Africa: Diamonded Drilling Tools Market 2020

Diamonded Drilling Tools Market Size in Africa

The revenue of the diamonded drilling tools market in Africa amounted to $X in 2017, approximately mirroring the previous year. The market value increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2010, when market value increased by X% against the previous year. The level of diamonded drilling tools consumption peaked of $X in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Diamonded Drilling Tools Production in Africa

In 2017, diamonded drilling tools production in Africa stood at X units, therefore, remained relatively stable against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2016, when the output figure increased by X% year-to-year. In that year, the diamonded drilling tools production reached their peak volume of X units, and then declined slightly in the following year.

Diamonded Drilling Tools Exports in Africa

In 2017, approx. X units of drilling tools with working part of diamond were exported in Africa; jumping by X% against the previous year. The diamonded drilling tools exports continue to indicate a slight downturn. The pace of growth appeared the most rapid in 2010, when it surged by X% year-to-year. Over the period under review, the diamonded drilling tools exports attained its peak figure volume of X units in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

In value terms, diamonded drilling tools exports stood at $X in 2017. The diamonded drilling tools exports continue to indicate a mild setback. Over the period under review, the diamonded drilling tools exports reached its maximum level of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Diamonded Drilling Tools Exports by Country in Africa

South Africa represented the major exporting country with an export of about X units, which reached X% of total exports. It was distantly followed by Namibia (X units), Ghana (X units) and Benin (X units), together mixed up X% share of total exports. Tunisia (X units) occupied the minor share of total exports.

Exports from South Africa decreased at an average annual rate of -X% from 2007 to 2017. At the same time, Tunisia (+X%), Namibia (+X%) and Ghana (+X%) displayed positive paces of growth. Moreover, Tunisia emerged as the fastest growing exporter in Africa, with a CAGR of +X% from 2007-2017. By contrast, Benin (-X%) illustrated a downward trend over the same period. While the share of Benin (X%) and South Africa (X%) increased significantly in terms of the global exports from 2007-2017, the share of Tunisia (-X%), Ghana (-X%) and Namibia (-X%) displayed negative dynamics.

In value terms, South Africa ($X) remains the largest diamonded drilling tools supplier in Africa, making up X% of global exports. The second position in the ranking was occupied by Benin ($X), with a X% share of global exports. It was followed by Namibia, with a X% share.

In South Africa, diamonded drilling tools exports remained relatively stable over the period from 2007-2017. In the other countries, the average annual rates were as follows: Benin (-X% per year) and Namibia (+X% per year).

Diamonded Drilling Tools Export Prices by Country in Africa

In 2017, the diamonded drilling tools export price in Africa amounted to $X per unit, approximately mirroring the previous year. The diamonded drilling tools export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015, when the export prices increased by X% y-o-y. In that year, the export prices for drilling tools with working part of diamond attained their peak level of $X per unit. From 2016 to 2017, growth of the export prices for drilling tools with working part of diamond failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Tunisia ($X per unit), while Ghana ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Benin (+X% per year), while the other leaders experienced more modest paces of growth.

Diamonded Drilling Tools Imports in Africa

In 2017, diamonded drilling tools imports in Africa stood at X units, surging by X% against the previous year. The total import volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2010, with an increase of X% year-to-year. The volume of imports peaked of X units in 2011; however, from 2012 to 2017, it failed to regain its momentum.

In value terms, diamonded drilling tools imports stood at $X in 2017. The diamonded drilling tools imports continue to indicate a relatively flat trend pattern. The level of imports peaked of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Diamonded Drilling Tools Imports by Country in Africa

In 2017, South Africa (X units) and Algeria (X units) were the major importers of drilling tools with working part of diamond in the globe, together resulting at approx. X% of total imports. Angola (X units) occupied the second position in the ranking, followed by Morocco (X units), Egypt (X units) and Tunisia (X units). All these countries together occupied approx. X% share of total imports. The following importers - Ghana (X units), Kenya (X units), Namibia (X units), Ethiopia (X units) and Burkina Faso (X units) together made up X% of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Burkina Faso (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X) constitutes the largest market for imported drilling tools with working part of diamond in Africa, making up X% of global imports. The second position in the ranking was occupied by Algeria ($X), with a X% share of global imports. It was followed by Tunisia, with a X% share.

In South Africa, diamonded drilling tools imports remained relatively stable over the period from 2007-2017. In the other countries, the average annual rates were as follows: Algeria (+X% per year) and Tunisia (+X% per year).

Diamonded Drilling Tools Import Prices by Country in Africa

The diamonded drilling tools import price in Africa stood at $X per unit in 2017, growing by X% against the previous year. The diamonded drilling tools import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012, when it surged by X% year-to-year. Over the period under review, the import prices for drilling tools with working part of diamond reached its peak figure level of $X per unit in 2013; however, from 2014 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Tunisia ($X per unit), while Ethiopia ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Burkina Faso (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform