Africa: Copper Screw Market 2025

Copper Screw Market Size in Africa

The African copper screw market expanded remarkably to $X in 2021, increasing by 11% against the previous year. The market value increased at an average annual rate of +1.4% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the market remained at a somewhat lower figure.

Copper Screw Production in Africa

In value terms, copper screw production totaled $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.1% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2019 with an increase of 35% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2021, production growth remained at a somewhat lower figure.

Copper Screw Exports

Exports in Africa

After four years of decline, overseas shipments of copper screws, bolts and nuts increased by 364% to X tons in 2021. Overall, exports enjoyed buoyant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, copper screw exports surged to $X in 2021. Over the period under review, exports posted a tangible expansion. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

South Africa (X tons) and Algeria (X tons) dominates exports structure, together achieving 90% of total exports. The following exporters - Morocco (X tons) and Tunisia (X tons) - each amounted to a 4.8% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Algeria (with a CAGR of +79.4%), while the other leaders experienced more modest paces of growth.

In value terms, the largest copper screw supplying countries in Africa were South Africa ($X), Algeria ($X) and Tunisia ($X), together comprising 85% of total exports.

Algeria, with a CAGR of +43.0%, saw the highest growth rate of the value of exports, in terms of 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

The export price in Africa stood at $X per ton in 2021, picking up by 6.5% against the previous year. Over the period under review, the export price, however, recorded a noticeable slump. The most prominent rate of growth was recorded in 2013 when the export price increased by 32%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, 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 Tunisia ($X per ton), while Algeria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Tunisia (-1.1%), while the other leaders experienced a decline in the export price figures.

Copper Screw Imports

Imports in Africa

In 2021, approx. X tons of copper screws, bolts and nuts were imported in Africa; with an increase of 85% against the previous year's figure. Total imports indicated a remarkable increase from 2012 to 2021: its volume increased at an average annual rate of +6.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 with an increase of 90%. The volume of import peaked in 2021 and is likely to see gradual growth in the immediate term.

In value terms, copper screw imports surged to $X in 2021. Over the period under review, imports posted strong growth. The most prominent rate of growth was recorded in 2020 with an increase of 84%. The level of import peaked in 2021 and is likely to see steady growth in years to come.

Imports by Country

South Africa (X tons) and Nigeria (X tons) represented roughly 46% of total imports in 2021. Tunisia (X tons) held a 13% share (based on physical terms) of total imports, which put it in second place, followed by Botswana (11%). The following importers - Algeria (X tons), Kenya (X tons), Namibia (X tons), Egypt (X tons), Morocco (X tons) and Senegal (X tons) - together made up 17% of total imports.

From 2012 to 2021, the biggest increases were recorded for Senegal (with a CAGR of +72.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Tunisia ($X) constitutes the largest market for imported copper screws, bolts and nuts in Africa, comprising 68% of total imports. The second position in the ranking was held by South Africa ($X), with a 9.5% share of total imports. It was followed by Egypt, with a 3.9% share.

In Tunisia, copper screw imports expanded at an average annual rate of +43.3% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: South Africa (-3.4% per year) and Egypt (+4.7% per year).

Import Prices by Country

The import price in Africa stood at $X per ton in 2021, shrinking by -3.3% against the previous year. Overall, the import price, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2020 an increase of 167% against the previous year. As a result, import price attained the peak level of $X per ton, and then shrank in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Tunisia (+19.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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