Africa: Electric Brazing Machine Market 2024

Electric Brazing Machine Market Size in Africa

The African electric brazing machine market contracted slightly to $X in 2022, leveling off at the previous year. The total consumption indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -4.4% against 2019 indices. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Electric Brazing Machine Production in Africa

In value terms, electric brazing machine production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.2% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2016 with an increase of 2.3%. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Electric Brazing Machine Exports

Exports in Africa

In 2022, approx. X units of electric brazing or soldering machines and apparatus were exported in Africa; with a decrease of -9.2% on the year before. Overall, exports continue to indicate a dramatic shrinkage. The pace of growth was the most pronounced in 2014 when exports increased by 358% against the previous year. As a result, the exports reached the peak of X units. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, electric brazing machine exports contracted notably to $X in 2022. Over the period under review, exports showed a abrupt decline. The pace of growth was the most pronounced in 2020 when exports increased by 111%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

South Africa (X units) and Morocco (X units) represented roughly 60% of total exports in 2022. Senegal (X units) held a 9.3% share (based on physical terms) of total exports, which put it in second place, followed by Burkina Faso (8%), Tunisia (7.8%) and Madagascar (6.3%).

From 2012 to 2022, the biggest increases were recorded for Senegal (with a CAGR of +50.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X) remains the largest electric brazing machine supplier in Africa, comprising 69% of total exports. The second position in the ranking was held by Tunisia ($X), with a 12% share of total exports. It was followed by Madagascar, with a 5.4% share.

In South Africa, electric brazing machine exports contracted by an average annual rate of -9.2% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Tunisia (-26.4% per year) and Madagascar (+39.0% per year).

Export Prices by Country

In 2022, the export price in Africa amounted to $X per unit, shrinking by -16.1% against the previous year. Overall, the export price, however, showed a significant increase. The pace of growth was the most pronounced in 2016 an increase of 888% against the previous year. Over the period under review, the export prices attained the maximum at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was South Africa ($X per unit), while Senegal ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+64.2%), while the other leaders experienced mixed trends in the export price figures.

Electric Brazing Machine Imports

Imports in Africa

In 2022, electric brazing machine imports in Africa dropped dramatically to X units, with a decrease of -25.9% against the year before. Over the period under review, imports showed a perceptible contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 57%. Over the period under review, imports hit record highs at X units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, electric brazing machine imports fell sharply to $X in 2022. In general, imports recorded a abrupt decline. The growth pace was the most rapid in 2019 with an increase of 40%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Nigeria (X units) was the major importer of electric brazing or soldering machines and apparatus, constituting 32% of total imports. Ghana (X units) took the second position in the ranking, followed by Tunisia (X units), Niger (X units), Angola (X units) and Egypt (X units). All these countries together took near 37% share of total imports. The following importers - Morocco (X units), Mauritius (X units), South Africa (X units), Algeria (X units), Senegal (X units) and Libya (X units) - together made up 16% of total imports.

Imports into Nigeria increased at an average annual rate of +20.0% from 2012 to 2022. At the same time, Mauritius (+37.0%), Ghana (+11.4%), Niger (+8.9%) and Senegal (+2.7%) displayed positive paces of growth. Moreover, Mauritius emerged as the fastest-growing importer imported in Africa, with a CAGR of +37.0% from 2012-2022. By contrast, Egypt (-3.2%), Tunisia (-5.2%), Morocco (-6.5%), Libya (-6.8%), Angola (-7.9%), Algeria (-13.9%) and South Africa (-27.2%) illustrated a downward trend over the same period. Nigeria (+29 p.p.), Ghana (+11 p.p.), Niger (+4.4 p.p.) and Mauritius (+3.7 p.p.) significantly strengthened its position in terms of the total imports, while Angola, Algeria and South Africa saw its share reduced by -2.5%, -4.1% and -31.7% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest electric brazing machine importing markets in Africa were Tunisia ($X), Egypt ($X) and South Africa ($X), with a combined 55% share of total imports. Morocco, Nigeria, Angola, Algeria, Niger, Ghana, Mauritius, Libya and Senegal lagged somewhat behind, together comprising a further 28%.

Ghana, with a CAGR of +7.1%, saw the highest growth rate of the value of imports, among the main importing countries 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 unit in 2022, reducing by -2.8% against the previous year. Overall, the import price showed a perceptible downturn. The most prominent rate of growth was recorded in 2016 an increase of 60%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, 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 Egypt ($X per unit), while Nigeria ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+13.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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