Africa: Agricultural Harvester Market 2024

Agricultural Harvester Market Size in Africa

The African agricultural harvester market skyrocketed to $X in 2022, jumping by X% against the previous year. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Agricultural Harvester Production in Africa

In value terms, agricultural harvester production expanded significantly to $X in 2022 estimated in export price. The total production indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Agricultural Harvester Exports

Exports in Africa

In 2022, approx. X units of agricultural harvesters were exported in Africa; with an increase of X% on the year before. In general, exports, however, saw a dramatic slump. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, the exports attained the peak of X units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, agricultural harvester exports reduced notably to $X in 2022. Overall, exports, however, showed a pronounced contraction. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X, and then fell dramatically in the following year.

Exports by Country

South Africa represented the main exporter of agricultural harvesters in Africa, with the volume of exports recording X units, which was near X% of total exports in 2022. Rwanda (X units) took the second position in the ranking, distantly followed by Tanzania (X units). All these countries together took near X% share of total exports. The following exporters - Sudan (X units), Morocco (X units), Mauritius (X units), Zambia (X units) and Kenya (X units) - together made up X% of total exports.

From 2012 to 2022, average annual rates of growth with regard to agricultural harvester exports from South Africa stood at X%. At the same time, Sudan (X%), Rwanda (X%), Tanzania (X%), Mauritius (X%), Kenya (X%) and Morocco (X%) displayed positive paces of growth. Moreover, Sudan emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. By contrast, Zambia (X%) illustrated a downward trend over the same period. While the share of South Africa (X p.p.), Rwanda (X p.p.), Tanzania (X p.p.), Sudan (X p.p.), Morocco (X p.p.), Mauritius (X p.p.), Kenya (X p.p.) and Zambia (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest agricultural harvester supplier in Africa, comprising X% of total exports. The second position in the ranking was taken by Zambia ($X), with a X% share of total exports. It was followed by Kenya, with a X% share.

In South Africa, agricultural harvester exports contracted by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Zambia (X% per year) and Kenya (X% per year).

Export Prices by Country

The export price in Africa stood at $X per unit in 2022, dropping by X% against the previous year. Over the period under review, the export price, however, continues to indicate a significant increase. The growth pace was the most rapid in 2021 an increase of X%. The level of export peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tanzania (X%), while the other leaders experienced more modest paces of growth.

Agricultural Harvester Imports

Imports in Africa

In 2022, the amount of agricultural harvesters imported in Africa stood at X units, with an increase of X% compared with the year before. Total imports indicated a resilient expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2017 indices. The pace of growth appeared the most rapid in 2013 with an increase of X%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, agricultural harvester imports soared to $X in 2022. Total imports indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2017 indices. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Sudan (X units), distantly followed by Egypt (X units), South Africa (X units), Tanzania (X units) and Morocco (X units) were the largest importers of agricultural harvesters, together mixing up X% of total imports. Angola (X units), Ethiopia (X units), Ghana (X units), Nigeria (X units), Zimbabwe (X units), Benin (X units), Zambia (X units) and Namibia (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to agricultural harvester imports into Sudan stood at X%. At the same time, Benin (X%), Tanzania (X%), Angola (X%), Nigeria (X%), Zimbabwe (X%), Ghana (X%), Ethiopia (X%), Namibia (X%), South Africa (X%) and Egypt (X%) displayed positive paces of growth. Moreover, Benin emerged as the fastest-growing importer imported in Africa, with a CAGR of X% from 2012-2022. By contrast, Zambia (X%) and Morocco (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Sudan, Tanzania, Angola and Benin increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported agricultural harvesters in Africa, comprising X% of total imports. The second position in the ranking was held by Sudan ($X), with a X% share of total imports. It was followed by Nigeria, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa amounted to X%. In the other countries, the average annual rates were as follows: Sudan (X% per year) and Nigeria (X% per year).

Import Prices by Country

In 2022, the import price in Africa amounted to $X per unit, growing by X% against the previous year. Overall, the import price, however, continues to indicate a pronounced decrease. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was South Africa ($X per unit), while Benin ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ghana (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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