Africa: Ferro-Alloys Market 2025

Ferro-Alloys Market Size in Africa

In 2022, the African ferro-alloys market increased by X% to $X, rising for the third consecutive year after two years of decline. Overall, consumption continues to indicate a resilient expansion. The level of consumption peaked in 2022 and is expected to retain growth in the near future.

Ferro-Alloys Production in Africa

In value terms, ferro-alloys production declined to $X in 2022 estimated in export price. Overall, production recorded a slight downturn. The pace of growth appeared the most rapid in 2014 with an increase of X%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

Ferro-Alloys Exports

Exports in Africa

In 2022, shipments abroad of ferro-alloys increased by X% to X tons, rising for the second year in a row after two years of decline. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, ferro-alloys exports surged to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

South Africa dominates exports structure, finishing at X tons, which was near X% of total exports in 2022. Zimbabwe (X tons) and Zambia (X tons) followed a long way behind the leaders.

South Africa experienced a relatively flat trend pattern with regard to volume of exports of ferro-alloys. At the same time, Zambia (X%) displayed positive paces of growth. Moreover, Zambia emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. By contrast, Zimbabwe (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of South Africa decreased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest ferro-alloys supplier in Africa, comprising X% of total exports. The second position in the ranking was held by Zimbabwe ($X), with a X% share of total exports.

In South Africa, ferro-alloys exports increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Zimbabwe (X% per year) and Zambia (X% per year).

Export Prices by Country

The export price in Africa stood at $X per ton in 2022, surging by X% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was South Africa ($X per ton), while Zambia ($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 (X%), while the other leaders experienced a decline in the export price figures.

Ferro-Alloys Imports

Imports in Africa

In 2022, overseas purchases of ferro-alloys increased by X% to X tons, rising for the second consecutive year after two years of decline. In general, imports saw a significant increase. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, ferro-alloys imports soared to $X in 2022. Overall, imports posted prominent growth. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

Mozambique represented the largest importing country with an import of around X tons, which recorded X% of total imports. Egypt (X tons) ranks second in terms of the total imports with an X% share, followed by Equatorial Guinea (X%). South Africa (X tons), Nigeria (X tons) and Morocco (X tons) took a minor share of total imports.

Mozambique was also the fastest-growing in terms of the ferro-alloys imports, with a CAGR of X% from 2012 to 2022. At the same time, Egypt (X%), Morocco (X%), Nigeria (X%) and South Africa (X%) displayed positive paces of growth. Equatorial Guinea experienced a relatively flat trend pattern. While the share of Mozambique (X p.p.) and Equatorial Guinea (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Morocco (X p.p.), Nigeria (X p.p.), South Africa (X p.p.) and Egypt (X p.p.) displayed negative dynamics.

In value terms, Mozambique ($X) constitutes the largest market for imported ferro-alloys in Africa, comprising X% of total imports. The second position in the ranking was taken by Egypt ($X), with a X% share of total imports. It was followed by South Africa, with an X% share.

From 2012 to 2022, the average annual growth rate of value in Mozambique amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: Egypt (X% per year) and South Africa (X% per year).

Import Prices by Country

In 2022, the import price in Africa amounted to $X per ton, surging by X% against the previous year. In general, the import price, however, recorded a perceptible shrinkage. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was South Africa ($X per ton), while Mozambique ($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 (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :