Africa: Market for Residential, Commercial and Industrial Lighting Fixture 2024

Market Size for Residential, Commercial and Industrial Lighting Fixture in Africa

The African market for residential, commercial and industrial lighting fixture amounted to $X in 2021, stabilizing at the previous year. Overall, consumption saw a relatively flat trend pattern. The level of consumption peaked in 2021 and is likely to continue growth in years to come.

Production of Residential, Commercial and Industrial Lighting Fixture in Africa

In value terms, production of residential, commercial and industrial lighting fixture contracted to $X in 2021 estimated in export price. Overall, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 35% against the previous year. As a result, production attained the peak level of $X, and then dropped in the following year.

Exports of Residential, Commercial and Industrial Lighting Fixture

Exports in Africa

Exports of residential, commercial and industrial lighting fixture declined dramatically to X units in 2021, which is down by -43.3% compared with 2020 figures. Over the period under review, exports continue to indicate a abrupt descent. The pace of growth appeared the most rapid in 2017 when exports increased by 40%. As a result, the exports reached the peak of X units. From 2018 to 2021, the growth of the exports of remained at a lower figure.

In value terms, exports of residential, commercial and industrial lighting fixture contracted remarkably to $X in 2021. Overall, exports showed a abrupt downturn. The pace of growth was the most pronounced in 2020 with an increase of 10% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, Morocco (X units) and South Africa (X units) were the key exporters of residential, commercial and industrial lighting fixture in Africa, together creating 68% of total exports. Egypt (X units) ranks next in terms of the total exports with an 18% share, followed by Tunisia (5.5%). Rwanda (X units) took a minor 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 Rwanda (with a CAGR of +185.1%), while the other leaders experienced a decline in the exports figures.

In value terms, the largest residential, commercial and industrial lighting fixture supplying countries in Africa were Egypt ($X), South Africa ($X) and Morocco ($X), with a combined 92% share of total exports. These countries were followed by Tunisia and Rwanda, which together accounted for a further 4.4%.

Rwanda, with a CAGR of +216.1%, 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 a decline in the exports figures.

Export Prices by Country

The export price in Africa stood at $X per unit in 2021, with an increase of 30% against the previous year. Export price indicated a pronounced increase from 2012 to 2021: its price increased at an average annual rate of +3.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, export price for residential, commercial and industrial lighting fixture increased by +100.5% against 2017 indices. The most prominent rate of growth was recorded in 2018 an increase of 37% against the previous year. Over the period under review, the export prices hit record highs in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Egypt ($X per unit), while Rwanda ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Rwanda (+10.8%), while the other leaders experienced more modest paces of growth.

Imports of Residential, Commercial and Industrial Lighting Fixture

Imports in Africa

In 2021, overseas purchases of residential, commercial and industrial lighting fixture were finally on the rise to reach X units for the first time since 2016, thus ending a four-year declining trend. In general, imports, however, saw a slight reduction. Over the period under review, imports of attained the peak figure at X units in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, imports of residential, commercial and industrial lighting fixture surged to $X in 2021. The total import value increased at an average annual rate of +4.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Morocco (X units), followed by South Africa (X units), Libya (X units), Algeria (X units), Nigeria (X units), Ethiopia (X units), Kenya (X units) and Angola (X units) represented the main importers of residential, commercial and industrial lighting fixture, together comprising 65% of total imports. Cote d'Ivoire (X units), Senegal (X units), Tunisia (X units), Ghana (X units) and Djibouti (X units) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Djibouti (with a CAGR of +23.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest residential, commercial and industrial lighting fixture importing markets in Africa were Morocco ($X), Libya ($X) and South Africa ($X), with a combined 40% share of total imports. These countries were followed by Algeria, Djibouti, Cote d'Ivoire, Ghana, Senegal, Kenya, Ethiopia, Angola, Tunisia and Nigeria, which together accounted for a further 39%.

Djibouti, with a CAGR of +38.6%, recorded 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

The import price in Africa stood at $X per unit in 2021, growing by 17% against the previous year. Import price indicated a strong increase from 2012 to 2021: its price increased at an average annual rate of +6.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, import price for residential, commercial and industrial lighting fixture increased by +54.7% against 2016 indices. The pace of growth was the most pronounced in 2014 an increase of 28%. Over the period under review, import prices hit record highs in 2021 and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Algeria (+17.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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