Africa: Market for Parts Of Apparatus Of Hs 2025

Market Size for Parts Of Apparatus Of Hs in Africa

In 2021, the African market for parts of apparatus of hs decreased by -9% to $X, falling for the second year in a row after three years of growth. Over the period under review, consumption continues to indicate a significant decrease. The level of consumption peaked at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Production of Parts Of Apparatus Of Hs in Africa

In value terms, parts of apparatus of hs production surged to $X in 2021 estimated in export price. In general, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the production volume increased by 252%. As a result, production reached the peak level of $X. From 2015 to 2021, production growth remained at a lower figure.

Exports of Parts Of Apparatus Of Hs

Exports in Africa

In 2021, overseas shipments of parts of apparatus of hs increased by 36% to X units, rising for the second year in a row after two years of decline. Over the period under review, exports, however, faced a precipitous slump. The growth pace was the most rapid in 2017 with an increase of 61% against the previous year. The volume of export peaked at X units in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, parts of apparatus of hs exports soared to $X in 2021. Overall, exports, however, saw a perceptible decrease. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Rwanda (X units) and South Africa (X units) prevails in exports structure, together creating 84% of total exports. It was distantly followed by Botswana (X units), creating a 5.6% share of total exports. Nigeria (X units) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Rwanda (with a CAGR of +104.3%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, South Africa ($X) remains the largest parts of apparatus of hs supplier in Africa, comprising 75% of total exports. The second position in the ranking was held by Botswana ($X), with a 3.2% share of total exports. It was followed by Rwanda, with a 2.3% share.

In South Africa, parts of apparatus of hs exports increased at an average annual rate of +2.5% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Botswana (+0.2% per year) and Rwanda (+44.6% per year).

Export Prices by Country

In 2021, the export price in Africa amounted to $X per unit, reducing by -3.9% against the previous year. Overall, the export price, however, saw a significant expansion. The growth pace was the most rapid in 2016 an increase of 4,802% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2017 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, the country with the highest price was South Africa ($X per unit), while Rwanda ($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 (+78.7%), while the other leaders experienced mixed trends in the export price figures.

Imports of Parts Of Apparatus Of Hs

Imports in Africa

Parts of apparatus of hs imports was estimated at X units in 2021, rising by 5% compared with the previous year's figure. In general, imports, however, faced a dramatic curtailment. The most prominent rate of growth was recorded in 2019 when imports increased by 33% against the previous year. The volume of import peaked at X units in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, parts of apparatus of hs imports soared to $X in 2021. Total imports indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +5.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +75.3% against 2016 indices. The pace of growth was the most pronounced in 2018 with an increase of 21%. The level of import peaked in 2021 and is likely to see gradual growth in years to come.

Imports by Country

In 2021, Kenya (X units), Ghana (X units), Nigeria (X units), South Africa (X units), Angola (X units), Togo (X units), Ethiopia (X units), Cote d'Ivoire (X units), Democratic Republic of the Congo (X units), Morocco (X units), Botswana (X units) and Burkina Faso (X units) represented the main importer of parts of apparatus of hs in Africa, comprising 70% of total import. Cameroon (X units) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Democratic Republic of the Congo (with a CAGR of +39.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest parts of apparatus of hs importing markets in Africa were South Africa ($X), Kenya ($X) and Ghana ($X), with a combined 50% share of total imports.

Ghana, with a CAGR of +21.3%, saw the highest growth rate of the value of imports, among 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, with an increase of 15% against the previous year. Overall, the import price saw a significant expansion. The growth pace was the most rapid in 2016 when the import price increased by 7,063%. As a result, import price attained the peak level of $X per unit. From 2017 to 2021, the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was South Africa ($X per unit), while Togo ($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 (+104.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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