Africa: Market for Pneumatic Linear Acting Actuators 2024

Market Size for Pneumatic Linear Acting Actuators in Africa

The African pneumatic linear acting actuator market shrank to $X in 2022, waning by -4.4% against the previous year. The market value increased at an average annual rate of +3.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Production of Pneumatic Linear Acting Actuators in Africa

In value terms, pneumatic linear acting actuator production contracted to $X in 2022 estimated in export price. The total production indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +2.5% against 2020 indices. The pace of growth appeared the most rapid in 2015 with an increase of 28% against the previous year. Over the period under review, production reached the maximum level at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Exports of Pneumatic Linear Acting Actuators

Exports in Africa

In 2022, overseas shipments of pneumatic linear acting actuators decreased by -0.6% to X units for the first time since 2019, thus ending a two-year rising trend. Total exports indicated prominent growth from 2012 to 2022: its volume increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.3% against 2019 indices. The pace of growth was the most pronounced in 2017 with an increase of 53% against the previous year. Over the period under review, the exports hit record highs at X units in 2021, and then shrank in the following year.

In value terms, pneumatic linear acting actuator exports expanded rapidly to $X in 2022. Overall, exports, however, recorded a buoyant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 41%. The level of export peaked in 2022 and is likely to continue growth in years to come.

Exports by Country

South Africa represented the main exporting country with an export of about X units, which recorded 63% of total exports. It was distantly followed by Tunisia (X units), creating a 24% share of total exports. Ghana (X units), Egypt (X units) and Morocco (X units) held a minor share of total exports.

Exports from South Africa increased at an average annual rate of +3.6% from 2012 to 2022. At the same time, Tunisia (+46.3%), Egypt (+26.2%), Ghana (+10.0%) and Morocco (+1.2%) displayed positive paces of growth. Moreover, Tunisia emerged as the fastest-growing exporter exported in Africa, with a CAGR of +46.3% from 2012-2022. While the share of Tunisia (+23 p.p.), Egypt (+2.5 p.p.) and Morocco (+2.2 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of South Africa (-15.8 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest pneumatic linear acting actuator supplier in Africa, comprising 66% of total exports. The second position in the ranking was held by Tunisia ($X), with a 24% share of total exports. It was followed by Egypt, with a 2.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa amounted to +5.0%. The remaining exporting countries recorded the following average annual rates of exports growth: Tunisia (+40.5% per year) and Egypt (+28.7% per year).

Export Prices by Country

The export price in Africa stood at $X per unit in 2022, with an increase of 10% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2014 when the export price increased by 12% against the previous year. The level of export peaked at $X per unit in 2020; however, from 2021 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 ($X per unit), while Morocco ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+1.9%), while the other leaders experienced more modest paces of growth.

Imports of Pneumatic Linear Acting Actuators

Imports in Africa

In 2022, after four years of growth, there was significant decline in overseas purchases of pneumatic linear acting actuators, when their volume decreased by -19.9% to X units. In general, imports, however, posted strong growth. The growth pace was the most rapid in 2018 when imports increased by 62% against the previous year. Over the period under review, imports hit record highs at X units in 2021, and then contracted dramatically in the following year.

In value terms, pneumatic linear acting actuator imports shrank to $X in 2022. Total imports indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -13.5% against 2019 indices. The pace of growth was the most pronounced in 2018 when imports increased by 53% against the previous year. Over the period under review, imports attained the maximum at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Nigeria (X units), distantly followed by South Africa (X units), Algeria (X units), Ghana (X units), Libya (X units) and Tunisia (X units) represented the largest importers of pneumatic linear acting actuators, together creating 72% of total imports. Egypt (X units), Morocco (X units), Sudan (X units), Cote d'Ivoire (X units), Democratic Republic of the Congo (X units) and Kenya (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Morocco (with a CAGR of +36.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest pneumatic linear acting actuator importing markets in Africa were South Africa ($X), Nigeria ($X) and Algeria ($X), together accounting for 49% of total imports. Tunisia, Morocco, Egypt, Ghana, Libya, Democratic Republic of the Congo, Cote d'Ivoire, Kenya and Sudan lagged somewhat behind, together comprising a further 30%.

Morocco, with a CAGR of +29.2%, 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 2022, the import price in Africa amounted to $X per unit, with an increase of 10% against the previous year. Over the period under review, the import price, however, saw a noticeable decrease. Over the period under review, import prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 ($X per unit), while Libya ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kenya (+0.0%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :