Africa: Metal Removing Lathe Market 2020

Metal Removing Lathe Market Size in Africa

The revenue of the metal removing lathe market in Africa amounted to $X in 2017, waning by -X% against the previous year. The metal removing lathe consumption continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2012, when it surged by X% year-to-year. Over the period under review, the metal removing lathe market reached its peak figure level of $X in 2010; however, from 2011 to 2017, it failed to regain its momentum.

Metal Removing Lathe Production in Africa

In 2017, production of lathes, including turning centres, for removing metal in Africa totaled X units, rising by X% against the previous year. The metal removing lathe production continues to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2008, with an increase of X% against the previous year. The volume of metal removing lathe production peaked in 2017, and is expected to retain its growth in the near future.

Metal Removing Lathe Exports in Africa

The exports amounted to X units in 2017, rising by X% against the previous year. The metal removing lathe exports continue to indicate a prominent expansion. The growth pace was the most rapid in 2016, when exports increased by X% against the previous year. The volume of exports peaked in 2017, and are expected to retain its growth in the near future.

In value terms, metal removing lathe exports totaled $X in 2017. The metal removing lathe exports continue to indicate a noticeable expansion. In that year, the metal removing lathe exports reached their peak level of $X. From 2014 to 2017, growth of the metal removing lathe exports stood at a somewhat lower level.

Metal Removing Lathe Exports by Country in Africa

Libya represented the key exporting country with an export of around X units, which finished at X% of total exports. It was distantly followed by South Africa (X units), constituting X% share of total exports.

Libya was also the fastest growing in terms of the lathes, including turning centres, for removing metal exports, with a CAGR of +X% from 2007 to 2017. South Africa (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of South Africa increased by X% percentage points, while Libya (-X%) saw their share reduced.

In value terms, South Africa ($X) remains the largest metal removing lathe supplier in Africa, making up X% of global exports. The second position in the ranking was occupied by Libya ($X), with a X% share of global exports.

In South Africa, metal removing lathe exports expanded at an average annual rate of +X% over the period from 2007-2017.

Metal Removing Lathe Export Prices by Country in Africa

In 2017, the metal removing lathe export price in Africa amounted to $X per unit, lowering by -X% against the previous year. The metal removing lathe export price continues to indicate an abrupt reduction. The most prominent rate of growth was recorded in 2015, an increase of X% y-o-y. In that year, the export prices for lathes, including turning centres, for removing metal reached their peak level of $X per unit. From 2016 to 2017, growth of the export prices for lathes, including turning centres, for removing metal failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was South Africa ($X per unit), while Libya ($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 South Africa (+X% per year).

Metal Removing Lathe Imports in Africa

The imports totaled X units in 2017, growing by X% against the previous year. The metal removing lathe imports continue 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. The volume of imports peaked of X units in 2011; however, from 2012 to 2017, it failed to regain its momentum.

In value terms, metal removing lathe imports totaled $X in 2017. The metal removing lathe imports continue to indicate a deep slump. In that year, the metal removing lathe imports attained their peak level of $X. From 2009 to 2017, growth of the metal removing lathe imports stood at a somewhat lower level.

Metal Removing Lathe Imports by Country in Africa

South Africa (X units), Egypt (X units) and Swaziland (X units) represented roughly X% of total imports of lathes, including turning centres, for removing metal in 2017. Mauritania (X units) took the second position in the ranking, followed by Kenya (X units). All these countries together took near X% share of total imports. Ethiopia (X units) occupied the minor share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Mauritania (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest metal removing lathe markets worldwide were South Africa ($X), Kenya ($X) and Egypt ($X), with a combined X% share of total imports. These countries were followed by Mauritania, Ethiopia and Swaziland, which together accounted for a further X%.

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

Metal Removing Lathe Import Prices by Country in Africa

In 2017, the metal removing lathe import price in Africa amounted to $X thousand per unit, coming down by -X% against the previous year. The metal removing lathe import price continues to indicate a deep shrinkage. The most prominent rate of growth was recorded in 2016, an increase of X% y-o-y. Over the period under review, the import prices for lathes, including turning centres, for removing metal attained its peak figure level of $X thousand per unit in 2009; however, from 2010 to 2017, it failed to regain its momentum.

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

Source: IndexBox Platform