Africa: Metal Letter Clip Market 2024

Metal Letter Clip Market Size in Africa

The African metal letter clip market fell notably to $X in 2022, with a decrease of X% against the previous year. In general, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market failed to regain momentum.

Metal Letter Clip Production in Africa

In value terms, metal letter clip production contracted to $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of X%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

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Metal Letter Clip Exports

Exports in Africa

In 2022, overseas shipments of letter clips, letter corners of base metal increased by X% to X tons, rising for the second consecutive year after two years of decline. In general, exports, however, continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, metal letter clip exports surged to $X in 2022. Over the period under review, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

South Africa was the main exporting country with an export of about X tons, which amounted to X% of total exports. Sierra Leone (X tons) ranks second in terms of the total exports with an X% share, followed by Uganda (X%), Tunisia (X%) and Cote d'Ivoire (X%). The following exporters - Zambia (X tons) and Rwanda (X tons) - together made up X% of total exports.

From 2012 to 2022, average annual rates of growth with regard to metal letter clip exports from South Africa stood at X%. At the same time, Cote d'Ivoire (X%), Zambia (X%), Tunisia (X%), Uganda (X%) and Sierra Leone (X%) displayed positive paces of growth. Moreover, Cote d'Ivoire emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. By contrast, Rwanda (X%) illustrated a downward trend over the same period. While the share of Uganda (X p.p.), Sierra Leone (X p.p.), Tunisia (X p.p.), Cote d'Ivoire (X p.p.), Zambia (X p.p.) and Rwanda (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of South Africa (X p.p.) displayed negative dynamics.

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

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Tunisia (X% per year) and Uganda (X% per year).

Export Prices by Country

The export price in Africa stood at $X per ton in 2022, picking up by X% against the previous year. Overall, the export price enjoyed significant growth. As a result, the export price attained 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 2022, amid the top suppliers, the country with the highest price was Tunisia ($X per ton), while Rwanda ($X per ton) 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 mixed trends in the export price figures.

Metal Letter Clip Imports

Imports in Africa

In 2022, approx. X tons of letter clips, letter corners of base metal were imported in Africa; increasing by X% against 2021 figures. Total imports indicated tangible growth from 2012 to 2022: its volume 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, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of X%. The volume of import peaked at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, metal letter clip imports fell modestly to $X in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by X%. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

South Africa (X tons) and Nigeria (X tons) represented roughly X% of total imports in 2022. Ethiopia (X tons) took an X% share (based on physical terms) of total imports, which put it in second place, followed by Kenya (X%). Morocco (X tons), Tunisia (X tons), Angola (X tons), Tanzania (X tons), Djibouti (X tons), Democratic Republic of the Congo (X tons), Senegal (X tons), Cote d'Ivoire (X tons) and Cameroon (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Democratic Republic of the Congo (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest metal letter clip importing markets in Africa were South Africa ($X), Morocco ($X) and Ethiopia ($X), with a combined X% share of total imports. Tunisia, Kenya, Djibouti, Nigeria, Angola, Cameroon, Tanzania, Senegal, Democratic Republic of the Congo and Cote d'Ivoire lagged somewhat behind, together accounting for a further X%.

Democratic Republic of the Congo, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of 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 ton in 2022, dropping by X% against the previous year. Overall, the import price showed a pronounced decline. The pace of growth was the most pronounced in 2020 when the import price increased by X%. Over the period under review, import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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