Africa: Unsaturated Monohydric Alcohols Market 2024

Unsaturated Monohydric Alcohols Market Size in Africa

The African unsaturated monohydric alcohols market declined modestly to $X in 2022, with a decrease of X% against the previous year. Overall, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Unsaturated Monohydric Alcohols Production in Africa

In value terms, unsaturated monohydric alcohols production reduced modestly to $X in 2022 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. The level of production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Unsaturated Monohydric Alcohols Exports

Exports in Africa

For the sixth consecutive year, Africa recorded growth in shipments abroad of unsaturated monohydric alcohols, which increased by X% to X tons in 2022. Overall, exports posted a resilient expansion. The growth pace was the most rapid in 2014 with an increase of X%. The volume of export peaked at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, unsaturated monohydric alcohols exports soared to $X in 2022. Over the period under review, exports recorded a notable increase. The growth pace was the most rapid in 2019 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Madagascar (X tons) was the major exporter of unsaturated monohydric alcohols in Africa, achieving X% of total export.

Madagascar was also the fastest-growing in terms of the unsaturated monohydric alcohols exports, with a CAGR of X% from 2012 to 2022. From 2012 to 2022, the share of Madagascar increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Madagascar ($X) also remains the largest unsaturated monohydric alcohols supplier in Africa.

In Madagascar, unsaturated monohydric alcohols exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Africa amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the export price, however, recorded a deep contraction. The pace of growth appeared the most rapid in 2019 when the export price increased by X%. Over the period under review, the export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Madagascar.

From 2012 to 2022, the rate of growth in terms of prices for Madagascar amounted to X% per year.

Unsaturated Monohydric Alcohols Imports

Imports in Africa

In 2022, supplies from abroad of unsaturated monohydric alcohols increased by X% to X tons, rising for the second consecutive year after two years of decline. Overall, imports posted tangible growth. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, unsaturated monohydric alcohols imports stood at $X in 2022. The total import value increased at an average annual rate of X% 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 2018 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Egypt (X tons), Benin (X tons), South Africa (X tons) and Mauritania (X tons) represented roughly X% of total imports in 2022. Malawi (X tons) took the next position in the ranking, followed by Tunisia (X tons) and Nigeria (X tons). All these countries together took near X% share 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 Malawi (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest unsaturated monohydric alcohols importing markets in Africa were Egypt ($X), South Africa ($X) and Tunisia ($X), together comprising X% of total imports. Benin, Mauritania, Nigeria and Malawi lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Malawi, with a CAGR of X%, saw the highest growth rate of 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

The import price in Africa stood at $X per ton in 2022, surging by X% against the previous year. Import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, unsaturated monohydric alcohols import price increased by X% against 2019 indices. The growth pace was the most rapid in 2017 an increase of X% against the previous year. Over the period under review, import prices attained the maximum at $X per ton in 2014; however, from 2015 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 South Africa ($X per ton), while Malawi ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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