Africa: Styrene-Acrylonitrile Copolymers Market 2025

Styrene-Acrylonitrile Copolymers Market Size in Africa

In 2022, the African styrene-acrylonitrile copolymers market decreased by -6.6% to $X, falling for the second year in a row after four years of growth. Overall, consumption saw a relatively flat trend pattern. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Styrene-Acrylonitrile Copolymers Production in Africa

In value terms, styrene-acrylonitrile copolymers production declined slightly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a mild slump. The pace of growth appeared the most rapid in 2018 when the production volume increased by 15%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Styrene-Acrylonitrile Copolymers Exports

Exports in Africa

In 2022, the amount of styrene-acrylonitrile (san) copolymers in primary forms exported in Africa dropped dramatically to X tons, which is down by -57.6% against 2021. In general, exports, however, saw a perceptible expansion. The growth pace was the most rapid in 2021 with an increase of 127%. Over the period under review, the exports attained the peak figure at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, styrene-acrylonitrile copolymers exports reduced dramatically to $X in 2022. Overall, exports, however, showed a tangible expansion. The pace of growth was the most pronounced in 2021 with an increase of 228%. As a result, the exports attained the peak of $X, and then fell dramatically in the following year.

Exports by Country

Kenya represented the major exporter of styrene-acrylonitrile (san) copolymers in primary forms in Africa, with the volume of exports resulting at X tons, which was near 54% of total exports in 2022. It was distantly followed by South Africa (X tons) and Egypt (X tons), together comprising a 44% share of total exports. Tunisia (X tons) took a little share of total exports.

From 2012 to 2022, the biggest increases were recorded for Egypt (with a CAGR of +101.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Kenya ($X), South Africa ($X) and Egypt ($X) constituted the countries with the highest levels of exports in 2022, with a combined 99% share of total exports.

In terms of the main exporting countries, Egypt, with a CAGR of +105.3%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in Africa amounted to $X per ton, declining by -14.3% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the export price increased by 45% against the previous year. As a result, the export price attained the peak level of $X per ton, and then reduced in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Egypt ($X per ton), while Tunisia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+1.7%), while the other leaders experienced a decline in the export price figures.

Styrene-Acrylonitrile Copolymers Imports

Imports in Africa

In 2022, overseas purchases of styrene-acrylonitrile (san) copolymers in primary forms decreased by -29.6% to X tons, falling for the second year in a row after four years of growth. Over the period under review, imports, however, continue to indicate mild growth. The pace of growth was the most pronounced in 2018 when imports increased by 46% against the previous year. Over the period under review, imports reached the maximum at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, styrene-acrylonitrile copolymers imports shrank dramatically to $X in 2022. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 28% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Nigeria represented the key importing country with an import of around X tons, which accounted for 65% of total imports. Egypt (X tons) held the second position in the ranking, distantly followed by Algeria (X tons). All these countries together took approx. 22% share of total imports. The following importers - South Africa (X tons) and Morocco (X tons) - each amounted to a 4% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to styrene-acrylonitrile copolymers imports into Nigeria stood at +3.7%. At the same time, Morocco (+27.2%) and Algeria (+9.2%) displayed positive paces of growth. Moreover, Morocco emerged as the fastest-growing importer imported in Africa, with a CAGR of +27.2% from 2012-2022. South Africa experienced a relatively flat trend pattern. By contrast, Egypt (-7.1%) illustrated a downward trend over the same period. While the share of Nigeria (+13 p.p.), Algeria (+3.9 p.p.) and Morocco (+1.7 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Egypt (-20.8 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest styrene-acrylonitrile copolymers importing markets in Africa were Nigeria ($X), Egypt ($X) and Algeria ($X), together accounting for 84% of total imports. South Africa and Morocco lagged somewhat behind, together comprising a further 4%.

In terms of the main importing countries, Morocco, with a CAGR of +19.3%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Africa amounted to $X per ton, jumping by 19% against the previous year. Over the period under review, the import price, however, recorded a slight setback. The pace of growth appeared the most rapid in 2021 when the import price increased by 34%. Over the period under review, import prices reached the maximum at $X per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Algeria (+3.8%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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