Africa: Electrical Circuit Apparatus Market 2022

Electrical Circuit Apparatus Market Size in Africa

The African electrical circuit apparatus market rose significantly to $X in 2021, increasing by 14% against the previous year. The market value increased at an average annual rate of +3.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Electrical Circuit Apparatus Production in Africa

In value terms, electrical circuit apparatus production soared to $X in 2021 estimated in export price. The total production indicated a tangible expansion from 2012 to 2021: its value increased at an average annual rate of +4.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -20.2% against 2019 indices. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Electrical Circuit Apparatus Exports

Exports in Africa

In 2021, exports of electrical apparatus for circuit connection, switching and protection in Africa surged to X tons, picking up by 63% compared with the year before. The total export volume increased at an average annual rate of +4.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, electrical circuit apparatus exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +4.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Morocco (X tons) and Tunisia (X tons) represented roughly 67% of total exports in 2021. Morocco (X tons) ranks next in terms of the total exports with a 34% share, followed by Egypt (6.2%), Lesotho (5%) and South Africa (20%). Lesotho (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were in Morocco (with a CAGR of +16.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest electrical circuit apparatus supplying countries in Africa were Morocco ($X), Tunisia ($X) and South Africa ($X), with a combined 88% share of total exports.

Morocco, with a CAGR of +17.2%, recorded the highest growth rate of the value of exports, among the main exporting countries 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 ton in 2021, surging by 2.7% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the export price increased by 7.6% against the previous year. The level of export peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Egypt ($X per ton), while South Africa ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Egypt (+10.2%), while the other leaders experienced mixed trends in the export price figures.

Electrical Circuit Apparatus Imports

Imports in Africa

In 2021, the amount of electrical apparatus for circuit connection, switching and protection imported in Africa surged to X tons, growing by 22% against the year before. The total import volume increased at an average annual rate of +4.4% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, electrical circuit apparatus imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +2.3% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Ghana (X tons), Cote d'Ivoire (X tons), Tanzania (X tons), South Africa (X tons), Ethiopia (X tons), Algeria (X tons), Angola (X tons), Egypt (X tons), Tunisia (X tons), Nigeria (X tons), Morocco (X tons) and Kenya (X tons) represented roughly 79% of total imports in 2021. The following importers - Angola (X tons), Ghana (X tons), Tanzania (X tons), Kenya (X tons) and Libya (X tons) - together made up 14% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Ethiopia (with a CAGR of +14.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Morocco ($X), Tunisia ($X) and South Africa ($X) appeared to be the countries with the highest levels of imports in 2021, together comprising 53% of total imports.

Among the main importing countries, Morocco, with a CAGR of +13.3%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Africa amounted to $X per ton, leveling off at the previous year. Over the period under review, the import price, however, showed a pronounced descent. The pace of growth appeared the most rapid in 2018 when the import price increased by 4.4%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Tunisia ($X per ton), while Tanzania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Tunisia (+3.6%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :