Africa: Table Flatware Market 2024

Table Flatware Market Size in Africa

The African table flatware market shrank slightly to $X in 2022, declining by -2.2% against the previous year. The market value increased at an average annual rate of +1.3% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Table Flatware Production in Africa

In value terms, table flatware production contracted modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2014 when the production volume increased by 38% against the previous year. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Table Flatware Exports

Exports in Africa

In 2022, overseas shipments of table flatware were finally on the rise to reach X tons for the first time since 2017, thus ending a four-year declining trend. Overall, exports, however, recorded a deep reduction. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, table flatware exports soared to $X in 2022. In general, exports, however, showed a abrupt slump. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, South Africa (X tons), distantly followed by Egypt (X tons) and Rwanda (X tons) were the key exporters of table flatware, together comprising 79% of total exports. Cameroon (X tons), Benin (X tons), Kenya (X tons) and Togo (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Rwanda (with a CAGR of +61.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X), Egypt ($X) and Kenya ($X) appeared to be the countries with the highest levels of exports in 2022, together accounting for 90% of total exports. Rwanda, Cameroon, Togo and Benin lagged somewhat behind, together comprising a further 4%.

Rwanda, with a CAGR of +35.0%, 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 2022, the export price in Africa amounted to $X per ton, declining by -22.8% against the previous year. Over the period under review, the export price continues to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2020 when the export price increased by 20% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Egypt ($X per ton), while Benin ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+2.1%), while the other leaders experienced a decline in the export price figures.

Table Flatware Imports

Imports in Africa

In 2022, imports of table flatware in Africa shrank to X tons, declining by -8.4% compared with the previous year's figure. Overall, imports saw a noticeable decline. The most prominent rate of growth was recorded in 2018 with an increase of 38%. Over the period under review, imports attained the peak figure at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, table flatware imports reduced to $X in 2022. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of 40%. Over the period under review, imports attained the maximum at $X in 2021, and then reduced in the following year.

Imports by Country

In 2022, South Africa (X tons) and Algeria (X tons) were the key importers of table flatware in Africa, together finishing at near 26% of total imports. Morocco (X tons) ranks next in terms of the total imports with a 5.4% share, followed by Libya (4.9%), Cote d'Ivoire (4.8%), Ethiopia (4.7%) and Kenya (4.6%). Senegal (X tons), Ghana (X tons), Angola (X tons), Cameroon (X tons), Djibouti (X tons) and Rwanda (X tons) held a minor share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Senegal (with a CAGR of +25.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Algeria ($X), South Africa ($X) and Libya ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined 31% share of total imports. Ghana, Morocco, Cote d'Ivoire, Senegal, Cameroon, Angola, Djibouti, Ethiopia, Kenya and Rwanda lagged somewhat behind, together comprising a further 41%.

Among the main importing countries, Senegal, with a CAGR of +27.7%, 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

In 2022, the import price in Africa amounted to $X per ton, shrinking by -5.8% against the previous year. Over the last decade, it increased at an average annual rate of +3.3%. The most prominent rate of growth was recorded in 2015 an increase of 26%. Over the period under review, import prices reached the maximum at $X per ton in 2021, and then shrank in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Ghana ($X per ton), while Rwanda ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cameroon (+7.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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