Africa: Crawler Tractor Market 2024

Crawler Tractor Market Size in Africa

In 2021, the African crawler tractor market increased by 0.2% to $X, rising for the second consecutive year after four years of decline. Overall, consumption, however, continues to indicate a abrupt contraction. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market failed to regain momentum.

Crawler Tractor Production in Africa

In value terms, crawler tractor production expanded remarkably to $X in 2021 estimated in export price. Over the period under review, production, however, saw a deep reduction. The growth pace was the most rapid in 2015 with an increase of 30% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2021, production growth remained at a lower figure.

Crawler Tractor Exports

Exports in Africa

In 2021, shipments abroad of crawler tractors decreased by -9.7% to X units, falling for the third consecutive year after four years of growth. In general, exports, however, saw a strong expansion. The pace of growth appeared the most rapid in 2018 when exports increased by 742%. As a result, the exports reached the peak of X units. From 2019 to 2021, the growth of the exports remained at a lower figure.

In value terms, crawler tractor exports contracted to $X in 2021. Overall, exports continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2017 when exports increased by 152%. The level of export peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

South Africa dominates exports structure, resulting at X units, which was approx. 80% of total exports in 2021. It was distantly followed by Mozambique (X units), constituting a 4.8% share of total exports. Kenya (X units), Morocco (X units) and Namibia (X units) took a minor share of total exports.

South Africa was also the fastest-growing in terms of the crawler tractors exports, with a CAGR of +16.4% from 2012 to 2021. At the same time, Namibia (+14.7%) and Kenya (+5.4%) displayed positive paces of growth. By contrast, Mozambique (-2.2%) and Morocco (-17.5%) illustrated a downward trend over the same period. South Africa (+46 p.p.) and Namibia (+1.6 p.p.) significantly strengthened its position in terms of the total exports, while Mozambique and Morocco saw its share reduced by -5% and -27.1% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest crawler tractor supplier in Africa, comprising 49% of total exports. The second position in the ranking was held by Kenya ($X), with a 7% share of total exports. It was followed by Namibia, with a 4.9% share.

In South Africa, crawler tractor exports remained relatively stable over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Kenya (+3.9% per year) and Namibia (+32.7% per year).

Export Prices by Country

In 2021, the export price in Africa amounted to $X per unit, growing by 1.7% against the previous year. In general, the export price, however, saw a deep setback. The growth pace was the most rapid in 2019 when the export price increased by 1,016%. Over the period under review, the export prices reached the maximum at $X per unit in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Namibia ($X per unit), while Morocco ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Namibia (+3.3%), while the other leaders experienced a decline in the export price figures.

Crawler Tractor Imports

Imports in Africa

In 2021, purchases abroad of crawler tractors increased by 4.2% to X units, rising for the second consecutive year after two years of decline. Total imports indicated a temperate increase from 2012 to 2021: its volume increased at an average annual rate of +3.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +96.4% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 89% against the previous year. The volume of import peaked in 2021 and is expected to retain growth in the near future.

In value terms, crawler tractor imports reduced remarkably to $X in 2021. In general, imports, however, saw a noticeable setback. The most prominent rate of growth was recorded in 2020 when imports increased by 70% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Niger (X units), Zimbabwe (X units), Botswana (X units) and Togo (X units) represented the largest importer of crawler tractors in Africa, making up 59% of total import. Morocco (X units) ranks next in terms of the total imports with a 6% share, followed by Ethiopia (6%) and Ghana (5.6%). Cote d'Ivoire (X units), Madagascar (X units), Swaziland (X units) and Mali (X units) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Botswana (with a CAGR of +66.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Ethiopia ($X) constitutes the largest market for imported crawler tractors in Africa, comprising 33% of total imports. The second position in the ranking was held by Ghana ($X), with a 13% share of total imports. It was followed by Botswana, with a 7.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Ethiopia totaled -10.9%. In the other countries, the average annual rates were as follows: Ghana (+16.5% per year) and Botswana (+50.0% per year).

Import Prices by Country

The import price in Africa stood at $X per unit in 2021, reducing by -19.7% against the previous year. In general, the import price saw a abrupt slump. The pace of growth was the most pronounced in 2016 an increase of 6.9% against the previous year. As a result, import price attained the peak level of $X per unit. From 2017 to 2021, the import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Morocco (+18.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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