Africa: Zinc Powder Market 2024

Zinc Powder Market Size in Africa

The African zinc powder market expanded slightly to $X in 2023, increasing by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2014 to 2023, the growth of the market remained at a somewhat lower figure.

Zinc Powder Production in Africa

In value terms, zinc powder production surged to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when the production volume increased by X%. Over the period under review, production hit record highs in 2023 and is expected to retain growth in years to come.

Zinc Powder Exports

Exports in Africa

In 2023, shipments abroad of zinc dust, powders and flakes (excluding zinc dust powders or flakes prepared as colours, paints or the like, zinc pellets) decreased by X% to X tons for the first time since 2020, thus ending a two-year rising trend. Over the period under review, exports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2022 with an increase of X%. The volume of export peaked at X tons in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

In value terms, zinc powder exports declined remarkably to $X in 2023. In general, exports recorded a abrupt decrease. The pace of growth was the most pronounced in 2022 when exports increased by X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Democratic Republic of the Congo represented the largest exporting country with an export of about X tons, which resulted at X% of total exports. South Africa (X tons) ranks second in terms of the total exports with a X% share, followed by Uganda (X%). Tanzania (X tons), Morocco (X tons), Nigeria (X tons) and Zambia (X tons) took a relatively small share of total exports.

From 2012 to 2023, average annual rates of growth with regard to zinc powder exports from Democratic Republic of the Congo stood at X%. At the same time, Zambia (X%), Uganda (X%), Morocco (X%) and Tanzania (X%) displayed positive paces of growth. Moreover, Zambia emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2023. By contrast, South Africa (X%) and Nigeria (X%) illustrated a downward trend over the same period. Democratic Republic of the Congo (X p.p.), Uganda (X p.p.), Morocco (X p.p.), Tanzania (X p.p.) and Zambia (X p.p.) significantly strengthened its position in terms of the total exports, while Nigeria 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, Democratic Republic of the Congo ($X) remains the largest zinc powder supplier in Africa, comprising X% of total exports. The second position in the ranking was taken by South Africa ($X), with an X% share of total exports. It was followed by Uganda, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in Democratic Republic of the Congo amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: South Africa (X% per year) and Uganda (X% per year).

Export Prices by Country

The export price in Africa stood at $X per ton in 2023, declining by X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of X%. The level of export peaked at $X per ton in 2018; however, from 2019 to 2023, the export prices remained at a lower figure.

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 South Africa ($X per ton), while Tanzania ($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 mixed trends in the export price figures.

Zinc Powder Imports

Imports in Africa

In 2023, purchases abroad of zinc dust, powders and flakes (excluding zinc dust powders or flakes prepared as colours, paints or the like, zinc pellets) increased by X% to X tons, rising for the third year in a row after three years of decline. In general, imports recorded a prominent expansion. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, imports attained the maximum in 2023 and are likely to continue growth in the near future.

In value terms, zinc powder imports soared to $X in 2023. Over the period under review, imports showed prominent growth. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. The level of import peaked in 2023 and is expected to retain growth in the immediate term.

Imports by Country

Zambia prevails in imports structure, finishing at X tons, which was approx. X% of total imports in 2023. Egypt (X tons) held a relatively small share of total imports.

Zambia was also the fastest-growing in terms of the zinc dust, powders and flakes (excluding zinc dust powders or flakes prepared as colours, paints or the like, zinc pellets) imports, with a CAGR of X% from 2012 to 2023. At the same time, Egypt (X%) displayed positive paces of growth. 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 2023, respectively.

In value terms, Zambia ($X) constitutes the largest market for imported zinc dust, powders and flakes (excluding zinc dust powders or flakes prepared as colours, paints or the like, zinc pellets) in Africa, comprising X% of total imports. The second position in the ranking was held by Egypt ($X), with a X% share of total imports.

In Zambia, zinc powder imports expanded at an average annual rate of X% over the period from 2012-2023.

Import Prices by Country

In 2023, the import price in Africa amounted to $X per ton, which is down by X% against the previous year. Over the period under review, the import price showed a pronounced contraction. The growth pace was the most rapid in 2017 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2018 to 2023, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Egypt ($X per ton), while Zambia totaled $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Egypt (X%).

Source: IndexBox Platform