Africa: Cable-Making Machine Market 2024

Cable-Making Machine Market Size in Africa

In 2022, after two years of decline, there was significant growth in the African cable-making machine market, when its value increased by X% to $X. Overall, consumption recorded a mild slump. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Cable-Making Machine Production in Africa

In value terms, cable-making machine production surged to $X in 2022 estimated in export price. Overall, production, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Cable-Making Machine Exports

Exports in Africa

Cable-making machine exports fell markedly to X units in 2022, waning by X% against 2021. In general, exports recorded a mild contraction. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, the exports attained the peak of X units. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, cable-making machine exports reached $X in 2022. Overall, exports showed a abrupt slump. The most prominent rate of growth was recorded in 2013 when exports increased by X%. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

South Africa was the largest exporter of rope or cable-making machines in Africa, with the volume of exports reaching X units, which was approx. X% of total exports in 2022. It was distantly followed by Morocco (X units), Tunisia (X units) and Swaziland (X units), together creating a X% share of total exports.

South Africa experienced a relatively flat trend pattern with regard to volume of exports of rope or cable-making machines. At the same time, Swaziland (X%) displayed positive paces of growth. Moreover, Swaziland emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. By contrast, Tunisia (X%) and Morocco (X%) illustrated a downward trend over the same period. Tunisia (X p.p.), South Africa (X p.p.) and Swaziland (X p.p.) significantly strengthened its position in terms of the total exports, while Morocco saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Morocco ($X) remains the largest cable-making machine supplier in Africa, comprising X% of total exports. The second position in the ranking was taken by Tunisia ($X), with a X% share of total exports. It was followed by Swaziland, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Morocco stood at X%. In the other countries, the average annual rates were as follows: Tunisia (X% per year) and Swaziland (X% per year).

Export Prices by Country

The export price in Africa stood at $X per unit in 2022, increasing by X% against the previous year. In general, the export price, however, recorded a deep reduction. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. Over the period under review, the export prices attained the maximum at $X per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Tunisia ($X per unit), while South Africa ($X per unit) was amongst the lowest.

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

Cable-Making Machine Imports

Imports in Africa

In 2022, the amount of rope or cable-making machines imported in Africa declined to X units, waning by X% compared with the year before. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, imports attained the peak of X units. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, cable-making machine imports soared to $X in 2022. Over the period under review, imports showed a relatively flat trend pattern. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Egypt (X units) represented the key importer of rope or cable-making machines, committing X% of total imports. Angola (X units) held an X% share (based on physical terms) of total imports, which put it in second place, followed by Morocco (X%), Tunisia (X%) and Uganda (X%). South Africa (X units), Nigeria (X units), Tanzania (X units), Djibouti (X units), Algeria (X units) and Kenya (X units) held a minor share of total imports.

Imports into Egypt increased at an average annual rate of X% from 2012 to 2022. At the same time, Djibouti (X%), Angola (X%), Nigeria (X%), Uganda (X%), Tanzania (X%) and South Africa (X%) displayed positive paces of growth. Moreover, Djibouti emerged as the fastest-growing importer imported in Africa, with a CAGR of X% from 2012-2022. By contrast, Tunisia (X%), Morocco (X%), Kenya (X%) and Algeria (X%) illustrated a downward trend over the same period. While the share of Egypt (X p.p.), Angola (X p.p.), Uganda (X p.p.), Nigeria (X p.p.), Djibouti (X p.p.), Tanzania (X p.p.) and South Africa (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Tunisia (X p.p.), Kenya (X p.p.), Morocco (X p.p.) and Algeria (X p.p.) displayed negative dynamics.

In value terms, the largest cable-making machine importing markets in Africa were Egypt ($X), Morocco ($X) and Nigeria ($X), with a combined X% share of total imports. Tunisia, Algeria, South Africa, Tanzania, Djibouti, Kenya, Angola and Uganda lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Angola, with a CAGR of X%, 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 2022, the import price in Africa amounted to $X per unit, picking up by X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the import price increased by X%. Over the period under review, import prices hit record highs at $X per unit in 2013; however, from 2014 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 Nigeria ($X per unit), while Uganda ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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