Africa: Tow-Behind Air Compressor Market 2024

Tow-Behind Air Compressor Market Size in Africa

The African tow-behind air compressor market rose slightly to $X in 2022, growing by 4.1% against the previous year. In general, consumption saw a slight reduction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Tow-Behind Air Compressor Production in Africa

In value terms, tow-behind air compressor production rose remarkably to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a slight descent. The most prominent rate of growth was recorded in 2020 with an increase of 45%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Tow-Behind Air Compressor Exports

Exports in Africa

For the third year in a row, Africa recorded growth in shipments abroad of air compressors mounted on a wheeled chassis for towing, which increased by 591% to X units in 2022. In general, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, tow-behind air compressor exports shrank to $X in 2022. Over the period under review, exports, however, recorded a noticeable decline. The most prominent rate of growth was recorded in 2017 when exports increased by 37% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

South Africa prevails in exports structure, finishing at X units, which was approx. 92% of total exports in 2022. Botswana (X units) took a relatively small share of total exports.

South Africa was also the fastest-growing in terms of the air compressors mounted on a wheeled chassis for towing exports, with a CAGR of +27.1% from 2012 to 2022. At the same time, Botswana (+25.5%) displayed positive paces of growth. South Africa (+33 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest tow-behind air compressor supplier in Africa, comprising 51% of total exports. The second position in the ranking was held by Botswana ($X), with a 5.4% share of total exports.

In South Africa, tow-behind air compressor exports contracted by an average annual rate of -5.8% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Africa amounted to $X per unit, shrinking by -86.3% against the previous year. Over the period under review, the export price recorded a significant curtailment. The most prominent rate of growth was recorded in 2019 when the export price increased by 30% against the previous year. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Botswana ($X per unit), while South Africa stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Botswana (-12.5%).

Tow-Behind Air Compressor Imports

Imports in Africa

In 2022, approx. X units of air compressors mounted on a wheeled chassis for towing were imported in Africa; with a decrease of -5.9% on the year before. In general, imports showed a slight contraction. The pace of growth appeared the most rapid in 2021 with an increase of 35%. Over the period under review, imports reached the peak figure at X units in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, tow-behind air compressor imports reached $X in 2022. Over the period under review, imports showed a deep contraction. The pace of growth was the most pronounced in 2019 with an increase of 18%. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

South Africa was the major importer of air compressors mounted on a wheeled chassis for towing in Africa, with the volume of imports resulting at X units, which was near 32% of total imports in 2022. It was distantly followed by Mozambique (X units), Nigeria (X units), Sudan (X units), Egypt (X units) and Algeria (X units), together mixing up a 31% share of total imports. The following importers - Tanzania (X units), Morocco (X units), Burundi (X units), Mauritius (X units), Libya (X units), Namibia (X units) and Botswana (X units) - together made up 20% of total imports.

From 2012 to 2022, average annual rates of growth with regard to tow-behind air compressor imports into South Africa stood at +1.3%. At the same time, Burundi (+38.2%), Mauritius (+19.5%), Tanzania (+19.3%), Botswana (+12.1%), Sudan (+5.5%), Morocco (+5.2%) and Namibia (+1.2%) displayed positive paces of growth. Moreover, Burundi emerged as the fastest-growing importer imported in Africa, with a CAGR of +38.2% from 2012-2022. Libya experienced a relatively flat trend pattern. By contrast, Algeria (-4.3%), Nigeria (-5.4%), Mozambique (-6.9%) and Egypt (-13.7%) illustrated a downward trend over the same period. South Africa (+7.1 p.p.), Tanzania (+3.2 p.p.), Burundi (+3.1 p.p.), Sudan (+2.9 p.p.), Mauritius (+2.1 p.p.), Morocco (+1.7 p.p.) and Botswana (+1.6 p.p.) significantly strengthened its position in terms of the total imports, while Algeria, Nigeria, Mozambique and Egypt saw its share reduced by -1.9%, -3.5%, -6.1% and -16.9% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest tow-behind air compressor importing markets in Africa were South Africa ($X), Morocco ($X) and Algeria ($X), together accounting for 35% of total imports. Nigeria, Tanzania, Egypt, Libya, Namibia, Botswana, Sudan, Mozambique, Burundi and Mauritius lagged somewhat behind, together comprising a further 32%.

Burundi, with a CAGR of +13.3%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Africa stood at $X per unit in 2022, with an increase of 13% against the previous year. Overall, the import price, however, saw a pronounced curtailment. The most prominent rate of growth was recorded in 2015 an increase of 58% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Morocco ($X per unit), while Mozambique ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+9.9%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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