an increase of 87%. The volume of export peaked at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, saccharin exports declined to $X in 2021. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when exports increased by 67% against the previous year. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

South Africa represented the key exporter of saccharin and its salts in Africa, with the volume of exports amounting to X tons, which was near 74% of total exports in 2021. It was distantly followed by Uganda (X tons), committing a 22% share of total exports. Swaziland (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to saccharin exports from South Africa stood at +7.1%. At the same time, Uganda (+13.8%) displayed positive paces of growth. Moreover, Uganda emerged as the fastest-growing exporter exported in Africa, with a CAGR of +13.8% from 2012-2021. By contrast, Swaziland (-8.2%) illustrated a downward trend over the same period. While the share of Uganda (+9.5 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Swaziland (-8.2 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest saccharin supplier in Africa, comprising 73% of total exports. The second position in the ranking was held by Uganda ($X), with a 20% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in South Africa totaled -1.4%. The remaining exporting countries recorded the following average annual rates of exports growth: Uganda (+37.1% per year) and Swaziland (-11.1% per year).

Export Prices by Country

The export price in Africa stood at $X per ton in 2021, approximately equating the previous year. Overall, the export price, however, recorded a deep reduction. The pace of growth was the most pronounced in 2016 an increase of 27%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Uganda (+20.5%), while the other leaders experienced a decline in the export price figures.

Saccharin Imports

Imports in Africa

In 2021, approx. X tons of saccharin and its salts were imported in Africa; dropping by -20% against 2020 figures. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 40%. The volume of import peaked at X tons in 2020, and then contracted significantly in the following year.

In value terms, saccharin imports reduced to $X in 2021. Total imports indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +2.3% 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 +18.6% against 2019 indices. The most prominent rate of growth was recorded in 2016 with an increase of 51% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, South Africa (X tons), distantly followed by Nigeria (X tons), Swaziland (X tons) and Egypt (X tons) represented the main importers of saccharin and its salts, together committing 69% of total imports. The following importers - Kenya (X tons), Zambia (X tons), Tanzania (X tons), Algeria (X tons), Ghana (X tons), Malawi (X tons) and Zimbabwe (X tons) - together made up 23% 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 Malawi (with a CAGR of +35.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X) constitutes the largest market for imported saccharin and its salts in Africa, comprising 33% of total imports. The second position in the ranking was held by Nigeria ($X), with an 11% share of total imports. It was followed by Swaziland, with a 10% share.

From 2012 to 2021, the average annual growth rate of value in South Africa totaled +1.8%. In the other countries, the average annual rates were as follows: Nigeria (+10.6% per year) and Swaziland (+27.9% per year).

Import Prices by Country

In 2021, the import price in Africa amounted to $X per ton, with an increase of 9.6% against the previous year. Over the last nine years, it increased at an average annual rate of +1.7%. The most prominent rate of growth was recorded in 2014 when the import price increased by 14% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2016; however, from 2017 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Algeria (+7.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :