Africa: Aircraft Launching Gear Market 2024

Aircraft Launching Gear Market Size in Africa

The African aircraft launching gear market soared to $X in 2021, with an increase of 93% against the previous year. Overall, consumption saw a strong expansion. Over the period under review, the market attained the peak level at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Aircraft Launching Gear Production in Africa

In value terms, aircraft launching gear production reduced modestly to $X in 2021 estimated in export price. The total production indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +5.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -17.5% against 2018 indices. The most prominent rate of growth was recorded in 2013 with an increase of 64% against the previous year. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Aircraft Launching Gear Exports

Exports in Africa

In 2021, the amount of aircraft launching gear, deck-arrestor or similar gear and parts thereof exported in Africa dropped to X tons, reducing by -10.5% against 2020 figures. In general, exports saw a deep downturn. The growth pace was the most rapid in 2018 when exports increased by 95% against the previous year. As a result, the exports attained the peak of X tons. From 2019 to 2021, the growth of the exports failed to regain momentum.

In value terms, aircraft launching gear exports declined markedly to $X in 2021. Over the period under review, exports, however, continue to indicate perceptible growth. The pace of growth appeared the most rapid in 2020 when exports increased by 124% against the previous year. As a result, the exports reached the peak of $X, and then reduced sharply in the following year.

Exports by Country

Algeria prevails in exports structure, amounting to X tons, which was near 87% of total exports in 2021. South Africa (X kg), Zambia (X kg), Botswana (X kg) and Kenya (X kg) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to aircraft launching gear exports from Algeria stood at +33.0%. At the same time, Kenya (+95.0%), Botswana (+77.5%) and Zambia (+12.4%) displayed positive paces of growth. Moreover, Kenya emerged as the fastest-growing exporter exported in Africa, with a CAGR of +95.0% from 2012-2021. By contrast, South Africa (-26.1%) illustrated a downward trend over the same period. Algeria (+84 p.p.), Zambia (+1.7 p.p.), Botswana (+1.6 p.p.) and Kenya (+1.6 p.p.) significantly strengthened its position in terms of the total exports, while South Africa saw its share reduced by -18.8% from 2012 to 2021, respectively.

In value terms, Algeria ($X) emerged as the largest aircraft launching gear supplier in Africa, comprising 93% of total exports. The second position in the ranking was held by Botswana ($X), with a 1.4% share of total exports. It was followed by Zambia, with a 0.5% share.

From 2012 to 2021, the average annual growth rate of value in Algeria totaled +69.3%. In the other countries, the average annual rates were as follows: Botswana (+59.4% per year) and Zambia (-6.0% per year).

Export Prices by Country

In 2021, the export price in Africa amounted to $X per ton, shrinking by -35.3% against the previous year. In general, the export price, however, continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2019 an increase of 87%. The level of export peaked at $X per ton in 2020, and then dropped sharply in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Algeria ($X per ton), while Kenya ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Algeria (+27.2%), while the other leaders experienced a decline in the export price figures.

Aircraft Launching Gear Imports

Imports in Africa

In 2021, the amount of aircraft launching gear, deck-arrestor or similar gear and parts thereof imported in Africa soared to X tons, rising by 449% against the previous year. Over the period under review, imports enjoyed prominent growth. The most prominent rate of growth was recorded in 2016 with an increase of 1,226% against the previous year. As a result, imports reached the peak of X tons. From 2017 to 2021, the growth of imports remained at a lower figure.

In value terms, aircraft launching gear imports surged to $X in 2021. In general, imports saw buoyant growth. The pace of growth appeared the most rapid in 2016 when imports increased by 979%. As a result, imports attained the peak of $X. From 2017 to 2021, the growth of imports remained at a lower figure.

Imports by Country

Egypt dominates imports structure, accounting for X tons, which was near 79% of total imports in 2021. It was distantly followed by Nigeria (X tons), comprising a 7.1% share of total imports. Kenya (X tons), Ghana (X tons) and Rwanda (X tons) followed a long way behind the leaders.

Egypt was also the fastest-growing in terms of the aircraft launching gear, deck-arrestor or similar gear and parts thereof imports, with a CAGR of +108.2% from 2012 to 2021. At the same time, Ghana (+42.0%), Rwanda (+40.9%), Nigeria (+28.9%) and Kenya (+23.0%) displayed positive paces of growth. While the share of Egypt (+79 p.p.), Nigeria (+4.8 p.p.), Ghana (+2.2 p.p.) and Rwanda (+2 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Egypt ($X) constitutes the largest market for imported aircraft launching gear, deck-arrestor or similar gear and parts thereof in Africa, comprising 78% of total imports. The second position in the ranking was held by Kenya ($X), with a 7.1% share of total imports. It was followed by Nigeria, with a 4.2% share.

In Egypt, aircraft launching gear imports expanded at an average annual rate of +85.3% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Kenya (+37.7% per year) and Nigeria (+51.5% per year).

Import Prices by Country

The import price in Africa stood at $X per ton in 2021, waning by -11.7% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the import price increased by 108% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Kenya ($X per ton), while Nigeria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Nigeria (+17.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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