Tunisia: Sodium Carbonate Market 2024

Sodium Carbonate Market Size in Tunisia

After two years of decline, the Tunisian sodium carbonate market increased by 2.2% to $X in 2022. Over the period under review, consumption, however, recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market remained at a lower figure.

Sodium Carbonate Production in Tunisia

In value terms, sodium carbonate production rose rapidly to $X in 2022 estimated in export price. Over the period under review, production posted a resilient increase. The pace of growth was the most pronounced in 2015 with an increase of 154%. Sodium carbonate production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Sodium Carbonate Exports

Exports from Tunisia

In 2022, after three years of decline, there was growth in overseas shipments of sodium carbonate, when their volume increased by 0.4% to X tons. Overall, exports, however, faced a abrupt contraction. The pace of growth was the most pronounced in 2013 when exports increased by 95% against the previous year. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, sodium carbonate exports shrank to $X in 2022. Over the period under review, exports, however, recorded a abrupt setback. The pace of growth was the most pronounced in 2013 when exports increased by 62% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Nigeria (X tons) was the main destination for sodium carbonate exports from Tunisia, accounting for a 65% share of total exports. Moreover, sodium carbonate exports to Nigeria exceeded the volume sent to the second major destination, Algeria (X tons), fourfold. The third position in this ranking was taken by Egypt (X tons), with a 14% share.

From 2012 to 2022, the average annual growth rate of volume to Nigeria amounted to +14.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Algeria (-15.5% per year) and Egypt (-14.6% per year).

In value terms, Nigeria ($X) remains the key foreign market for sodium carbonate exports from Tunisia, comprising 62% of total exports. The second position in the ranking was held by Algeria ($X), with a 19% share of total exports. It was followed by Egypt, with a 17% share.

From 2012 to 2022, the average annual growth rate of value to Nigeria amounted to +12.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Algeria (-15.6% per year) and Egypt (-12.9% per year).

Export Prices by Country

In 2022, the average sodium carbonate export price amounted to $X per ton, flattening at the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the average export price increased by 8%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Egypt ($X per ton), while the average price for exports to Morocco ($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 Egypt (+2.0%), while the prices for the other major destinations experienced mixed trend patterns.

Sodium Carbonate Imports

Imports into Tunisia

In 2022, the amount of sodium carbonate imported into Tunisia reduced to X tons, waning by -10.8% compared with the previous year's figure. In general, imports showed a deep downturn. The pace of growth appeared the most rapid in 2021 with an increase of 27%. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, sodium carbonate imports contracted to $X in 2022. Overall, imports showed a abrupt setback. The pace of growth was the most pronounced in 2021 with an increase of 20% against the previous year. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United States (X tons) constituted the largest sodium carbonate supplier to Tunisia, with a 69% share of total imports. Moreover, sodium carbonate imports from the United States exceeded the figures recorded by the second-largest supplier, Turkey (X tons), threefold. The third position in this ranking was held by Bulgaria (X tons), with a 4.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States stood at -10.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+20.5% per year) and Bulgaria (+29.7% per year).

In value terms, the largest sodium carbonate suppliers to Tunisia were the United States ($X), Turkey ($X) and Bulgaria ($X), together accounting for 95% of total imports.

Bulgaria, with a CAGR of +35.9%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average sodium carbonate import price stood at $X per ton in 2022, surging by 2.8% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 45% against the previous year. The import price peaked at $X per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform