Africa: Electromechanical Hand Tools Market 2020

Electromechanical Hand Tools Market Size in Africa

The revenue of the electromechanical hand tools market in Africa amounted to $X in 2017, going up by X% against the previous year. The electromechanical hand tools consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010, with an increase of X% year-to-year. In that year, the electromechanical hand tools market reached their peak level of $X. From 2011 to 2017, growth of the electromechanical hand tools market stood at a somewhat lower level.

Electromechanical Hand Tools Production in Africa

The electromechanical hand tools production totaled X units in 2017, lowering by -X% against the previous year. The electromechanical hand tools production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2010, when the output figure increased by X% year-to-year. The volume of electromechanical hand tools production peaked of X units in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Electromechanical Hand Tools Exports in Africa

In 2017, exports of electromechanical hand tools operated without an external source of power in Africa totaled X units, increasing by X% against the previous year. The electromechanical hand tools exports continue to indicate a prominent expansion. The growth pace was the most rapid in 2010, when exports increased by X% year-to-year. Over the period under review, the electromechanical hand tools exports reached its peak figure volume of X units in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

In value terms, electromechanical hand tools exports stood at $X in 2017. The electromechanical hand tools exports continue to indicate a remarkable increase. The level of exports peaked of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Electromechanical Hand Tools Exports by Country in Africa

South Africa prevails in electromechanical hand tools exports structure, resulting at X units, which was near X% of total exports in 2017. It was distantly followed by Nigeria (X units), creating X% share of total exports. Morocco (X units) took the mild share of total exports.

From 2007 to 2017, average annual rates of growth with regard to electromechanical hand tools exports from South Africa stood at +X%. At the same time, Nigeria (+X%) and Morocco (+X%) displayed positive paces of growth. Moreover, Nigeria emerged as the fastest growing exporter in Africa, with a CAGR of +X% from 2007-2017. From 2007 to 2017, the share of Morocco, Nigeria and South Africa decreased by -X%, -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest electromechanical hand tools supplier in Africa, making up X% of global exports. The second position in the ranking was occupied by Nigeria ($X), with a X% share of global exports. It was followed by Morocco, with a X% share.

From 2007 to 2017, the average annual growth rate of value in South Africa amounted to +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Nigeria (+X% per year) and Morocco (+X% per year).

Electromechanical Hand Tools Export Prices by Country in Africa

The electromechanical hand tools export price in Africa stood at $X per unit in 2017, surging by X% against the previous year. The electromechanical hand tools export price continues to indicate a slight slump. The growth pace was the most rapid in 2015, when the export prices increased by X% year-to-year. In that year, the export prices for electromechanical hand tools operated without an external source of power reached their peak level of $X per unit. From 2016 to 2017, growth of the export prices for electromechanical hand tools operated without an external source of power failed to regain its momentum.

Average export prices varied noticeably amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in Morocco ($X per unit) and South Africa ($X per unit), while Nigeria ($X per unit) and South Africa ($X per unit) were amongst the lowest.

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

Electromechanical Hand Tools Imports in Africa

The imports stood at X units in 2017, increasing by X% against the previous year. The total import volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2010, when it surged by X% year-to-year. Over the period under review, the electromechanical hand tools imports attained its maximum volume of X units in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

In value terms, electromechanical hand tools imports stood at $X in 2017. The total import value increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. Over the period under review, the electromechanical hand tools imports attained its peak figure level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Electromechanical Hand Tools Imports by Country in Africa

In 2017, South Africa (X units) was the largest importer for electromechanical hand tools operated without an external source of power, making up X% of total imports. It was distantly followed by Algeria (X units), Nigeria (X units), Ethiopia (X units) and Egypt (X units), together achieving X% share of total imports. Morocco (X units), Tunisia (X units), Libya (X units) and Kenya (X units) occupied the minor share of total imports.

From 2007 to 2017, average annual rates of growth with regard to electromechanical hand tools imports into South Africa stood at -X%. At the same time, Nigeria (+X%), Ethiopia (+X%), Algeria (+X%), Kenya (+X%), Morocco (+X%) and Tunisia (+X%) displayed positive paces of growth. Moreover, Nigeria emerged as the fastest growing importer in Africa, with a CAGR of +X% from 2007-2017. By contrast, Egypt (-X%) and Libya (-X%) illustrated a downward trend over the same period. While the share of South Africa (X%) increased significantly in terms of the global imports from 2007-2017, the share of Algeria (-X%), Ethiopia (-X%) and Nigeria (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest electromechanical hand tools markets worldwide were South Africa ($X), Algeria ($X) and Nigeria ($X), together accounting for X% of total imports.

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

Electromechanical Hand Tools Import Prices by Country in Africa

The electromechanical hand tools import price in Africa stood at $X per unit in 2017, growing by X% against the previous year. The electromechanical hand tools import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008, when the import prices increased by X% y-o-y. The level of import price peaked of $X per unit in 2009; however, from 2010 to 2017, it 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 Egypt ($X per unit), while Ethiopia ($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 Nigeria (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform