Africa: Electrical Strip Market 2020

Electrical Strip Market Size in Africa

The revenue of the electrical strip market in Africa amounted to $X in 2017, falling by -X% against the previous year. The total market indicated a temperate expansion from 2007 to 2017: its value 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 electrical strip consumption decreased by -X% against 2015 indices. The pace of growth appeared the most rapid in 2011, when it surged by X% year-to-year. Over the period under review, the electrical strip market reached its peak figure level of $X in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Electrical Strip Production in Africa

The electrical strip production totaled X tons in 2017, picking up by X% against the previous year. The electrical strip production continues to indicate an abrupt shrinkage. The growth pace was the most rapid in 2010, when the output figure increased by X% y-o-y. The volume of electrical strip production peaked of X tons in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Electrical Strip Exports in Africa

The exports stood at X tons in 2017, rising by X% against the previous year. The total exports indicated a perceptible increase from 2007 to 2017: its volume 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 electrical strip exports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2010, when exports increased by X% year-to-year. Over the period under review, the electrical strip exports attained its peak figure volume of X tons in 2011; however, from 2012 to 2017, it failed to regain its momentum.

In value terms, electrical strip exports totaled $X in 2017. The total exports indicated a temperate expansion from 2007 to 2017: its value 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 electrical strip exports increased by +X% against 2015 indices. Over the period under review, the electrical strip exports attained its maximum level of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Electrical Strip Exports by Country in Africa

Egypt (X tons) and South Africa (X tons) prevails in electrical strip exports structure, together making up X% of total exports. Senegal (X tons) took a X% share (based on tons) of total exports, which put it in second place, followed by Kenya (X%).

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

In value terms, the largest electrical strip markets worldwide were South Africa ($X), Egypt ($X) and Senegal ($X), together comprising X% of total exports.

In terms of the main exporting countries , Egypt (+X% per year) experienced the highest rates of growth with regard to exports, over the last decade, while the other leaders experienced more modest paces of growth.

Electrical Strip Export Prices by Country in Africa

The electrical strip export price in Africa stood at $X per ton in 2017, going up by X% against the previous year. The electrical strip export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011, when the export prices increased by X% year-to-year. Over the period under review, the export prices for electrical sheet and strip reached its peak figure level of $X per ton in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was South Africa ($X per ton), while Egypt ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by South Africa (+X% per year), while the other leaders experienced a decline in the export price figures.

Electrical Strip Imports in Africa

In 2017, electrical strip imports in Africa amounted to X tons, surging by X% against the previous year. The total import volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2017, when it surged by X% year-to-year. In that year, the electrical strip imports attained their peak volume, and are likely to continue its growth in the immediate term.

In value terms, electrical strip imports amounted to $X in 2017. The electrical strip imports continue to indicate a relatively flat trend pattern. Over the period under review, the electrical strip imports reached its maximum level of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Electrical Strip Imports by Country in Africa

Algeria was the main importer of electrical sheet and strip in Africa, with the volume of imports accounting for X tons, which was near X% of total imports in 2017. Nigeria (X tons) took a X% share (based on tons) of total imports, which put it in second place, followed by South Africa (X%), Sudan (X%), Ethiopia (X%) and Egypt (X%). Morocco (X tons), Ghana (X tons), Kenya (X tons), Burkina Faso (X tons), Zimbabwe (X tons) and Togo (X tons) followed a long way behind the leaders.

Algeria was also the fastest growing in terms of the electrical sheet and strip imports, with a CAGR of +X% from 2007 to 2017. At the same time, Ghana (+X%), Kenya (+X%), Burkina Faso (+X%), South Africa (+X%), Zimbabwe (+X%), Ethiopia (+X%), Morocco (+X%) and Sudan (+X%) displayed positive paces of growth. By contrast, Togo (-X%), Nigeria (-X%) and Egypt (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Nigeria and Egypt increased by X% and X% percentage points, while Sudan (-X%), Ghana (-X%), Ethiopia (-X%), South Africa (-X%) and Algeria (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest electrical strip markets worldwide were Nigeria ($X), South Africa ($X) and Algeria ($X), with a combined X% share of total imports.

Among the main importing countries , Algeria (+X% per year) recorded the highest growth rate of imports, over the last decade, while the other leaders experienced more modest paces of growth.

Electrical Strip Import Prices by Country in Africa

The electrical strip import price in Africa stood at $X per ton in 2017, dropping by -X% against the previous year. The electrical strip import price continues to indicate a moderate shrinkage. The pace of growth appeared the most rapid in 2008, when it surged by X% y-o-y. Over the period under review, the import prices for electrical sheet and strip reached its maximum level of $X per ton in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Nigeria ($X per ton), while Algeria ($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 Nigeria (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform