Tunisia: Market for Articles Of Non-Malleable Cast Iron 2024

Market Size for Articles Of Non-Malleable Cast Iron in Tunisia

The Tunisian non-malleable cast iron articles market fell slightly to $X in 2022, therefore, remained relatively stable against the previous year. In general, consumption, however, continues to indicate a perceptible descent. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Articles Of Non-Malleable Cast Iron in Tunisia

In value terms, non-malleable cast iron articles production expanded slightly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the production volume increased by 15% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Exports of Articles Of Non-Malleable Cast Iron

Exports from Tunisia

In 2022, the amount of articles of non-malleable cast iron exported from Tunisia expanded modestly to X tons, increasing by 3.5% compared with 2021 figures. Overall, exports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2020 with an increase of 66% against the previous year. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, non-malleable cast iron articles exports fell modestly to $X in 2022. Over the period under review, exports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 50% against the previous year. The exports peaked at $X in 2021, and then shrank in the following year.

Exports by Country

Italy (X tons) was the main destination for non-malleable cast iron articles exports from Tunisia, with a 85% share of total exports. Moreover, non-malleable cast iron articles exports to Italy exceeded the volume sent to the second major destination, Spain (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Italy totaled +7.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (0.0% per year) and France (-3.8% per year).

In value terms, Italy ($X) remains the key foreign market for articles of non-malleable cast iron exports from Tunisia, comprising 86% of total exports. The second position in the ranking was held by Spain ($X), with a 6.5% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Italy totaled +7.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (0.0% per year) and France (-4.3% per year).

Export Prices by Country

The average non-malleable cast iron articles export price stood at $X per ton in 2022, falling by -7.5% against the previous year. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 17% against the previous year. As a result, the export price reached the peak level of $X per ton, and then contracted in the following year.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (-0.0%).

Imports of Articles Of Non-Malleable Cast Iron

Imports into Tunisia

In 2022, supplies from abroad of articles of non-malleable cast iron decreased by -30.5% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, imports faced a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 159%. Over the period under review, imports attained the maximum at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, non-malleable cast iron articles imports dropped notably to $X in 2022. In general, imports saw a perceptible slump. The pace of growth appeared the most rapid in 2020 when imports increased by 154%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Turkey (X tons) constituted the largest supplier of non-malleable cast iron articles to Tunisia, accounting for a 87% share of total imports. Moreover, non-malleable cast iron articles imports from Turkey exceeded the figures recorded by the second-largest supplier, France (X tons), more than tenfold. The third position in this ranking was held by Portugal (X tons), with a 2.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Turkey amounted to -8.6%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-19.1% per year) and Portugal (+66.9% per year).

In value terms, Turkey ($X) constituted the largest supplier of articles of non-malleable cast iron to Tunisia, comprising 65% of total imports. The second position in the ranking was held by France ($X), with a 17% share of total imports. It was followed by Portugal, with an 8.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Turkey amounted to +1.4%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-12.2% per year) and Portugal (+48.7% per year).

Import Prices by Country

The average non-malleable cast iron articles import price stood at $X per ton in 2022, rising by 8.8% against the previous year. Overall, the import price enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2020 when the average import price increased by 98% against the previous year. As a result, import price attained the peak level of $X per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Portugal ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+16.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform