Report Update Nov 1, 2024

Africa - Gear Cutting, Gear Grinding or Gear Finishing Machines - Market Analysis, Forecast, Size, Trends and Insights

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Africa: Gear Cutting Machine Market 2024

Gear Cutting Machine Market Size in Africa

In 2021, the African gear cutting machine market increased by 161% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption enjoyed a strong increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Gear Cutting Machine Production in Africa

In value terms, gear cutting machine production fell slightly to $X in 2021 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the production volume increased by 10% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2021, production growth remained at a lower figure.

Gear Cutting Machine Exports

Exports in Africa

Gear cutting machine exports skyrocketed to X units in 2021, increasing by 17% compared with the year before. In general, exports, however, showed a drastic downturn. The pace of growth was the most pronounced in 2014 with an increase of 328%. As a result, the exports attained the peak of X units. From 2015 to 2021, the growth of the exports failed to regain momentum.

In value terms, gear cutting machine exports surged to $X in 2021. Over the period under review, exports, however, continue to indicate a pronounced decline. The most prominent rate of growth was recorded in 2017 with an increase of 177%. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Swaziland was the main exporter of gear cutting, gear grinding or gear finishing machines in Africa, with the volume of exports resulting at X units, which was approx. 63% of total exports in 2021. It was distantly followed by South Africa (X units), generating a 32% share of total exports. Uganda (X units) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Uganda (with a CAGR of +24.8%), while the other leaders experienced a decline in the exports figures.

In value terms, Swaziland ($X) remains the largest gear cutting machine supplier in Africa, comprising 80% of total exports. The second position in the ranking was taken by South Africa ($X), with an 11% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Swaziland totaled -2.6%. In the other countries, the average annual rates were as follows: South Africa (-12.3% per year) and Uganda (+17.4% per year).

Export Prices by Country

In 2021, the export price in Africa amounted to $X per unit, leveling off at the previous year. Over the period under review, the export price, however, continues to indicate a measured increase. The most prominent rate of growth was recorded in 2017 when the export price increased by 206%. As a result, the export price attained the peak level of $X per unit. From 2018 to 2021, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Swaziland ($X per unit), while Uganda ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Swaziland (+4.3%), while the other leaders experienced a decline in the export price figures.

Gear Cutting Machine Imports

Imports in Africa

In 2021, approx. X units of gear cutting, gear grinding or gear finishing machines were imported in Africa; increasing by 252% compared with 2020 figures. Over the period under review, imports saw a perceptible expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, gear cutting machine imports declined remarkably to $X in 2021. In general, imports, however, recorded a abrupt downturn. The most prominent rate of growth was recorded in 2020 with an increase of 40% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Nigeria dominates imports structure, finishing at X units, which was approx. 91% of total imports in 2021. Angola (X units) held a relatively small share of total imports.

Nigeria was also the fastest-growing in terms of the gear cutting, gear grinding or gear finishing machines imports, with a CAGR of +79.1% from 2012 to 2021. At the same time, Angola (+21.8%) displayed positive paces of growth. While the share of Nigeria (+90 p.p.) and Angola (+2.4 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Nigeria ($X) constitutes the largest market for imported gear cutting, gear grinding or gear finishing machines in Africa, comprising 41% of total imports. The second position in the ranking was held by Angola ($X), with a 2.5% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value in Nigeria stood at +20.8%.

Import Prices by Country

In 2021, the import price in Africa amounted to $X per unit, waning by -78.2% against the previous year. In general, the import price showed a abrupt curtailment. The pace of growth was the most pronounced in 2017 when the import price increased by 186% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Angola ($X per unit), while Nigeria amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Angola (-26.0%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for gear cutting, gear grinding or gear finishing machines in Africa?

South Africa remains the largest gear cutting machine consuming country in Africa, comprising approx. 61% of total volume. Moreover, gear cutting machine consumption in South Africa exceeded the figures recorded by the second-largest consumer, Nigeria, threefold. The third position in this ranking was occupied by Morocco, with a 5.7% share.

What are the largest producers of gear cutting, gear grinding or gear finishing machines in Africa?

The country with the largest volume of gear cutting machine production was South Africa, accounting for 99% of total volume.

What are the leading exporters of gear cutting, gear grinding or gear finishing machines in Africa?

In value terms, South Africa remains the largest gear cutting machine supplier in Africa.

What are the leading importers of gear cutting, gear grinding or gear finishing machines in Africa?

In value terms, Nigeria constitutes the largest market for imported gear cutting, gear grinding or gear finishing machines in Africa, comprising 45% of total imports. The second position in the ranking was occupied by Morocco, with a 10% share of total imports. It was followed by Ethiopia, with a 7.4% share.

What is the average export price for gear cutting, gear grinding or gear finishing machines in Africa?

In 2021, the gear cutting machine export price in Africa amounted to $49 per unit, with a decrease of -40.3% against the previous year.

What is the average import price for gear cutting, gear grinding or gear finishing machines in Africa?

In 2021, the gear cutting machine import price in Africa amounted to $938 per unit, surging by 36% against the previous year.

This report provides an in-depth analysis of the gear cutting machine market in Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28412430 - Gear cutting, gear grinding or gear finishing machines, for working metals, metal carbides or cermets (excluding planing, s lotting and broaching machines)

Country coverage:

Algeria
Angola
Benin
Botswana
Burkina Faso
Burundi
Cabo Verde
Cameroon
Central African Republic
Chad
Comoros
Congo
Democratic Republic of the Congo
Djibouti
Egypt
Equatorial Guinea
Eritrea
Ethiopia
Gabon
Gambia
Ghana
Guinea
Guinea-Bissau
Kenya
Lesotho
Liberia
Libya
Madagascar
Malawi
Mali
Mauritania
Mauritius
Mayotte
Morocco
Mozambique
Namibia
Niger
Nigeria
Reunion
Rwanda
Saint Helena, Ascension and Tristan da Cunha
Sao Tome and Principe
Senegal
Seychelles
Sierra Leone
Somalia
South Africa
Sudan
Swaziland
Tanzania
Togo
Tunisia
Uganda
Zambia
Zimbabwe
Cote d'Ivoire
Western Sahara
South Sudan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in Africa, split by region and country
Trade (exports and imports) in Africa
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- Algeria
- Angola
- Benin
- Botswana
- Burkina Faso
- Burundi
- Cabo Verde
- Cameroon
- Central African Republic
- Chad
- Comoros
- Congo
- Democratic Republic of the Congo
- Djibouti
- Egypt
- Equatorial Guinea
- Eritrea
- Ethiopia
- Gabon
- Gambia
- Ghana
- Guinea
- Guinea-Bissau
- Kenya
- Lesotho
- Liberia
- Libya
- Madagascar
- Malawi
- Mali
- Mauritania
- Mauritius
- Mayotte
- Morocco
- Mozambique
- Namibia
- Niger
- Nigeria
- Reunion
- Rwanda
- Saint Helena, Ascension and Tristan da Cunha
- Sao Tome and Principe
- Senegal
- Seychelles
- Sierra Leone
- Somalia
- South Africa
- Sudan
- Swaziland
- Tanzania
- Togo
- Tunisia
- Uganda
- Zambia
- Zimbabwe
- Cote d'Ivoire
- Western Sahara
- South Sudan
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023