Africa: Ferro-Titanium And Ferro-Silico-Titanium Market 2024

Ferro-Titanium And Ferro-Silico-Titanium Market Size in Africa

The African ferro-titanium and ferro-silico-titanium market declined slightly to $X in 2022, approximately equating the previous year. The total consumption indicated modest growth 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, consumption increased by X% against 2020 indices. As a result, consumption attained the peak level of $X, and then shrank slightly in the following year.

Ferro-Titanium And Ferro-Silico-Titanium Production in Africa

In value terms, ferro-titanium and ferro-silico-titanium production totaled $X in 2022 estimated in export price. Overall, production, however, continues to indicate a abrupt setback. The pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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Ferro-Titanium And Ferro-Silico-Titanium Exports

Exports in Africa

In 2022, approx. X tons of ferro-titanium and ferro-silico-titanium were exported in Africa; falling by X% on the previous year's figure. Overall, exports showed a deep downturn. The pace of growth was the most pronounced in 2019 with an increase of X%. The volume of export peaked at X tons in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, ferro-titanium and ferro-silico-titanium exports shrank remarkably to $X in 2022. In general, exports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

South Africa dominates exports structure, amounting to X tons, which was approx. X% of total exports in 2022. It was distantly followed by Swaziland (X kg), making up a X% share of total exports.

Exports from South Africa decreased at an average annual rate of X% from 2012 to 2022. At the same time, Swaziland (X%) displayed positive paces of growth. Moreover, Swaziland emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. Swaziland (X p.p.) significantly strengthened its position in terms of the total exports, while South Africa saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, South Africa ($X) remains the largest ferro-titanium and ferro-silico-titanium supplier in Africa, comprising X% of total exports. The second position in the ranking was held by Swaziland ($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 amounted to X%.

Export Prices by Country

The export price in Africa stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, the export price saw a prominent expansion. The pace of growth was the most pronounced in 2013 when the export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2014 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 Swaziland ($X per ton), while South Africa stood at $X per ton.

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

Ferro-Titanium And Ferro-Silico-Titanium Imports

Imports in Africa

In 2022, the amount of ferro-titanium and ferro-silico-titanium imported in Africa reduced to X tons, waning by X% compared with the year before. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of X tons, and then dropped in the following year.

In value terms, ferro-titanium and ferro-silico-titanium imports amounted to $X in 2022. In general, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by X%. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

South Africa prevails in imports structure, accounting for X tons, which was near X% of total imports in 2022. It was distantly followed by Botswana (X tons) and Kenya (X tons), together constituting an X% share of total imports. Egypt (X tons) held a little share of total imports.

South Africa experienced a relatively flat trend pattern with regard to volume of imports of ferro-titanium and ferro-silico-titanium. At the same time, Kenya (X%) displayed positive paces of growth. Moreover, Kenya emerged as the fastest-growing importer imported in Africa, with a CAGR of X% from 2012-2022. Botswana experienced a relatively flat trend pattern. By contrast, Egypt (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Botswana and Kenya increased by X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported ferro-titanium and ferro-silico-titanium in Africa, comprising X% of total imports. The second position in the ranking was held by Egypt ($X), with a X% share of total imports. It was followed by Kenya, with a X% share.

In South Africa, ferro-titanium and ferro-silico-titanium imports remained relatively stable over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Egypt (X% per year) and Kenya (X% per year).

Import Prices by Country

In 2022, the import price in Africa amounted to $X per ton, growing by X% against the previous year. Overall, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the import price increased by X%. Over the period under review, import prices hit record highs in 2022 and is expected to retain growth in years to come.

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 Egypt ($X per ton), while Botswana ($X per ton) 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