Africa: Market for Plastic Fittings for Tubes, Pipes and Hoses 2024

Market Size for Plastic Fittings for Tubes, Pipes and Hoses in Africa

For the fourth consecutive year, the African market for plastic fittings for tubes, pipes and hoses recorded growth in sales value, which increased by 7.2% to $X in 2021. The market value increased at an average annual rate of +3.9% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. Over the period under review, the market reached the maximum level in 2021 and is likely to see gradual growth in years to come.

Production of Plastic Fittings for Tubes, Pipes and Hoses in Africa

In value terms, production of plastic fittings for tubes, pipes and hoses dropped slightly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.4% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2013 when the production volume increased by 18%. Over the period under review, production of attained the maximum level at $X in 2020, and then shrank modestly in the following year.

Exports of Plastic Fittings for Tubes, Pipes and Hoses

Exports in Africa

In 2021, the amount of plastic fittings for tubes, pipes and hoses exported in Africa amounted to X tons, growing by 4.5% compared with the year before. Total exports indicated noticeable growth from 2012 to 2021: its volume increased at an average annual rate of +3.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -39.9% against 2019 indices. The growth pace was the most rapid in 2013 with an increase of 78% against the previous year. Over the period under review, the exports of attained the peak figure at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of plastic fittings for tubes, pipes and hoses soared to $X in 2021. Over the period under review, exports saw a resilient increase. The most prominent rate of growth was recorded in 2018 when exports increased by 89%. Over the period under review, the exports of attained the peak figure at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

South Africa represented the main exporter of plastic fittings for tubes, pipes and hoses in Africa, with the volume of exports reaching X tons, which was approx. 52% of total exports in 2021. Egypt (X tons) ranks second in terms of the total exports with a 23% share, followed by Morocco (12%). Botswana (X tons), Tunisia (X tons), Cote d'Ivoire (X tons) and Kenya (X tons) took a minor share of total exports.

South Africa experienced a relatively flat trend pattern with regard to volume of exports of plastic fittings for tubes, pipes and hoses. At the same time, Morocco (+29.3%), Botswana (+15.8%), Egypt (+9.0%) and Kenya (+8.5%) displayed positive paces of growth. Moreover, Morocco emerged as the fastest-growing exporter exported in Africa, with a CAGR of +29.3% from 2012-2021. Cote d'Ivoire experienced a relatively flat trend pattern. By contrast, Tunisia (-6.9%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Morocco, Egypt and Botswana increased by +10, +8.7 and +1.9 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest plastic fittings for tubes, pipes and hoses supplying countries in Africa were Morocco ($X), South Africa ($X) and Egypt ($X), together accounting for 87% of total exports.

Morocco, with a CAGR of +51.7%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

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. Over the period under review, the export price enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2020 an increase of 33% against the previous year. The level of export peaked in 2021 and is expected to retain growth in the near future.

Prices varied noticeably country of origin: the country with the highest price was Morocco ($X per ton), while Botswana ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Morocco (+17.3%), while the other leaders experienced more modest paces of growth.

Imports of Plastic Fittings for Tubes, Pipes and Hoses

Imports in Africa

In 2021, the amount of plastic fittings for tubes, pipes and hoses imported in Africa surged to X tons, rising by 16% on the previous year's figure. The total import volume increased at an average annual rate of +3.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when imports increased by 26% against the previous year. The volume of import peaked at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of plastic fittings for tubes, pipes and hoses surged to $X in 2021. The total import value increased at an average annual rate of +5.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Morocco (X tons), Nigeria (X tons), Algeria (X tons), Egypt (X tons), South Africa (X tons) and Libya (X tons) represented roughly 51% of total imports in 2021. The following importers - Tanzania (X tons), Ghana (X tons), Democratic Republic of the Congo (X tons), Mozambique (X tons), Tunisia (X tons), Kenya (X tons) and Ethiopia (X tons) - together made up 22% of total imports.

From 2012 to 2021, the biggest increases were recorded for Mozambique (with a CAGR of +11.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Morocco ($X), Tunisia ($X) and Egypt ($X) appeared to be the countries with the highest levels of imports in 2021, with a combined 35% share of total imports. These countries were followed by Algeria, South Africa, Nigeria, Libya, Tanzania, Ghana, Democratic Republic of the Congo, Mozambique, Ethiopia and Kenya, which together accounted for a further 42%.

Tanzania, with a CAGR of +15.3%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Africa amounted to $X per ton, picking up by 16% against the previous year. Over the last nine years, it increased at an average annual rate of +1.8%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Tunisia (+9.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :