Tunisia: Prepared Baking Powder Market 2024

Prepared Baking Powder Market Size in Tunisia

After four years of growth, the Tunisian prepared baking powder market decreased by -37.8% to $X in 2022. Overall, consumption, however, showed a notable expansion. Over the period under review, the market attained the peak level at $X in 2021, and then reduced rapidly in the following year.

Prepared Baking Powder Production in Tunisia

In value terms, prepared baking powder production dropped to $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the production volume increased by 41%. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Prepared Baking Powder Exports

Exports from Tunisia

In 2022, overseas shipments of prepared baking powders increased by 538% to X tons, rising for the second year in a row after two years of decline. Over the period under review, exports showed strong growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, prepared baking powder exports skyrocketed to $X in 2022. Overall, exports recorded buoyant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Libya (X tons) was the main destination for prepared baking powder exports from Tunisia, with a 37% share of total exports. Moreover, prepared baking powder exports to Libya exceeded the volume sent to the second major destination, Congo (X tons), twofold. Burkina Faso (X tons) ranked third in terms of total exports with a 13% share.

From 2012 to 2022, the average annual growth rate of volume to Libya stood at +8.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Congo (+40.0% per year) and Burkina Faso (+33.1% per year).

In value terms, Libya ($X) remains the key foreign market for prepared baking powders exports from Tunisia, comprising 48% of total exports. The second position in the ranking was held by Morocco ($X), with an 8.5% share of total exports. It was followed by Congo, with a 5.7% share.

From 2012 to 2022, the average annual growth rate of value to Libya totaled +10.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Morocco (+68.0% per year) and Congo (+28.5% per year).

Export Prices by Country

The average prepared baking powder export price stood at $X per ton in 2022, rising by 29% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Morocco ($X per ton), while the average price for exports to Congo ($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 Senegal (+8.6%), while the prices for the other major destinations experienced more modest paces of growth.

Prepared Baking Powder Imports

Imports into Tunisia

Prepared baking powder imports into Tunisia fell to X tons in 2022, declining by -3.7% compared with the previous year's figure. In general, imports recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 1,348%. Over the period under review, imports attained the maximum at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, prepared baking powder imports declined to $X in 2022. Over the period under review, imports saw a abrupt slump. The pace of growth appeared the most rapid in 2021 with an increase of 859%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Germany (X tons) was the main supplier of prepared baking powder to Tunisia, accounting for a 94% share of total imports. Moreover, prepared baking powder imports from Germany exceeded the figures recorded by the second-largest supplier, Egypt (X kg), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany stood at +19.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (-28.3% per year) and the Netherlands (0.0% per year).

In value terms, Germany ($X) constituted the largest supplier of prepared baking powders to Tunisia, comprising 95% of total imports. The second position in the ranking was held by Egypt ($X), with a 4.3% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Germany amounted to +40.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (-28.7% per year) and the Netherlands (0.0% per year).

Import Prices by Country

The average prepared baking powder import price stood at $X per ton in 2022, shrinking by -11.3% against the previous year. Overall, the import price saw a perceptible shrinkage. The growth pace was the most rapid in 2015 an increase of 29%. Over the period under review, average import prices reached the maximum at $X per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Egypt ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+17.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform