Africa's Bridge and Tower Market Growth Forecast
The market for bridges, bridge sections, towers, and lattice masts made of iron or steel in Africa is projected to steadily grow from 2024 through 2035.
Market Volume and Value Projections
- The volume is expected to increase from 687,000 tons in 2024 to 801,000 tons by 2035, reflecting a compound annual growth rate (CAGR) of 1.4%.
- Market value will rise from $1.7 billion in 2024 to $2.3 billion in 2035, with a CAGR of 2.6%.
Key Players and Trade Dynamics
Egypt, South Africa, and Angola lead as the main consumers and producers, accounting for more than half of the market share.
- Imports reached 224,000 tons valued at $583 million in 2024, mostly iron or steel towers and lattice masts.
- Exports were 30,000 tons worth $81 million the same year.
Growth Opportunities and Market Trends
Senegal and Niger are emerging as important growth markets, showing strong import CAGRs.
The analysis highlights consumption, production, import-export flows, and price movements across African countries.
Driven by rising demand for bridges, bridge sections, towers, and lattice masts made from iron or steel, the African market is expected to continue its consumption growth in the coming decade.
IndexBox recently published this detailed market forecast and analysis covering volume, value, trade, and country-specific trends.
Author's Summary
The African iron and steel structures market for bridges and towers is set for steady growth, led by key countries and rising import demand.
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