Africa: Market for Pulley Tackle And Hoists Powered By An Electric Motor 2025

Market Size for Pulley Tackle And Hoists Powered By An Electric Motor in Africa

The African market for pulley tackle and hoists powered by an electric motor amounted to $X in 2022, with an increase of 1.9% against the previous year. The market value increased at an average annual rate of +3.6% 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 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Pulley Tackle And Hoists Powered By An Electric Motor in Africa

In value terms, production of pulley tackle and hoists powered by an electric motor reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.2% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2015 when the production volume increased by 17%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Pulley Tackle And Hoists Powered By An Electric Motor

Exports in Africa

In 2022, the amount of pulley tackle and hoists powered by an electric motor exported in Africa contracted sharply to X units, with a decrease of -30% on the previous year's figure. Over the period under review, exports, however, posted a noticeable expansion. The most prominent rate of growth was recorded in 2014 with an increase of 189%. The volume of export peaked at X units in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, exports of pulley tackle and hoists powered by an electric motor reduced sharply to $X in 2022. In general, exports saw a noticeable curtailment. The most prominent rate of growth was recorded in 2013 with an increase of 90%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports of failed to regain momentum.

Exports by Country

South Africa prevails in motor structure, reaching X units, which was approx. 92% of total exports in 2022. Morocco (X units) followed a long way behind the leaders.

South Africa was also the fastest-growing in terms of the pulley tackle and hoists powered by an electric motor exports, with a CAGR of +4.6% from 2012 to 2022. At the same time, Morocco (+2.2%) displayed positive paces of growth. From 2012 to 2022, the share of South Africa increased by +12 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest pulley tackle and hoists powered by an electric motor supplier in Africa, comprising 82% of total exports. The second position in the ranking was taken by Morocco ($X), with a 6.5% share of total exports.

In South Africa, exports of pulley tackle and hoists powered by an electric motor contracted by an average annual rate of -2.9% over the period from 2012-2022.

Export Prices by Country

The export price in Africa stood at $X per unit in 2022, reducing by -2% against the previous year. Over the period under review, the export price saw a deep reduction. The most prominent rate of growth was recorded in 2018 an increase of 131%. Over the period under review, the export prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Morocco (+8.9%).

Imports of Pulley Tackle And Hoists Powered By An Electric Motor

Imports in Africa

In 2022, overseas purchases of pulley tackle and hoists powered by an electric motor were finally on the rise to reach X units after three years of decline. Overall, imports enjoyed a prominent increase. The most prominent rate of growth was recorded in 2013 with an increase of 74% against the previous year. Over the period under review, imports of attained the maximum at X units in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, imports of pulley tackle and hoists powered by an electric motor fell to $X in 2022. Total imports indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of +2.1% 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 -21.6% against 2019 indices. The most prominent rate of growth was recorded in 2013 with an increase of 40% against the previous year. Over the period under review, imports of reached the maximum at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Egypt (X units) was the largest importer of pulley tackle and hoists powered by an electric motor, generating 37% of total imports. South Africa (X units) took a 15% share (based on physical terms) of total imports, which put it in second place, followed by Morocco (11%), Algeria (7.2%) and Nigeria (5.4%). The following importers - Senegal (X units), Tunisia (X units), Ghana (X units), Kenya (X units), Botswana (X units) and Mauritius (X units) - together made up 15% of total imports.

From 2012 to 2022, average annual rates of growth with regard to pulley tackle and hoists powered by an electric motor imports into Egypt stood at +8.0%. At the same time, Senegal (+34.2%), Botswana (+17.1%), Algeria (+17.1%), Ghana (+15.2%), Kenya (+13.6%), Nigeria (+13.5%), Morocco (+9.8%) and Mauritius (+2.9%) displayed positive paces of growth. Moreover, Senegal emerged as the fastest-growing importer imported in Africa, with a CAGR of +34.2% from 2012-2022. Tunisia and South Africa experienced a relatively flat trend pattern. From 2012 to 2022, the share of Algeria, Egypt, Senegal, Morocco and Nigeria increased by +4.4, +4, +3.4, +2.7 and +2.5 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest pulley tackle and hoists powered by an electric motor importing markets in Africa were Egypt ($X), Algeria ($X) and South Africa ($X), with a combined 51% share of total imports. Morocco, Nigeria, Senegal, Tunisia, Ghana, Kenya, Botswana and Mauritius lagged somewhat behind, together accounting for a further 30%.

Senegal, with a CAGR of +16.9%, recorded 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 2022, the import price in Africa amounted to $X per unit, falling by -22.6% against the previous year. Overall, the import price recorded a noticeable decline. The most prominent rate of growth was recorded in 2019 when the import price increased by 25%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Algeria ($X per unit), while Mauritius ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nigeria (+1.4%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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