Africa: Metal Deburring Machine Market 2024

Metal Deburring Machine Market Size in Africa

In 2021, the African metal deburring machine market decreased by -11.3% to $X, falling for the second year in a row after two years of growth. In general, consumption, however, recorded measured growth. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the market failed to regain momentum.

Metal Deburring Machine Production in Africa

In value terms, metal deburring machine production soared to $X in 2021 estimated in export price. The total production indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +6.2% 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 -12.1% against 2019 indices. The pace of growth appeared the most rapid in 2013 with an increase of 84%. The level of production peaked at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Metal Deburring Machine Exports

Exports in Africa

In 2021, metal deburring machine exports in Africa declined notably to X units, reducing by -54.1% on the previous year. Over the period under review, exports continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2014 with an increase of 85% against the previous year. As a result, the exports attained the peak of X units. From 2015 to 2021, the growth of the exports failed to regain momentum.

In value terms, metal deburring machine exports shrank notably to $X in 2021. Overall, exports saw a abrupt setback. The most prominent rate of growth was recorded in 2014 when exports increased by 117%. As a result, the exports reached the peak of $X. From 2015 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

South Africa prevails in exports structure, recording X units, which was approx. 88% of total exports in 2021. Nigeria (X units) and Morocco (X units) followed a long way behind the leaders.

Exports from South Africa decreased at an average annual rate of -19.7% from 2012 to 2021. At the same time, Nigeria (+47.1%) and Morocco (+22.4%) displayed positive paces of growth. Moreover, Nigeria emerged as the fastest-growing exporter exported in Africa, with a CAGR of +47.1% from 2012-2021. Nigeria (+4.1 p.p.) and Morocco (+2.6 p.p.) significantly strengthened its position in terms of the total exports, while South Africa saw its share reduced by -11% from 2012 to 2021, respectively.

In value terms, South Africa ($X) remains the largest metal deburring machine supplier in Africa, comprising 54% of total exports. The second position in the ranking was held by Morocco ($X), with a 16% share of total exports.

In South Africa, metal deburring machine exports decreased by an average annual rate of -17.0% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Morocco (+13.9% per year) and Nigeria (+13.4% per year).

Export Prices by Country

The export price in Africa stood at $X per unit in 2021, growing by 42% against the previous year. In general, the export price continues to indicate prominent growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Morocco ($X per unit), while Nigeria ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Africa (+3.4%), while the other leaders experienced a decline in the export price figures.

Metal Deburring Machine Imports

Imports in Africa

In 2021, supplies from abroad of machines for deburring or polishing metal decreased by -39.8% to X units, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a pronounced slump. The most prominent rate of growth was recorded in 2019 with an increase of 95%. As a result, imports reached the peak of X units. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, metal deburring machine imports contracted rapidly to $X in 2021. Overall, imports saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2019 with an increase of 107% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, South Africa (X units), Egypt (X units), Tanzania (X units), Nigeria (X units), Algeria (X units) and Ghana (X units) represented the main importer of machines for deburring or polishing metal in Africa, mixing up 65% of total import. It was distantly followed by Mozambique (X units), committing a 5.5% share of total imports. Cote d'Ivoire (X units), Djibouti (X units), Angola (X units), Kenya (X units), Cameroon (X units) and Morocco (X units) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Ghana (with a CAGR of +37.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X), Algeria ($X) and Egypt ($X) constituted the countries with the highest levels of imports in 2021, together comprising 36% of total imports. These countries were followed by Ghana, Nigeria, Angola, Morocco, Mozambique, Kenya, Djibouti, Cameroon, Tanzania and Cote d'Ivoire, which together accounted for a further 36%.

Ghana, with a CAGR of +32.3%, recorded the highest growth rate of 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 2021, the import price in Africa amounted to $X per unit, rising by 8.2% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the import price increased by 19%. As a result, import price attained the peak level of $X per unit. From 2015 to 2021, the import prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Angola ($X per unit), while Tanzania ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Djibouti (+7.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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