Tunisia: Market for Iron Or Steel Anchors, Grapnels 2024

Market Size for Iron Or Steel Anchors, Grapnels in Tunisia

The Tunisian metal anchors and grapnels market declined to $X in 2022, reducing by -5.2% against the previous year. Overall, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Production of Iron Or Steel Anchors, Grapnels in Tunisia

In value terms, metal anchors and grapnels production reduced to $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of 27%. Over the period under review, production attained the maximum level at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Exports of Iron Or Steel Anchors, Grapnels

Exports from Tunisia

In 2022, overseas shipments of iron or steel anchors, grapnels were finally on the rise to reach X units after two years of decline. Over the period under review, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when exports increased by 57%. The exports peaked at X units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, metal anchors and grapnels exports surged to $X in 2022. In general, total exports indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +5.1% 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 -26.5% against 2019 indices. The pace of growth appeared the most rapid in 2018 with an increase of 27%. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

France (X units) was the main destination for metal anchors and grapnels exports from Tunisia, accounting for a 59% share of total exports. Moreover, metal anchors and grapnels exports to France exceeded the volume sent to the second major destination, Malta (X units), twofold. The United States (X units) ranked third in terms of total exports with a 6.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to France was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Malta (+39.8% per year) and the United States (-11.5% per year).

In value terms, France ($X) remains the key foreign market for iron or steel anchors, grapnels exports from Tunisia, comprising 70% of total exports. The second position in the ranking was taken by the United States ($X), with an 11% share of total exports. It was followed by Malta, with a 4.3% share.

From 2012 to 2022, the average annual growth rate of value to France amounted to +7.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-3.1% per year) and Malta (+38.7% per year).

Export Prices by Country

In 2022, the average metal anchors and grapnels export price amounted to $X per unit, with an increase of 18% against the previous year. In general, export price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, metal anchors and grapnels export price increased by +33.0% against 2017 indices. The pace of growth appeared the most rapid in 2017 when the average export price increased by 26% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Malta ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Algeria (+50.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron Or Steel Anchors, Grapnels

Imports into Tunisia

Metal anchors and grapnels imports into Tunisia fell significantly to X units in 2022, with a decrease of -43.9% on 2021. Over the period under review, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2019 with an increase of 3,376% against the previous year. Over the period under review, imports attained the peak figure at X units in 2021, and then contracted remarkably in the following year.

In value terms, metal anchors and grapnels imports declined significantly to $X in 2022. In general, imports, however, saw a significant increase. The growth pace was the most rapid in 2019 with an increase of 2,821%. Over the period under review, imports reached the maximum at $X in 2021, and then shrank remarkably in the following year.

Imports by Country

In 2022, the Netherlands (X units) constituted the largest metal anchors and grapnels supplier to Tunisia, accounting for a 59% share of total imports. Moreover, metal anchors and grapnels imports from the Netherlands exceeded the figures recorded by the second-largest supplier, the UK (X units), fourfold. The third position in this ranking was taken by Turkey (X units), with a 15% share.

From 2012 to 2022, the average annual growth rate of volume from the Netherlands stood at +67.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+67.7% per year) and Turkey (+84.7% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of iron or steel anchors, grapnels to Tunisia, comprising 59% of total imports. The second position in the ranking was held by France ($X), with a 12% share of total imports. It was followed by Italy, with a 7.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the Netherlands stood at +42.0%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+59.3% per year) and Italy (+20.9% per year).

Import Prices by Country

In 2022, the average metal anchors and grapnels import price amounted to $X per unit, standing approx. at the previous year. Over the period under review, the import price showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 when the average import price increased by 46%. The import price peaked at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per unit), while the price for the UK ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+22.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform