Africa: Pile-Driver Market 2024

Pile-Driver Market Size in Africa

In 2021, the African pile-driver market increased by 4.6% to $X, rising for the second consecutive year after four years of decline. Over the period under review, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.

Pile-Driver Production in Africa

In value terms, pile-driver production reached $X in 2021 estimated in export price. In general, production, however, saw a slight reduction. The pace of growth was the most pronounced in 2017 with an increase of 4.2% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Pile-Driver Exports

Exports in Africa

In 2021, overseas shipments of pile-drivers and pile-extractors decreased by -3.4% to X units, falling for the second year in a row after five years of growth. Overall, exports, however, posted strong growth. The growth pace was the most rapid in 2013 with an increase of 281% against the previous year. The volume of export peaked at X units in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, pile-driver exports reduced to $X in 2021. In general, exports, however, enjoyed a notable increase. The most prominent rate of growth was recorded in 2017 when exports increased by 95% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Congo (X units) and Senegal (X units) were the largest exporters of pile-drivers and pile-extractors in 2021, reaching approx. 23% and 22% of total exports, respectively. South Africa (X units) took the next position in the ranking, followed by Cote d'Ivoire (X units), Swaziland (X units) and Tanzania (X units). All these countries together held approx. 36% share of total exports. Mali (X units) took a little share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Mali (with a CAGR of +100.0%), while the other leaders experienced more modest paces of growth.

In value terms, Tanzania ($X), Congo ($X) and South Africa ($X) were the countries with the highest levels of exports in 2021, with a combined 43% share of total exports. Senegal, Swaziland, Cote d'Ivoire and Mali lagged somewhat behind, together comprising a further 23%.

Mali, with a CAGR of +149.2%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Africa stood at $X per unit in 2021, falling by -12% against the previous year. Overall, the export price faced a abrupt curtailment. The pace of growth appeared the most rapid in 2020 an increase of 230%. The level of export peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mali (+24.6%), while the other leaders experienced more modest paces of growth.

Pile-Driver Imports

Imports in Africa

Pile-driver imports fell dramatically to X units in 2021, dropping by -24.1% against the previous year. In general, imports showed a pronounced slump. The pace of growth appeared the most rapid in 2013 when imports increased by 3,184%. As a result, imports attained the peak of X units. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, pile-driver imports dropped to $X in 2021. Overall, imports saw a mild decrease. The most prominent rate of growth was recorded in 2014 when imports increased by 40%. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports remained at a lower figure.

Imports by Country

The purchases of the four major importers of pile-drivers and pile-extractors, namely Chad, Nigeria, Somalia and Cote d'Ivoire, represented more than half of total import. Benin (X units) took the next position in the ranking, followed by Egypt (X units) and Madagascar (X units). All these countries together held approx. 18% share of total imports. The following importers - Tanzania (X units), South Africa (X units), Senegal (X units) and Morocco (X units) - together made up 14% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Somalia (with a CAGR of +74.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest pile-driver importing markets in Africa were Nigeria ($X), Egypt ($X) and Chad ($X), together accounting for 37% of total imports. South Africa, Somalia, Madagascar, Senegal, Morocco, Cote d'Ivoire, Tanzania and Benin lagged somewhat behind, together comprising a further 39%.

Somalia, with a CAGR of +76.9%, saw 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, jumping by 22% against the previous year. Overall, the import price recorded a noticeable increase. The growth pace was the most rapid in 2016 when the import price increased by 1,682% against the previous year. The level of import peaked at $X per unit in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Senegal (+20.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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