Africa: Market for Plastics Pipes And Pipe Fittings 2024

Market Size for Plastics Pipes And Pipe Fittings in Africa

The African market for plastics pipes and pipe fittings was estimated at $X in 2023, surging by X% against the previous year. The total consumption indicated a strong expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2021 indices. The level of consumption peaked at $X in 2021; however, from 2022 to 2023, consumption remained at a lower figure.

Production of Plastics Pipes And Pipe Fittings in Africa

In value terms, plastics pipe and pipe fitting production stood at $X in 2023 estimated in export price. In general, production recorded a strong expansion. The pace of growth was the most pronounced in 2015 with an increase of X%. The level of production peaked at $X in 2021; however, from 2022 to 2023, production stood at a somewhat lower figure.

Exports of Plastics Pipes And Pipe Fittings

Exports in Africa

In 2023, plastics pipe and pipe fitting exports in Africa expanded markedly to X tons, increasing by X% compared with the previous year. The total export volume increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The volume of export peaked in 2023 and is expected to retain growth in the immediate term.

In value terms, plastics pipe and pipe fitting exports reduced to $X in 2023. Overall, exports recorded a strong expansion. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2022, and then declined slightly in the following year.

Exports by Country

The shipments of the six major exporters of plastics pipes and pipe fittings, namely South Africa, Egypt, Cote d'Ivoire, Ghana, Botswana and Morocco, represented more than two-thirds of total export. Tunisia (X tons) and Kenya (X tons) followed a long way behind the leaders.

From 2012 to 2023, the biggest increases were recorded for Morocco (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest plastics pipe and pipe fitting supplying countries in Africa were Egypt ($X), South Africa ($X) and Tunisia ($X), together comprising X% of total exports. Cote d'Ivoire, Ghana, Morocco, Botswana and Kenya lagged somewhat behind, together accounting for a further X%.

Morocco, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the export price in Africa amounted to $X per ton, with a decrease of X% against the previous year. Export price indicated a slight increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2015 an increase of X% against the previous year. The level of export peaked at $X per ton in 2022, and then reduced in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Tunisia ($X per ton), while Cote d'Ivoire ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Tunisia (X%), while the other leaders experienced more modest paces of growth.

Imports of Plastics Pipes And Pipe Fittings

Imports in Africa

In 2023, approx. X tons of plastics pipes and pipe fittings were imported in Africa; surging by X% on the previous year's figure. The total import volume increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2021; however, from 2022 to 2023, imports failed to regain momentum.

In value terms, plastics pipe and pipe fitting imports reduced to $X in 2023. The total import value increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, imports reached the maximum at $X in 2021; however, from 2022 to 2023, imports failed to regain momentum.

Imports by Country

The purchases of the twelve major importers of plastics pipes and pipe fittings, namely Morocco, Libya, Democratic Republic of the Congo, South Africa, Burkina Faso, Benin, Algeria, Nigeria, Tanzania, Zambia, Senegal and Botswana, represented more than half of total import. Mali (X tons) followed a long way behind the leaders.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Benin (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Morocco ($X) constitutes the largest market for imported plastics pipes and pipe fittings in Africa, comprising X% of total imports. The second position in the ranking was held by Libya ($X), with a X% share of total imports. It was followed by South Africa, with a X% share.

In Morocco, plastics pipe and pipe fitting imports increased at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Libya (X% per year) and South Africa (X% per year).

Import Prices by Country

The import price in Africa stood at $X per ton in 2023, waning by X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2022, and then shrank in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Morocco ($X per ton), while Burkina Faso ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Benin (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform