Africa: Market for Internal Combustion Engines, Excluding Diesel (Other Than For Motor Vehicles And Aircraft) 2024

Market Size for Internal Combustion Engines, Excluding Diesel (Other Than For Motor Vehicles And Aircraft) in Africa

The African market for internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) rose remarkably to $X in 2021, surging by 7.5% against the previous year. The market value increased at an average annual rate of +3.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the market remained at a lower figure.

Production of Internal Combustion Engines, Excluding Diesel (Other Than For Motor Vehicles And Aircraft) in Africa

In value terms, production of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) amounted to $X in 2021 estimated in export price. The total production indicated noticeable growth from 2012 to 2021: its value increased at an average annual rate of +4.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -1.0% against 2019 indices. The pace of growth appeared the most rapid in 2014 when the production volume increased by 40%. Over the period under review, production of attained the peak level at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Exports of Internal Combustion Engines, Excluding Diesel (Other Than For Motor Vehicles And Aircraft)

Exports in Africa

In 2021, overseas shipments of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) increased by 26% to X tons, rising for the second consecutive year after seven years of decline. Over the period under review, exports, however, faced a deep reduction. Over the period under review, the exports of reached the peak figure at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) declined to $X in 2021. Overall, exports, however, showed a pronounced slump. The pace of growth was the most pronounced in 2013 when exports increased by 23%. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

South Africa dominates aircraft) structure, recording X tons, which was near 54% of total exports in 2021. Tanzania (X tons) ranks second in terms of the total exports with an 8.1% share, followed by Kenya (5.2%) and Mauritius (5.2%). The following exporters - Rwanda (X tons), Nigeria (X tons), Mauritania (X tons), Mali (X tons), Senegal (X tons), Angola (X tons) and Niger (X tons) - together made up 19% of total exports.

From 2012 to 2021, average annual rates of growth with regard to internal combustion engine (excl. diesel, moto vehicle and aircraft) exports from South Africa stood at -16.1%. At the same time, Niger (+80.9%), Rwanda (+38.4%), Angola (+36.8%), Kenya (+28.8%), Mauritania (+26.3%), Mauritius (+25.6%), Mali (+17.4%), Nigeria (+14.4%), Senegal (+9.5%) and Tanzania (+3.4%) displayed positive paces of growth. Moreover, Niger emerged as the fastest-growing exporter exported in Africa, with a CAGR of +80.9% from 2012-2021. Tanzania (+6.1 p.p.), Kenya (+5 p.p.), Mauritius (+4.9 p.p.), Rwanda (+3.6 p.p.), Mauritania (+3.2 p.p.), Nigeria (+3 p.p.), Mali (+2.1 p.p.), Senegal (+1.9 p.p.), Niger (+1.8 p.p.) and Angola (+1.7 p.p.) significantly strengthened its position in terms of the total exports, while South Africa saw its share reduced by -35.3% from 2012 to 2021, respectively.

In value terms, South Africa ($X) remains the largest internal combustion engine (excl. diesel, moto vehicle and aircraft) supplier in Africa, comprising 66% of total exports. The second position in the ranking was taken by Mauritania ($X), with a 6.1% share of total exports. It was followed by Kenya, with a 5.3% share.

In South Africa, exports of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) shrank by an average annual rate of -4.5% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Mauritania (+44.1% per year) and Kenya (+25.6% per year).

Export Prices by Country

In 2021, the export price in Africa amounted to $X per ton, falling by -24.5% against the previous year. Over the period under review, the export price, however, saw a strong increase. The growth pace was the most rapid in 2016 an increase of 34%. Over the period under review, the export prices hit record highs at $X per ton in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Mauritania ($X per ton), while Tanzania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mauritania (+14.1%), while the other leaders experienced more modest paces of growth.

Imports of Internal Combustion Engines, Excluding Diesel (Other Than For Motor Vehicles And Aircraft)

Imports in Africa

In 2021, overseas purchases of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) decreased by -2% to X tons, falling for the second year in a row after two years of growth. Overall, imports saw a slight contraction. The most prominent rate of growth was recorded in 2016 when imports increased by 72% against the previous year. As a result, imports reached the peak of X tons. From 2017 to 2021, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) surged to $X in 2021. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when imports increased by 120%. As a result, imports attained the peak of $X. From 2017 to 2021, the growth of imports of remained at a somewhat lower figure.

Imports by Country

In 2021, Nigeria (X tons), distantly followed by South Africa (X tons), Ghana (X tons), Cameroon (X tons), Morocco (X tons), Kenya (X tons), Egypt (X tons) and Algeria (X tons) represented the main importers of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft), together achieving 69% of total imports. Cote d'Ivoire (X tons), Tanzania (X tons), Senegal (X tons), Democratic Republic of the Congo (X tons) and Guinea (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Cameroon (with a CAGR of +49.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X) constitutes the largest market for imported internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) in Africa, comprising 18% of total imports. The second position in the ranking was held by Algeria ($X), with a 7.8% share of total imports. It was followed by Egypt, with a 7.5% share.

In South Africa, imports of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) remained relatively stable over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Algeria (+10.9% per year) and Egypt (-1.5% per year).

Import Prices by Country

In 2021, the import price in Africa amounted to $X per ton, increasing by 28% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2016 when the import price increased by 28% against the previous year. As a result, import price attained the peak level of $X per ton. From 2017 to 2021, the import prices remained at a lower figure.

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 Tanzania ($X per ton), while Nigeria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Tanzania (+10.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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