Africa: Market for Reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment 2025

Market Size for Reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment in Africa

The African market for reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment dropped modestly to $X in 2022, shrinking by -2.2% against the previous year. Overall, consumption, however, recorded a strong expansion. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Production of Reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment in Africa

In value terms, production of reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment contracted to $X in 2022 estimated in export price. Overall, production, however, continues to indicate resilient growth. The growth pace was the most rapid in 2014 when the production volume increased by 59%. Over the period under review, production of reached the maximum level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment

Exports in Africa

In 2022, approx. X tons of reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment were exported in Africa; shrinking by -34.2% against the previous year. Over the period under review, exports saw a abrupt curtailment. The pace of growth appeared the most rapid in 2014 when exports increased by 340%. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment reduced to $X in 2022. Overall, exports recorded a drastic downturn. The most prominent rate of growth was recorded in 2017 when exports increased by 167% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Kenya represented the main exporting country with an export of about X tons, which resulted at 41% of total exports. South Africa (X tons) held the second position in the ranking, distantly followed by Swaziland (X tons) and Morocco (X tons). All these countries together held approx. 37% share of total exports. Namibia (X tons), Congo (X tons), Benin (X tons) and Burundi (X tons) followed a long way behind the leaders.

Exports from Kenya increased at an average annual rate of +2.7% from 2012 to 2022. At the same time, Burundi (+39.2%), Swaziland (+36.6%), Congo (+24.1%), Morocco (+18.7%), Namibia (+15.9%) and Benin (+13.4%) displayed positive paces of growth. Moreover, Burundi emerged as the fastest-growing exporter exported in Africa, with a CAGR of +39.2% from 2012-2022. By contrast, South Africa (-26.3%) illustrated a downward trend over the same period. While the share of Kenya (+35 p.p.), Swaziland (+11 p.p.), Morocco (+5.5 p.p.), Namibia (+4.1 p.p.), Congo (+3.8 p.p.), Benin (+3.4 p.p.) and Burundi (+3.3 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of South Africa (-60.8 p.p.) displayed negative dynamics.

In value terms, the largest reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment supplying countries in Africa were Morocco ($X), Kenya ($X) and Swaziland ($X), together comprising 67% of total exports. South Africa, Namibia, Benin, Burundi and Congo lagged somewhat behind, together accounting for a further 27%.

In terms of the main exporting countries, Burundi, with a CAGR of +41.8%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Africa amounted to $X per ton, increasing by 43% against the previous year. Over the period under review, the export price, however, recorded a noticeable descent. The pace of growth appeared the most rapid in 2015 when the export price increased by 133%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Morocco ($X per ton), while Congo ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Morocco (+14.5%), while the other leaders experienced more modest paces of growth.

Imports of Reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment

Imports in Africa

After two years of growth, overseas purchases of reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment decreased by -11.7% to X tons in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 42% against the previous year. Over the period under review, imports of reached the maximum at X tons in 2021, and then shrank in the following year.

In value terms, imports of reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment fell to $X in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 61% against the previous year. The level of import peaked at $X in 2021, and then declined modestly in the following year.

Imports by Country

In 2022, Nigeria (X tons), distantly followed by Libya (X tons), South Africa (X tons), Ghana (X tons), Sierra Leone (X tons), Tunisia (X tons), Algeria (X tons) and Mayotte (X tons) were the key importers of reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment, together achieving 65% of total imports. Cameroon (X tons), Rwanda (X tons), Botswana (X tons), Namibia (X tons) and Kenya (X tons) took a little share of total imports.

From 2012 to 2022, the biggest increases were recorded for Sierra Leone (with a CAGR of +63.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Nigeria ($X), South Africa ($X) and Algeria ($X) were the countries with the highest levels of imports in 2022, with a combined 45% share of total imports. Tunisia, Sierra Leone, Libya, Mayotte, Ghana, Rwanda, Kenya, Botswana, Namibia and Cameroon lagged somewhat behind, together accounting for a further 38%.

Sierra Leone, with a CAGR of +64.3%, saw the highest growth rate of 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

In 2022, the import price in Africa amounted to $X per ton, surging by 9.6% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the import price increased by 14%. The level of import peaked at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Botswana (+4.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :