Africa: Market for Table, Kitchen Or Household Articles Of Cast Iron 2024

Market Size for Table, Kitchen Or Household Articles Of Cast Iron in Africa

The African cast iron household articles market rose rapidly to $X in 2022, surging by X% against the previous year. Over the period under review, consumption recorded a relatively flat trend pattern. The level of consumption peaked in 2022 and is expected to retain growth in the immediate term.

Production of Table, Kitchen Or Household Articles Of Cast Iron in Africa

In value terms, cast iron household articles production fell modestly to $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Exports of Table, Kitchen Or Household Articles Of Cast Iron

Exports in Africa

In 2022, exports of table, kitchen or household articles of cast iron in Africa skyrocketed to X tons, jumping by X% compared with the year before. Over the period under review, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, cast iron household articles exports soared to $X in 2022. In general, exports, however, continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2021 when exports increased by X%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

South Africa (X tons) and Nigeria (X tons) were the main exporters of table, kitchen or household articles of cast iron in 2022, finishing at near X% and X% of total exports, respectively. Kenya (X tons) ranks next in terms of the total exports with a X% share, followed by Rwanda (X%), Egypt (X%), Uganda (X%) and Senegal (X%).

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Senegal (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

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

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

Export Prices by Country

The export price in Africa stood at $X per ton in 2022, waning by X% against the previous year. Overall, the export price saw a pronounced curtailment. The pace of growth appeared the most rapid in 2017 when the export price increased by X%. Over the period under review, the export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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 ($X per ton), while Senegal ($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.

Imports of Table, Kitchen Or Household Articles Of Cast Iron

Imports in Africa

In 2022, overseas purchases of table, kitchen or household articles of cast iron increased by X% to X tons, rising for the fifth consecutive year after five years of decline. Over the period under review, imports posted a temperate expansion. The most prominent rate of growth was recorded in 2020 with an increase of X%. The volume of import peaked in 2022 and is expected to retain growth in years to come.

In value terms, cast iron household articles imports soared to $X in 2022. Total imports 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, imports increased by X% against 2017 indices. The pace of growth was the most pronounced in 2021 when imports increased by X%. The level of import peaked in 2022 and is likely to see gradual growth in the immediate term.

Imports by Country

Democratic Republic of the Congo represented the key importing country with an import of around X tons, which finished at X% of total imports. Nigeria (X tons) ranks second in terms of the total imports with a X% share, followed by Burkina Faso (X%) and South Africa (X%). The following importers - Cote d'Ivoire (X tons), Senegal (X tons) and Togo (X tons) - together made up X% of total imports.

Democratic Republic of the Congo was also the fastest-growing in terms of the table, kitchen or household articles of cast iron imports, with a CAGR of X% from 2012 to 2022. At the same time, Senegal (X%), Togo (X%), Burkina Faso (X%) and Cote d'Ivoire (X%) displayed positive paces of growth. By contrast, South Africa (X%) and Nigeria (X%) illustrated a downward trend over the same period. While the share of Democratic Republic of the Congo (X p.p.), Burkina Faso (X p.p.), Senegal (X p.p.) and Togo (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of South Africa (X p.p.) and Nigeria (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest cast iron household articles importing markets in Africa were South Africa ($X), Democratic Republic of the Congo ($X) and Nigeria ($X), together comprising X% of total imports.

Democratic Republic of the Congo, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among 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, remaining relatively unchanged against the previous year. Overall, the import price, however, recorded a pronounced slump. The growth pace was the most rapid in 2014 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the import prices remained at a somewhat lower figure.

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 South Africa ($X per ton), while Senegal ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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