| Product Code: ETC5391667 | 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 |
Togo`s iron casting import market in 2024 continued to be dominated by top exporters such as France, Germany, Turkey, Belgium, and China. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, with limited competition. Despite a significant compound annual growth rate (CAGR) of 60.52% from 2020 to 2024, there was a notable decline in growth rate from 2023 to 2024 at -45.99%. This may suggest a temporary slowdown or market adjustment, which could be influenced by various factors such as economic conditions or changing trade dynamics.

In the Africa region, the Iron Casting market in Togo is projected to expand at a exponential growth rate of 15.82% by 2027. The largest economy is Egypt, followed by South Africa, Ethiopia, Algeria and Nigeria.

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 Togo Iron Casting Market Overview |
3.1 Togo Country Macro Economic Indicators |
3.2 Togo Iron Casting Market Revenues & Volume, 2021 & 2031F |
3.3 Togo Iron Casting Market - Industry Life Cycle |
3.4 Togo Iron Casting Market - Porter's Five Forces |
3.5 Togo Iron Casting Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Togo Iron Casting Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Togo Iron Casting Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for iron castings in the automotive industry due to the growth in vehicle production and sales. |
4.2.2 Growth in the construction sector leading to higher demand for iron castings for infrastructure development projects. |
4.2.3 Technological advancements in the iron casting process improving efficiency and quality of products. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials like iron ore impacting production costs. |
4.3.2 Intense competition from alternative materials like aluminum and steel affecting market share. |
4.3.3 Environmental regulations and sustainability concerns leading to additional compliance costs for iron casting manufacturers. |
5 Togo Iron Casting Market Trends |
6 Togo Iron Casting Market Segmentations |
6.1 Togo Iron Casting Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Togo Iron Casting Market Revenues & Volume, By Malleable, 2021-2031F |
6.1.3 Togo Iron Casting Market Revenues & Volume, By Gray, 2021-2031F |
6.1.4 Togo Iron Casting Market Revenues & Volume, By Ductile, 2021-2031F |
6.2 Togo Iron Casting Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Togo Iron Casting Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Togo Iron Casting Market Revenues & Volume, By Machinery & Tools, 2021-2031F |
6.2.4 Togo Iron Casting Market Revenues & Volume, By Railways, 2021-2031F |
7 Togo Iron Casting Market Import-Export Trade Statistics |
7.1 Togo Iron Casting Market Export to Major Countries |
7.2 Togo Iron Casting Market Imports from Major Countries |
8 Togo Iron Casting Market Key Performance Indicators |
8.1 Scrap rate percentage, indicating the efficiency of the manufacturing process and quality control. |
8.2 Energy consumption per unit of production, showing the sustainability efforts and operational efficiency of iron casting manufacturers. |
8.3 Employee turnover rate, reflecting the ability to retain skilled workforce and ensure consistent production quality. |
9 Togo Iron Casting Market - Opportunity Assessment |
9.1 Togo Iron Casting Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Togo Iron Casting Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Togo Iron Casting Market - Competitive Landscape |
10.1 Togo Iron Casting Market Revenue Share, By Companies, 2024 |
10.2 Togo Iron Casting Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |