Africa: Agricultural Product Dryer Market 2024

Agricultural Product Dryer Market Size in Africa

In 2021, after four years of growth, there was decline in the African agricultural product dryer market, when its value decreased by -0.9% to $X. Overall, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2020, and then contracted modestly in the following year.

Agricultural Product Dryer Production in Africa

In value terms, agricultural product dryer production declined to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a mild setback. The pace of growth was the most pronounced in 2015 with an increase of 19%. The level of production peaked at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Agricultural Product Dryer Exports

Exports in Africa

In 2021, shipments abroad of dryers for the treatment of agricultural products increased by 74% to X units, rising for the third consecutive year after two years of decline. Over the period under review, exports showed strong growth. The pace of growth was the most pronounced in 2016 when exports increased by 246%. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in the immediate term.

In value terms, agricultural product dryer exports skyrocketed to $X in 2021. Overall, exports continue to indicate a strong increase. The growth pace was the most rapid in 2016 with an increase of 138% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to see steady growth in the near future.

Exports by Country

South Africa represented the key exporting country with an export of about X units, which recorded 73% of total exports. Kenya (X units) took an 11% share (based on physical terms) of total exports, which put it in second place, followed by Mozambique (6.6%) and Mauritius (4.7%).

Exports from South Africa increased at an average annual rate of +24.1% from 2012 to 2021. At the same time, Mozambique (+47.6%), Kenya (+16.7%) and Mauritius (+4.6%) displayed positive paces of growth. Moreover, Mozambique emerged as the fastest-growing exporter exported in Africa, with a CAGR of +47.6% from 2012-2021. From 2012 to 2021, the share of South Africa, Mozambique, Mauritius and Kenya increased by +40, +6.6, +4.7 and +2.5 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest agricultural product dryer supplier in Africa, comprising 81% of total exports. The second position in the ranking was taken by Mozambique ($X), with a 5.8% share of total exports. It was followed by Kenya, with a 5% share.

From 2012 to 2021, the average annual growth rate of value in South Africa amounted to +26.0%. The remaining exporting countries recorded the following average annual rates of exports growth: Mozambique (+209.6% per year) and Kenya (+6.0% per year).

Export Prices by Country

The export price in Africa stood at $X per unit in 2021, reducing by -32.1% against the previous year. Export price indicated a mild increase from 2012 to 2021: its price increased at an average annual rate of +1.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, agricultural product dryer export price decreased by -40.6% against 2018 indices. The growth pace was the most rapid in 2018 when the export price increased by 81%. As a result, the export price attained the peak level of $X per unit. From 2019 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 South Africa ($X per unit), while Kenya ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mozambique (+114.4%), while the other leaders experienced mixed trends in the export price figures.

Agricultural Product Dryer Imports

Imports in Africa

In 2021, supplies from abroad of dryers for the treatment of agricultural products increased by 27% to X units, rising for the fourth consecutive year after two years of decline. Overall, imports, however, recorded a slight shrinkage. The most prominent rate of growth was recorded in 2015 with an increase of 184% against the previous year. The volume of import peaked at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, agricultural product dryer imports skyrocketed to $X in 2021. Over the period under review, imports posted a resilient increase. The most prominent rate of growth was recorded in 2015 with an increase of 107%. The level of import peaked in 2021 and is likely to see steady growth in the near future.

Imports by Country

In 2021, Libya (X units), distantly followed by Zimbabwe (X units), Nigeria (X units), Ghana (X units), South Africa (X units) and Sudan (X units) were the main importers of dryers for the treatment of agricultural products, together creating 67% of total imports. Zambia (X units), Tanzania (X units), Sierra Leone (X units), Morocco (X units), Uganda (X units), Burundi (X units) and Mozambique (X units) took a little share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Mozambique (with a CAGR of +49.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Nigeria ($X) constitutes the largest market for imported dryers for the treatment of agricultural products in Africa, comprising 32% of total imports. The second position in the ranking was taken by South Africa ($X), with a 9.7% share of total imports. It was followed by Uganda, with an 8.7% share.

From 2012 to 2021, the average annual growth rate of value in Nigeria totaled +19.8%. In the other countries, the average annual rates were as follows: South Africa (+4.4% per year) and Uganda (+32.8% per year).

Import Prices by Country

The import price in Africa stood at $X per unit in 2021, increasing by 24% against the previous year. Import price indicated buoyant growth from 2012 to 2021: its price increased at an average annual rate of +7.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 when the import price increased by 74%. Over the period under review, import prices hit record highs at $X per unit in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Zimbabwe (+11.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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