Africa: Market for Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips 2024

Market Size for Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips in Africa

The African chain scoops and sliders market rose notably to $X in 2022, picking up by 6.1% against the previous year. The total consumption indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -1.0% against 2020 indices. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips in Africa

In value terms, chain scoops and sliders production rose notably to $X in 2022 estimated in export price. The total production indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +5.2% 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 -5.3% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 27% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Exports of Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips

Exports in Africa

In 2022, the amount of chain scoops, sliders, runners, end pieces and narrow strips exported in Africa skyrocketed to X tons, with an increase of 29% against 2021. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 67%. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, chain scoops and sliders exports soared to $X in 2022. In general, exports showed a mild expansion. The most prominent rate of growth was recorded in 2018 when exports increased by 56%. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in the near future.

Exports by Country

Swaziland (X tons) and Egypt (X tons) prevails in exports structure, together committing 87% of total exports. It was distantly followed by South Africa (X tons), generating a 6.1% share of total exports. Tunisia (X tons) and Rwanda (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Rwanda (with a CAGR of +150.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest chain scoops and sliders supplying countries in Africa were Egypt ($X), Swaziland ($X) and South Africa ($X), with a combined 94% share of total exports. Tunisia and Rwanda lagged somewhat behind, together comprising a further 4.6%.

Rwanda, with a CAGR of +64.4%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries 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, dropping by -8.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The most prominent rate of growth was recorded in 2021 an increase of 48%. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a 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 Tunisia ($X per ton), while Rwanda ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+1.8%), while the other leaders experienced mixed trends in the export price figures.

Imports of Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips

Imports in Africa

In 2022, supplies from abroad of chain scoops, sliders, runners, end pieces and narrow strips increased by 9.4% to X tons, rising for the second year in a row after two years of decline. Total imports indicated tangible growth from 2012 to 2022: its volume increased at an average annual rate of +2.2% 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 +18.4% against 2020 indices. The most prominent rate of growth was recorded in 2018 when imports increased by 45%. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, chain scoops and sliders imports rose slightly to $X in 2022. Total imports indicated a modest increase from 2012 to 2022: its value increased at an average annual rate of +1.5% 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 +27.8% against 2018 indices. The growth pace was the most rapid in 2018 when imports increased by 29% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Morocco (X tons), distantly followed by Egypt (X tons), Tunisia (X tons) and South Africa (X tons) were the key importers of chain scoops, sliders, runners, end pieces and narrow strips, together making up 80% of total imports. Algeria (X tons), Kenya (X tons) and Nigeria (X tons) held a relatively small share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Algeria (with a CAGR of +16.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest chain scoops and sliders importing markets in Africa were Tunisia ($X), Morocco ($X) and Egypt ($X), together accounting for 74% of total imports. South Africa, Algeria, Kenya and Nigeria lagged somewhat behind, together accounting for a further 14%.

Algeria, with a CAGR of +10.6%, saw the highest rates of growth with regard to 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, dropping by -4.5% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 32% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices stood 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 Tunisia ($X per ton), while Algeria ($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 (+8.5%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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