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Africa - Hot-Rolled Wire Rod In Coil Of Stainless Steel - Market Analysis, Forecast, Size, Trends And Insights
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Africa: Overview of the Market for Hot-Rolled Wire Rod In Coil Of Stainless Steel 2021

Market Size for Hot-Rolled Wire Rod In Coil Of Stainless Steel in Africa

In 2019, after two years of growth, there was significant decline in the African market for hot-rolled wire rod in coil of stainless steel, when its value decreased by -X% to $X. In general, consumption recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2009 with an increase of X% y-o-y. The level of consumption peaked at $X in 2010; however, from 2011 to 2019, consumption remained at a lower figure.

Production of Hot-Rolled Wire Rod In Coil Of Stainless Steel in Africa

In value terms, hot-rolled wire stainless steel rod production fell to $X in 2019 estimated in export prices. Overall, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when the production volume increased by X% year-to-year. As a result, production reached the peak level of $X. From 2012 to 2019, production growth failed to regain the momentum.

Production By Country in Africa

Kenya (X tonnes) constituted the country with the largest volume of hot-rolled wire stainless steel rod production, comprising approx. X% of total volume. Moreover, hot-rolled wire stainless steel rod production in Kenya exceeded the figures recorded by the second-largest producer, Mozambique (X tonnes), twofold. The third position in this ranking was occupied by Sudan (X tonnes), with a X% share.

In Kenya, hot-rolled wire stainless steel rod production expanded at an average annual rate of +X% over the period from 2007-2019. In the other countries, the average annual rates were as follows: Mozambique (+X% per year) and Sudan (+X% per year).

Exports of Hot-Rolled Wire Rod In Coil Of Stainless Steel

Exports in Africa

In 2019, overseas shipments of hot-rolled wire rod in coil of stainless steel decreased by -X% to X tonnes, falling for the second consecutive year after two years of growth. In general, exports showed a abrupt downturn. The most prominent rate of growth was recorded in 2008 when exports increased by X% y-o-y. As a result, exports attained the peak of X tonnes. From 2009 to 2019, the growth exports remained at a lower figure.

In value terms, hot-rolled wire stainless steel rod exports skyrocketed to $X in 2019. Overall, exports saw a deep slump. The most prominent rate of growth was recorded in 2008 when exports increased by X% against the previous year. As a result, exports reached the peak of $X. From 2009 to 2019, the growth exports remained at a lower figure.

Exports by Country

South Africa was the key exporting country with an export of about X tonnes, which recorded X% of total exports. Botswana (X tonnes) ranks second in terms of the total exports with a X% share, followed by Morocco (X%). Namibia (X tonnes) followed a long way behind the leaders.

Exports from South Africa decreased at an average annual rate of -X% from 2007 to 2019. At the same time, Botswana (+X%) displayed positive paces of growth. Moreover, Botswana emerged as the fastest-growing exporter exported in Africa, with a CAGR of +X% from 2007-2019. Morocco and Namibia experienced a relatively flat trend pattern. From 2007 to 2019, the share of Botswana, South Africa, Morocco and Namibia increased by +X%, +X%, +X% and +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest hot-rolled wire stainless steel rod supplier in Africa, comprising X% of total exports. The second position in the ranking was occupied by Botswana ($X), with a X% share of total exports. It was followed by Morocco, with a X% share.

In South Africa, hot-rolled wire stainless steel rod exports declined by an average annual rate of -X% over the period from 2007-2019. In the other countries, the average annual rates were as follows: Botswana (+X% per year) and Morocco (X% per year).

Export Prices by Country

The export price for hot-rolled wire rod in coil of stainless steel in Africa stood at $X per tonne in 2019, surging by X% against the previous year. Export price indicated a moderate increase from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2019, the country with the highest price was Namibia ($X per tonne), while Morocco ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Namibia, while the other leaders experienced more modest paces of growth.

Imports of Hot-Rolled Wire Rod In Coil Of Stainless Steel

Imports in Africa

In 2019, supplies from abroad of hot-rolled wire rod in coil of stainless steel decreased by -X% to X tonnes for the first time since 2016, thus ending a two-year rising trend. Overall, imports saw a noticeable downturn. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. As a result, imports reached the peak of X tonnes. From 2011 to 2019, the growth imports remained at a lower figure.

