Africa: Vinyl Chloride Market 2024

Vinyl Chloride Market Size in Africa

The African vinyl chloride market skyrocketed to $X in 2022, jumping by X% against the previous year. The total consumption indicated temperate growth from 2012 to 2022: its value 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, consumption increased by X% against 2019 indices. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Vinyl Chloride Production in Africa

In value terms, vinyl chloride production reached $X in 2022 estimated in export price. Overall, production, however, saw a slight contraction. The pace of growth was the most pronounced in 2014 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Vinyl Chloride Exports

Exports in Africa

In 2022, exports of vinyl chloride (chloroethylene) in Africa declined sharply to X tons, falling by X% compared with the previous year's figure. In general, exports recorded a abrupt shrinkage. The growth pace was the most rapid in 2019 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, vinyl chloride exports shrank to $X in 2022. Over the period under review, exports faced a abrupt descent. The growth pace was the most rapid in 2019 when exports increased by X% against the previous year. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Uganda (X tons) was the largest exporter of vinyl chloride (chloroethylene), making up X% of total exports. Egypt (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by South Africa (X%).

Uganda was also the fastest-growing in terms of the vinyl chloride (chloroethylene) exports, with a CAGR of X% from 2012 to 2022. South Africa (X%) and Egypt (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Uganda increased by X percentage points.

In value terms, Uganda ($X), South Africa ($X) and Egypt ($X) were the countries with the highest levels of exports in 2022.

Uganda, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2022, the export price in Africa amounted to $X per ton, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 when the export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was South Africa ($X per ton), while Uganda ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%), while the other leaders experienced mixed trends in the export price figures.

Vinyl Chloride Imports

Imports in Africa

After two years of growth, overseas purchases of vinyl chloride (chloroethylene) decreased by X% to X tons in 2022. Over the period under review, imports recorded a slight descent. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, vinyl chloride imports fell markedly to $X in 2022. Overall, imports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Kenya dominates imports structure, reaching X tons, which was near X% of total imports in 2022. Uganda (X tons) ranks second in terms of the total imports with an X% share, followed by Zambia (X%). The following importers - Ethiopia (X tons), Egypt (X tons), Mozambique (X tons) and Mauritius (X tons) - together made up X% of total imports.

Kenya was also the fastest-growing in terms of the vinyl chloride (chloroethylene) imports, with a CAGR of X% from 2012 to 2022. At the same time, Uganda (X%), Mozambique (X%), Zambia (X%) and Mauritius (X%) displayed positive paces of growth. By contrast, Ethiopia (X%) and Egypt (X%) illustrated a downward trend over the same period. Kenya (X p.p.), Uganda (X p.p.) and Zambia (X p.p.) significantly strengthened its position in terms of the total imports, while Egypt saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kenya ($X) constitutes the largest market for imported vinyl chloride (chloroethylene) in Africa, comprising X% of total imports. The second position in the ranking was held by Uganda ($X), with a X% share of total imports. It was followed by Zambia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Kenya amounted to X%. In the other countries, the average annual rates were as follows: Uganda (X% per year) and Zambia (X% per year).

Import Prices by Country

In 2022, the import price in Africa amounted to $X per ton, waning by X% against the previous year. Overall, the import price showed a perceptible curtailment. The growth pace was the most rapid in 2019 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2020 to 2022, the import prices remained at a 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 Mauritius ($X per ton), while Kenya ($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 (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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