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Friday, March 6, 2009

CHEMICAL MARKET IN AFRICA

The chemical market in Africa is primarily targeted at meeting local needs rather than being export-orientated. Nevertheless, the import and export of chemicals are on upward. This trend is expected to continue given the increasing demand for chemicals by Africa’s growing economies.

There is growing Demand for Fertilizers and Agro chemicals in WEST and South African Markets. Also Other General Chemicals like STPP & SHMP are regualry imported in this Region.

In the Last decade, Pharmaceutical raw materials imports are in up swing especially, in South African region, where there several manufacturing companies came up.

China and India are utilizing this growth opportunities in this region and increasing the Trade volumes.


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