Africa: Market for Machinery For Moulding Or Retreading Pneumatic Tyres 2025

Market Size for Machinery For Moulding Or Retreading Pneumatic Tyres in Africa

In 2022, the African pneumatic tyre retreading machinery market increased by 25% to $X for the first time since 2016, thus ending a five-year declining trend. Overall, consumption, however, faced a abrupt decline. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Machinery For Moulding Or Retreading Pneumatic Tyres in Africa

In value terms, pneumatic tyre retreading machinery production fell slightly to $X in 2022 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 56% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Exports of Machinery For Moulding Or Retreading Pneumatic Tyres

Exports in Africa

Pneumatic tyre retreading machinery exports soared to X units in 2022, picking up by 96% against 2021. Overall, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2019 with an increase of 1,917%. As a result, the exports attained the peak of X units. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, pneumatic tyre retreading machinery exports surged to $X in 2022. In general, exports showed a significant increase. The growth pace was the most rapid in 2018 when exports increased by 334% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the near future.

Exports by Country

In 2022, South Africa (X units) was the major exporter of machinery for moulding or retreading pneumatic tyres in Africa, generating 97% of total export.

South Africa was also the fastest-growing in terms of the machinery for moulding or retreading pneumatic tyres exports, with a CAGR of +38.0% from 2012 to 2022. South Africa (+69 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) also remains the largest pneumatic tyre retreading machinery supplier in Africa.

In South Africa, pneumatic tyre retreading machinery exports increased at an average annual rate of +28.1% over the period from 2012-2022.

Export Prices by Country

The export price in Africa stood at $X per unit in 2022, dropping by -4.1% against the previous year. Over the period under review, the export price, however, saw strong growth. The pace of growth appeared the most rapid in 2020 an increase of 485%. The level of export peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for South Africa.

From 2012 to 2022, the rate of growth in terms of prices for South Africa amounted to -7.2% per year.

Imports of Machinery For Moulding Or Retreading Pneumatic Tyres

Imports in Africa

In 2022, overseas purchases of machinery for moulding or retreading pneumatic tyres increased by 9.4% to X units, rising for the second consecutive year after four years of decline. Over the period under review, imports, however, faced a precipitous slump. The growth pace was the most rapid in 2021 when imports increased by 88% against the previous year. The volume of import peaked at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, pneumatic tyre retreading machinery imports surged to $X in 2022. In general, imports, however, showed a pronounced setback. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, South Africa (X units) represented the largest importer of machinery for moulding or retreading pneumatic tyres, generating 45% of total imports. Nigeria (X units) took a 12% share (based on physical terms) of total imports, which put it in second place, followed by Botswana (9.7%) and Angola (5.2%). Sierra Leone (X units), Morocco (X units), Kenya (X units), Uganda (X units), Djibouti (X units), Cote d'Ivoire (X units) and Sudan (X units) followed a long way behind the leaders.

Imports into South Africa decreased at an average annual rate of -33.7% from 2012 to 2022. At the same time, Sierra Leone (+65.9%), Nigeria (+47.5%), Cote d'Ivoire (+33.3%), Uganda (+25.8%), Sudan (+21.7%), Botswana (+14.9%), Djibouti (+12.9%), Morocco (+9.9%), Kenya (+4.9%) and Angola (+2.0%) displayed positive paces of growth. Moreover, Sierra Leone emerged as the fastest-growing importer imported in Africa, with a CAGR of +65.9% from 2012-2022. From 2012 to 2022, the share of Nigeria, Botswana, Angola, Sierra Leone, Morocco, Kenya, Uganda, Djibouti, Cote d'Ivoire and Sudan increased by +12, +9.6, +5, +4.2, +3.1, +2.8, +2.7, +2.6, +1.9 and +1.5 percentage points, respectively.

In value terms, South Africa ($X) constitutes the largest market for imported machinery for moulding or retreading pneumatic tyres in Africa, comprising 56% of total imports. The second position in the ranking was taken by Nigeria ($X), with a 9.5% share of total imports. It was followed by Morocco, with a 7.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa totaled -3.0%. The remaining importing countries recorded the following average annual rates of imports growth: Nigeria (+52.4% per year) and Morocco (+9.0% per year).

Import Prices by Country

In 2022, the import price in Africa amounted to $X per unit, with an increase of 62% against the previous year. Over the period under review, the import price enjoyed a significant expansion. The most prominent rate of growth was recorded in 2013 when the import price increased by 490% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2020; however, from 2021 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 Morocco ($X per unit), while Sierra Leone ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+46.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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