Africa: Pneumatic Elevator Market 2024

Pneumatic Elevator Market Size in Africa

The African pneumatic elevator market reduced to $X in 2022, waning by -5.5% against the previous year. Overall, consumption, however, continues to indicate a prominent increase. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Pneumatic Elevator Production in Africa

In value terms, pneumatic elevator production dropped to $X in 2022 estimated in export price. Overall, production, however, enjoyed buoyant growth. The growth pace was the most rapid in 2018 when the production volume increased by 97%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Pneumatic Elevator Exports

Exports in Africa

In 2022, the amount of pneumatic elevators and conveyors exported in Africa shrank markedly to X units, waning by -85.4% on the previous year's figure. In general, exports, however, continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 729%. As a result, the exports attained the peak of X units, and then declined dramatically in the following year.

In value terms, pneumatic elevator exports reduced to $X in 2022. Overall, exports recorded a perceptible downturn. The growth pace was the most rapid in 2019 when exports increased by 56% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

South Africa was the major exporter of pneumatic elevators and conveyors in Africa, with the volume of exports reaching X units, which was approx. 76% of total exports in 2022. It was distantly followed by Uganda (X units), making up a 19% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to pneumatic elevator exports from South Africa stood at +18.8%. At the same time, Uganda (+61.7%) displayed positive paces of growth. Moreover, Uganda emerged as the fastest-growing exporter exported in Africa, with a CAGR of +61.7% from 2012-2022. Uganda (+19 p.p.) and South Africa (+12 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 ($X) remains the largest pneumatic elevator supplier in Africa, comprising 72% of total exports. The second position in the ranking was taken by Uganda ($X), with an 8.1% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa amounted to -3.5%.

Export Prices by Country

The export price in Africa stood at $X per unit in 2022, jumping by 490% against the previous year. Over the period under review, the export price, however, faced a deep setback. Over the period under review, the export prices attained the peak figure at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was South Africa ($X per unit), while Uganda totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uganda (-16.1%).

Pneumatic Elevator Imports

Imports in Africa

In 2022, the amount of pneumatic elevators and conveyors imported in Africa dropped remarkably to X units, with a decrease of -46.7% compared with the previous year's figure. In general, imports showed a abrupt contraction. The growth pace was the most rapid in 2017 when imports increased by 1,900% against the previous year. As a result, imports reached the peak of X units. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, pneumatic elevator imports fell sharply to $X in 2022. Over the period under review, imports saw a perceptible decrease. The pace of growth appeared the most rapid in 2014 with an increase of 46% against the previous year. Over the period under review, imports attained the peak figure at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Egypt (X units), distantly followed by Nigeria (X units), Tanzania (X units), Senegal (X units), Uganda (X units), Kenya (X units), South Africa (X units), Algeria (X units) and Morocco (X units) were the major importers of pneumatic elevators and conveyors, together committing 71% of total imports. The following importers - Ghana (X units), Mozambique (X units), Zambia (X units) and Tunisia (X units) - together made up 10% of total imports.

Imports into Egypt decreased at an average annual rate of -14.5% from 2012 to 2022. At the same time, Zambia (+23.5%), Senegal (+22.7%), Tanzania (+18.0%), Uganda (+16.3%), Morocco (+11.6%), Tunisia (+9.6%) and Mozambique (+4.0%) displayed positive paces of growth. Moreover, Zambia emerged as the fastest-growing importer imported in Africa, with a CAGR of +23.5% from 2012-2022. Nigeria and Ghana experienced a relatively flat trend pattern. By contrast, Algeria (-1.6%), Kenya (-3.8%) and South Africa (-14.1%) illustrated a downward trend over the same period. While the share of Tanzania (+6.8 p.p.), Senegal (+6.4 p.p.), Uganda (+5.9 p.p.), Morocco (+4 p.p.), Nigeria (+3.8 p.p.), Mozambique (+1.9 p.p.), Algeria (+1.7 p.p.) and Zambia (+1.7 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of South Africa (-9.5 p.p.) and Egypt (-33.7 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Algeria ($X), Nigeria ($X) and South Africa ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined 31% share of total imports. Senegal, Kenya, Tanzania, Morocco, Egypt, Ghana, Tunisia, Mozambique, Zambia and Uganda lagged somewhat behind, together comprising a further 36%.

Zambia, with a CAGR of +33.7%, saw the highest rates of growth with regard to 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 2022, the import price in Africa amounted to $X per unit, rising by 40% against the previous year. In general, the import price saw a mild expansion. The pace of growth appeared the most rapid in 2018 when the import price increased by 2,224% against the previous year. The level of import peaked 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 Algeria ($X per unit), while Uganda ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Zambia (+8.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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