Africa: Vehicle Sound Signalling Equipment Market 2020

Vehicle Sound Signalling Equipment Market Size in Africa

The revenue of the vehicle sound signalling equipment market in Africa amounted to $X in 2017, surging by X% against the previous year. The vehicle sound signalling equipment consumption continues to indicate a drastic slump. The pace of growth was the most pronounced in 2010, with an increase of X% year-to-year. Over the period under review, the vehicle sound signalling equipment market reached its maximum level of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Vehicle Sound Signalling Equipment Production in Africa

The vehicle sound signalling equipment production totaled X units in 2017, approximately equating 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 consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2011, when the output figure increased by X% against the previous year. The volume of vehicle sound signalling equipment production peaked of X units in 2016, leveling off in the following year.

Vehicle Sound Signalling Equipment Exports in Africa

In 2017, approx. X units of electrical sound signalling equipment for motorcycles or motor vehicles were exported in Africa; increasing by X% against the previous year. The vehicle sound signalling equipment exports continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2016, with an increase of X% against the previous year. The volume of exports peaked in 2017, and are likely to continue its growth in the immediate term.

In value terms, vehicle sound signalling equipment exports amounted to $X in 2017. The total exports indicated a mild 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 vehicle sound signalling equipment exports increased by +X% against 2014 indices. Over the period under review, the vehicle sound signalling equipment exports reached its peak figure level in 2017, and are likely to see steady growth in the near future.

Vehicle Sound Signalling Equipment Exports by Country in Africa

In 2017, Tunisia (X units) represented the major exporter for electrical sound signalling equipment for motorcycles or motor vehicles, committing X% of total exports. South Africa (X units) ranks second in terms of the global exports with a X% share, followed by Morocco (X%).

Exports from Tunisia increased at an average annual rate of +X% from 2007 to 2017. At the same time, Morocco (+X%) displayed positive paces of growth. Moreover, Morocco emerged as the fastest growing exporter in Africa, with a CAGR of +X% from 2007-2017. By contrast, South Africa (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of South Africa increased by X% percentage points, while Morocco (-X%) and Tunisia (-X%) saw their share reduced.

In value terms, Morocco ($X), Tunisia ($X) and South Africa ($X) were the countries with the highest levels of exports in 2017, with a combined X% share of total exports.

Among the main exporting countries , Tunisia (+X% per year) experienced the highest rates of growth with regard to exports, over the last decade, while the other leaders experienced mixed trends in the exports figures.

Vehicle Sound Signalling Equipment Export Prices by Country in Africa

In 2017, the vehicle sound signalling equipment export price in Africa amounted to $X per thousand units, surging by X% against the previous year. The vehicle sound signalling equipment export price continues to indicate a deep downturn. The pace of growth was the most pronounced in 2010, an increase of X% y-o-y. In that year, the export prices for electrical sound signalling equipment for motorcycles or motor vehicles reached their peak level of $X per unit. From 2011 to 2017, growth of the export prices for electrical sound signalling equipment for motorcycles or motor vehicles stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Morocco ($X per unit), while Tunisia ($X per thousand units) was amongst the lowest.

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

Vehicle Sound Signalling Equipment Imports in Africa

In 2017, approx. X units of electrical sound signalling equipment for motorcycles or motor vehicles were imported in Africa; going down by -X% against the previous year. The total imports indicated a prominent growth 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 vehicle sound signalling equipment imports decreased by -X% against 2014 indices. The pace of growth was the most pronounced in 2011, when it surged by X% y-o-y. Over the period under review, the vehicle sound signalling equipment imports reached its maximum volume of X units in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

In value terms, vehicle sound signalling equipment imports totaled $X in 2017. The total imports indicated a prominent increase 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 vehicle sound signalling equipment imports decreased by -X% against 2014 indices. The level of imports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Vehicle Sound Signalling Equipment Imports by Country in Africa

In 2017, Egypt (X units) was the key importer for electrical sound signalling equipment for motorcycles or motor vehicles, creating X% of total imports. South Africa (X units) held a X% share (based on tons) of total imports, which put it in second place, followed by Algeria (X%), Morocco (X%) and Tunisia (X%). The following importers - Nigeria (X units) and Togo (X units) together made up X% of total imports.

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

In value terms, South Africa ($X), Egypt ($X) and Morocco ($X) constituted the countries with the highest levels of imports in 2017, together accounting for X% of total imports.

Among the main importing countries , Egypt (+X% per year) recorded the highest rates of growth with regard to imports, over the last decade, while the other leaders experienced more modest paces of growth.

Vehicle Sound Signalling Equipment Import Prices by Country in Africa

In 2017, the vehicle sound signalling equipment import price in Africa amounted to $X per thousand units, lowering by -X% against the previous year. The vehicle sound signalling equipment import price continues to indicate a significant downturn. The pace of growth appeared the most rapid in 2008, an increase of X% y-o-y. In that year, the import prices for electrical sound signalling equipment for motorcycles or motor vehicles reached their peak level of $X per unit. From 2009 to 2017, growth of the import prices for electrical sound signalling equipment for motorcycles or motor vehicles stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Tunisia ($X per unit), while Togo ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Morocco (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform