| Product Code: ETC5391559 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
From 2023 to 2024, Benin`s import trend for the iron casting market experienced a decline of -5.24%. However, the compound annual growth rate (CAGR) for the period 2020-2024 stood at 56.66%. This change could be attributed to fluctuations in global demand for iron casting products during the period under review.
The Iron Casting market in Benin is projected to grow at a high growth rate of 11.92% by 2027, highlighting the country's increasing focus on advanced technologies within the Africa region, where Egypt holds the dominant position, followed closely by South Africa, Ethiopia, Algeria and Nigeria, shaping overall regional demand.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Benin Iron Casting Market Overview |
3.1 Benin Country Macro Economic Indicators |
3.2 Benin Iron Casting Market Revenues & Volume, 2021 & 2031F |
3.3 Benin Iron Casting Market - Industry Life Cycle |
3.4 Benin Iron Casting Market - Porter's Five Forces |
3.5 Benin Iron Casting Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Benin Iron Casting Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Benin Iron Casting Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in construction and infrastructure projects driving demand for iron castings |
4.2.2 Increasing industrialization and manufacturing activities in Benin |
4.2.3 Rising investment in renewable energy projects requiring iron castings |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Competition from alternative materials such as aluminum and steel |
4.3.3 Lack of skilled labor and technical expertise in iron casting industry in Benin |
5 Benin Iron Casting Market Trends |
6 Benin Iron Casting Market Segmentations |
6.1 Benin Iron Casting Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Benin Iron Casting Market Revenues & Volume, By Malleable, 2021-2031F |
6.1.3 Benin Iron Casting Market Revenues & Volume, By Gray, 2021-2031F |
6.1.4 Benin Iron Casting Market Revenues & Volume, By Ductile, 2021-2031F |
6.2 Benin Iron Casting Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Benin Iron Casting Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Benin Iron Casting Market Revenues & Volume, By Machinery & Tools, 2021-2031F |
6.2.4 Benin Iron Casting Market Revenues & Volume, By Railways, 2021-2031F |
7 Benin Iron Casting Market Import-Export Trade Statistics |
7.1 Benin Iron Casting Market Export to Major Countries |
7.2 Benin Iron Casting Market Imports from Major Countries |
8 Benin Iron Casting Market Key Performance Indicators |
8.1 Scrap rate: to measure efficiency in production processes and material usage |
8.2 Energy consumption per unit of production: to monitor operational efficiency and cost management |
8.3 Percentage of new product development projects: to assess innovation and market competitiveness. |
9 Benin Iron Casting Market - Opportunity Assessment |
9.1 Benin Iron Casting Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Benin Iron Casting Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Benin Iron Casting Market - Competitive Landscape |
10.1 Benin Iron Casting Market Revenue Share, By Companies, 2024 |
10.2 Benin Iron Casting Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |