Africa: Metal Advertising Sign Market 2021

Metal Advertising Sign Market Size in Africa

The African metal advertising sign market was estimated at $X in 2020, approximately equating the previous year. Over the period under review, consumption continues to indicate a relatively flat trend pattern. 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 market reached the peak level at $X in 2009; however, from 2010 to 2020, consumption stood at a somewhat lower figure.

Metal Advertising Sign Production in Africa

In value terms, metal advertising sign production shrank slightly to $X in 2020 estimated in export prices. In general, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. As a result, production attained the peak level of $X. From 2009 to 2020, production growth remained at a somewhat lower figure.

Production By Country in Africa

The countries with the highest volumes of metal advertising sign production in 2020 were South Africa (X tons), Kenya (X tons) and Tunisia (X tons), with a combined X% share of total production. These countries were followed by Senegal, which accounted for a further X 2007 to 2020, the most notable rate of growth in terms of metal advertising sign production, amongst the key producing countries, was attained by Senegal, while metal advertising sign production for the other leaders experienced more modest paces of growth.

Metal Advertising Sign Exports

Exports in Africa

After two years of growth, shipments abroad of metal advertising signs decreased by -X% to X tons in 2020. In general, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 when exports increased by X% y-o-y. Over the period under review, exports attained the maximum at X tons in 2013; however, from 2014 to 2020, exports stood at a somewhat lower figure.

In value terms, metal advertising sign exports fell remarkably to $X in 2020. Over the period under review, exports saw a noticeable decline. The most prominent rate of growth was recorded in 2009 when exports increased by X% y-o-y. The level of export peaked at $X in 2011; however, from 2012 to 2020, exports stood at a somewhat lower figure.

Exports by Country

South Africa dominates metal advertising sign exports structure, amounting to X tons, which was approx. X% of total exports in 2020. Kenya (X tons) ranks second in terms of the total exports with a X% share, followed by Namibia (X%). Uganda (X tons) held a relatively small share of total exports.

From 2007 to 2020, average annual rates of growth with regard to metal advertising sign exports from South Africa stood at -X%. At the same time, Namibia (+X%), Uganda (+X%) and Kenya (+X%) displayed positive paces of growth. Moreover, Namibia emerged as the fastest-growing exporter exported in Africa, with a CAGR of +X% from 2007-2020. While the share of Namibia (+X p.p.) and Kenya (+X p.p.) increased significantly in terms of the total exports from 2007-2020, the share of South Africa (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest metal advertising sign supplier in Africa, comprising X% of total exports. The second position in the ranking was occupied by Kenya ($X), with a X% share of total exports. It was followed by Namibia, with a X% share.

In South Africa, metal advertising sign exports declined by an average annual rate of -X% over the period from 2007-2020. In the other countries, the average annual rates were as follows: Kenya (-X% per year) and Namibia (+X% per year).

Export Prices by Country

In 2020, the metal advertising sign export price in Africa amounted to $X per ton, waning by -X% against the previous year. Over the period under review, the export price recorded a noticeable shrinkage. The growth pace was the most rapid in 2009 an increase of X% against the previous year. As a result, export price reached the peak level of $X per ton. From 2010 to 2020, the growth in terms of the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Kenya ($X per ton), while Uganda ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by South Africa, while the other leaders experienced a decline in the export price figures.

Metal Advertising Sign Imports

Imports in Africa

In 2020, supplies from abroad of metal advertising signs increased by X% to X tons, rising for the second year in a row after three years of decline. The total import volume increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2009 with an increase of X% year-to-year. Over the period under review, imports attained the maximum at X tons in 2015; however, from 2016 to 2020, imports stood at a somewhat lower figure.

In value terms, metal advertising sign imports rose markedly to $X in 2020. The total import value increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2009 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2011; however, from 2012 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Ghana (X tons), distantly followed by Ethiopia (X tons), Botswana (X tons), South Africa (X tons), Algeria (X tons) and Tanzania (X tons) were the key importers of metal advertising signs, together achieving X% of total imports. Namibia (X tons), Libya (X tons), Cote d'Ivoire (X tons), Mozambique (X tons), Uganda (X tons), Nigeria (X tons) and Kenya (X tons) took a relatively small share of total imports.

Ghana was also the fastest-growing in terms of the metal advertising signs imports, with a CAGR of +X% from 2007 to 2020. At the same time, Cote d'Ivoire (+X%), Ethiopia (+X%), Mozambique (+X%), Kenya (+X%), Nigeria (+X%), Uganda (+X%) and Algeria (+X%) displayed positive paces of growth. Tanzania and Botswana experienced a relatively flat trend pattern. By contrast, Libya (-X%), Namibia (-X%) and South Africa (-X%) illustrated a downward trend over the same period. Ghana (+X p.p.), Ethiopia (+X p.p.), Cote d'Ivoire (+X p.p.) and Mozambique (+X p.p.) significantly strengthened its position in terms of the total imports, while Libya, Namibia and South Africa saw its share reduced by -X%, -X% and -X% from 2007 to 2020, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Ethiopia ($X), Algeria ($X) and Ghana ($X) were the countries with the highest levels of imports in 2020, with a combined X% share of total imports.

Among the main importing countries, Ghana recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the metal advertising sign import price in Africa amounted to $X per ton, picking up by X% against the previous year. Over the last thirteen years, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2011 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2012 to 2020, the growth in terms of the import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Libya ($X per ton), while Ghana ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Libya, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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