Africa: Smoothing Iron Market 2024

Smoothing Iron Market Size in Africa

The African smoothing iron market fell modestly to $X in 2022, stabilizing at the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Smoothing Iron Production in Africa

In value terms, smoothing iron production contracted to $X in 2022 estimated in export price. The total production indicated a temperate expansion from 2012 to 2022: its value 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, production increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Smoothing Iron Exports

Exports in Africa

In 2022, shipments abroad of electric smoothing irons decreased by X% to X units, falling for the fifth year in a row after two years of growth. In general, exports, however, continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2014 with an increase of X%. Over the period under review, the exports attained the peak figure at X units in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, smoothing iron exports shrank remarkably to $X in 2022. Overall, exports continue to indicate a slight slump. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. The level of export peaked at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

South Africa prevails in exports structure, finishing at X units, which was near X% of total exports in 2022. It was distantly followed by Egypt (X units), committing a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to smoothing iron exports from South Africa stood at X%. At the same time, Egypt (X%) displayed positive paces of growth. Moreover, Egypt emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Egypt increased by X percentage points.

In value terms, South Africa ($X) remains the largest smoothing iron supplier in Africa, comprising X% of total exports. The second position in the ranking was held by Egypt ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa totaled X%.

Export Prices by Country

In 2022, the export price in Africa amounted to $X per unit, shrinking by X% against the previous year. Over the period under review, the export price saw a deep slump. The most prominent rate of growth was recorded in 2020 when the export price increased by X%. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Egypt ($X per unit), while South Africa stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (X%).

Smoothing Iron Imports

Imports in Africa

After two years of decline, purchases abroad of electric smoothing irons increased by X% to X units in 2022. Over the period under review, imports, however, continue to indicate a mild setback. The pace of growth appeared the most rapid in 2019 with an increase of X%. As a result, imports attained the peak of X units. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, smoothing iron imports dropped to $X in 2022. In general, imports, however, saw a perceptible decrease. The pace of growth appeared the most rapid in 2019 when imports increased by X%. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

South Africa was the main importing country with an import of around X units, which reached X% of total imports. Kenya (X units) ranks second in terms of the total imports with an X% share, followed by Ghana (X%). Libya (X units), Algeria (X units), Sudan (X units), Zimbabwe (X units) and Egypt (X units) followed a long way behind the leaders.

Imports into South Africa decreased at an average annual rate of X% from 2012 to 2022. At the same time, Sudan (X%), Ghana (X%), Zimbabwe (X%) and Kenya (X%) displayed positive paces of growth. Moreover, Sudan emerged as the fastest-growing importer imported in Africa, with a CAGR of X% from 2012-2022. By contrast, Algeria (X%), Libya (X%) and Egypt (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Ghana, Kenya and Sudan 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 ($X) constitutes the largest market for imported electric smoothing irons in Africa, comprising X% of total imports. The second position in the ranking was taken by Ghana ($X), with an X% share of total imports. It was followed by Kenya, with a X% share.

From 2012 to 2022, the average annual growth rate of value in South Africa amounted to X%. In the other countries, the average annual rates were as follows: Ghana (X% per year) and Kenya (X% per year).

Import Prices by Country

In 2022, the import price in Africa amounted to $X per unit, dropping by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of X%. Over the period under review, import prices attained the peak figure at $X per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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