In value terms, hot-rolled wire stainless steel rod imports fell dramatically to $X in 2019. Over the period under review, imports saw a deep contraction. The pace of growth was the most pronounced in 2010 with an increase of X% y-o-y. As a result, imports attained the peak of $X. From 2011 to 2019, the growth imports remained at a somewhat lower figure.

Imports by Country

In 2019, South Africa (X tonnes) represented the main importer of hot-rolled wire rod in coil of stainless steel, achieving X% of total imports. Tanzania (X tonnes) ranks second in terms of the total imports with a X% share, followed by Namibia (X%). Botswana (X tonnes), Morocco (X tonnes), Uganda (X tonnes), Egypt (X tonnes), Democratic Republic of the Congo (X tonnes), Algeria (X tonnes), Seychelles (X tonnes), Burkina Faso (X tonnes), Ghana (X tonnes) and Swaziland (X tonnes) followed a long way behind the leaders.

Imports into South Africa decreased at an average annual rate of -X% from 2007 to 2019. At the same time, Burkina Faso (+X%), Tanzania (+X%), Morocco (+X%), Namibia (+X%), Ghana (+X%) and Uganda (+X%) displayed positive paces of growth. Moreover, Burkina Faso emerged as the fastest-growing importer imported in Africa, with a CAGR of +X% from 2007-2019. By contrast, Botswana (-X%), Swaziland (-X%), Egypt (-X%), Seychelles (-X%), Algeria (-X%) and Democratic Republic of the Congo (-X%) illustrated a downward trend over the same period. While the share of Tanzania (+X p.p.), Namibia (+X p.p.), Morocco (+X p.p.), Uganda (+X p.p.), Burkina Faso (+X p.p.) and Swaziland (+X p.p.) increased significantly in terms of the total imports from 2007-2019, the share of Algeria (-X p.p.), Democratic Republic of the Congo (-X p.p.) and South Africa (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported hot-rolled wire rod in coil of stainless steel in Africa, comprising X% of total imports. The second position in the ranking was occupied by Namibia ($X), with a X% share of total imports. It was followed by Algeria, with a X% share.

In South Africa, hot-rolled wire stainless steel rod imports plunged by an average annual rate of -X% over the period from 2007-2019. In the other countries, the average annual rates were as follows: Namibia (+X% per year) and Algeria (-X% per year).

Import Prices by Country

The import price for hot-rolled wire rod in coil of stainless steel in Africa stood at $X per tonne in 2019, jumping by X% against the previous year. Overall, the import price, however, recorded a noticeable decrease. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. The level of import peaked at $X per tonne in 2007; however, from 2008 to 2019, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was Algeria ($X per tonne), while Tanzania ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Namibia, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for hot-rolled wire rod in coil of stainless steel in Africa?
+
The countries with the highest volumes of hot-rolled wire stainless steel rod consumption in 2019 were South Africa (728 tonnes), Kenya (370 tonnes) and Tanzania (245 tonnes), together comprising 59% of total consumption.
What are the largest producers of hot-rolled wire rod in coil of stainless steel in Africa?
+
The country with the largest volume of hot-rolled wire stainless steel rod production was Kenya (370 tonnes), comprising approx. 54% of total volume. Moreover, hot-rolled wire stainless steel rod production in Kenya exceeded the figures recorded by the second-largest producer, Mozambique (148 tonnes), twofold. The third position in this ranking was occupied by Sudan (55 tonnes), with a 8% share.
What are the leading exporters of hot-rolled wire rod in coil of stainless steel in Africa?
+
In value terms, South Africa ($285K) remains the largest hot-rolled wire stainless steel rod supplier in Africa, comprising 64% of total exports. The second position in the ranking was occupied by Botswana ($103K), with a 23% share of total exports. It was followed by Morocco, with a 7% share.
What are the leading importers of hot-rolled wire rod in coil of stainless steel in Africa?
+
In value terms, South Africa ($2.9M) constitutes the largest market for imported hot-rolled wire rod in coil of stainless steel in Africa, comprising 67% of total imports. The second position in the ranking was occupied by Namibia ($367K), with a 8.5% share of total imports. It was followed by Algeria, with a 4.4% share.
What is the average export price for hot-rolled wire rod in coil of stainless steel in Africa?
+
In 2019, the export price for hot-rolled wire rod in coil of stainless steel in Africa amounted to $2,218 per tonne, rising by 49% against the previous year.
What is the average import price for hot-rolled wire rod in coil of stainless steel in Africa?
+
The import price for hot-rolled wire rod in coil of stainless steel in Africa stood at $2,381 per tonne in 2019, rising by 21% against the previous year.

