Africa: Market for Cellulose and its Chemical Derivatives in Primary Forms 2024

Market Size for Cellulose and its Chemical Derivatives in Primary Forms in Africa

In 2023, after three years of growth, there was decline in the African market for cellulose and its chemical derivatives in primary forms, when its value decreased by X% to $X. The market value increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X, and then shrank modestly in the following year.

Production of Cellulose and its Chemical Derivatives in Primary Forms in Africa

In value terms, production of cellulose and its chemical derivatives in primary forms rose significantly to $X in 2023 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the production volume increased by X% against the previous year. Over the period under review, production of reached the peak level at $X in 2017; however, from 2018 to 2023, production stood at a somewhat lower figure.

Exports of Cellulose and its Chemical Derivatives in Primary Forms

Exports in Africa

In 2023, approx. X tons of cellulose and its chemical derivatives in primary forms were exported in Africa; dropping by X% against 2022. In general, exports, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. Over the period under review, the exports of hit record highs at X tons in 2018; however, from 2019 to 2023, the exports stood at a somewhat lower figure.

In value terms, exports of cellulose and its chemical derivatives in primary forms reduced to $X in 2023. Overall, exports, however, recorded a buoyant increase. The pace of growth appeared the most rapid in 2013 with an increase of X%. The level of export peaked at $X in 2022, and then fell in the following year.

Exports by Country

South Africa dominates forms structure, reaching X tons, which was near X% of total exports in 2023. Egypt (X tons), Kenya (X tons), Tunisia (X tons) and Swaziland (X tons) followed a long way behind the leaders.

Exports from South Africa increased at an average annual rate of X% from 2012 to 2023. At the same time, Egypt (X%), Kenya (X%), Swaziland (X%) and Tunisia (X%) displayed positive paces of growth. Moreover, Egypt emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2023. Egypt (X p.p.) and Kenya (X p.p.) significantly strengthened its position in terms of the total exports, while Tunisia saw its share reduced by X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest cellulose and its chemical derivatives in primary forms supplier in Africa, comprising X% of total exports. The second position in the ranking was held by Egypt ($X), with a X% share of total exports. It was followed by Kenya, with a X% share.

In South Africa, exports of cellulose and its chemical derivatives in primary forms increased at an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: Egypt (X% per year) and Kenya (X% per year).

Export Prices by Country

In 2023, the export price in Africa amounted to $X per ton, flattening at the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2022 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton, leveling off in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Swaziland ($X per ton), while Tunisia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by South Africa (X%), while the other leaders experienced more modest paces of growth.

Imports of Cellulose and its Chemical Derivatives in Primary Forms

Imports in Africa

In 2023, the amount of cellulose and its chemical derivatives in primary forms imported in Africa dropped to X tons, reducing by X% on the previous year's figure. The total import volume increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2022 with an increase of X% against the previous year. As a result, imports attained the peak of X tons, and then contracted in the following year.

In value terms, imports of cellulose and its chemical derivatives in primary forms reduced to $X in 2023. The total import value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2022 with an increase of X%. As a result, imports attained the peak of $X, and then shrank in the following year.

Imports by Country

South Africa (X tons) and Egypt (X tons) were the largest importers of cellulose and its chemical derivatives in primary forms in 2023, accounting for near X% and X% of total imports, respectively. Nigeria (X tons) held the next position in the ranking, followed by Zimbabwe (X tons), Algeria (X tons), Morocco (X tons) and Zambia (X tons). All these countries together held approx. X% share of total imports. The following importers - Tanzania (X tons), Kenya (X tons), Sudan (X tons), Tunisia (X tons) and Ghana (X tons) - together made up X% of total imports.

From 2012 to 2023, the biggest increases were recorded for Zambia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Egypt ($X), South Africa ($X) and Nigeria ($X) appeared to be the countries with the highest levels of imports in 2023, together comprising X% of total imports. Morocco, Algeria, Zimbabwe, Zambia, Tunisia, Kenya, Tanzania, Sudan and Ghana lagged somewhat behind, together accounting for a further X%.

Zambia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries 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 2023, declining by X% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2022 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Egypt ($X per ton), while Tanzania ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Morocco (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform