Africa: Electric Instantaneous Water Heater Market 2020

Electric Instantaneous Water Heater Market Size in Africa

The revenue of the electric instantaneous water heater market in Africa amounted to $X in 2017, stabilizing at the previous year. The electric instantaneous water heater consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016, when market value increased by X% against the previous year. The level of electric instantaneous water heater consumption peaked of $X in 2009; however, from 2010 to 2017, it failed to regain its momentum.

Electric Instantaneous Water Heater Production in Africa

The electric instantaneous water heater production amounted to X units in 2017, surging by X% 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 throughout the analyzed period. The most prominent rate of growth was recorded in 2009, when it surged by X% year-to-year. Over the period under review, the electric instantaneous water heater production attained its peak figure volume in 2017, and is expected to retain its growth in the immediate term.

Electric Instantaneous Water Heater Exports in Africa

In 2017, approx. X units of electric instantaneous water heaters were exported in Africa; jumping by X% against the previous year. The electric instantaneous water heater exports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2011, when it surged by X% against the previous year. The volume of exports peaked of X units in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, electric instantaneous water heater exports amounted to $X in 2017. The electric instantaneous water heater exports continue to indicate a prominent growth. Over the period under review, the electric instantaneous water heater exports reached its peak figure level in 2017, and are expected to retain its growth in the immediate term.

Electric Instantaneous Water Heater Exports by Country in Africa

In 2017, Egypt (X units) was the key exporter for electric instantaneous water heaters, making up X% of total exports. It was distantly followed by South Africa (X units), mixed up X% share of total exports.

Egypt was also the fastest growing in terms of the electric instantaneous water heaters exports, with a CAGR of +X% from 2007 to 2017. At the same time, South Africa (+X%) displayed positive paces of growth. South Africa (-X%) and Egypt (-X%) significantly weakened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Egypt ($X) remains the largest electric instantaneous water heater supplier in Africa, making up X% of global exports. The second position in the ranking was occupied by South Africa ($X), with a X% share of global exports.

From 2007 to 2017, the average annual growth rate of value in Egypt amounted to +X%.

Electric Instantaneous Water Heater Export Prices by Country in Africa

In 2017, the electric instantaneous water heater export price in Africa amounted to $X per unit, approximately equating the previous year. The electric instantaneous water heater export price continues to indicate a mild contraction. The pace of growth appeared the most rapid in 2016, an increase of X% year-to-year. Over the period under review, the export prices for electric instantaneous water heaters attained its peak figure level of $X per unit in 2009; however, from 2010 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was Egypt ($X per unit), while South Africa ($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 South Africa (+X% per year).

Electric Instantaneous Water Heater Imports in Africa

In 2017, imports of electric instantaneous water heaters in Africa amounted to X units, reducing by -X% against the previous year. The total imports indicated a tangible expansion from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the electric instantaneous water heater imports decreased by -X% against 2013 indices. The pace of growth appeared the most rapid in 2013, with an increase of X% year-to-year. In that year, the electric instantaneous water heater imports attained their peak volume of X units. From 2014 to 2017, growth of the electric instantaneous water heater imports failed to regain its momentum.

In value terms, electric instantaneous water heater imports totaled $X in 2017. The total imports indicated a measured growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the electric instantaneous water heater imports decreased by -X% against 2014 indices. Over the period under review, the electric instantaneous water heater imports reached its maximum level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Electric Instantaneous Water Heater Imports by Country in Africa

The imports of the five major importers of electric instantaneous water heaters, namely Morocco, Ethiopia, Libya, Nigeria and South Africa, represented more than half of total import. Algeria (X units) ranks second in terms of the global imports with a X% share, followed by Egypt (X%). Namibia (X units), Kenya (X units), Botswana (X units), Ghana (X units) and Tunisia (X units) followed a long way behind the leaders.

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

In value terms, Morocco ($X), Libya ($X) and Nigeria ($X) were the countries with the highest levels of imports in 2017, together comprising X% of total imports. South Africa, Ethiopia, Algeria, Egypt, Namibia, Kenya, Botswana, Ghana and Tunisia lagged somewhat behind, together accounting for a further X%.

Ethiopia (+X% per year) experienced the highest growth rate of imports, among the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Electric Instantaneous Water Heater Import Prices by Country in Africa

In 2017, the electric instantaneous water heater import price in Africa amounted to $X per unit, reducing by -X% against the previous year. The electric instantaneous water heater import price continues to indicate a slight downturn. The pace of growth was the most pronounced in 2012, an increase of X% y-o-y. In that year, the import prices for electric instantaneous water heaters reached their peak level of $X per unit. From 2013 to 2017, growth of the import prices for electric instantaneous water heaters stood at a somewhat lower level.

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

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Egypt (+X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform