Africa: Metal Cotter Pin Market 2020

Metal Cotter Pin Market Size in Africa

The revenue of the metal cotter pin market in Africa amounted to $X in 2017, rising by X% against the previous year. The metal cotter pin consumption continues to indicate a mild curtailment. The pace of growth appeared the most rapid in 2010, with an increase of X% against the previous year. In that year, the metal cotter pin market attained their peak level of $X. From 2011 to 2017, growth of the metal cotter pin market stood at a somewhat lower level.

Metal Cotter Pin Production in Africa

In 2017, metal cotter pin production in Africa amounted to X tons, rising by X% against the previous year. The metal cotter pin production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009, with an increase of X% against the previous year. The volume of metal cotter pin production peaked of X tons in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Metal Cotter Pin Exports in Africa

In 2017, the amount of iron or steel cotters and cotter-pins exported in Africa totaled X tons, increasing by X% against the previous year. The metal cotter pin exports continue to indicate a strong growth. The growth pace was the most rapid in 2012, with an increase of X% y-o-y. Over the period under review, the metal cotter pin exports attained its maximum volume in 2017, and are likely to continue its growth in the immediate term.

In value terms, metal cotter pin exports totaled $X in 2017. The metal cotter pin exports continue to indicate a strong increase. The level of exports peaked in 2017, and are expected to retain its growth in the immediate term.

Metal Cotter Pin Exports by Country in Africa

In 2017, South Africa (X tons) was the largest exporter for iron or steel cotters and cotter-pins, creating X% of total exports. Egypt (X tons) occupied the second position in the ranking, distantly followed by Morocco (X tons). All these countries together occupied near X% share of total exports. Tunisia (X tons) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to metal cotter pin exports from South Africa stood at +X%. At the same time, Morocco (+X%), Egypt (+X%) and Tunisia (+X%) displayed positive paces of growth. Moreover, Morocco emerged as the fastest growing exporter in Africa, with a CAGR of +X% from 2007-2017. Morocco (-X%), Egypt (-X%) and South Africa (-X%) significantly weakened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest metal cotter pin supplier in Africa, making up X% of global exports. The second position in the ranking was occupied by Tunisia ($X), with a X% share of global exports. 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: Tunisia (+X% per year) and Egypt (+X% per year).

Metal Cotter Pin Export Prices by Country in Africa

The metal cotter pin export price in Africa stood at $X per ton in 2017, lowering by -X% against the previous year. The metal cotter pin export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010, when the export prices increased by X% year-to-year. Over the period under review, the export prices for iron or steel cotters and cotter-pins reached its peak figure level of $X per kg in 2011; however, from 2012 to 2017, it 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 ($X per kg), while Egypt ($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 Tunisia (+X% per year), while the other leaders experienced mixed trends in the export price figures.

Metal Cotter Pin Imports in Africa

In 2017, the amount of iron or steel cotters and cotter-pins imported in Africa stood at X tons, reducing by -X% against the previous year. The total imports indicated a temperate 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 metal cotter pin imports decreased by -X% against 2010 indices. The most prominent rate of growth was recorded in 2008, with an increase of X% against the previous year. Over the period under review, the metal cotter pin imports attained its peak figure volume of X tons in 2010; however, from 2011 to 2017, it stood at a somewhat lower level.

In value terms, metal cotter pin 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 metal cotter pin imports attained its maximum level of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Metal Cotter Pin Imports by Country in Africa

Egypt represented the major importing country with an import of about X tons, which resulted at X% of total imports. It was distantly followed by Algeria (X tons) and South Africa (X tons), together achieving X% share of total imports. The following importers - Morocco (X tons), Nigeria (X tons), Tanzania (X tons), Ghana (X tons), Tunisia (X tons), Angola (X tons) and Ethiopia (X tons) together made up X% of total imports.

Imports into Egypt increased at an average annual rate of +X% from 2007 to 2017. At the same time, Ghana (+X%), Tunisia (+X%), Nigeria (+X%), Morocco (+X%), Algeria (+X%), Tanzania (+X%) and Ethiopia (+X%) displayed positive paces of growth. Moreover, Ghana emerged as the fastest growing importer in Africa, with a CAGR of +X% from 2007-2017. By contrast, South Africa (-X%) and Angola (-X%) illustrated a downward trend over the same period. While the share of Ghana (-X%), Nigeria (-X%), Morocco (-X%), Algeria (-X%) and Egypt (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Egypt ($X), South Africa ($X) and Algeria ($X) appeared to be the countries with the highest levels of imports in 2017, with a combined X% share of total imports. These countries were followed by Tunisia, Morocco, Nigeria, Ghana, Tanzania, Angola and Ethiopia, which together accounted for a further X%.

Among the main importing countries , Tunisia (+X% per year) experienced the highest rates of growth with regard to imports, over the last decade, while the other leaders experienced more modest paces of growth.

Metal Cotter Pin Import Prices by Country in Africa

The metal cotter pin import price in Africa stood at $X per ton in 2017, surging by X% against the previous year. The import price indicated a pronounced increase from 2007 to 2017: its price 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 metal cotter pin import price increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2011, an increase of X% against the previous year. Over the period under review, the import prices for iron or steel cotters and cotter-pins attained its maximum level in 2017, and is expected to retain its growth in the immediate term.

Import prices varied noticeably by the country of destination; the country with the highest import price was Tunisia ($X per kg), while Egypt ($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 Morocco (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform