Africa: Unwrought Tin Alloys Market 2024

Unwrought Tin Alloys Market Size in Africa

In 2022, the African unwrought tin alloys market increased by X% to $X, rising for the second year in a row after two years of decline. Overall, consumption, however, saw a pronounced descent. Over the period under review, the market reached the maximum level at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Unwrought Tin Alloys Production in Africa

In value terms, unwrought tin alloys production contracted slightly to $X in 2022 estimated in export price. In general, production continues to indicate a deep contraction. The pace of growth was the most pronounced in 2018 when the production volume increased by X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Unwrought Tin Alloys Exports

Exports in Africa

In 2022, exports of unwrought tin alloys in Africa shrank dramatically to X tons, falling by X% against the previous year. Overall, exports saw a sharp shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, unwrought tin alloys exports declined remarkably to $X in 2022. In general, exports recorded a dramatic decline. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Nigeria (X tons) represented the largest exporter of unwrought tin alloys, mixing up X% of total exports. It was distantly followed by Tunisia (X tons), making up a X% share of total exports. South Africa (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to unwrought tin alloys exports from Nigeria stood at X%. At the same time, South Africa (X%) displayed positive paces of growth. Moreover, South Africa emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. By contrast, Tunisia (X%) illustrated a downward trend over the same period. Tunisia (X p.p.) and South Africa (X p.p.) significantly strengthened its position in terms of the total exports, while Nigeria saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Tunisia ($X), Nigeria ($X) and South Africa ($X) were the countries with the highest levels of exports in 2022, together comprising X% of total exports.

In terms of the main exporting countries, South Africa, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The export price in Africa stood at $X per ton in 2022, with an increase of X% against the previous year. Export price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the export prices remained at a lower figure.

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

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

Unwrought Tin Alloys Imports

Imports in Africa

Unwrought tin alloys imports skyrocketed to X tons in 2022, increasing by X% against the previous year. Over the period under review, imports, however, recorded a perceptible decline. The pace of growth was the most pronounced in 2013 with an increase of X%. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, unwrought tin alloys imports expanded remarkably to $X in 2022. Overall, imports, however, continue to indicate a perceptible slump. The pace of growth appeared the most rapid in 2013 with an increase of X%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Angola (X tons), Zambia (X tons) and Tunisia (X tons) represented roughly X% of total imports in 2022. It was distantly followed by Algeria (X tons), Egypt (X tons) and Tanzania (X tons), together creating an X% share of total imports. Morocco (X tons) followed a long way behind the leaders.

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

In value terms, Tunisia ($X) constitutes the largest market for imported unwrought tin alloys in Africa, comprising X% of total imports. The second position in the ranking was taken by Morocco ($X), with a X% share of total imports. It was followed by Egypt, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Tunisia totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: Morocco (X% per year) and Egypt (X% per year).

Import Prices by Country

The import price in Africa stood at $X per ton in 2022, shrinking by X% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the import price increased by X%. Over the period under review, import prices hit record highs at $X per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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