Africa: Market for Tubes, Pipes And Hollow Profiles (Of Iron Or Steel) 2024

Market Size for Tubes, Pipes And Hollow Profiles (Of Iron Or Steel) in Africa

The African market for tubes, pipes and hollow profiles (of iron or steel) stood at $X in 2022, surging by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Tubes, Pipes And Hollow Profiles (Of Iron Or Steel) in Africa

In value terms, production of tubes, pipes and hollow profiles (of iron or steel) reached $X in 2022 estimated in export price. The total production indicated a prominent expansion 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, production decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2019 when the production volume increased by X% against the previous year. Over the period under review, production of hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Tubes, Pipes And Hollow Profiles (Of Iron Or Steel)

Exports in Africa

In 2022, shipments abroad of tubes, pipes and hollow profiles (of iron or steel) increased by X% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. The volume of export peaked at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of tubes, pipes and hollow profiles (of iron or steel) expanded rapidly to $X in 2022. In general, exports, however, recorded a mild descent. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, the exports of attained the maximum at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

South Africa was the major exporter of tubes, pipes and hollow profiles (of iron or steel) in Africa, with the volume of exports finishing at X tons, which was approx. X% of total exports in 2022. Tanzania (X tons) held the second position in the ranking, followed by Ghana (X tons), Tunisia (X tons) and Kenya (X tons). All these countries together took near X% share of total exports. Gabon (X tons), Senegal (X tons), Mozambique (X tons), Zambia (X tons), Mauritania (X tons), Uganda (X tons), Rwanda (X tons) and Cote d'Ivoire (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to iron or steel pipe and tube exports from South Africa stood at X%. At the same time, Rwanda (X%), Mauritania (X%), Zambia (X%), Gabon (X%), Tanzania (X%), Ghana (X%), Mozambique (X%), Senegal (X%) and Kenya (X%) displayed positive paces of growth. Moreover, Rwanda emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. By contrast, Cote d'Ivoire (X%), Tunisia (X%) and Uganda (X%) illustrated a downward trend over the same period. Tanzania (X p.p.), Ghana (X p.p.), Gabon (X p.p.), Zambia (X p.p.), Mauritania (X p.p.), Mozambique (X p.p.) and Rwanda (X p.p.) significantly strengthened its position in terms of the total exports, while Uganda, Tunisia and South Africa saw its share reduced by X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest iron or steel pipe and tube supplier in Africa, comprising X% of total exports. The second position in the ranking was taken by Tunisia ($X), with a X% share of total exports. It was followed by Tanzania, with a X% share.

In South Africa, exports of tubes, pipes and hollow profiles (of iron or steel) declined by an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Tunisia (X% per year) and Tanzania (X% per year).

Export Prices by Country

In 2022, the export price in Africa amounted to $X per ton, waning by X% against the previous year. Overall, the export price saw a mild shrinkage. The most prominent rate of growth was recorded in 2021 when the export price increased by X%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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 Mauritania ($X per ton), while Ghana ($X per ton) was amongst the lowest.

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

Imports of Tubes, Pipes And Hollow Profiles (Of Iron Or Steel)

Imports in Africa

After four years of decline, supplies from abroad of tubes, pipes and hollow profiles (of iron or steel) increased by X% to X tons in 2022. In general, imports showed a relatively flat trend pattern. Over the period under review, imports of reached the maximum at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of tubes, pipes and hollow profiles (of iron or steel) surged to $X in 2022. Overall, imports showed a relatively flat trend pattern. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Algeria (X tons) and Egypt (X tons) represented the key importers of tubes, pipes and hollow profiles (of iron or steel) in Africa, together generating X% of total imports. Mauritania (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Nigeria (X%), Niger (X%), South Africa (X%) and Morocco (X%). Ghana (X tons), Senegal (X tons), Gabon (X tons), Angola (X tons), Burkina Faso (X tons) and Cote d'Ivoire (X tons) took a relatively small share of total imports.

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

In value terms, Algeria ($X), Egypt ($X) and Nigeria ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Mauritania, Senegal, Morocco, South Africa, Ghana, Angola, Niger, Gabon, Cote d'Ivoire and Burkina Faso lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Mauritania, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, 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, increasing by X% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of X%. Over the period under review, import prices attained the maximum in 2022 and is likely to see steady growth in the near future.

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 Angola ($X per ton), while Burkina Faso ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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