
ECOWAS - Tube or Pipe Fittings (Of Iron or Steel) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingECOWAS: Market for Tube Or Pipe Fittings (Of Iron Or Steel) 2025
Market Size for Tube Or Pipe Fittings (Of Iron Or Steel) in ECOWAS
The ECOWAS market for tube or pipe fittings (of iron or steel) surged to $X in 2022, jumping by 49% against the previous year. Over the period under review, consumption showed a prominent expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.
Production of Tube Or Pipe Fittings (Of Iron Or Steel) in ECOWAS
In value terms, iron or steel tube fitting production reached $X in 2022 estimated in export price. In general, production, however, continues to indicate a prominent expansion. The pace of growth appeared the most rapid in 2017 when the production volume increased by 82%. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.
Exports of Tube Or Pipe Fittings (Of Iron Or Steel)
Exports in ECOWAS
For the third year in a row, ECOWAS recorded decline in shipments abroad of tube or pipe fittings (of iron or steel), which decreased by -0.7% to X tons in 2022. Total exports indicated notable growth from 2012 to 2022: its volume increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -17.0% against 2019 indices. The pace of growth appeared the most rapid in 2019 when exports increased by 93% against the previous year. As a result, the exports reached the peak of X tons. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, iron or steel tube fitting exports reduced modestly to $X in 2022. In general, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of 66%. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.
Exports by Country
In 2022, Cote d'Ivoire (X tons), distantly followed by Benin (X tons), Senegal (X tons), Ghana (X tons) and Nigeria (X tons) represented the largest exporters of tube or pipe fittings (of iron or steel), together committing 89% of total exports. Niger (X tons) and Burkina Faso (X tons) followed a long way behind the leaders.
From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Benin (with a CAGR of +43.6%), while the other leaders experienced more modest paces of growth.
In value terms, Cote d'Ivoire ($X) remains the largest iron or steel tube fitting supplier in ECOWAS, comprising 42% of total exports. The second position in the ranking was taken by Ghana ($X), with a 20% share of total exports. It was followed by Senegal, with a 12% share.
From 2012 to 2022, the average annual growth rate of value in Cote d'Ivoire totaled +28.4%. The remaining exporting countries recorded the following average annual rates of exports growth: Ghana (-3.5% per year) and Senegal (+1.3% per year).
Export Prices by Country
In 2022, the export price in ECOWAS amounted to $X per ton, declining by -4.1% against the previous year. Overall, the export price showed a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 an increase of 33%. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Ghana ($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 Senegal (+0.4%), while the other leaders experienced a decline in the export price figures.
Imports of Tube Or Pipe Fittings (Of Iron Or Steel)
Imports in ECOWAS
In 2022, iron or steel tube fitting imports in ECOWAS skyrocketed to X tons, rising by 63% against the previous year. Over the period under review, imports continue to indicate a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, iron or steel tube fitting imports surged to $X in 2022. Total imports indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +69.3% against 2020 indices. The pace of growth appeared the most rapid in 2019 with an increase of 80% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.
Imports by Country
Nigeria dominates imports structure, accounting for X tons, which was approx. 75% of total imports in 2022. It was distantly followed by Niger (X tons), committing a 5.1% share of total imports. The following importers - Ghana (X tons), Cote d'Ivoire (X tons), Senegal (X tons), Guinea (X tons) and Burkina Faso (X tons) - together made up 16% of total imports.
From 2012 to 2022, average annual rates of growth with regard to iron or steel tube fitting imports into Nigeria stood at +11.0%. At the same time, Niger (+20.1%), Cote d'Ivoire (+13.8%), Senegal (+9.4%) and Burkina Faso (+3.9%) displayed positive paces of growth. Moreover, Niger emerged as the fastest-growing importer imported in ECOWAS, with a CAGR of +20.1% from 2012-2022. Guinea and Ghana experienced a relatively flat trend pattern. While the share of Nigeria (+8.7 p.p.) and Niger (+3 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Guinea (-2.2 p.p.) and Ghana (-6.2 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Nigeria ($X) constitutes the largest market for imported tube or pipe fittings (of iron or steel) in ECOWAS, comprising 62% of total imports. The second position in the ranking was held by Niger ($X), with an 8.2% share of total imports. It was followed by Cote d'Ivoire, with a 7% share.
In Nigeria, iron or steel tube fitting imports expanded at an average annual rate of +2.2% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Niger (+17.7% per year) and Cote d'Ivoire (+13.4% per year).
Import Prices by Country
The import price in ECOWAS stood at $X per ton in 2022, declining by -24.9% against the previous year. Overall, the import price continues to indicate a abrupt contraction. The growth pace was the most rapid in 2019 when the import price increased by 49%. As a result, import price attained the peak level of $X per ton. From 2020 to 2022, the import prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Burkina Faso ($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 Guinea (+1.1%), while the other leaders experienced mixed trends in the import price figures.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for iron or steel tube fitting in ECOWAS. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 24204010 - Flanges, of steel (excluding cast fittings)
- Prodcom 24204030 - Elbows, bends, couplings, sleeves and other threaded tube or pipe fittings, of steel (excluding cast fittings)
- Prodcom 24204050 - Elbows, bends, couplings and sleeves and other socket welding tube or pipe fittings, of steel (excluding cast fittings)
- Prodcom 24204073 - Butt welding elbows and bends, for tubes or pipes, of steel (excluding cast fittings)
- Prodcom 24204075 - Butt welding tube or pipe fittings, other than elbows and bends, of steel (excluding cast fittings)
- Prodcom 24513030 - Tube or pipe fittings, of non-malleable cast iron
- Prodcom 24513050 - Tube or pipe fittings of malleable cast iron
- Prodcom 24523000 - Tube or pipe fittings of cast steel
Country coverage:
- Benin
- Burkina Faso
- Cabo Verde
- Gambia
- Ghana
- Guinea
- Guinea-Bissau
- Liberia
- Mali
- Niger
- Nigeria
- Senegal
- Sierra Leone
- Togo
- Cote d'Ivoire
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in ECOWAS, split by region and country
- Trade (exports and imports) in ECOWAS
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Benin
- Burkina Faso
- Cabo Verde
- Gambia
- Ghana
- Guinea
- Guinea-Bissau
- Liberia
- Mali
- Niger
- Nigeria
- Senegal
- Sierra Leone
- Togo
- Cote d'Ivoire
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LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption, By Country, 2018–2024
- Production, In Physical Terms, By Country, 2012–2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Destination, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Origin, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Consumption, By Country, 2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Production, By Country, 2024
- Production, In Physical Terms, By Country, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, 2012–2024
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