Africa: Silicon Dioxide Market 2024

Silicon Dioxide Market Size in Africa

The African silicon dioxide market expanded to $X in 2021, with an increase of 2.2% against the previous year. The total consumption indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +7.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -6.0% against 2019 indices. The level of consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Silicon Dioxide Production in Africa

In value terms, silicon dioxide production rose rapidly to $X in 2021 estimated in export price. The total production indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +8.8% 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 -6.3% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the production volume increased by 26% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Silicon Dioxide Exports

Exports in Africa

In 2021, the amount of silicon dioxide exported in Africa skyrocketed to X tons, picking up by 192% against 2020 figures. Over the period under review, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, silicon dioxide exports skyrocketed to $X in 2021. Overall, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

South Africa represented the largest exporter of silicon dioxide in Africa, with the volume of exports accounting for X tons, which was near 71% of total exports in 2021. It was distantly followed by Egypt (X tons), making up a 29% share of total exports.

South Africa was also the fastest-growing in terms of the silicon dioxide exports, with a CAGR of +52.1% from 2012 to 2021. At the same time, Egypt (+23.3%) displayed positive paces of growth. While the share of South Africa (+45 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Egypt (-41.2 p.p.) displayed negative dynamics.

In value terms, South Africa ($X) emerged as the largest silicon dioxide supplier in Africa, comprising 66% of total exports. The second position in the ranking was taken by Egypt ($X), with a 32% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in South Africa totaled +47.1%.

Export Prices by Country

The export price in Africa stood at $X per ton in 2021, which is down by -10.9% against the previous year. Over the period under review, the export price continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2020 an increase of 39% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Egypt ($X per ton), while South Africa totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Egypt (-3.0%).

Silicon Dioxide Imports

Imports in Africa

In 2021, supplies from abroad of silicon dioxide decreased by -14.4% to X tons, falling for the second year in a row after two years of growth. In general, imports, however, enjoyed moderate growth. The pace of growth appeared the most rapid in 2019 when imports increased by 80% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2021, the growth of imports remained at a lower figure.

In value terms, silicon dioxide imports declined to $X in 2021. The total import value increased at an average annual rate of +1.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 28%. As a result, imports reached the peak of $X, and then contracted modestly in the following year.

Imports by Country

South Africa represented the main importing country with an import of around X tons, which amounted to 40% of total imports. Nigeria (X tons) held a 22% share (based on physical terms) of total imports, which put it in second place, followed by Egypt (16%) and Morocco (7.3%). The following importers - Tanzania (X tons) and Algeria (X tons) - each reached a 4.2% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Morocco (with a CAGR of +15.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest silicon dioxide importing markets in Africa were South Africa ($X), Egypt ($X) and Nigeria ($X), together accounting for 76% of total imports.

Nigeria, with a CAGR of +4.6%, 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

In 2021, the import price in Africa amounted to $X per ton, with an increase of 13% against the previous year. In general, the import price, however, saw a mild descent. The most prominent rate of growth was recorded in 2020 when the import price increased by 107% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2013; however, from 2014 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 ($X per ton), while Morocco ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Algeria (+2.5%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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