Africa: Seeder And Planter Market 2024

Seeder And Planter Market Size in Africa

The African seeder and planter market fell significantly to $X in 2021, shrinking by -24% against the previous year. Over the period under review, consumption recorded a abrupt decline. Over the period under review, the market attained the peak level at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.

Seeder And Planter Production in Africa

In value terms, seeder and planter production rose notably to $X in 2021 estimated in export price. Overall, production, however, recorded a abrupt contraction. The growth pace was the most rapid in 2016 when the production volume increased by 44% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2021, production growth failed to regain momentum.

Seeder And Planter Exports

Exports in Africa

Seeder and planter exports surged to X units in 2021, rising by 22% on 2020 figures. In general, exports, however, faced a dramatic decline. The most prominent rate of growth was recorded in 2019 when exports increased by 112% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, seeder and planter exports declined markedly to $X in 2021. Over the period under review, exports, however, saw a significant contraction. The pace of growth appeared the most rapid in 2019 with an increase of 80% against the previous year. The level of export peaked at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Zambia represented the main exporting country with an export of around X units, which amounted to 75% of total exports. It was distantly followed by Egypt (X units), constituting a 21% share of total exports. Senegal (X units) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to seeder and planter exports from Zambia stood at -5.8%. At the same time, Egypt (+2.0%) displayed positive paces of growth. Moreover, Egypt emerged as the fastest-growing exporter exported in Africa, with a CAGR of +2.0% from 2012-2021. Senegal experienced a relatively flat trend pattern. While the share of Zambia (+73 p.p.), Egypt (+21 p.p.) and Senegal (+3.5 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Zambia ($X) remains the largest seeder and planter supplier in Africa, comprising 77% of total exports. The second position in the ranking was taken by Egypt ($X), with a 20% share of total exports.

In Zambia, seeder and planter exports shrank by an average annual rate of -10.9% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Egypt (+32.4% per year) and Senegal (-14.6% per year).

Export Prices by Country

The export price in Africa stood at $X per unit in 2021, waning by -52.1% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 54%. The level of export peaked at $X per unit in 2018; however, from 2019 to 2021, 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 Zambia ($X per unit), while Senegal ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Egypt (+29.3%), while the other leaders experienced a decline in the export price figures.

Seeder And Planter Imports

Imports in Africa

In 2021, overseas purchases of seeders, planters, transplanters decreased by -56% to X units, falling for the second year in a row after two years of growth. In general, imports faced a abrupt contraction. The pace of growth was the most pronounced in 2019 with an increase of 110% against the previous year. Over the period under review, imports attained the peak figure at X units in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, seeder and planter imports declined notably to $X in 2021. Over the period under review, imports continue to indicate a deep setback. The pace of growth was the most pronounced in 2019 with an increase of 162%. The level of import peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

Nigeria represented the key importing country with an import of around X units, which recorded 77% of total imports. Egypt (X units) took a 10% share (based on physical terms) of total imports, which put it in second place, followed by Democratic Republic of the Congo (7%) and Senegal (5.1%).

Nigeria was also the fastest-growing in terms of the seeders, planters, transplanters imports, with a CAGR of +32.2% from 2012 to 2021. At the same time, Egypt (+15.8%), Senegal (+11.6%) and Democratic Republic of the Congo (+9.4%) displayed positive paces of growth. Nigeria (+75 p.p.), Egypt (+9.3 p.p.), Democratic Republic of the Congo (+6.1 p.p.) and Senegal (+4.5 p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Nigeria ($X) constitutes the largest market for imported seeders, planters, transplanters in Africa, comprising 66% of total imports. The second position in the ranking was held by Egypt ($X), with a 22% share of total imports. It was followed by Democratic Republic of the Congo, with a 7.7% share.

In Nigeria, seeder and planter imports increased at an average annual rate of +17.7% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Egypt (+15.4% per year) and Democratic Republic of the Congo (+1.9% per year).

Import Prices by Country

In 2021, the import price in Africa amounted to $X per unit, declining by -45% against the previous year. In general, the import price saw a abrupt decrease. The pace of growth was the most pronounced in 2019 when the import price increased by 25%. Over the period under review, import prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Egypt (-0.4%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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