Africa: Stainless Steel Self-Tapping Screw Market 2020

Stainless Steel Self-Tapping Screw Market Size in Africa

The revenue of the stainless steel self-tapping screw market in Africa amounted to $X in 2017, coming up by X% against the previous year. The stainless steel self-tapping screw consumption continues to indicate a remarkable expansion. The growth pace was the most rapid in 2016, with an increase of X% y-o-y. Over the period under review, the stainless steel self-tapping screw market reached its peak figure level in 2017, and is expected to retain its growth in the near future.

Stainless Steel Self-Tapping Screw Production in Africa

In 2017, approx. X tons of stainless steel self-tapping screws were produced in Africa; falling by -X% against the previous year. The stainless steel self-tapping screw production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016, with an increase of X% year-to-year. Over the period under review, the stainless steel self-tapping screw production reached its peak figure volume of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Stainless Steel Self-Tapping Screw Exports in Africa

The exports stood at X tons in 2017, increasing by X% against the previous year. The stainless steel self-tapping screw exports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2010, when exports increased by X% against the previous year. The volume of exports peaked of X tons in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

In value terms, stainless steel self-tapping screw exports amounted to $X in 2017. The stainless steel self-tapping screw exports continue to indicate a strong growth. In that year, the stainless steel self-tapping screw exports attained their peak level, and are likely to continue its growth in the immediate term.

Stainless Steel Self-Tapping Screw Exports by Country in Africa

South Africa represented the largest exporter of stainless steel self-tapping screws in Africa, with the volume of exports finishing at X tons, which was near X% of total exports in 2017. It was distantly followed by Kenya (X tons), generating X% share of total exports.

South Africa was also the fastest growing in terms of the stainless steel self-tapping screws exports, with a CAGR of +X% from 2007 to 2017. At the same time, Kenya (+X%) displayed positive paces of growth. Kenya (-X%) and South Africa (-X%) significantly weakened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest stainless steel self-tapping screw supplier in Africa, making up X% of global exports. The second position in the ranking was occupied by Kenya ($X), with a X% share of global exports.

From 2007 to 2017, the average annual rate of growth in terms of value in South Africa amounted to +X%.

Stainless Steel Self-Tapping Screw Export Prices by Country in Africa

In 2017, the stainless steel self-tapping screw export price in Africa amounted to $X per ton, picking up by X% against the previous year. The export price indicated a perceptible expansion from 2007 to 2017: its price 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 stainless steel self-tapping screw export price increased by +X% against 2011 indices. The pace of growth was the most pronounced in 2016, when it surged by X% y-o-y. Over the period under review, the export prices for stainless steel self-tapping screws attained its maximum level in 2017, and is expected to retain its growth in the immediate term.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was South Africa ($X per ton), while Kenya ($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 South Africa (+X% per year).

Stainless Steel Self-Tapping Screw Imports in Africa

In 2017, imports of stainless steel self-tapping screws in Africa amounted to X tons, growing by X% against the previous year. The stainless steel self-tapping screw imports continue to indicate a prominent increase. The pace of growth was the most pronounced in 2008, when it surged by X% against the previous year. The volume of imports peaked in 2017, and are likely to continue its growth in the immediate term.

In value terms, stainless steel self-tapping screw imports amounted to $X in 2017. The total imports indicated a prominent growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The level of imports peaked in 2017, and are likely to continue its growth in the immediate term.

Stainless Steel Self-Tapping Screw Imports by Country in Africa

In 2017, South Africa (X tons) represented the main importer for stainless steel self-tapping screws, committing X% of total imports. It was distantly followed by Algeria (X tons), Ghana (X tons), Morocco (X tons), Nigeria (X tons), Egypt (X tons) and Kenya (X tons), together making up X% share of total imports. Tunisia (X tons), Sudan (X tons), Angola (X tons), Benin (X tons) and Libya (X tons) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to stainless steel self-tapping screw imports into South Africa stood at +X%. At the same time, Ghana (+X%), Algeria (+X%), Kenya (+X%), Sudan (+X%), Nigeria (+X%), Angola (+X%), Benin (+X%), Tunisia (+X%), Libya (+X%) and Morocco (+X%) displayed positive paces of growth. Moreover, Ghana emerged as the fastest growing importer in Africa, with a CAGR of +X% from 2007-2017. By contrast, Egypt (-X%) illustrated a downward trend over the same period. While the share of Egypt (X%) increased significantly in terms of the global imports from 2007-2017, the share of Benin (-X%), Tunisia (-X%), Morocco (-X%), Angola (-X%), Sudan (-X%), Nigeria (-X%), Kenya (-X%), Ghana (-X%), Algeria (-X%) and South Africa (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported stainless steel self-tapping screws in Africa, making up X% of global imports. The second position in the ranking was occupied by Algeria ($X), with a X% share of global imports. It was followed by Tunisia, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in South Africa totaled +X%. In the other countries, the average annual rates were as follows: Algeria (+X% per year) and Tunisia (+X% per year).

Stainless Steel Self-Tapping Screw Import Prices by Country in Africa

The stainless steel self-tapping screw import price in Africa stood at $X per ton in 2017, declining by -X% against the previous year. The stainless steel self-tapping screw import price continues to indicate a moderate decline. The pace of growth was the most pronounced in 2009, when the import prices increased by X% year-to-year. In that year, the import prices for stainless steel self-tapping screws attained their peak level of $X per ton. From 2010 to 2017, growth of the import prices for stainless steel self-tapping screws failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Tunisia ($X per ton), while Ghana ($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 Libya (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform