Africa: Metal Advertising Sign Market 2024

Metal Advertising Sign Market Size in Africa

The African metal advertising sign market totaled $X in 2020, almost unchanged from the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2020; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2017 when the market value increased by X%. The level of consumption peaked in 2020 and is expected to retain growth in the near future.

Metal Advertising Sign Production in Africa

In value terms, metal advertising sign production reduced to $X in 2020 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2020; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2014 when the production volume increased by X%. The level of production peaked at $X in 2019, and then reduced in the following year.

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Metal Advertising Sign Exports

Exports in Africa

In 2020, overseas shipments of metal advertising signs decreased by X% to X tons for the first time since 2017, thus ending a two-year rising trend. In general, exports recorded a abrupt decrease. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2020, the exports stood at a somewhat lower figure.

In value terms, metal advertising sign exports shrank dramatically to $X in 2020. Over the period under review, exports showed a deep slump. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2020, the exports stood at a somewhat lower figure.

Exports by Country

South Africa prevails in exports structure, accounting for X tons, which was approx. X% of total exports in 2020. Kenya (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Namibia (X%). Uganda (X tons) took a relatively small share of total exports.

From 2012 to 2020, average annual rates of growth with regard to metal advertising sign exports from South Africa stood at X%. At the same time, Uganda (X%), Namibia (X%) and Kenya (X%) displayed positive paces of growth. Moreover, Uganda emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2020. From 2012 to 2020, the share of Namibia, Kenya and Uganda increased by X, X and X percentage points, respectively.

In value terms, South Africa ($X) remains the largest metal advertising sign supplier in Africa, comprising X% of total exports. The second position in the ranking was taken by Kenya ($X), with a X% share of total exports. It was followed by Namibia, with a X% share.

From 2012 to 2020, 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: Kenya (X% per year) and Namibia (X% per year).

Export Prices by Country

In 2020, the export price in Africa amounted to $X per ton, which is down by X% against the previous year. In general, the export price continues to indicate a pronounced decrease. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2020, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2020, amid the top suppliers, the country with the highest price was Kenya ($X per ton), while Uganda ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Kenya (X%), while the other leaders experienced a decline in the export price figures.

Metal Advertising Sign Imports

Imports in Africa

In 2020, overseas purchases of metal advertising signs increased by X% to X tons, rising for the second consecutive year after three years of decline. In general, imports, however, showed a pronounced decrease. The pace of growth appeared the most rapid in 2015 when imports increased by X%. As a result, imports reached the peak of X tons. From 2016 to 2020, the growth of imports failed to regain momentum.

In value terms, metal advertising sign imports rose sharply to $X in 2020. Overall, imports, however, saw a relatively flat trend pattern. The level of import peaked at $X in 2012; however, from 2013 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Ghana (X tons), distantly followed by Ethiopia (X tons), Botswana (X tons), South Africa (X tons), Algeria (X tons) and Tanzania (X tons) were the largest importers of metal advertising signs, together constituting X% of total imports. The following importers - Namibia (X tons), Libya (X tons), Cote d'Ivoire (X tons), Mozambique (X tons), Uganda (X tons), Nigeria (X tons) and Kenya (X tons) - together made up X% of total imports.

Ghana was also the fastest-growing in terms of the metal advertising signs imports, with a CAGR of X% from 2012 to 2020. At the same time, Ethiopia (X%), Cote d'Ivoire (X%), Libya (X%), Uganda (X%) and Algeria (X%) displayed positive paces of growth. By contrast, Nigeria (X%), Mozambique (X%), Botswana (X%), South Africa (X%), Kenya (X%), Namibia (X%) and Tanzania (X%) illustrated a downward trend over the same period. Ghana (X p.p.), Ethiopia (X p.p.), Libya (X p.p.), Algeria (X p.p.), Cote d'Ivoire (X p.p.) and Uganda (X p.p.) significantly strengthened its position in terms of the total imports, while South Africa, Namibia and Tanzania saw its share reduced by X%, X% and X% from 2012 to 2020, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Ethiopia ($X), Algeria ($X) and Ghana ($X) appeared to be the countries with the highest levels of imports in 2020, together comprising X% of total imports.

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

Import Prices by Country

The import price in Africa stood at $X per ton in 2020, with an increase of X% against the previous year. Over the period from 2012 to 2020, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Libya ($X per ton), while Ghana ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Tanzania (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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