Africa: Metal Tapping Tools Market 2020

Metal Tapping Tools Market Size in Africa

The revenue of the metal tapping tools market in Africa amounted to $X in 2017, falling by -X% against the previous year. The metal tapping tools consumption continues to indicate a perceptible slump. The pace of growth was the most pronounced in 2010, when it surged by X% y-o-y. In that year, the metal tapping tools market reached their peak level of $X. From 2011 to 2017, growth of the metal tapping tools market stood at a somewhat lower level.

Metal Tapping Tools Production in Africa

The metal tapping tools production amounted to X units in 2017, standing approx. at the previous year. The metal tapping tools production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016, when it surged by X% year-to-year. In that year, the metal tapping tools production attained their peak volume of X units, leveling off in the following year.

Metal Tapping Tools Exports in Africa

The exports amounted to X units in 2017, growing by X% against the previous year. The metal tapping tools exports continue to indicate a temperate reduction. The most prominent rate of growth was recorded in 2011, when it surged by X% year-to-year. Over the period under review, the metal tapping tools exports attained its peak figure volume of X units in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, metal tapping tools exports stood at $X in 2017. The metal tapping tools exports continue to indicate a drastic drop. The level of exports peaked of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Metal Tapping Tools Exports by Country in Africa

The exports of the one major exporters of tapping tools for working metal, namely South Africa, represented more than two-thirds of total export.

South Africa was also the fastest growing in terms of the tapping tools for working metal exports, with a CAGR of -X% from 2007 to 2017. South Africa (X%) significantly strengthened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) also remains the largest metal tapping tools supplier in Africa.

From 2007 to 2017, the average annual growth rate of value in South Africa stood at -X%.

Metal Tapping Tools Export Prices by Country in Africa

In 2017, the metal tapping tools export price in Africa amounted to $X per unit, shrinking by -X% against the previous year. The metal tapping tools export price continues to indicate a significant drop. The pace of growth appeared the most rapid in 2010, when it surged by X% y-o-y. In that year, the export prices for tapping tools for working metal reached their peak level of $X per unit. From 2011 to 2017, growth of the export prices for tapping tools for working metal stood at a somewhat lower level.

As there is only one major export destination, the average price level is determined by export prices for South Africa.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by South Africa (-X% per year).

Metal Tapping Tools Imports in Africa

In 2017, imports of tapping tools for working metal in Africa totaled X units, waning by -X% against the previous year. The metal tapping tools imports continue to indicate a noticeable drop. The pace of growth appeared the most rapid in 2011, with an increase of X% y-o-y. The volume of imports peaked of X units in 2009; however, from 2010 to 2017, it failed to regain its momentum.

In value terms, metal tapping tools imports amounted to $X in 2017. The metal tapping tools imports continue to indicate a relatively flat trend pattern. The level of imports peaked of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Metal Tapping Tools Imports by Country in Africa

In 2017, South Africa (X units), distantly followed by Egypt (X units), Algeria (X units), Kenya (X units), Tunisia (X units) and Ethiopia (X units) represented the major importers of tapping tools for working metal, together constituting X% of total imports. The following importers - Morocco (X units), Zimbabwe (X units), Ghana (X units), Botswana (X units) and Angola (X units) together made up X% of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Ethiopia (+X% per year), while the other leaders experienced mixed trends in the imports figures.

In value terms, South Africa ($X) constitutes the largest market for imported tapping tools for working metal in Africa, making up X% of global imports. The second position in the ranking was occupied by Algeria ($X), with a X% share of global imports. It was followed by Egypt, with a X% share.

In South Africa, metal tapping tools imports decreased by an average annual rate of -X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Algeria (+X% per year) and Egypt (+X% per year).

Metal Tapping Tools Import Prices by Country in Africa

The metal tapping tools import price in Africa stood at $X per unit in 2017, coming up by X% against the previous year. The import price indicated a noticeable expansion from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the metal tapping tools import price increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2010, an increase of X% y-o-y. Over the period under review, the import prices for tapping tools for working metal reached its maximum level in 2017, and is likely to see steady growth in the near future.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Morocco ($X per unit), while Kenya ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Zimbabwe (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform