Africa: Extruded Rod Market 2022

Extruded Rod Market Size in Africa

The African extruded rod market amounted to $X in 2021, increasing by X% against the previous year. Overall, consumption showed a deep slump. The most prominent rate of growth was recorded in 2018 when the market value increased by X%. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Extruded Rod Production in Africa

In value terms, extruded rod production fell to $X in 2021 estimated in export price. Overall, production recorded a abrupt descent. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Extruded Rod Exports

Exports in Africa

In 2021, the amount of extruded rods and profile shapes of cellular vulcanised rubber exported in Africa shrank to X tons, with a decrease of -X% on the year before. Over the period under review, exports continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2018 to 2021, the growth of the exports remained at a lower figure.

In value terms, extruded rod exports rose notably to $X in 2021. Overall, exports recorded a abrupt descent. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

South Africa represented the largest exporter of extruded rods and profile shapes of cellular vulcanised rubber in Africa, with the volume of exports amounting to X tons, which was approx. X% of total exports in 2021. It was distantly followed by Ghana (X tons) and Kenya (X tons), together achieving a X% share of total exports. Egypt (X tons), Morocco (X tons) and Tanzania (X tons) held a minor share of total exports.

From 2012 to 2021, average annual rates of growth with regard to extruded rod exports from South Africa stood at -X%. At the same time, Ghana (+X%), Tanzania (+X%) and Kenya (+X%) displayed positive paces of growth. Moreover, Ghana emerged as the fastest-growing exporter exported in Africa, with a CAGR of +X% from 2012-2021. By contrast, Egypt (-X%) and Morocco (-X%) illustrated a downward trend over the same period. Ghana (+X p.p.), Kenya (+X p.p.) and Tanzania (+X p.p.) significantly strengthened its position in terms of the total exports, while South Africa saw its share reduced by -X% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest extruded rod supplier in Africa, comprising X% of total exports. The second position in the ranking was taken by Ghana ($X), with a X% share of total exports. It was followed by Egypt, with a X% share.

In South Africa, extruded rod exports plunged by an average annual rate of -X% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Ghana (+X% per year) and Egypt (-X% per year).

Export Prices by Country

The export price in Africa stood at $X per ton in 2021, surging by X% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. Over the period under review, the export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

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

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

Extruded Rod Imports

Imports in Africa

In 2021, approx. X tons of extruded rods and profile shapes of cellular vulcanised rubber were imported in Africa; increasing by X% compared with the previous year's figure. The total import volume increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, extruded rod imports soared to $X in 2021. The total import value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Algeria (X tons), Tanzania (X tons), Tunisia (X tons), Ethiopia (X tons), Morocco (X tons), Togo (X tons) and Burkina Faso (X tons) represented the major importer of extruded rods and profile shapes of cellular vulcanised rubber in Africa, generating X% of total import. Sudan (X tons), Egypt (X tons), Mauritania (X tons), Nigeria (X tons), South Africa (X tons) and Senegal (X tons) followed a long way behind the leaders.

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

In value terms, the largest extruded rod importing markets in Africa were Tunisia ($X), South Africa ($X) and Algeria ($X), together comprising X% of total imports. These countries were followed by Morocco, Ethiopia, Egypt, Sudan, Togo, Tanzania, Mauritania, Nigeria, Senegal and Burkina Faso, which together accounted for a further X Faso, with a CAGR of +X%, recorded 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 ton in 2021, increasing by X% against the previous year. In general, the import price, however, recorded a perceptible reduction. The pace of growth appeared the most rapid in 2016 when the import price increased by X%. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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