Africa: Market for Base Metal Flexible Tubing, Iron Or Steel 2025

Market Size for Base Metal Flexible Tubing, Iron Or Steel in Africa

In 2021, after three years of decline, there was significant growth in the African base metal flexible tubing market, when its value increased by 7.1% to $X. The total consumption indicated slight growth from 2012 to 2021: its value increased at an average annual rate of +1.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -41.6% against 2017 indices. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market remained at a lower figure.

Production of Base Metal Flexible Tubing, Iron Or Steel in Africa

In value terms, base metal flexible tubing production rose remarkably to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 when the production volume increased by 22%. The level of production peaked at $X in 2017; however, from 2018 to 2021, production failed to regain momentum.

Exports of Base Metal Flexible Tubing, Iron Or Steel

Exports in Africa

In 2021, exports of base metal flexible tubing, iron or steel in Africa rose markedly to X tons, with an increase of 14% compared with the year before. In general, exports enjoyed a pronounced expansion. The pace of growth appeared the most rapid in 2016 with an increase of 54%. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, base metal flexible tubing exports surged to $X in 2021. Over the period under review, exports, however, recorded a mild downturn. The pace of growth was the most pronounced in 2017 with an increase of 26%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Tunisia prevails in exports structure, accounting for X tons, which was approx. 93% of total exports in 2021. South Africa (X tons) and Egypt (X tons) followed a long way behind the leaders.

Tunisia was also the fastest-growing in terms of the base metal flexible tubing, iron or steel exports, with a CAGR of +4.8% from 2012 to 2021. Egypt (-6.2%) and South Africa (-8.7%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Tunisia increased by +14 percentage points.

In value terms, Tunisia ($X) remains the largest base metal flexible tubing supplier in Africa, comprising 95% of total exports. The second position in the ranking was held by South Africa ($X), with a 1.7% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Tunisia stood at -1.3%. In the other countries, the average annual rates were as follows: South Africa (-8.4% per year) and Egypt (-11.9% per year).

Export Prices by Country

In 2021, the export price in Africa amounted to $X per ton, increasing by 3.5% against the previous year. Over the period under review, the export price, however, showed a noticeable reduction. The most prominent rate of growth was recorded in 2013 when the export price increased by 20%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Tunisia ($X per ton), while Egypt ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Africa (+0.3%), while the other leaders experienced a decline in the export price figures.

Imports of Base Metal Flexible Tubing, Iron Or Steel

Imports in Africa

In 2021, supplies from abroad of base metal flexible tubing, iron or steel decreased by -4.6% to X tons, falling for the fourth consecutive year after three years of growth. Over the period under review, imports recorded a drastic downturn. The pace of growth appeared the most rapid in 2017 with an increase of 127% against the previous year. As a result, imports attained the peak of X tons. From 2018 to 2021, the growth of imports remained at a lower figure.

In value terms, base metal flexible tubing imports reached $X in 2021. Overall, imports saw a deep slump. The pace of growth appeared the most rapid in 2017 with an increase of 206%. As a result, imports reached the peak of $X. From 2018 to 2021, the growth of imports remained at a lower figure.

Imports by Country

Morocco represented the largest importing country with an import of around X tons, which reached 33% of total imports. Egypt (X tons) held a 14% share (based on physical terms) of total imports, which put it in second place, followed by Libya (9.8%), Algeria (8.6%) and Nigeria (4.6%). Cote d'Ivoire (X tons), Mozambique (X tons), Ghana (X tons), Democratic Republic of the Congo (X tons), Senegal (X tons), Kenya (X tons) and Rwanda (X tons) took a minor share of total imports.

From 2012 to 2021, average annual rates of growth with regard to base metal flexible tubing imports into Morocco stood at +6.2%. At the same time, Mozambique (+25.1%), Cote d'Ivoire (+14.7%), Democratic Republic of the Congo (+12.9%), Senegal (+7.8%) and Rwanda (+1.7%) displayed positive paces of growth. Moreover, Mozambique emerged as the fastest-growing importer imported in Africa, with a CAGR of +25.1% from 2012-2021. Libya experienced a relatively flat trend pattern. By contrast, Ghana (-1.5%), Nigeria (-7.3%), Egypt (-7.6%), Kenya (-9.6%) and Algeria (-17.4%) illustrated a downward trend over the same period. Morocco (+21 p.p.), Libya (+3.3 p.p.), Cote d'Ivoire (+2.6 p.p.) and Mozambique (+2.5 p.p.) significantly strengthened its position in terms of the total imports, while Egypt and Algeria saw its share reduced by -3.2% and -20.4% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest base metal flexible tubing importing markets in Africa were Egypt ($X), Morocco ($X) and Algeria ($X), with a combined 52% share of total imports. These countries were followed by Libya, Nigeria, Cote d'Ivoire, Ghana, Mozambique, Democratic Republic of the Congo, Senegal, Rwanda and Kenya, which together accounted for a further 27%.

In terms of the main importing countries, Mozambique, with a CAGR of +20.8%, recorded 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 2021, rising by 6.7% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the import price increased by 35% against the previous year. As a result, import price reached the peak level of $X per ton. From 2018 to 2021, the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Nigeria ($X per ton), while Kenya ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Nigeria (+7.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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