| Product Code: ETC5524925 | Publication Date: Nov 2023 | Updated Date: Dec 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Zambia saw a significant increase in liquid nitrogen import shipments, with top exporters being South Africa, Tanzania, Zimbabwe, USA, and China. The market exhibited high concentration levels with a very high Herfindahl-Hirschman Index (HHI) in 2024. Despite the impressive compound annual growth rate (CAGR) of 43.9% from 2020 to 2024, there was a slight decline in growth rate from 2023 to 2024 at -10.1%. This data suggests a dynamic market environment with strong competition among key exporting countries, influencing the import trends in Zambia.

The Liquid Nitrogen market in Zambia is projected to grow at a high growth rate of 10.84% by 2027, within the Africa region led by Egypt, along with other countries like South Africa, Ethiopia, Algeria and Nigeria, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Zambia Liquid Nitrogen Market Overview |
3.1 Zambia Country Macro Economic Indicators |
3.2 Zambia Liquid Nitrogen Market Revenues & Volume, 2021 & 2031F |
3.3 Zambia Liquid Nitrogen Market - Industry Life Cycle |
3.4 Zambia Liquid Nitrogen Market - Porter's Five Forces |
3.5 Zambia Liquid Nitrogen Market Revenues & Volume Share, By End-Use Industry, 2021 & 2031F |
3.6 Zambia Liquid Nitrogen Market Revenues & Volume Share, By Storage, Distribution and Transportation, 2021 & 2031F |
3.7 Zambia Liquid Nitrogen Market Revenues & Volume Share, By Function, 2021 & 2031F |
3.8 Zambia Liquid Nitrogen Market Revenues & Volume Share, By Manufacturing Process, 2021 & 2031F |
4 Zambia Liquid Nitrogen Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand from healthcare sector for cryotherapy and medical refrigeration purposes |
4.2.2 Growth in food processing industry leading to higher demand for liquid nitrogen for freezing and packaging |
4.2.3 Expansion of electronics manufacturing sector driving demand for liquid nitrogen for cooling purposes |
4.3 Market Restraints |
4.3.1 High initial investment required for setting up liquid nitrogen production and storage facilities |
4.3.2 Lack of awareness about the benefits and applications of liquid nitrogen in various industries |
5 Zambia Liquid Nitrogen Market Trends |
6 Zambia Liquid Nitrogen Market Segmentations |
6.1 Zambia Liquid Nitrogen Market, By End-Use Industry |
6.1.1 Overview and Analysis |
6.1.2 Zambia Liquid Nitrogen Market Revenues & Volume, By Chemicals & pharmaceuticals, 2021-2031F |
6.1.3 Zambia Liquid Nitrogen Market Revenues & Volume, By Food & beverage, 2021-2031F |
6.1.4 Zambia Liquid Nitrogen Market Revenues & Volume, By Healthcare, 2021-2031F |
6.1.5 Zambia Liquid Nitrogen Market Revenues & Volume, By Metal manufacturing & construction, 2021-2031F |
6.1.6 Zambia Liquid Nitrogen Market Revenues & Volume, By Rubber & Plastic, 2021-2031F |
6.1.7 Zambia Liquid Nitrogen Market Revenues & Volume, By Others, 2021-2031F |
6.2 Zambia Liquid Nitrogen Market, By Storage, Distribution and Transportation |
6.2.1 Overview and Analysis |
6.2.2 Zambia Liquid Nitrogen Market Revenues & Volume, By Cylinder & packaged distribution, 2021-2031F |
6.2.3 Zambia Liquid Nitrogen Market Revenues & Volume, By Merchant liquid distribution, 2021-2031F |
6.2.4 Zambia Liquid Nitrogen Market Revenues & Volume, By Tonnage distribution, 2021-2031F |
6.3 Zambia Liquid Nitrogen Market, By Function |
6.3.1 Overview and Analysis |
6.3.2 Zambia Liquid Nitrogen Market Revenues & Volume, By Coolant, 2021-2031F |
6.3.3 Zambia Liquid Nitrogen Market Revenues & Volume, By Refrigerant, 2021-2031F |
6.4 Zambia Liquid Nitrogen Market, By Manufacturing Process |
6.4.1 Overview and Analysis |
6.4.2 Zambia Liquid Nitrogen Market Revenues & Volume, By Cryogenic distillation, 2021-2031F |
6.4.3 Zambia Liquid Nitrogen Market Revenues & Volume, By Pressure swing adsorption, 2021-2031F |
7 Zambia Liquid Nitrogen Market Import-Export Trade Statistics |
7.1 Zambia Liquid Nitrogen Market Export to Major Countries |
7.2 Zambia Liquid Nitrogen Market Imports from Major Countries |
8 Zambia Liquid Nitrogen Market Key Performance Indicators |
8.1 Average selling price of liquid nitrogen in Zambia |
8.2 Number of healthcare facilities using liquid nitrogen for cryotherapy |
8.3 Percentage increase in liquid nitrogen usage in the food processing industry |
8.4 Number of new electronics manufacturing companies adopting liquid nitrogen cooling technology |
8.5 Level of government regulations supporting the use of liquid nitrogen in different sectors |
9 Zambia Liquid Nitrogen Market - Opportunity Assessment |
9.1 Zambia Liquid Nitrogen Market Opportunity Assessment, By End-Use Industry, 2021 & 2031F |
9.2 Zambia Liquid Nitrogen Market Opportunity Assessment, By Storage, Distribution and Transportation, 2021 & 2031F |
9.3 Zambia Liquid Nitrogen Market Opportunity Assessment, By Function, 2021 & 2031F |
9.4 Zambia Liquid Nitrogen Market Opportunity Assessment, By Manufacturing Process, 2021 & 2031F |
10 Zambia Liquid Nitrogen Market - Competitive Landscape |
10.1 Zambia Liquid Nitrogen Market Revenue Share, By Companies, 2024 |
10.2 Zambia Liquid Nitrogen Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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