Africa - Aluminium Reservoirs, Tanks And Vats - Market Analysis, Forecast, Size, Trends And Insights

Africa: Aluminium Reservoirs Market Overview 2019

Aluminium Reservoirs Market Size in Africa

The revenue of the aluminium reservoirs market in Africa amounted to $X in 2018, coming down by -X% against the previous year. Overall, aluminium reservoirs consumption continues to indicate a temperate setback. The pace of growth appeared the most rapid in 2016, when the market value increased by X% year-to-year. Over the period under review, the aluminium reservoirs market attained its peak figure level at $X in 2008; however, from 2009 to 2018, consumption failed to regain its momentum.

Aluminium Reservoirs Production in Africa

In value terms, aluminium reservoirs production amounted to $X in 2018 estimated in export prices. Overall, aluminium reservoirs production continues to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2013, with an increase of X% year-to-year. The level of aluminium reservoirs production peaked in 2018, and is likely to continue its growth in the near future.

Aluminium Reservoirs Exports

Exports in Africa

The exports totaled X tonnes in 2018, growing by X% against the previous year. Over the period under review, aluminium reservoirs exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014, with an increase of X% y-o-y. Over the period under review, aluminium reservoirs exports reached their peak figure in 2018, and are expected to retain its growth in the near future.

In value terms, aluminium reservoirs exports totaled $X in 2018. Overall, aluminium reservoirs exports continue to indicate an abrupt drop. The pace of growth was the most pronounced in 2012, when exports increased by X% y-o-y. Over the period under review, aluminium reservoirs exports reached their peak figure at $X in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

Exports by Country

Guinea dominates aluminium reservoirs exports structure, reaching X tonnes, which was near X% of total exports in 2018. It was distantly followed by Kenya (X tonnes), achieving X% share of total exports. South Africa (X tonnes) followed a long way behind the leaders.

Guinea was also the fastest growing in terms of the aluminium reservoirs, tanks and vats exports, with a CAGR of +X% from 2007 to 2018. At the same time, Kenya (+X%) displayed positive paces of growth. By contrast, South Africa (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of South Africa increased by X% percentage points, while Kenya (-X%) and Guinea (-X%) saw their share reduced.

In value terms, South Africa ($X) remains the largest aluminium reservoirs supplier in Africa, comprising X% of total aluminium reservoirs exports. The second position in the ranking was occupied by Kenya ($X), with a X% share of total exports.

From 2007 to 2018, the average annual rate of growth in terms of value in South Africa amounted to -X%. The remaining exporting countries recorded the following average annual rates of exports growth: Kenya (-X% per year) and Guinea (-X% per year).

Export Prices by Country

In 2018, the aluminium reservoirs export price in Africa amounted to $X per tonne, dropping by -X% against the previous year. Over the period under review, the aluminium reservoirs export price continues to indicate a deep deduction. The pace of growth appeared the most rapid in 2012, when the export price increased by X% year-to-year. Over the period under review, the export prices for aluminium reservoirs, tanks and vats reached their maximum at $X per tonne in 2008; however, from 2009 to 2018, export prices remained at a lower figure.

Export prices varied noticeably by the country of origin; the country with the highest export price was South Africa ($X per tonne), while Guinea ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of export prices was attained by South Africa, while the other leaders experienced a decline in the export price figures.

Aluminium Reservoirs Imports

Imports in Africa

In 2018, the amount of aluminium reservoirs, tanks and vats imported in Africa amounted to X tonnes, surging by X% against the previous year. Overall, aluminium reservoirs imports, however, continue to indicate a moderate downturn. The most prominent rate of growth was recorded in 2018, with an increase of X% year-to-year. Over the period under review, aluminium reservoirs imports reached their maximum at X tonnes in 2008; however, from 2009 to 2018, imports failed to regain their momentum.

In value terms, aluminium reservoirs imports amounted to $X in 2018. In general, aluminium reservoirs imports, however, continue to indicate a noticeable slump. The most prominent rate of growth was recorded in 2018, when imports increased by X% year-to-year. The level of imports peaked at $X in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

Imports by Country

Ghana (X tonnes) and Morocco (X tonnes) were the major importers of aluminium reservoirs, tanks and vats in 2018, reaching approx. X% and X% of total imports, respectively. Senegal (X tonnes) ranks next in terms of the total imports with a X% share, followed by Gambia (X%) and South Africa (X%). Botswana (X tonnes), Mayotte (X tonnes), Niger (X tonnes), Tunisia (X tonnes), Algeria (X tonnes), Rwanda (X tonnes) and Namibia (X tonnes) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Gambia (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest aluminium reservoirs importing markets worldwide were Morocco ($X), Ghana ($X) and Senegal ($X), with a combined X% share of total imports. South Africa, Gambia, Tunisia, Mayotte, Botswana, Niger, Algeria, Rwanda and Namibia lagged somewhat behind, together accounting for a further X terms of the main importing countries, Gambia (+X% per year) recorded the highest rates of growth with regard to imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the aluminium reservoirs import price in Africa amounted to $X per tonne, rising by X% against the previous year. In general, the aluminium reservoirs import price, however, continues to indicate a mild reduction. The growth pace was the most rapid in 2015, when the import price increased by X% against the previous year. Over the period under review, the import prices for aluminium reservoirs, tanks and vats reached their maximum at $X per tonne in 2010; however, from 2011 to 2018, import prices stood at a somewhat lower figure.

There were significant differences in the average import prices amongst the major importing countries. In 2018, the country with the highest import price was Tunisia ($X per tonne), while Niger ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of import prices was attained by South Africa, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform