Africa: Market for Machine-Tools For Working Stone, Ceramics, And Concrete 2025

Market Size for Machine-Tools For Working Stone, Ceramics, And Concrete in Africa

In 2022, the African market for machine-tools for working stone, ceramics, and concrete decreased by -26.3% to $X, falling for the third year in a row after two years of growth. Over the period under review, consumption, however, saw a temperate increase. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Production of Machine-Tools For Working Stone, Ceramics, And Concrete in Africa

In value terms, machine tools for working stone production amounted to $X in 2022 estimated in export price. In general, production recorded a remarkable increase. The pace of growth appeared the most rapid in 2015 when the production volume increased by 79%. The level of production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Exports of Machine-Tools For Working Stone, Ceramics, And Concrete

Exports in Africa

In 2022, machine tools for working stone exports in Africa contracted dramatically to X units, waning by -65.7% on the year before. Overall, exports saw a deep setback. The pace of growth was the most pronounced in 2021 when exports increased by 178% against the previous year. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, machine tools for working stone exports reduced markedly to $X in 2022. Over the period under review, exports recorded a deep slump. The growth pace was the most rapid in 2021 when exports increased by 166% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Botswana (X units) and South Africa (X units) were the largest exporters of machine-tools for working stone, ceramics, and concrete in Africa, together recording approx. 42% of total exports. Cabo Verde (X units) ranks next in terms of the total exports with a 12% share, followed by Morocco (9.5%), Tunisia (7.4%) and Egypt (6%). The following exporters - Togo (X units), Senegal (X units), Tanzania (X units), Nigeria (X units), Zambia (X units) and Mozambique (X units) - together made up 16% of total exports.

From 2012 to 2022, the biggest increases were recorded for Togo (with a CAGR of +47.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Cabo Verde ($X) emerged as the largest machine tools for working stone supplier in Africa, comprising 41% of total exports. The second position in the ranking was held by South Africa ($X), with a 14% share of total exports. It was followed by Tunisia, with an 8.9% share.

In Cabo Verde, machine tools for working stone exports increased at an average annual rate of +21.4% over the period from 2012-2022. In the other countries, the average annual rates were as follows: South Africa (-23.8% per year) and Tunisia (+28.1% per year).

Export Prices by Country

The export price in Africa stood at $X per unit in 2022, growing by 28% against the previous year. Export price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 an increase of 52%. As a result, the export price reached the peak level of $X per unit. From 2019 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 Cabo Verde ($X per unit), while Morocco ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nigeria (+15.4%), while the other leaders experienced more modest paces of growth.

Imports of Machine-Tools For Working Stone, Ceramics, And Concrete

Imports in Africa

In 2022, overseas purchases of machine-tools for working stone, ceramics, and concrete decreased by -28.2% to X units, falling for the third consecutive year after two years of growth. In general, imports, however, saw a pronounced increase. The pace of growth was the most pronounced in 2014 with an increase of 595% against the previous year. Over the period under review, imports attained the peak figure at X units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, machine tools for working stone imports reduced markedly to $X in 2022. Over the period under review, imports recorded a perceptible setback. The most prominent rate of growth was recorded in 2014 when imports increased by 815% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Nigeria dominates imports structure, accounting for X units, which was near 68% of total imports in 2022. It was distantly followed by Algeria (X units), generating a 6.9% share of total imports. The following importers - Morocco (X units), Kenya (X units), Libya (X units) and Tunisia (X units) - together made up 12% of total imports.

Nigeria was also the fastest-growing in terms of the machine-tools for working stone, ceramics, and concrete imports, with a CAGR of +12.3% from 2012 to 2022. At the same time, Kenya (+11.8%) displayed positive paces of growth. Libya, Algeria and Morocco experienced a relatively flat trend pattern. By contrast, Tunisia (-11.4%) illustrated a downward trend over the same period. While the share of Nigeria (+38 p.p.) and Kenya (+1.7 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Morocco (-2.2 p.p.), Algeria (-3 p.p.) and Tunisia (-8.2 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Nigeria ($X), Algeria ($X) and Morocco ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined 61% share of total imports.

Nigeria, with a CAGR of +2.5%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Africa amounted to $X per unit, with a decrease of -15.2% against the previous year. Overall, the import price showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 when the import price increased by 98%. Over the period under review, import prices hit record highs at $X per unit in 2015; however, from 2016 to 2022, import prices remained at a 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 Algeria ($X per unit), while Libya ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Morocco (+3.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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