Africa: Titanium Dioxide Pigments Market 2024

Titanium Dioxide Pigments Market Size in Africa

In 2021, the African titanium dioxide pigments market increased by 6.2% to $X, rising for the fifth consecutive year after two years of decline. The market value increased at an average annual rate of +4.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked in 2021 and is expected to retain growth in the near future.

Titanium Dioxide Pigments Production in Africa

In value terms, titanium dioxide pigments production fell modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.8% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when the production volume increased by 16%. The level of production peaked at $X in 2020, and then declined modestly in the following year.

Titanium Dioxide Pigments Exports

Exports in Africa

In 2021, the amount of titanium dioxide pigments and colouring preparations exported in Africa rose slightly to X tons, surging by 4.6% compared with 2020 figures. Over the period under review, exports, however, saw a perceptible shrinkage. The pace of growth was the most pronounced in 2014 with an increase of 21% against the previous year. The volume of export peaked at X tons in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, titanium dioxide pigments exports skyrocketed to $X in 2021. Overall, exports, however, saw a abrupt contraction. The most prominent rate of growth was recorded in 2014 when exports increased by 19% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

South Africa represented the major exporting country with an export of around X tons, which amounted to 48% of total exports. Tunisia (X tons) ranks second in terms of the total exports with a 28% share, followed by Morocco (6.5%). Kenya (X tons), Sierra Leone (X tons), Egypt (X tons) and Swaziland (X tons) took a relatively small share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Morocco (with a CAGR of +31.6%), while the other leaders experienced more modest paces of growth.

In value terms, the largest titanium dioxide pigments supplying countries in Africa were South Africa ($X), Tunisia ($X) and Morocco ($X), with a combined 81% share of total exports.

Among the main exporting countries, Morocco, with a CAGR of +24.4%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in Africa amounted to $X per ton, picking up by 11% against the previous year. Over the period under review, the export price, however, showed a slight setback. The pace of growth appeared the most rapid in 2018 when the export price increased by 19% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2021, major exporting countries recorded the following prices: in Egypt ($X per ton) and Sierra Leone ($X per ton), while Morocco ($X per ton) and Tunisia ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sierra Leone (+1.7%), while the other leaders experienced more modest paces of growth.

Titanium Dioxide Pigments Imports

Imports in Africa

In 2021, approx. X tons of titanium dioxide pigments and colouring preparations were imported in Africa; surging by 7.6% against the year before. The total import volume increased at an average annual rate of +5.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 with an increase of 20% against the previous year. Over the period under review, imports attained the maximum in 2021 and are likely to see gradual growth in the near future.

In value terms, titanium dioxide pigments imports skyrocketed to $X in 2021. Total imports indicated perceptible growth from 2012 to 2021: its value increased at an average annual rate of +4.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Egypt (X tons), distantly followed by South Africa (X tons), Morocco (X tons), Nigeria (X tons), Kenya (X tons) and Algeria (X tons) represented the major importers of titanium dioxide pigments and colouring preparations, together making up 76% of total imports. The following importers - Cote d'Ivoire (X tons), Tanzania (X tons), Tunisia (X tons), Ghana (X tons), Ethiopia (X tons) and Uganda (X tons) - together made up 14% 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 Ethiopia (with a CAGR of +14.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Egypt ($X), South Africa ($X) and Morocco ($X) were the countries with the highest levels of imports in 2021, with a combined 57% share of total imports. Algeria, Kenya, Nigeria, Cote d'Ivoire, Tunisia, Tanzania, Ghana, Ethiopia and Uganda lagged somewhat behind, together comprising a further 33%.

Ethiopia, with a CAGR of +18.9%, 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

The import price in Africa stood at $X per ton in 2021, with an increase of 20% against the previous year. In general, the import price, however, recorded a slight descent. The most prominent rate of growth was recorded in 2017 an increase of 26%. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ethiopia (+3.9%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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