Africa: Liquid Dispensing Pump Market 2024

Liquid Dispensing Pump Market Size in Africa

The African liquid dispensing pump market fell to $X in 2021, which is down by -13.9% against the previous year. The total consumption indicated a noticeable increase from 2012 to 2021: its value increased at an average annual rate of +4.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +36.4% against 2017 indices. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a lower figure.

Liquid Dispensing Pump Production in Africa

In value terms, liquid dispensing pump production declined rapidly to $X in 2021 estimated in export price. In general, production, however, enjoyed a temperate expansion. The growth pace was the most rapid in 2020 with an increase of 218% against the previous year. As a result, production reached the peak level of $X, and then fell significantly in the following year.

Liquid Dispensing Pump Exports

Exports in Africa

Liquid dispensing pump exports soared to X units in 2021, picking up by 41% against 2020 figures. In general, exports recorded a modest expansion. The pace of growth was the most pronounced in 2013 with an increase of 92%. As a result, the exports attained the peak of X units. From 2014 to 2021, the growth of the exports remained at a lower figure.

In value terms, liquid dispensing pump exports soared to $X in 2021. Over the period under review, exports, however, recorded a pronounced decline. The most prominent rate of growth was recorded in 2013 when exports increased by 78%. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

South Africa prevails in exports structure, amounting to X units, which was approx. 87% of total exports in 2021. Togo (X units), Nigeria (X units) and Rwanda (X units) followed a long way behind the leaders.

Exports from South Africa increased at an average annual rate of +1.9% from 2012 to 2021. At the same time, Togo (+73.1%), Rwanda (+34.0%) and Nigeria (+3.9%) displayed positive paces of growth. Moreover, Togo emerged as the fastest-growing exporter exported in Africa, with a CAGR of +73.1% from 2012-2021. While the share of South Africa (+4.1 p.p.), Togo (+2.9 p.p.) and Rwanda (+2 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest liquid dispensing pump supplier in Africa, comprising 82% of total exports. The second position in the ranking was held by Nigeria ($X), with a 2.6% share of total exports. It was followed by Rwanda, with a 0.6% share.

In South Africa, liquid dispensing pump exports decreased by an average annual rate of -2.8% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Nigeria (-1.1% per year) and Rwanda (+26.7% per year).

Export Prices by Country

The export price in Africa stood at $X per unit in 2021, shrinking by -1.6% against the previous year. Overall, the export price continues to indicate a noticeable setback. The growth pace was the most rapid in 2017 when the export price increased by 207% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2018 to 2021, the export prices remained at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Nigeria ($X per unit), while Togo ($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 (-4.6%), while the other leaders experienced a decline in the export price figures.

Liquid Dispensing Pump Imports

Imports in Africa

In 2021, the amount of pumps for dispensing liquids imported in Africa rose markedly to X units, growing by 6.9% on the previous year's figure. Total imports indicated a measured increase from 2012 to 2021: its volume increased at an average annual rate of +4.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +22.8% against 2017 indices. The most prominent rate of growth was recorded in 2013 with an increase of 94%. Over the period under review, imports hit record highs at X units in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, liquid dispensing pump imports surged to $X in 2021. Total imports indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +5.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 106%. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Ethiopia (X units), distantly followed by Nigeria (X units), South Africa (X units) and Tanzania (X units) were the major importers of pumps for dispensing liquids, together making up 66% of total imports. Rwanda (X units), Angola (X units), Zimbabwe (X units), Burkina Faso (X units), Senegal (X units) and Ghana (X units) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Nigeria (with a CAGR of +31.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Nigeria ($X), South Africa ($X) and Ethiopia ($X) constituted the countries with the highest levels of imports in 2021, with a combined 39% share of total imports.

In terms of the main importing countries, Nigeria, with a CAGR of +30.5%, recorded the highest growth rate of the value of imports, 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 22% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was South Africa ($X per unit), while Zimbabwe ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Tanzania (+12.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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