Africa: Welded Sections Market 2020

Welded Sections Market Size in Africa

The revenue of the welded sections market in Africa amounted to $X in 2017, falling by -X% against the previous year. The welded sections consumption continues to indicate an outstanding expansion. The most prominent rate of growth was recorded in 2008, when market value increased by X% against the previous year. Over the period under review, the welded sections market attained its peak figure level of $X in 2016, and then declined slightly in the following year.

Welded Sections Production in Africa

In 2017, approx. X tons of welded sections were produced in Africa; therefore, remained relatively stable against the previous year. The welded sections production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008, with an increase of X% year-to-year. The volume of welded sections production peaked in 2017, and is expected to retain its growth in the immediate term.

Welded Sections Exports in Africa

In 2017, the amount of welded sections exported in Africa stood at X tons, shrinking by -X% against the previous year. The welded sections exports continue to indicate an abrupt shrinkage. The pace of growth was the most pronounced in 2009, when it surged by -X% year-to-year. Over the period under review, the welded sections exports reached its maximum volume of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, welded sections exports amounted to $X in 2017. The welded sections exports continue to indicate a deep drop. Over the period under review, the welded sections exports reached its peak figure level of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Welded Sections Exports by Country in Africa

Libya dominates welded sections exports structure, accounting for X tons, which was approx. X% of total exports in 2017. South Africa (X tons), Egypt (X tons) and Madagascar (X tons) took the mild share of total exports.

From 2007 to 2017, average annual rates of growth with regard to welded sections exports from Libya stood at -X%. At the same time, Madagascar (+X%) displayed positive paces of growth. Moreover, Madagascar emerged as the fastest growing exporter in Africa, with a CAGR of +X% from 2007-2017. By contrast, Egypt (-X%) and South Africa (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Libya, South Africa and Egypt increased by X%, X% and X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Libya ($X) remains the largest welded sections supplier in Africa, making up X% of global exports. The second position in the ranking was occupied by South Africa ($X), with a X% share of global exports. It was followed by Madagascar, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in Libya amounted to -X%. In the other countries, the average annual rates were as follows: South Africa (-X% per year) and Madagascar (+X% per year).

Welded Sections Export Prices by Country in Africa

The welded sections export price in Africa stood at $X per ton in 2017, falling by -X% against the previous year. The export price indicated a remarkable increase 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 welded sections export price increased by +X% against 2007 indices. The pace of growth was the most pronounced in 2016, when it surged by X% against the previous year. In that year, the export prices for welded sections attained their peak level of $X per ton, and then declined slightly in the following year.

Export prices varied noticeably by the country of destination; the country with the highest export price was South Africa ($X per ton), while Libya ($X per ton) was amongst the lowest.

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

Welded Sections Imports in Africa

In 2017, imports of welded sections in Africa stood at X tons, approximately reflecting the previous year. The welded sections imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016, with an increase of X% against the previous year. The volume of imports peaked of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, welded sections imports amounted to $X in 2017. The welded sections imports continue to indicate a slight setback. Over the period under review, the welded sections imports reached its maximum level of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Welded Sections Imports by Country in Africa

Mauritania (X tons), Algeria (X tons), Nigeria (X tons) and Egypt (X tons) represented roughly X% of total imports of welded sections in 2017. It was distantly followed by Ethiopia (X tons), comprising X% share of total imports. Zimbabwe (X tons), Lesotho (X tons), Senegal (X tons), Zambia (X tons), Morocco (X tons), Namibia (X tons) and Botswana (X tons) followed a long way behind the leaders.

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

In value terms, Algeria ($X) constitutes the largest market for imported welded sections in Africa, making up X% of global imports. The second position in the ranking was occupied by Nigeria ($X), with a X% share of global imports. It was followed by Ethiopia, with a X% share.

In Algeria, welded sections imports increased at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Nigeria (+X% per year) and Ethiopia (+X% per year).

Welded Sections Import Prices by Country in Africa

The welded sections import price in Africa stood at $X per ton in 2017, reducing by -X% against the previous year. The welded sections import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2012, when it surged by X% against the previous year. Over the period under review, the import prices for welded sections reached its maximum level of $X per ton in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Algeria ($X per ton), while Egypt ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform