Tunisia: Market for Prepared Additives For Cements, Mortars Or Concretes 2024

Market Size for Prepared Additives For Cements, Mortars Or Concretes in Tunisia

In 2022, the Tunisian prepared additives for cements market decreased by -68.5% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption recorded a noticeable curtailment. Prepared additives for cements consumption peaked at $X in 2021, and then fell notably in the following year.

Exports of Prepared Additives For Cements, Mortars Or Concretes

Exports from Tunisia

Prepared additives for cements exports from Tunisia declined to X tons in 2022, shrinking by -7.1% compared with the year before. Overall, exports continue to indicate a mild slump. The pace of growth appeared the most rapid in 2014 when exports increased by 385% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, prepared additives for cements exports skyrocketed to $X in 2022. Over the period under review, exports saw a pronounced curtailment. The pace of growth appeared the most rapid in 2016 with an increase of 622%. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Algeria (X tons), Madagascar (X tons) and Senegal (X tons) were the main destinations of prepared additives for cements exports from Tunisia, together accounting for 64% of total exports. Libya, Congo, France, Kuwait, Benin, Cote d'Ivoire, the United Arab Emirates and Italy lagged somewhat behind, together comprising a further 34%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of +469.1%), while the other leaders experienced more modest paces of growth.

In value terms, Algeria ($X) emerged as the key foreign market for prepared additives for cements, mortars or concretes exports from Tunisia, comprising 51% of total exports. The second position in the ranking was held by Madagascar ($X), with a 13% share of total exports. It was followed by Congo, with an 11% share.

From 2012 to 2022, the average annual growth rate of value to Algeria amounted to +60.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Madagascar (-20.8% per year) and Congo (+2.3% per year).

Export Prices by Country

In 2022, the average prepared additives for cements export price amounted to $X per ton, rising by 40% against the previous year. Over the period under review, the export price, however, saw a pronounced contraction. The pace of growth appeared the most rapid in 2016 an increase of 97% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Algeria ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Congo (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Prepared Additives For Cements, Mortars Or Concretes

Imports into Tunisia

In 2022, overseas purchases of prepared additives for cements, mortars or concretes decreased by -65.4% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, imports showed a pronounced decline. The most prominent rate of growth was recorded in 2020 when imports increased by 87%. Imports peaked at X tons in 2021, and then fell dramatically in the following year.

In value terms, prepared additives for cements imports dropped markedly to $X in 2022. Overall, imports continue to indicate a slight downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 86%. Over the period under review, imports attained the peak figure at $X in 2021, and then dropped dramatically in the following year.

Imports by Country

Spain (X tons), Italy (X tons) and Turkey (X tons) were the main suppliers of prepared additives for cements imports to Tunisia, with a combined 74% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +78.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), Italy ($X) and India ($X) constituted the largest prepared additives for cements suppliers to Tunisia, with a combined 71% share of total imports. South Korea, France, Turkey, Egypt, Germany and the United Arab Emirates lagged somewhat behind, together accounting for a further 20%.

Turkey, with a CAGR of +79.7%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average prepared additives for cements import price stood at $X per ton in 2022, growing by 2.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The growth pace was the most rapid in 2018 when the average import price increased by 12% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform