Africa: Electrically Operated Lift Market 2020

Electrically Operated Lift Market Size in Africa

The revenue of the electrically operated lift market in Africa amounted to $X in 2017, falling by -X% against the previous year. The electrically operated lift consumption continues to indicate a prominent expansion. The growth pace was the most rapid in 2010, when it surged by X% y-o-y. In that year, the electrically operated lift market attained their peak level of $X. From 2011 to 2017, growth of the electrically operated lift market stood at a somewhat lower level.

Electrically Operated Lift Production in Africa

In 2017, the amount of electrically operated lifts and skip hoists produced in Africa stood at X units, leveling off at the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2010, when the output figure increased by X% against the previous year. In that year, the electrically operated lift production reached their peak volume of X units. From 2011 to 2017, growth of the electrically operated lift production failed to regain its momentum.

Electrically Operated Lift Exports in Africa

In 2017, exports of electrically operated lifts and skip hoists in Africa amounted to X units, falling by -X% against the previous year. The electrically operated lift exports continue to indicate a perceptible increase. The pace of growth was the most pronounced in 2010, with an increase of X% y-o-y. In that year, the electrically operated lift exports attained their peak volume of X units. From 2011 to 2017, growth of the electrically operated lift exports stood at a somewhat lower level.

In value terms, electrically operated lift exports stood at $X in 2017. The electrically operated lift exports continue to indicate a slight decrease. The level of exports peaked of $X in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Electrically Operated Lift Exports by Country in Africa

South Africa was the major exporter of electrically operated lifts and skip hoists in Africa, with the volume of exports recording X units, which was approx. X% of total exports in 2017. It was distantly followed by Namibia (X units), creating X% share of total exports. Egypt (X units), Tunisia (X units), Zambia (X units) and Mauritius (X units) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to electrically operated lift exports from South Africa stood at +X%. At the same time, Egypt (+X%) and Tunisia (+X%) displayed positive paces of growth. Moreover, Egypt emerged as the fastest growing exporter in Africa, with a CAGR of +X% from 2007-2017. Mauritius experienced a relatively flat trend pattern. By contrast, Namibia (-X%) and Zambia (-X%) illustrated a downward trend over the same period. Namibia (X%) and Zambia (X%) significantly strengthened its position in terms of the global exports, while Tunisia, Egypt and South Africa saw its share reduced by -X%, -X% and -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest electrically operated lift supplier in Africa, making up X% of global exports. The second position in the ranking was occupied by Egypt ($X), with a X% share of global exports. It was followed by Tunisia, with a X% share.

In South Africa, electrically operated lift exports expanded at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Egypt (+X% per year) and Tunisia (+X% per year).

Electrically Operated Lift Export Prices by Country in Africa

In 2017, the electrically operated lift export price in Africa amounted to $X thousand per unit, waning by -X% against the previous year. The electrically operated lift export price continues to indicate an abrupt setback. The pace of growth was the most pronounced in 2011, when it surged by X% y-o-y. The level of export price peaked of $X thousand per unit in 2008; however, from 2009 to 2017, it 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 Tunisia ($X thousand per unit), while Namibia ($X thousand per unit) 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.

Electrically Operated Lift Imports in Africa

In 2017, approx. X units of electrically operated lifts and skip hoists were imported in Africa; shrinking by -X% against the previous year. The electrically operated lift imports continue to indicate a prominent increase. The growth pace was the most rapid in 2016, when it surged by X% y-o-y. In that year, the electrically operated lift imports reached their peak volume of X units, and then declined slightly in the following year.

In value terms, electrically operated lift 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 electrically operated lift imports increased by +X% against 2009 indices. Over the period under review, the electrically operated lift imports attained its peak figure level in 2017, and are expected to retain its growth in the immediate term.

Electrically Operated Lift Imports by Country in Africa

South Africa represented the main importing country with an import of around X units, which recorded X% of total imports. It was distantly followed by Namibia (X units), Kenya (X units) and Algeria (X units), together constituting X% share of total imports. Nigeria (X units), Djibouti (X units), Zambia (X units), Egypt (X units), Morocco (X units), Angola (X units), Ethiopia (X units) and Libya (X units) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to electrically operated lift imports into South Africa stood at +X%. At the same time, Djibouti (+X%), Namibia (+X%), Kenya (+X%), Algeria (+X%), Libya (+X%), Angola (+X%), Ethiopia (+X%), Egypt (+X%), Morocco (+X%) and Nigeria (+X%) displayed positive paces of growth. Moreover, Djibouti emerged as the fastest growing importer in Africa, with a CAGR of +X% from 2007-2017. Zambia experienced a relatively flat trend pattern. While the share of Nigeria (-X%), Libya (-X%), Angola (-X%), Algeria (-X%), Djibouti (-X%), Kenya (-X%), Namibia (-X%) and South Africa (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest electrically operated lift markets worldwide were Egypt ($X), Algeria ($X) and Libya ($X), together comprising X% of total imports. South Africa, Morocco, Kenya, Angola, Nigeria, Ethiopia, Djibouti, Zambia and Namibia lagged somewhat behind, together comprising a further X%.

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

Electrically Operated Lift Import Prices by Country in Africa

The electrically operated lift import price in Africa stood at $X thousand per unit in 2017, jumping by X% against the previous year. The electrically operated lift import price continues to indicate a significant shrinkage. The growth pace was the most rapid in 2008, when the import prices increased by X% y-o-y. In that year, the import prices for electrically operated lifts and skip hoists reached their peak level of $X thousand per unit. From 2009 to 2017, growth of the import prices for electrically operated lifts and skip hoists stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Libya ($X thousand per unit), while Namibia ($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 Zambia (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform