Africa: Market for Sulphates Of Barium Or Aluminium 2024

Market Size for Sulphates Of Barium Or Aluminium in Africa

In 2022, the African barium or aluminium sulphates market increased by 4.2% to $X, rising for the second consecutive year after three years of decline. The market value increased at an average annual rate of +1.6% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Sulphates Of Barium Or Aluminium in Africa

In value terms, barium or aluminium sulphates production declined modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when the production volume increased by 23%. As a result, production reached the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

Exports of Sulphates Of Barium Or Aluminium

Exports in Africa

In 2022, after two years of growth, there was significant decline in shipments abroad of sulphates of barium or aluminium, when their volume decreased by -45.5% to X tons. Over the period under review, exports saw a deep setback. The growth pace was the most rapid in 2021 when exports increased by 24% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, barium or aluminium sulphates exports fell remarkably to $X in 2022. Overall, exports showed a abrupt downturn. The pace of growth appeared the most rapid in 2017 when exports increased by 24%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

South Africa represented the major exporter of sulphates of barium or aluminium in Africa, with the volume of exports amounting to X tons, which was approx. 36% of total exports in 2022. Morocco (X tons) ranks second in terms of the total exports with a 19% share, followed by Tunisia (7.4%), Kenya (7%), Egypt (6.6%) and Congo (5.3%). The following exporters - Namibia (X tons) and Tanzania (X tons) - each reached an 8.3% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Egypt (with a CAGR of +25.9%), while the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X) emerged as the largest barium or aluminium sulphates supplier in Africa, comprising 50% of total exports. The second position in the ranking was taken by Morocco ($X), with a 14% share of total exports. It was followed by Namibia, with a 9.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa amounted to -6.1%. In the other countries, the average annual rates were as follows: Morocco (-4.3% per year) and Namibia (+3.9% per year).

Export Prices by Country

In 2022, the export price in Africa amounted to $X per ton, growing by 30% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 Namibia ($X per ton), while Congo ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Namibia (+7.0%), while the other leaders experienced more modest paces of growth.

Imports of Sulphates Of Barium Or Aluminium

Imports in Africa

In 2022, barium or aluminium sulphates imports in Africa rose remarkably to X tons, surging by 15% compared with the previous year's figure. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 15%. The volume of import peaked in 2022 and is likely to see steady growth in the immediate term.

In value terms, barium or aluminium sulphates imports surged to $X in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Ghana (X tons), followed by South Africa (X tons), Cote d'Ivoire (X tons), Cameroon (X tons), Angola (X tons), Zimbabwe (X tons), Senegal (X tons), Morocco (X tons) and Nigeria (X tons) were the key importers of sulphates of barium or aluminium, together creating 66% of total imports. The following importers - Uganda (X tons), Democratic Republic of the Congo (X tons), Mali (X tons) and Algeria (X tons) - together made up 14% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Morocco (with a CAGR of +23.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest barium or aluminium sulphates importing markets in Africa were Ghana ($X), Zimbabwe ($X) and South Africa ($X), together accounting for 31% of total imports. Angola, Morocco, Senegal, Cameroon, Cote d'Ivoire, Uganda, Nigeria, Democratic Republic of the Congo, Algeria and Mali lagged somewhat behind, together accounting for a further 46%.

Morocco, with a CAGR of +13.4%, saw the highest rates of growth with regard to the value of imports, among 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 2022, the import price in Africa amounted to $X per ton, rising by 3.1% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the import price increased by 8.5% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 Zimbabwe ($X per ton), while Mali ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Democratic Republic of the Congo (+3.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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