Africa: Heavy Sections Market 2020

Heavy Sections Market Size in Africa

The revenue of the heavy sections market in Africa amounted to $X in 2017, coming down by -X% against the previous year. The heavy sections consumption continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2012, when it surged by X% y-o-y. Over the period under review, the heavy sections market reached its peak figure level of $X in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Heavy Sections Production in Africa

In 2017, the amount of heavy sections produced in Africa totaled X tons, remaining stable against the previous year. The heavy sections production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016, with an increase of X% year-to-year. Over the period under review, the heavy sections production attained its maximum volume in 2017, and is likely to see steady growth in the near future.

Heavy Sections Exports in Africa

The exports totaled X tons in 2017, rising by X% against the previous year. The heavy sections exports continue to indicate an abrupt slump. The most prominent rate of growth was recorded in 2010, with an increase of X% against the previous year. In that year, the heavy sections exports reached their peak volume of X tons. From 2011 to 2017, growth of the heavy sections exports stood at a somewhat lower level.

In value terms, heavy sections exports stood at $X in 2017. The heavy sections exports continue to indicate a drastic descent. Over the period under review, the heavy sections exports attained its maximum level of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Heavy Sections Exports by Country in Africa

South Africa was the main exporter of heavy sections in Africa, with the volume of exports accounting for X tons, which was near X% of total exports in 2017. Egypt (X tons) took a X% share (based on tons) of total exports, which put it in second place, followed by Senegal (X%). Libya (X tons) and Tunisia (X tons) held the weak share of total exports.

Exports from South Africa decreased at an average annual rate of -X% from 2007 to 2017. At the same time, Senegal (+X%) displayed positive paces of growth. Moreover, Senegal emerged as the fastest growing exporter in Africa, with a CAGR of +X% from 2007-2017. By contrast, Egypt (-X%), Libya (-X%) and Tunisia (-X%) illustrated a downward trend over the same period. While the share of South Africa (X%), Tunisia (X%), Libya (X%) and Egypt (X%) increased significantly in terms of the global exports from 2007-2017, the share of Senegal (-X%) displayed negative dynamics.

In value terms, South Africa ($X) remains the largest heavy sections supplier in Africa, making up X% of global exports. The second position in the ranking was occupied by Senegal ($X), with a X% share of global exports. It was followed by Egypt, with a X% share.

From 2007 to 2017, the average annual growth rate of value in South Africa totaled -X%. In the other countries, the average annual rates were as follows: Senegal (+X% per year) and Egypt (-X% per year).

Heavy Sections Export Prices by Country in Africa

In 2017, the heavy sections export price in Africa amounted to $X per ton, coming down by -X% against the previous year. The heavy sections export price continues to indicate a mild decline. The growth pace was the most rapid in 2008, an increase of X% against the previous year. In that year, the export prices for heavy sections attained their peak level of $X per ton. From 2009 to 2017, growth of the export prices for heavy sections failed to regain its momentum.

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

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by South Africa (-X% per year), while the other leaders experienced a decline in the export price figures.

Heavy Sections Imports in Africa

In 2017, approx. X tons of heavy sections were imported in Africa; lowering by -X% against the previous year. The heavy sections imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013, with an increase of X% against the previous year. The volume of imports peaked of X tons in 2016, and then declined slightly in the following year.

In value terms, heavy sections imports amounted to $X in 2017. The heavy sections imports continue to indicate a pronounced curtailment. The level of imports peaked of $X in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Heavy Sections Imports by Country in Africa

In 2017, Algeria (X tons) represented the key importer for heavy sections, generating X% of total imports. Morocco (X tons) held a X% share (based on tons) of total imports, which put it in second place, followed by South Africa (X%), Egypt (X%) and Tunisia (X%). The following importers - Kenya (X tons), Nigeria (X tons), Burkina Faso (X tons), Zimbabwe (X tons), Ghana (X tons), Cameroon (X tons) and Cote d'Ivoire (X tons) together made up X% of total imports.

From 2007 to 2017, average annual rates of growth with regard to heavy sections imports into Algeria stood at +X%. At the same time, Zimbabwe (+X%), South Africa (+X%), Cameroon (+X%), Kenya (+X%), Cote d'Ivoire (+X%) and Burkina Faso (+X%) displayed positive paces of growth. Moreover, Zimbabwe emerged as the fastest growing importer in Africa, with a CAGR of +X% from 2007-2017. Ghana experienced a relatively flat trend pattern. By contrast, Egypt (-X%), Tunisia (-X%), Morocco (-X%) and Nigeria (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Morocco, Nigeria and Tunisia increased by X%, X% and X% percentage points, while Zimbabwe (-X%), South Africa (-X%) and Algeria (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Algeria ($X) constitutes the largest market for imported heavy sections in Africa, making up X% of global imports. The second position in the ranking was occupied by Morocco ($X), with a X% share of global imports. It was followed by South Africa, with a X% share.

In Algeria, heavy sections imports remained relatively stable over the period from 2007-2017. In the other countries, the average annual rates were as follows: Morocco (-X% per year) and South Africa (+X% per year).

Heavy Sections Import Prices by Country in Africa

The heavy sections import price in Africa stood at $X per ton in 2017, rising by X% against the previous year. The heavy sections import price continues to indicate a moderate setback. The most prominent rate of growth was recorded in 2008, when the import prices increased by X% against the previous year. In that year, the import prices for heavy sections reached their peak level of $X per ton. From 2009 to 2017, growth of the import prices for heavy sections 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 Cameroon ($X per ton), while Zimbabwe ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Egypt (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform