Africa: Metal Bath Market 2024

Metal Bath Market Size in Africa

The African metal bath market expanded remarkably to $X in 2022, surging by X% against the previous year. Overall, consumption, however, recorded a abrupt decline. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Metal Bath Production in Africa

In value terms, metal bath production rose to $X in 2022 estimated in export price. Overall, production, however, showed a abrupt decrease. The pace of growth appeared the most rapid in 2016 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Metal Bath Exports

Exports in Africa

In 2022, overseas shipments of baths of iron or steel increased by X% to X units, rising for the second year in a row after two years of decline. Over the period under review, exports, however, saw a abrupt decline. The pace of growth was the most pronounced in 2018 when exports increased by X%. Over the period under review, the exports hit record highs at X units in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, metal bath exports surged to $X in 2022. In general, exports, however, saw a noticeable decline. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

South Africa dominates exports structure, amounting to X units, which was near X% of total exports in 2022. It was distantly followed by Rwanda (X units), mixing up a X% share of total exports. The following exporters - Kenya (X units), Morocco (X units) and Egypt (X units) - each amounted to an X% share of total exports.

Exports from South Africa increased at an average annual rate of X% from 2012 to 2022. At the same time, Kenya (X%) displayed positive paces of growth. Moreover, Kenya emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. By contrast, Egypt (X%), Rwanda (X%) and Morocco (X%) illustrated a downward trend over the same period. While the share of South Africa (X p.p.), Rwanda (X p.p.) and Kenya (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Morocco (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa stood at X%. In the other countries, the average annual rates were as follows: Morocco (X% per year) and Egypt (X% per year).

Export Prices by Country

In 2022, the export price in Africa amounted to $X per unit, surging by X% against the previous year. Export price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, metal bath export price decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2020 when the export price increased by X%. As a result, the export price reached the peak level of $X per unit. From 2021 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Rwanda (X%), while the other leaders experienced more modest paces of growth.

Metal Bath Imports

Imports in Africa

In 2022, overseas purchases of baths of iron or steel increased by X% to X units for the first time since 2018, thus ending a three-year declining trend. In general, imports, however, showed a drastic downturn. Over the period under review, imports hit record highs at X units in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, metal bath imports soared to $X in 2022. Overall, imports, however, recorded a abrupt downturn. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Ethiopia (X units), distantly followed by Algeria (X units), Nigeria (X units), Mozambique (X units), Democratic Republic of the Congo (X units) and Tanzania (X units) were the main importers of baths of iron or steel, together making up X% of total imports. The following importers - Niger (X units), Angola (X units), South Africa (X units), Rwanda (X units), Botswana (X units), Zambia (X units) and Kenya (X units) - together made up X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Niger (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest metal bath importing markets in Africa were Ethiopia ($X), Algeria ($X) and Nigeria ($X), with a combined X% share of total imports. South Africa, Botswana, Tanzania, Mozambique, Kenya, Rwanda, Zambia, Democratic Republic of the Congo, Angola and Niger lagged somewhat behind, together accounting for a further X%.

Niger, with a CAGR of X%, saw the highest growth rate of the value of imports, among 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

The import price in Africa stood at $X per unit in 2022, declining by X% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2017 to 2022, the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Kenya ($X per unit), while Niger ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Zambia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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