Africa: Cast Metal Articles Market 2020

Cast Metal Articles Market Size in Africa

The revenue of the cast metal articles market in Africa amounted to $X in 2017, picking up by X% against the previous year. The cast metal articles consumption continues to indicate a slight shrinkage. The pace of growth appeared the most rapid in 2010, when market value increased by X% y-o-y. The level of cast metal articles consumption peaked of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Cast Metal Articles Production in Africa

In 2017, cast metal articles production in Africa amounted to X tons, remaining stable against the previous year. The cast metal articles production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016, when the output figure increased by X% against the previous year. The volume of cast metal articles production peaked in 2017, and is expected to retain its growth in the near future.

Cast Metal Articles Exports in Africa

In 2017, approx. X tons of cast articles of iron or steel were exported in Africa; picking up by X% against the previous year. The total exports indicated a strong increase 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 cast metal articles exports increased by +X% against 2010 indices. The most prominent rate of growth was recorded in 2016, when exports increased by X% against the previous year. Over the period under review, the cast metal articles exports reached its peak figure volume in 2017, and are likely to continue its growth in the near future.

In value terms, cast metal articles exports totaled $X in 2017. The total export value increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. In that year, the cast metal articles exports attained their peak level, and are likely to continue its growth in the immediate term.

Cast Metal Articles Exports by Country in Africa

South Africa prevails in cast metal articles exports structure, recording X tons, which was near X% of total exports in 2017. Egypt (X tons) held the second position in the ranking, followed by Tunisia (X tons) and Namibia (X tons). All these countries together took near X% share of total exports. Morocco (X tons) and Botswana (X tons) took the minor share of total exports.

Exports from South Africa increased at an average annual rate of +X% from 2007 to 2017. At the same time, Namibia (+X%) and Morocco (+X%) displayed positive paces of growth. Moreover, Namibia emerged as the fastest growing exporter in Africa, with a CAGR of +X% from 2007-2017. Botswana experienced a relatively flat trend pattern. By contrast, Tunisia (-X%) and Egypt (-X%) illustrated a downward trend over the same period. Egypt (X%) and Tunisia (X%) significantly strengthened its position in terms of the global exports, while Morocco, Namibia and South Africa saw its share reduced by -X%, -X% and -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest cast metal articles supplier in Africa, making up X% of global exports. The second position in the ranking was occupied by Namibia ($X), with a X% share of global exports. It was followed by Egypt, with a X% share.

From 2007 to 2017, the average annual growth rate of value in South Africa amounted to +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Namibia (+X% per year) and Egypt (-X% per year).

Cast Metal Articles Export Prices by Country in Africa

The cast metal articles export price in Africa stood at $X per ton in 2017, increasing by X% against the previous year. The cast metal articles export price continues to indicate a measured curtailment. The growth pace was the most rapid in 2010, when the export prices increased by X% y-o-y. The level of export price peaked of $X per ton in 2007; however, from 2008 to 2017, it failed to regain its momentum.

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

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

Cast Metal Articles Imports in Africa

In 2017, cast metal articles imports in Africa totaled X tons, approximately reflecting the previous year. The total import volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations over the period under review. The growth pace was the most rapid in 2012, when it surged by X% y-o-y. Over the period under review, the cast metal articles imports attained its peak figure volume of X tons in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

In value terms, cast metal articles imports totaled $X in 2017. The total import value increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained relatively stable, with only minor fluctuations being recorded over the period under review. Over the period under review, the cast metal articles imports attained its maximum level of $X in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Cast Metal Articles Imports by Country in Africa

South Africa was the largest importer of cast articles of iron or steel in Africa, with the volume of imports resulting at X tons, which was approx. X% of total imports in 2017. Zambia (X tons) took the second position in the ranking, followed by Ghana (X tons), Algeria (X tons), Mozambique (X tons) and Nigeria (X tons). All these countries together held approx. X% share of total imports. The following importers - Morocco (X tons), Egypt (X tons), Botswana (X tons), Kenya (X tons), Cote d'Ivoire (X tons) and Zimbabwe (X tons) together made up X% of total imports.

Imports into South Africa decreased at an average annual rate of -X% from 2007 to 2017. At the same time, Zambia (+X%), Ghana (+X%), Mozambique (+X%), Cote d'Ivoire (+X%), Botswana (+X%), Kenya (+X%), Nigeria (+X%), Algeria (+X%) and Egypt (+X%) displayed positive paces of growth. Moreover, Zambia emerged as the fastest growing importer in Africa, with a CAGR of +X% from 2007-2017. Morocco experienced a relatively flat trend pattern. By contrast, Zimbabwe (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of South Africa and Zimbabwe increased by X% and X% percentage points, while Algeria (-X%), Mozambique (-X%), Ghana (-X%) and Zambia (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest cast metal articles markets worldwide were South Africa ($X), Zambia ($X) and Algeria ($X), together accounting for X% of total imports.

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

Cast Metal Articles Import Prices by Country in Africa

The cast metal articles import price in Africa stood at $X per ton in 2017, increasing by X% against the previous year. The cast metal articles import price continues to indicate a mild expansion. The pace of growth was the most pronounced in 2008, when it surged by X% y-o-y. The level of import price peaked of $X per ton in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

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