Africa: Cast Steel Pipe Fittings Market 2020

Cast Steel Pipe Fittings Market Size in Africa

The revenue of the cast steel pipe fittings market in Africa amounted to $X in 2017, rising by X% against the previous year. The total market indicated a tangible growth 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. The pace of growth appeared the most rapid in 2014, when market value increased by X% year-to-year. In that year, the cast steel pipe fittings market reached their peak level of $X. From 2015 to 2017, growth of the cast steel pipe fittings market failed to regain its momentum.

Cast Steel Pipe Fittings Production in Africa

In 2017, the amount of tube or pipe fittings of cast steel produced in Africa stood at X tons, coming up by X% against the previous year. The cast steel pipe fittings production continues to indicate a mild deduction. The pace of growth appeared the most rapid in 2017, when it surged by X% against the previous year. Over the period under review, the cast steel pipe fittings production reached its maximum volume of X tons in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Cast Steel Pipe Fittings Exports in Africa

In 2017, the amount of tube or pipe fittings of cast steel exported in Africa totaled X tons, flattening at the previous year. The cast steel pipe fittings exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014, with an increase of X% y-o-y. The volume of exports peaked of X tons in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

In value terms, cast steel pipe fittings exports stood at $X in 2017. The total exports indicated a mild growth from 2007 to 2017: its value decreased 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 cast steel pipe fittings exports increased by +X% against 2010 indices. The level of exports peaked in 2017, and are likely to continue its growth in the near future.

Cast Steel Pipe Fittings Exports by Country in Africa

South Africa dominates cast steel pipe fittings exports structure, finishing at X tons, which was near X% of total exports in 2017. The following exporters - Egypt (X tons) and Nigeria (X tons) each recorded a X% share of total exports.

South Africa was also the fastest growing in terms of the tube or pipe fittings of cast steel exports, with a CAGR of +X% from 2007 to 2017. Egypt (-X%) and Nigeria (-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 South Africa (-X%) saw their share reduced.

In value terms, South Africa ($X) remains the largest cast steel pipe fittings supplier in Africa, making up X% of global exports. The second position in the ranking was occupied by Nigeria ($X), with a X% share of global exports. It was followed by Egypt, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in South Africa stood at +X%. In the other countries, the average annual rates were as follows: Nigeria (+X% per year) and Egypt (-X% per year).

Cast Steel Pipe Fittings Export Prices by Country in Africa

The cast steel pipe fittings export price in Africa stood at $X per ton in 2017, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2016, when the export prices increased by X% against the previous year. The level of export price peaked in 2017, and is likely to see steady growth in the near future.

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

Cast Steel Pipe Fittings Imports in Africa

In 2017, imports of tube or pipe fittings of cast steel in Africa amounted to X tons, coming down by -X% against the previous year. The cast steel pipe fittings imports continue to indicate a prominent increase. The pace of growth was the most pronounced in 2012, with an increase of X% year-to-year. Over the period under review, the cast steel pipe fittings imports reached its peak figure volume of X tons in 2015; however, from 2016 to 2017, it failed to regain its momentum.

In value terms, cast steel pipe fittings imports totaled $X in 2017. The cast steel pipe fittings imports continue to indicate a moderate contraction. Over the period under review, the cast steel pipe fittings imports reached its maximum level of $X in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Cast Steel Pipe Fittings Imports by Country in Africa

Egypt prevails in cast steel pipe fittings imports structure, reaching X tons, which was approx. X% of total imports in 2017. It was distantly followed by South Africa (X tons), committing X% share of total imports. The following importers - Ethiopia (X tons), Morocco (X tons), Nigeria (X tons), Algeria (X tons) and Botswana (X tons) together made up X% of total imports.

Egypt was also the fastest growing in terms of the tube or pipe fittings of cast steel imports, with a CAGR of +X% from 2007 to 2017. At the same time, South Africa (+X%), Morocco (+X%) and Botswana (+X%) displayed positive paces of growth. Nigeria experienced a relatively flat trend pattern. By contrast, Algeria (-X%) and Ethiopia (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Ethiopia and Algeria increased by X% and X% percentage points, while South Africa (-X%) and Egypt (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Egypt ($X) constitutes the largest market for imported tube or pipe fittings of cast steel in Africa, making up X% of global imports. The second position in the ranking was occupied by South Africa ($X), with a X% share of global imports. It was followed by Morocco, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Egypt stood at -X%. In the other countries, the average annual rates were as follows: South Africa (+X% per year) and Morocco (+X% per year).

Cast Steel Pipe Fittings Import Prices by Country in Africa

In 2017, the cast steel pipe fittings import price in Africa amounted to $X per ton, coming up by X% against the previous year. The cast steel pipe fittings import price continues to indicate an abrupt deduction. The most prominent rate of growth was recorded in 2017, when it surged by X% y-o-y. The level of import price peaked of $X per ton in 2007; however, from 2008 to 2017, it failed to regain its momentum.

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

Source: IndexBox Platform