Africa: Boring Machinery Market 2025

Boring Machinery Market Size in Africa

The African boring machinery market contracted to $X in 2022, declining by -9.3% against the previous year. The total consumption indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +5.3% against 2020 indices. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Boring Machinery Production in Africa

In value terms, boring machinery production dropped to $X in 2022 estimated in export price. The total production indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -9.9% against 2019 indices. The growth pace was the most rapid in 2016 with an increase of 45% against the previous year. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Boring Machinery Exports

Exports in Africa

In 2022, boring machinery exports in Africa reduced to X units, waning by -12.9% on the previous year's figure. In general, exports saw a abrupt decline. The pace of growth appeared the most rapid in 2021 when exports increased by 29%. Over the period under review, the exports attained the peak figure at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, boring machinery exports fell remarkably to $X in 2022. Over the period under review, exports showed a abrupt decline. The growth pace was the most rapid in 2021 when exports increased by 74% against the previous year. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, South Africa (X units), distantly followed by Kenya (X units), Cote d'Ivoire (X units), Tunisia (X units), Egypt (X units), Botswana (X units), Zambia (X units) and Burkina Faso (X units) represented the key exporters of boring or sinking machinery, together comprising 69% of total exports. The following exporters - Nigeria (X units), Mali (X units), Tanzania (X units), Ghana (X units) and Niger (X units) - together made up 17% of total exports.

From 2012 to 2022, the biggest increases were recorded for Egypt (with a CAGR of +46.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X) emerged as the largest boring machinery supplier in Africa, comprising 34% of total exports. The second position in the ranking was taken by Kenya ($X), with a 16% share of total exports. It was followed by Tunisia, with a 10% share.

From 2012 to 2022, the average annual growth rate of value in South Africa amounted to -6.7%. In the other countries, the average annual rates were as follows: Kenya (+39.3% per year) and Tunisia (+7.6% per year).

Export Prices by Country

The export price in Africa stood at $X per unit in 2022, with a decrease of -10.7% against the previous year. Export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, boring machinery export price increased by +43.9% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the export price increased by 82%. As a result, the export price reached the peak level of $X per unit. From 2014 to 2022, the export prices failed to regain momentum.

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 South Africa ($X per unit), while Egypt ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tanzania (+14.4%), while the other leaders experienced more modest paces of growth.

Boring Machinery Imports

Imports in Africa

Boring machinery imports shrank to X units in 2022, falling by -7.9% compared with the year before. Total imports indicated mild growth from 2012 to 2022: its volume increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +7.1% against 2020 indices. The growth pace was the most rapid in 2019 when imports increased by 49% against the previous year. As a result, imports attained the peak of X units. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, boring machinery imports reduced sharply to $X in 2022. Overall, imports saw a perceptible reduction. The pace of growth was the most pronounced in 2013 with an increase of 54%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Sudan (X units) was the major importer of boring or sinking machinery, creating 38% of total imports. Nigeria (X units) held the second position in the ranking, followed by Egypt (X units), Morocco (X units) and Algeria (X units). All these countries together took approx. 39% share of total imports. Tunisia (X units), Zimbabwe (X units), Kenya (X units) and Tanzania (X units) took a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to boring machinery imports into Sudan stood at +6.1%. At the same time, Tunisia (+33.7%), Zimbabwe (+19.4%), Morocco (+14.9%), Nigeria (+14.6%), Egypt (+7.5%), Kenya (+6.0%) and Algeria (+3.6%) displayed positive paces of growth. Moreover, Tunisia emerged as the fastest-growing importer imported in Africa, with a CAGR of +33.7% from 2012-2022. By contrast, Tanzania (-7.2%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Sudan, Nigeria, Egypt, Morocco, Tunisia and Zimbabwe increased by +14, +11, +5.4, +4.2, +3.4 and +2.6 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest boring machinery importing markets in Africa were Egypt ($X), Sudan ($X) and Tunisia ($X), with a combined 64% share of total imports.

Tunisia, with a CAGR of +28.0%, saw the highest growth rate of the value of imports, among 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, dropping by -11.5% against the previous year. In general, the import price recorded a perceptible contraction. The pace of growth appeared the most rapid in 2014 when the import price increased by 20% against the previous year. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tanzania (+2.7%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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