Africa: Nail And Bolt Market 2025

Nail And Bolt Market Size in Africa

The African nail and bolt market shrank slightly to $X in 2021, reducing by -3% against the previous year. The market value increased at an average annual rate of +2.7% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Nail And Bolt Production in Africa

In value terms, nail and bolt production dropped to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 when the production volume increased by 51% against the previous year. The level of production peaked at $X in 2017; however, from 2018 to 2021, production remained at a lower figure.

Nail And Bolt Exports

Exports in Africa

Nail and bolt exports was estimated at X tons in 2021, picking up by 2.7% against the previous year. The total export volume increased at an average annual rate of +3.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 with an increase of 22% against the previous year. The volume of export peaked at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, nail and bolt exports soared to $X in 2021. The total export value increased at an average annual rate of +1.9% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

South Africa was the main exporter of nails, tacks, staples, screws and bolts in Africa, with the volume of exports recording X tons, which was near 42% of total exports in 2021. It was distantly followed by Egypt (X tons), Kenya (X tons), Angola (X tons) and Benin (X tons), together achieving a 42% share of total exports. The following exporters - Tanzania (X tons) and Uganda (X tons) - each recorded a 5.6% share of total exports.

South Africa experienced a relatively flat trend pattern with regard to volume of exports of nails, tacks, staples, screws and bolts. At the same time, Angola (+55.0%), Kenya (+32.7%), Tanzania (+19.9%), Uganda (+18.3%) and Benin (+13.9%) displayed positive paces of growth. Moreover, Angola emerged as the fastest-growing exporter exported in Africa, with a CAGR of +55.0% from 2012-2021. Egypt experienced a relatively flat trend pattern. While the share of Kenya (+13 p.p.), Angola (+5.6 p.p.), Benin (+3.4 p.p.), Tanzania (+2.2 p.p.) and Uganda (+1.9 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Egypt (-3.2 p.p.) and South Africa (-14.6 p.p.) displayed negative dynamics.

In value terms, South Africa ($X) remains the largest nail and bolt supplier in Africa, comprising 59% of total exports. The second position in the ranking was taken by Egypt ($X), with a 10% share of total exports. It was followed by Kenya, with a 5.7% share.

From 2012 to 2021, the average annual growth rate of value in South Africa was relatively modest. The remaining exporting countries recorded the following average annual rates of exports growth: Egypt (+6.6% per year) and Kenya (+27.4% per year).

Export Prices by Country

In 2021, the export price in Africa amounted to $X per ton, with an increase of 17% against the previous year. Overall, the export price, however, saw a slight curtailment. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was South Africa ($X per ton), while Tanzania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Egypt (+5.7%), while the other leaders experienced mixed trends in the export price figures.

Nail And Bolt Imports

Imports in Africa

In 2021, purchases abroad of nails, tacks, staples, screws and bolts was finally on the rise to reach X tons after two years of decline. Overall, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of 17%. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth of imports remained at a lower figure.

In value terms, nail and bolt imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +2.5% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, South Africa (X tons), distantly followed by Ghana (X tons), Morocco (X tons), Algeria (X tons) and Democratic Republic of the Congo (X tons) represented the main importers of nails, tacks, staples, screws and bolts, together creating 38% of total imports. Nigeria (X tons), Egypt (X tons), Tanzania (X tons), Kenya (X tons), Ethiopia (X tons), Zimbabwe (X tons), Tunisia (X tons) and Cote d'Ivoire (X tons) followed a long way behind the leaders.

South Africa experienced a relatively flat trend pattern with regard to volume of imports of nails, tacks, staples, screws and bolts. At the same time, Cote d'Ivoire (+22.0%), Ethiopia (+9.5%), Morocco (+7.2%), Democratic Republic of the Congo (+6.9%), Ghana (+5.4%), Zimbabwe (+3.7%) and Tunisia (+2.0%) displayed positive paces of growth. Moreover, Cote d'Ivoire emerged as the fastest-growing importer imported in Africa, with a CAGR of +22.0% from 2012-2021. Algeria experienced a relatively flat trend pattern. By contrast, Nigeria (-3.0%), Tanzania (-4.1%), Kenya (-7.2%) and Egypt (-10.8%) illustrated a downward trend over the same period. While the share of Morocco (+2.5 p.p.), Ghana (+2.2 p.p.), Democratic Republic of the Congo (+1.9 p.p.) and Cote d'Ivoire (+1.9 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Nigeria (-1.7 p.p.), Tanzania (-2 p.p.), Kenya (-3.2 p.p.) and Egypt (-7.7 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X), Morocco ($X) and Egypt ($X) were the countries with the highest levels of imports in 2021, with a combined 34% share of total imports. These countries were followed by Algeria, Tunisia, Ghana, Nigeria, Democratic Republic of the Congo, Ethiopia, Cote d'Ivoire, Zimbabwe, Tanzania and Kenya, which together accounted for a further 35%.

Among the main importing countries, Cote d'Ivoire, with a CAGR of +19.6%, saw 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

The import price in Africa stood at $X per ton in 2021, with an increase of 18% against the previous year. Over the last nine years, it increased at an average annual rate of +1.9%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Tunisia ($X per ton), while Tanzania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Egypt (+9.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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