Africa: Market for Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene 2024

Market Size for Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene in Africa

The African ethylene polymer rigid pipes market contracted to $X in 2021, which is down by -9.7% against the previous year. The market value increased at an average annual rate of +3.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X, and then declined in the following year.

Production of Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene in Africa

In value terms, ethylene polymer rigid pipes production dropped to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when the production volume increased by 32%. As a result, production attained the peak level of $X, and then reduced in the following year.

Exports of Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene

Exports in Africa

In 2021, after three years of growth, there was decline in overseas shipments of rigid tubes, pipes and hoses of polymers of ethylene, when their volume decreased by -4.9% to X tons. Total exports indicated a pronounced expansion from 2012 to 2021: its volume increased at an average annual rate of +3.5% 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 increased by +53.1% against 2014 indices. The pace of growth appeared the most rapid in 2018 when exports increased by 26% against the previous year. The volume of export peaked at X tons in 2020, and then reduced slightly in the following year.

In value terms, ethylene polymer rigid pipes exports rose markedly to $X in 2021. Total exports indicated a pronounced increase from 2012 to 2021: its value increased at an average annual rate of +4.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +81.1% against 2015 indices. The most prominent rate of growth was recorded in 2018 with an increase of 37% against the previous year. The level of export peaked in 2021 and is likely to see steady growth in the immediate term.

Exports by Country

South Africa represented the key exporter of rigid tubes, pipes and hoses of polymers of ethylene in Africa, with the volume of exports accounting for X tons, which was approx. 52% of total exports in 2021. Cote d'Ivoire (X tons) took the second position in the ranking, distantly followed by Ghana (X tons). All these countries together took approx. 35% share of total exports. The following exporters - Morocco (X tons) and Togo (X tons) - each recorded a 4.8% share of total exports.

Exports from South Africa increased at an average annual rate of +1.8% from 2012 to 2021. At the same time, Cote d'Ivoire (+22.4%), Morocco (+19.9%) and Togo (+16.0%) displayed positive paces of growth. Moreover, Cote d'Ivoire emerged as the fastest-growing exporter exported in Africa, with a CAGR of +22.4% from 2012-2021. By contrast, Ghana (-1.5%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Cote d'Ivoire and Morocco increased by +19 and +1.8 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest ethylene polymer rigid pipes supplier in Africa, comprising 42% of total exports. The second position in the ranking was held by Ghana ($X), with a 19% share of total exports. It was followed by Cote d'Ivoire, with a 16% 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: Ghana (+4.9% per year) and Cote d'Ivoire (+18.3% per year).

Export Prices by Country

In 2021, the export price in Africa amounted to $X per ton, picking up by 21% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Morocco ($X per ton), while Cote d'Ivoire ($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 (+23.0%), while the other leaders experienced more modest paces of growth.

Imports of Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene

Imports in Africa

In 2021, approx. X tons of rigid tubes, pipes and hoses of polymers of ethylene were imported in Africa; increasing by 9.2% on 2020 figures. The total import volume increased at an average annual rate of +1.8% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 with an increase of 19% against the previous year. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in the immediate term.

In value terms, ethylene polymer rigid pipes imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +1.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of import peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Democratic Republic of the Congo (X tons), distantly followed by Nigeria (X tons), Morocco (X tons), Burkina Faso (X tons) and Algeria (X tons) represented the main importers of rigid tubes, pipes and hoses of polymers of ethylene, together making up 41% of total imports. The following importers - Egypt (X tons), Mozambique (X tons), Zambia (X tons), Rwanda (X tons), Tanzania (X tons), Senegal (X tons), Benin (X tons) and Cote d'Ivoire (X tons) - together made up 26% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Mozambique (with a CAGR of +28.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Morocco ($X), Democratic Republic of the Congo ($X) and Burkina Faso ($X) were the countries with the highest levels of imports in 2021, together comprising 33% of total imports. Algeria, Egypt, Nigeria, Mozambique, Senegal, Zambia, Rwanda, Cote d'Ivoire, Tanzania and Benin lagged somewhat behind, together accounting for a further 36%.

Mozambique, with a CAGR of +27.8%, recorded the highest growth rate of the value of imports, in terms of 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

The import price in Africa stood at $X per ton in 2021, increasing by 11% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, import prices reached the maximum at $X per ton in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Morocco ($X per ton), while Nigeria ($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 (+7.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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