Product coverage:
• Prodcom 24106300 - Hot-rolled wire rod in coil, of stainless steel

This report provides an in-depth analysis of the market for hot-rolled wire stainless steel rod in Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Benin
• Botswana
• Burkina Faso
• Burundi
• Cabo Verde
• Cameroon
• Central African Republic
• Chad
• Comoros
• Congo
• Cote d'Ivoire
• Democratic Republic of the Congo
• Djibouti
• Equatorial Guinea
• Eritrea
• Ethiopia
• Gabon
• Gambia
• Guinea
• Guinea-Bissau
• Lesotho
• Liberia
• Madagascar
• Malawi
• Mali
• Mauritania
• Mauritius
• Mayotte
• Mozambique
• Namibia
• Niger
• Réunion
• Rwanda
• Saint Helena, Ascension and Tristan da Cunha
• Sao Tome and Principe
• Senegal
• Seychelles
• Sierra Leone
• Somalia
• Swaziland
• Tanzania
• Togo
• Tunisia
• Uganda
• Western Sahara
• Zambia
• Zimbabwe

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Africa, split by region and country
• Trade (exports and imports) in Africa
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Algeria
• Angola
• Benin
• Botswana
• Burkina Faso
• Burundi
• Cabo Verde
• Cameroon
• Central African Republic
• Chad
• Comoros
• Congo
• Democratic Republic of the Congo
• Djibouti
• Egypt
• Equatorial Guinea
• Eritrea
• Ethiopia
• Gabon
• Gambia
• Ghana
• Guinea
• Guinea-Bissau
• Kenya
• Lesotho
• Liberia
• Libya
• Madagascar
• Malawi
• Mali
• Mauritania
• Mauritius
• Mayotte
• Morocco
• Mozambique
• Namibia
• Niger
• Nigeria
• Réunion
• Rwanda
• Saint Helena, Ascension and Tristan da Cunha
• Sao Tome and Principe
• Senegal
• Seychelles
• Sierra Leone
• Somalia
• South Africa
• Sudan
• Swaziland
• Tanzania
• Togo
• Tunisia
• Uganda
• Zambia
• Zimbabwe
• Cote d'Ivoire
• Western Sahara
• South Sudan
LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption, By Country, 2015–2019
Table 5:
Production, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Physical Terms, By Country, 2007–2019
Table 7:
Imports, In Value Terms, By Country, 2007–2019
Table 8:
Import Prices, By Country Of Destination, 2007–2019
Table 9:
Exports, In Physical Terms, By Country, 2007–2019
Table 10:
Exports, In Value Terms, By Country, 2007–2019
Table 11:
Export Prices, By Country Of Origin, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Consumption, By Country, 2019
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2019
Figure 17:
Production, In Value Terms, 2007–2019
Figure 18:
Production, By Country, 2019
Figure 19:
Production, In Physical Terms, By Country, 2007–2019
Figure 20:
Imports, In Physical Terms, 2007–2019
Figure 21:
Imports, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, By Country, 2019
Figure 23:
Imports, In Physical Terms, By Country, 2007–2019
Figure 24:
Imports, In Value Terms, By Country, 2007–2019
Figure 25:
Import Prices, By Country, 2007–2019
Figure 26:
Exports, In Physical Terms, 2007–2019
Figure 27:
Exports, In Value Terms, 2007–2019
Figure 28:
Exports, In Physical Terms, By Country, 2019
Figure 29:
Exports, In Physical Terms, By Country, 2007–2019
Figure 30:
Exports, In Value Terms, By Country, 2007–2019
Figure 31:
Export Prices, 2007–2019

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