Africa: Aluminium Alloy Bar Market 2020

Aluminium Alloy Bar Market Size in Africa

The revenue of the aluminium alloy bar market in Africa amounted to $X in 2017, picking up by X% against the previous year. The aluminium alloy bar consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017, with an increase of X% against the previous year. Over the period under review, the aluminium alloy bar market reached its peak figure level of $X in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Aluminium Alloy Bar Production in Africa

In 2017, approx. X tons of aluminium alloy bars, rods, profiles and hollow profiles were produced in Africa; standing approx. at the previous year. The aluminium alloy bar production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013, when the output figure increased by X% y-o-y. The volume of aluminium alloy bar production peaked in 2017, and is expected to retain its growth in the near future.

Aluminium Alloy Bar Exports in Africa

In 2017, approx. X tons of aluminium alloy bars, rods, profiles and hollow profiles were exported in Africa; rising by X% against the previous year. The aluminium alloy bar exports continue to indicate a strong growth. The most prominent rate of growth was recorded in 2010, with an increase of X% year-to-year. The volume of exports peaked of X tons in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, aluminium alloy bar exports amounted to $X in 2017. The aluminium alloy bar exports continue to indicate a prominent increase. Over the period under review, the aluminium alloy bar exports attained its maximum level in 2017, and are expected to retain its growth in the near future.

Aluminium Alloy Bar Exports by Country in Africa

In 2017, Egypt (X tons) represented the largest exporter for aluminium alloy bars, rods, profiles and hollow profiles, creating X% of total exports. Morocco (X tons) ranks second in terms of the global exports with a X% share, followed by Tunisia (X%). The following exporters - South Africa (X tons) and Ghana (X tons) each reached a X% share of total exports.

Exports from Egypt increased at an average annual rate of +X% from 2007 to 2017. At the same time, Ghana (+X%), South Africa (+X%), Morocco (+X%) and Tunisia (+X%) displayed positive paces of growth. Moreover, Ghana emerged as the fastest growing exporter in Africa, with a CAGR of +X% from 2007-2017. From 2007 to 2017, the share of Ghana, South Africa, Morocco and Egypt decreased by -X%, -X%, -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Egypt ($X) remains the largest aluminium alloy bar supplier in Africa, making up X% of global exports. The second position in the ranking was occupied by Morocco ($X), with a X% share of global exports. It was followed by Tunisia, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in Egypt stood at +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Morocco (+X% per year) and Tunisia (-X% per year).

Aluminium Alloy Bar Export Prices by Country in Africa

The aluminium alloy bar export price in Africa stood at $X per ton in 2017, increasing by X% against the previous year. The aluminium alloy bar export price continues to indicate a slight downturn. The growth pace was the most rapid in 2017, when it surged by X% year-to-year. The level of export price peaked of $X per ton in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Average export prices varied somewhat amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in South Africa ($X per ton) and Morocco ($X per ton), while Egypt ($X per ton) and Ghana ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Egypt (-X% per year), while the other leaders experienced a decline in the export price figures.

Aluminium Alloy Bar Imports in Africa

In 2017, aluminium alloy bar imports in Africa stood at X tons, falling by -X% against the previous year. The total imports indicated a remarkable growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the aluminium alloy bar imports decreased by -X% against 2014 indices. The most prominent rate of growth was recorded in 2011, when it surged by X% year-to-year. Over the period under review, the aluminium alloy bar imports attained its maximum volume of X tons in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

In value terms, aluminium alloy bar imports totaled $X in 2017. The total imports indicated a remarkable increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the aluminium alloy bar imports decreased by -X% against 2014 indices. Over the period under review, the aluminium alloy bar imports attained its peak figure level of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Aluminium Alloy Bar Imports by Country in Africa

Nigeria (X tons) and South Africa (X tons) represented the major importers of aluminium alloy bars, rods, profiles and hollow profiles in 2017, finishing at near X% and X% of total imports, respectively. It was distantly followed by Ghana (X tons), Algeria (X tons), Morocco (X tons), Benin (X tons), Mauritius (X tons) and Tunisia (X tons), together constituting X% share of total imports. Ethiopia (X tons), Kenya (X tons), Tanzania (X tons) and Cameroon (X tons) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Tunisia (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Nigeria ($X), South Africa ($X) and Morocco ($X) constituted the countries with the highest levels of imports in 2017, with a combined X% share of total imports. Algeria, Tunisia, Ghana, Mauritius, Benin, Ethiopia, Cameroon, Kenya and Tanzania lagged somewhat behind, together comprising a further X%.

Tunisia (+X% per year) recorded the highest growth rate of imports, in terms of the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Aluminium Alloy Bar Import Prices by Country in Africa

The aluminium alloy bar import price in Africa stood at $X per ton in 2017, stabilizing at the previous year. The aluminium alloy bar import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, when the import prices increased by X% y-o-y. In that year, the import prices for aluminium alloy bars, rods, profiles and hollow profiles attained their peak level of $X per ton. From 2009 to 2017, growth of the import prices for aluminium alloy bars, rods, profiles and hollow profiles stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Morocco ($X per ton), while Ghana ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Morocco (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform