Africa: Forestry Machinery Market 2020

Forestry Machinery Market Size in Africa

The revenue of the forestry machinery market in Africa amounted to $X in 2017, lowering by -X% against the previous year. The forestry machinery consumption continues to indicate a sharp downturn. The most prominent rate of growth was recorded in 2009, when it surged by X% against the previous year. In that year, the forestry machinery market reached their peak level of $X. From 2010 to 2017, growth of the forestry machinery market stood at a somewhat lower level.

Forestry Machinery Production in Africa

In 2017, approx. X units of forestry machinery were produced in Africa; declining by -X% against the previous year. The forestry machinery production continues to indicate a deep descent. The growth pace was the most rapid in 2011, when the output figure increased by X% y-o-y. Over the period under review, the forestry machinery production reached its maximum volume of X units in 2009; however, from 2010 to 2017, it failed to regain its momentum.

Forestry Machinery Exports in Africa

The exports amounted to X units in 2017, growing by X% against the previous year. The forestry machinery exports continue to indicate an outstanding expansion. The pace of growth was the most pronounced in 2015, with an increase of X% against the previous year. The volume of exports peaked in 2017, and are likely to see steady growth in the near future.

In value terms, forestry machinery exports stood at $X in 2017. The forestry machinery exports continue to indicate a deep slump. Over the period under review, the forestry machinery exports reached its peak figure level of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Forestry Machinery Exports by Country in Africa

In 2017, Algeria (X units) was the major exporter for forestry machinery, committing X% of total exports. It was distantly followed by Egypt (X units), constituting X% share of total exports.

Exports from Algeria increased at an average annual rate of +X% from 2007 to 2017. At the same time, Egypt (+X%) displayed positive paces of growth. Moreover, Egypt emerged as the fastest growing exporter in Africa, with a CAGR of +X% from 2007-2017. While the share of Egypt (-X%) and Algeria (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Egypt ($X) emerged as the largest forestry machinery supplier in Africa, making up X% of global exports. The second position in the ranking was occupied by Algeria ($X), with a X% share of global exports.

From 2007 to 2017, the average annual growth rate of value in Egypt amounted to -X%.

Forestry Machinery Export Prices by Country in Africa

The forestry machinery export price in Africa stood at $X per thousand units in 2017, dropping by -X% against the previous year. The forestry machinery export price continues to indicate a precipitous drop. The most prominent rate of growth was recorded in 2013, an increase of -X% against the previous year. The level of export price peaked of $X per unit in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was Egypt ($X per thousand units), while Algeria ($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 Algeria (X% per year).

Forestry Machinery Imports in Africa

In 2017, forestry machinery imports in Africa stood at X units, increasing by X% against the previous year. The forestry machinery imports continue to indicate a strong growth. The pace of growth appeared the most rapid in 2015, with an increase of X% y-o-y. The volume of imports peaked in 2017, and are expected to retain its growth in the near future.

In value terms, forestry machinery imports totaled $X in 2017. The total imports indicated a remarkable 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. Over the period under review, the forestry machinery imports reached its maximum level in 2017, and are likely to see steady growth in the immediate term.

Forestry Machinery Imports by Country in Africa

South Africa represented the largest importing country with an import of around X units, which resulted at X% of total imports. Mozambique (X units) held the second position in the ranking, distantly followed by Nigeria (X units) and Egypt (X units). All these countries together took approx. X% share of total imports. The following importers - Mauritania (X units), Angola (X units), Kenya (X units), Congo (X units), Senegal (X units) and Namibia (X units) together made up X% of total imports.

Imports into South Africa increased at an average annual rate of +X% from 2007 to 2017. At the same time, Mauritania (+X%), Senegal (+X%), Nigeria (+X%), Congo (+X%), Kenya (+X%), Mozambique (+X%), Egypt (+X%), Namibia (+X%) and Angola (+X%) displayed positive paces of growth. Moreover, Mauritania emerged as the fastest growing importer in Africa, with a CAGR of +X% from 2007-2017. While the share of Senegal (-X%), Angola (-X%), Congo (-X%), Kenya (-X%), Mauritania (-X%), Egypt (-X%), Nigeria (-X%), Mozambique (-X%) and South Africa (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Nigeria ($X) constitutes the largest market for imported forestry machinery in Africa, making up X% of global imports. The second position in the ranking was occupied by South Africa ($X), with a X% share of global imports. It was followed by Egypt, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in Nigeria stood at +X%. In the other countries, the average annual rates were as follows: South Africa (-X% per year) and Egypt (+X% per year).

Forestry Machinery Import Prices by Country in Africa

The forestry machinery import price in Africa stood at $X per unit in 2017, waning by -X% against the previous year. The forestry machinery import price continues to indicate a drastic downturn. The growth pace was the most rapid in 2010, when it surged by X% against the previous year. The level of import price peaked of $X thousand per unit in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Nigeria ($X thousand per unit), while Mozambique ($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 Egypt (+X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform