Africa: Market for Base Metal Automatic Door Closers 2024

Market Size for Base Metal Automatic Door Closers in Africa

After four years of growth, the African metal automatic door closer market decreased by X% to $X in 2023. The total consumption indicated a resilient increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the maximum level at $X in 2022, and then declined in the following year.

Production of Base Metal Automatic Door Closers in Africa

In value terms, metal automatic door closer production totaled $X in 2023 estimated in export price. In general, production, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of production peaked at $X in 2021; however, from 2022 to 2023, production remained at a lower figure.

Exports of Base Metal Automatic Door Closers

Exports in Africa

In 2023, metal automatic door closer exports in Africa skyrocketed to X tons, surging by X% on 2022 figures. Overall, exports posted prominent growth. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The volume of export peaked in 2023 and is expected to retain growth in the immediate term.

In value terms, metal automatic door closer exports declined notably to $X in 2023. Over the period under review, exports continue to indicate measured growth. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, the exports attained the peak of $X. From 2021 to 2023, the growth of the exports remained at a somewhat lower figure.

Exports by Country

In 2023, South Africa (X tons) was the major exporter of base metal automatic door closers, creating X% of total exports. It was distantly followed by Namibia (X tons), making up a X% share of total exports. Morocco (X tons), Tunisia (X tons) and Kenya (X tons) followed a long way behind the leaders.

From 2012 to 2023, average annual rates of growth with regard to metal automatic door closer exports from South Africa stood at X%. At the same time, Namibia (X%), Kenya (X%) and Morocco (X%) displayed positive paces of growth. Moreover, Namibia emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2023. By contrast, Tunisia (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of South Africa, Namibia and Morocco increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest metal automatic door closer supplier in Africa, comprising X% of total exports. The second position in the ranking was held by Morocco ($X), with a X% share of total exports. It was followed by Tunisia, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in South Africa 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).

Export Prices by Country

The export price in Africa stood at $X per ton in 2023, reducing by X% against the previous year. In general, the export price saw a perceptible contraction. The most prominent rate of growth was recorded in 2020 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2021 to 2023, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Morocco ($X per ton), while Namibia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Tunisia (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Base Metal Automatic Door Closers

Imports in Africa

After five years of growth, overseas purchases of base metal automatic door closers decreased by X% to X tons in 2023. Total imports indicated a strong increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2022, and then dropped significantly in the following year.

In value terms, metal automatic door closer imports declined to $X in 2023. The total import value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, imports attained the peak figure at $X in 2022, and then contracted in the following year.

Imports by Country

In 2023, Algeria (X tons), followed by Tanzania (X tons), South Africa (X tons), Egypt (X tons), Morocco (X tons) and Ghana (X tons) represented the main importers of base metal automatic door closers, together constituting X% of total imports. The following importers - Tunisia (X tons), Nigeria (X tons), Libya (X tons), Kenya (X tons) and Ethiopia (X tons) - together made up X% of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Algeria (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest metal automatic door closer importing markets in Africa were Egypt ($X), Algeria ($X) and South Africa ($X), with a combined X% share of total imports.

Algeria, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in Africa amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the import price, however, saw a pronounced curtailment. The growth pace was the most rapid in 2015 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 2016 to 2023, the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Egypt ($X per ton), while Tanzania ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Ethiopia (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform