Africa: Resistor Market 2024

Resistor Market Size in Africa

In 2022, after five years of growth, there was decline in the African resistor market, when its value decreased by X% to $X. In general, consumption enjoyed a resilient expansion. The level of consumption peaked at $X in 2021, and then fell slightly in the following year.

Resistor Production in Africa

In value terms, resistor production expanded modestly to $X in 2022 estimated in export price. Overall, production posted a remarkable increase. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Resistor Exports

Exports in Africa

In 2022, exports of electrical resistors (except heating resistors) in Africa fell sharply to X units, reducing by X% against 2021 figures. Over the period under review, exports saw a deep downturn. The growth pace was the most rapid in 2021 when exports increased by X%. Over the period under review, the exports reached the maximum at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, resistor exports fell significantly to $X in 2022. In general, exports continue to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of $X, and then fell sharply in the following year.

Exports by Country

South Africa (X units) and Tunisia (X units) were the major exporters of electrical resistors (except heating resistors) in 2022, resulting at near X% and X% of total exports, respectively. It was distantly followed by Morocco (X units), mixing up an X% share of total exports. The following exporters - Niger (X units), Cameroon (X units) and Congo (X units) - together made up X% of total exports.

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

In value terms, the largest resistor supplying countries in Africa were Tunisia ($X), South Africa ($X) and Morocco ($X), with a combined X% share of total exports. Cameroon, Niger and Congo lagged somewhat behind, together comprising a further X%.

Niger, with a CAGR of X%, saw the highest rates of growth with regard to 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

In 2022, the export price in Africa amounted to $X per thousand units, falling by X% against the previous year. Over the period under review, the export price, however, showed a prominent increase. The most prominent rate of growth was recorded in 2014 when the export price increased by X% against the previous year. The level of export peaked at $X per thousand units in 2021, and then shrank significantly in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Tunisia ($X per thousand units), while Niger ($X per thousand units) was amongst the lowest.

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

Resistor Imports

Imports in Africa

In 2022, the amount of electrical resistors (except heating resistors) imported in Africa contracted to X units, with a decrease of X% on the previous year's figure. Over the period under review, imports, however, posted prominent growth. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. The volume of import peaked at X units in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, resistor imports contracted significantly to $X in 2022. Overall, imports, however, posted a perceptible increase. The most prominent rate of growth was recorded in 2015 when imports increased by X%. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

South Africa was the main importing country with an import of about X units, which amounted to X% of total imports. It was distantly followed by Tunisia (X units), creating a X% share of total imports. Egypt (X units) and Morocco (X units) held a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to resistor imports into South Africa stood at X%. At the same time, Egypt (X%), Morocco (X%) and Tunisia (X%) displayed positive paces of growth. Moreover, Egypt emerged as the fastest-growing importer imported in Africa, with a CAGR of X% from 2012-2022. While the share of South Africa (X p.p.) and Egypt (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Tunisia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Tunisia ($X), Egypt ($X) and South Africa ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

Egypt, with a CAGR of X%, saw the highest rates of growth with regard to 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

In 2022, the import price in Africa amounted to $X per thousand units, declining by X% against the previous year. In general, the import price recorded a abrupt decrease. The growth pace was the most rapid in 2014 an increase of X%. Over the period under review, import prices attained the peak figure at $X per thousand units in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Egypt ($X per thousand units), while South Africa ($X per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tunisia (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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