Africa: Cold Metal-Rolling Mill Market 2024

Cold Metal-Rolling Mill Market Size in Africa

The African cold metal-rolling mill market soared to $X in 2022, jumping by X% against the previous year. In general, consumption enjoyed a prominent increase. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Cold Metal-Rolling Mill Production in Africa

In value terms, cold metal-rolling mill production surged to $X in 2022 estimated in export price. Overall, production recorded a prominent expansion. The growth pace was the most rapid in 2018 with an increase of X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Cold Metal-Rolling Mill Exports

Exports in Africa

In 2022, approx. X units of cold metal-rolling mills were exported in Africa; which is down by X% on the previous year's figure. In general, exports continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of X units, and then declined dramatically in the following year.

In value terms, cold metal-rolling mill exports shrank sharply to $X in 2022. Overall, exports recorded a deep contraction. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

South Africa represented the key exporting country with an export of around X units, which amounted to X% of total exports. Kenya (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Mozambique (X%), Namibia (X%), Angola (X%), Botswana (X%), Congo (X%), Ghana (X%), Morocco (X%), Rwanda (X%), Swaziland (X%), Egypt (X%) and Tanzania (X%).

Exports from South Africa decreased at an average annual rate of X% from 2012 to 2022. Namibia, Rwanda, Botswana, Swaziland, Congo, Angola and Mozambique experienced a relatively flat trend pattern. Ghana (X%), Egypt (X%), Kenya (X%), Morocco (X%) and Tanzania (X%) illustrated a downward trend over the same period. While the share of South Africa (X p.p.), Namibia (X p.p.), Kenya (X p.p.), Mozambique (X p.p.), Rwanda (X p.p.), Botswana (X p.p.), Morocco (X p.p.), Congo (X p.p.), Angola (X p.p.) and Swaziland (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Tanzania (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X), Swaziland ($X) and Kenya ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of total exports. Ghana, Morocco, Mozambique, Egypt, Botswana, Tanzania, Angola, Rwanda, Namibia and Congo lagged somewhat behind, together comprising a further X%.

In terms of the main exporting countries, Rwanda, with a CAGR of X%, saw 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 unit, jumping by X% against the previous year. Over the period under review, the export price, however, saw a abrupt downturn. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per unit in 2014; however, from 2015 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 Swaziland ($X per unit), while Congo ($X per unit) 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 more modest paces of growth.

Cold Metal-Rolling Mill Imports

Imports in Africa

Cold metal-rolling mill imports surged to X units in 2022, picking up by X% compared with the year before. In general, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when imports increased by X%. Over the period under review, imports hit record highs at X units in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, cold metal-rolling mill imports declined to $X in 2022. Overall, imports, however, recorded a noticeable shrinkage. The pace of growth was the most pronounced in 2019 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Angola (X units), distantly followed by Malawi (X units) and Nigeria (X units) represented the major importers of cold metal-rolling mills, together generating X% of total imports. The following importers - Congo (X units), Algeria (X units), Ghana (X units), South Africa (X units), Morocco (X units) and Uganda (X units) - together made up X% of total imports.

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

In value terms, Nigeria ($X), Algeria ($X) and Ghana ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising X% of total imports. South Africa, Angola, Uganda, Malawi, Morocco and Congo lagged somewhat behind, together accounting for a further X%.

Congo, with a CAGR of X%, 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

The import price in Africa stood at $X per unit in 2022, declining by X% against the previous year. In general, the import price continues to indicate a pronounced reduction. The growth pace was the most rapid in 2016 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2017 to 2022, the import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Algeria ($X per unit), while Congo ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :