Africa: Brakes And Servo-Brakes Market 2025

Brakes And Servo-Brakes Market Size in Africa

The African brakes and servo-brakes market soared to $X in 2022, surging by 18% against the previous year. The total consumption indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +6.6% 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 +46.2% against 2018 indices. Over the period under review, the market reached the peak level in 2022 and is likely to see gradual growth in the immediate term.

Brakes And Servo-Brakes Production in Africa

In value terms, brakes and servo-brakes production rose modestly to $X in 2022 estimated in export price. The total production indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of +2.7% 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 -1.9% against 2020 indices. The pace of growth was the most pronounced in 2014 with an increase of 58%. The level of production peaked at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Brakes And Servo-Brakes Exports

Exports in Africa

In 2022, shipments abroad of brakes and servo-brakes was finally on the rise to reach X tons after three years of decline. Overall, exports, however, showed a abrupt decline. The pace of growth was the most pronounced in 2017 when exports increased by 49% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, brakes and servo-brakes exports expanded modestly to $X in 2022. In general, exports, however, showed a pronounced slump. The most prominent rate of growth was recorded in 2017 when exports increased by 25%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

South Africa represented the key exporting country with an export of around X tons, which reached 63% of total exports. Morocco (X tons) ranks second in terms of the total exports with an 18% share, followed by Tunisia (8.7%) and Algeria (5%). Nigeria (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to brakes and servo-brakes exports from South Africa stood at +2.1%. At the same time, Algeria (+36.3%), Morocco (+19.9%), Tunisia (+19.6%) and Nigeria (+1.8%) displayed positive paces of growth. Moreover, Algeria emerged as the fastest-growing exporter exported in Africa, with a CAGR of +36.3% from 2012-2022. South Africa (+45 p.p.), Morocco (+18 p.p.), Tunisia (+8.2 p.p.) and Algeria (+4.9 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 ($X) remains the largest brakes and servo-brakes supplier in Africa, comprising 77% of total exports. The second position in the ranking was held by Morocco ($X), with an 8.8% share of total exports. It was followed by Tunisia, with a 7.5% share.

In South Africa, brakes and servo-brakes exports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Morocco (+9.0% per year) and Tunisia (+18.4% per year).

Export Prices by Country

The export price in Africa stood at $X per ton in 2022, declining by -1.9% against the previous year. Export price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +7.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, brakes and servo-brakes export price increased by +59.5% against 2017 indices. The most prominent rate of growth was recorded in 2014 an increase of 72% against the previous year. The level of export peaked at $X per ton in 2021, and then fell slightly in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was South Africa ($X per ton), while Nigeria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Algeria (+14.2%), while the other leaders experienced a decline in the export price figures.

Brakes And Servo-Brakes Imports

Imports in Africa

In 2022, approx. X tons of brakes and servo-brakes were imported in Africa; with an increase of 5.9% against 2021. Total imports indicated resilient growth from 2012 to 2022: its volume increased at an average annual rate of +6.9% 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 +19.9% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of 31%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, brakes and servo-brakes imports declined to $X in 2022. Total imports indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +5.4% 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 +25.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 27%. As a result, imports reached the peak of $X, leveling off in the following year.

Imports by Country

In 2022, South Africa (X tons), distantly followed by Morocco (X tons) and Algeria (X tons) were the main importers of brakes and servo-brakes, together committing 69% of total imports. The following importers - Tunisia (X tons), Egypt (X tons), Tanzania (X tons), Libya (X tons), Kenya (X tons) and Ghana (X tons) - together made up 17% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Morocco (with a CAGR of +30.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X), Morocco ($X) and Algeria ($X) were the countries with the highest levels of imports in 2022, with a combined 69% share of total imports.

Among the main importing countries, Morocco, with a CAGR of +21.9%, recorded the highest rates of growth with regard to the value of imports, 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 ton in 2022, reducing by -6.5% against the previous year. Overall, the import price continues to indicate a slight slump. The pace of growth was the most pronounced in 2014 when the import price increased by 14% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+7.7%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :