Africa: Direction Finding Compass Market 2025

Direction Finding Compass Market Size in Africa

In 2021, the African direction finding compass market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption, however, showed a abrupt shrinkage. The level of consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Direction Finding Compass Production in Africa

In value terms, direction finding compass production contracted slightly to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a tangible increase. The pace of growth was the most pronounced in 2014 with an increase of 548%. As a result, production attained the peak level of $X. From 2015 to 2021, production growth failed to regain momentum.

Direction Finding Compass Exports

Exports in Africa

After two years of decline, shipments abroad of direction finding compasses increased by 39% to X units in 2021. Overall, exports, however, recorded a perceptible descent. The pace of growth appeared the most rapid in 2014 when exports increased by 475%. As a result, the exports reached the peak of X units. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, direction finding compass exports soared to $X in 2021. In general, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when exports increased by 182% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

In 2021, South Africa (X units), distantly followed by Guinea (X units), Angola (X units) and Cameroon (X units) represented the key exporters of direction finding compasses, together creating 59% of total exports. Gabon (X units), Ghana (X units), Algeria (X units), Mozambique (X units), Mauritius (X units), Cote d'Ivoire (X units), Tanzania (X units), Nigeria (X units) and Egypt (X units) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Mauritius (with a CAGR of +79.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest direction finding compass supplying countries in Africa were Guinea ($X), South Africa ($X) and Cote d'Ivoire ($X), with a combined 38% share of total exports.

In terms of the main exporting countries, Guinea, with a CAGR of +93.2%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Africa stood at $X per unit in 2021, declining by -6.7% against the previous year. Export price indicated a notable increase from 2012 to 2021: its price increased at an average annual rate of +2.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 an increase of 90%. Over the period under review, the export prices reached the peak figure at $X per unit in 2020, and then dropped in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Egypt (+24.9%), while the other leaders experienced more modest paces of growth.

Direction Finding Compass Imports

Imports in Africa

In 2021, approx. X units of direction finding compasses were imported in Africa; increasing by 56% against the year before. Overall, imports, however, faced a deep setback. The growth pace was the most rapid in 2013 when imports increased by 91% against the previous year. The volume of import peaked at X units in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, direction finding compass imports soared to $X in 2021. Over the period under review, imports, however, showed a perceptible descent. The most prominent rate of growth was recorded in 2013 with an increase of 145%. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Angola (X units), South Africa (X units), Morocco (X units), Tanzania (X units), Uganda (X units), Mozambique (X units), Tunisia (X units), Algeria (X units), Senegal (X units), Ethiopia (X units), Gambia (X units) and Mauritius (X units) was the key importer of direction finding compasses in Africa, making up 77% of total import. Djibouti (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 Djibouti (with a CAGR of +60.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X) constitutes the largest market for imported direction finding compasses in Africa, comprising 35% of total imports. The second position in the ranking was taken by Angola ($X), with a 12% share of total imports. It was followed by Morocco, with a 7.3% share.

In South Africa, direction finding compass imports decreased by an average annual rate of -7.1% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Angola (+0.5% per year) and Morocco (+14.2% per year).

Import Prices by Country

The import price in Africa stood at $X per unit in 2021, increasing by 14% against the previous year. In general, the import price enjoyed a strong increase. The pace of growth appeared the most rapid in 2015 when the import price increased by 285% against the previous year. The level of import peaked in 2021 and is likely to see steady growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was South Africa ($X per unit), while Gambia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Africa (+25.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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