Tunisia: Mill Rolling Roll Market 2024

Mill Rolling Roll Market Size in Tunisia

The Tunisian mill rolling roll market fell markedly to $X in 2022, with a decrease of -79.4% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption showed a dramatic shrinkage. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Mill Rolling Roll Exports

Exports from Tunisia

Mill rolling roll exports from Tunisia soared to X units in 2022, with an increase of 88% compared with the previous year. Over the period under review, exports, however, faced a deep setback. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, mill rolling roll exports surged to $X in 2022. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when exports increased by 108%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Turkey (X units) was the main destination for mill rolling roll exports from Tunisia, with a 91% share of total exports. Moreover, mill rolling roll exports to Turkey exceeded the volume sent to the second major destination, Italy (X units), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Turkey amounted to +11.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (-4.0% per year) and France (0.0% per year).

In value terms, Turkey ($X) remains the key foreign market for rolls for rolling mills exports from Tunisia, comprising 75% of total exports. The second position in the ranking was held by Italy ($X), with a 25% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Turkey stood at +19.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+5.9% per year) and France (+5.1% per year).

Export Prices by Country

The average mill rolling roll export price stood at $X per unit in 2022, increasing by 4.3% against the previous year. In general, the export price posted resilient growth. The most prominent rate of growth was recorded in 2013 an increase of 127%. Over the period under review, the average export prices reached the maximum at $X per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per unit), while the average price for exports to France ($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 Italy (+10.3%), while the prices for the other major destinations experienced more modest paces of growth.

Mill Rolling Roll Imports

Imports into Tunisia

In 2022, approx. X units of rolls for rolling mills were imported into Tunisia; shrinking by -70.4% compared with the previous year. Over the period under review, imports faced a abrupt setback. The most prominent rate of growth was recorded in 2014 when imports increased by 147% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, mill rolling roll imports contracted significantly to $X in 2022. Overall, imports showed a abrupt decline. The most prominent rate of growth was recorded in 2014 when imports increased by 155% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

Turkey (X units), Italy (X units) and India (X units) were the main suppliers of mill rolling roll imports to Tunisia, with a combined 91% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +8.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), Italy ($X) and India ($X) were the largest mill rolling roll suppliers to Tunisia, together comprising 96% of total imports. Spain, China, France and Germany lagged somewhat behind, together accounting for a further 3.9%.

In terms of the main suppliers, China, with a CAGR of +14.8%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average mill rolling roll import price stood at $X per unit in 2022, increasing by 105% against the previous year. Over the period under review, import price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+36.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform