Africa: Iron Globe Valve Market 2020

Iron Globe Valve Market Size in Africa

The revenue of the iron globe valve market in Africa amounted to $X in 2017, picking up by X% against the previous year. The iron globe valve consumption continues to indicate a slight contraction. The most prominent rate of growth was recorded in 2013, when market value increased by X% against the previous year. The level of iron globe valve consumption peaked of $X in 2010; however, from 2011 to 2017, it stood at a somewhat lower level.

Iron Globe Valve Production in Africa

In 2017, production of globe valves, of cast iron in Africa stood at X units, growing by X% against the previous year. The total output indicated a prominent growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the iron globe valve production increased by +X% against 2012 indices. The growth pace was the most rapid in 2017, when the output figure increased by X% against the previous year. In that year, the iron globe valve production attained their peak volume, and is likely to continue its growth in the immediate term.

Iron Globe Valve Exports in Africa

In 2017, approx. X units of globe valves, of cast iron were exported in Africa; coming up by X% against the previous year. The iron globe valve exports continue to indicate a strong expansion. The pace of growth was the most pronounced in 2014, with an increase of X% against the previous year. In that year, the iron globe valve exports attained their peak volume of X units. From 2015 to 2017, growth of the iron globe valve exports stood at a somewhat lower level.

In value terms, iron globe valve exports totaled $X in 2017. The total exports indicated a prominent increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the iron globe valve exports decreased by -X% against 2014 indices. Over the period under review, the iron globe valve exports reached its maximum level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Iron Globe Valve Exports by Country in Africa

South Africa was the key exporter of globe valves, of cast iron in Africa, with the volume of exports finishing at X units, which was near X% of total exports in 2017. It was distantly followed by Tunisia (X units), constituting X% share of total exports.

South Africa was also the fastest growing in terms of the globe valves, of cast iron exports, with a CAGR of +X% from 2007 to 2017. At the same time, Tunisia (+X%) displayed positive paces of growth. From 2007 to 2017, the share of Tunisia and South Africa decreased by -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest iron globe valve supplier in Africa, making up X% of global exports. The second position in the ranking was occupied by Tunisia ($X), with a X% share of global exports.

In South Africa, iron globe valve exports increased at an average annual rate of +X% over the period from 2007-2017.

Iron Globe Valve Export Prices by Country in Africa

In 2017, the iron globe valve export price in Africa amounted to $X per unit, coming down by -X% against the previous year. The iron globe valve export price continues to indicate a mild contraction. The pace of growth was the most pronounced in 2013, when it surged by X% against the previous year. In that year, the export prices for globe valves, of cast iron reached their peak level of $X per unit. From 2014 to 2017, growth of the export prices for globe valves, of cast iron stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Tunisia ($X per unit), while South Africa ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Tunisia (+X% per year).

Iron Globe Valve Imports in Africa

In 2017, imports of globe valves, of cast iron in Africa totaled X units, standing approx. at the previous year. The total import volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2008, when imports increased by X% year-to-year. Over the period under review, the iron globe valve imports reached its peak figure volume of X units in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

In value terms, iron globe valve imports totaled $X in 2017. The total import value increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. Over the period under review, the iron globe valve imports reached its maximum level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Iron Globe Valve Imports by Country in Africa

In 2017, Egypt (X units), distantly followed by South Africa (X units), Algeria (X units), Nigeria (X units) and Morocco (X units) were the major importers of globe valves, of cast iron, together making up X% of total imports. Angola (X units), Ghana (X units), Tunisia (X units), Ethiopia (X units), Cote d'Ivoire (X units), Kenya (X units) and Djibouti (X units) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Djibouti (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest iron globe valve markets worldwide were South Africa ($X), Egypt ($X) and Nigeria ($X), with a combined X% share of total imports. These countries were followed by Algeria, Morocco, Angola, Tunisia, Ghana, Ethiopia, Kenya, Cote d'Ivoire and Djibouti, which together accounted for a further X%.

Djibouti (+X% per year) recorded the highest growth rate of imports, among the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Iron Globe Valve Import Prices by Country in Africa

In 2017, the iron globe valve import price in Africa amounted to $X per unit, reducing by -X% against the previous year. The iron globe valve import price continues to indicate a mild drop. The most prominent rate of growth was recorded in 2008, when it surged by X% y-o-y. The level of import price peaked of $X per unit in 2009; however, from 2010 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Nigeria ($X per unit), while Djibouti ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by South Africa (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform