Africa: Wood Slicing Machine Market 2024

Wood Slicing Machine Market Size in Africa

The African wood slicing machine market was finally on the rise to reach $X in 2021, after two years of decline. Overall, consumption, however, saw a noticeable descent. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market failed to regain momentum.

Wood Slicing Machine Production in Africa

In value terms, wood slicing machine production rose significantly to $X in 2021 estimated in export price. In general, production, however, showed a noticeable downturn. The pace of growth appeared the most rapid in 2014 when the production volume increased by 38% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2021, production growth remained at a somewhat lower figure.

Wood Slicing Machine Exports

Exports in Africa

In 2021, wood slicing machine exports in Africa surged to X units, with an increase of 77% against 2020 figures. Over the period under review, exports, however, continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2015 with an increase of 156%. As a result, the exports reached the peak of X units. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, wood slicing machine exports surged to $X in 2021. In general, exports, however, continue to indicate a abrupt shrinkage. The level of export peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

South Africa was the main exporter of splitting, slicing or paring machines in Africa, with the volume of exports amounting to X units, which was near 71% of total exports in 2021. Cameroon (X units) took the second position in the ranking, followed by Egypt (X units). All these countries together took near 24% share of total exports. Uganda (X units) held a minor share of total exports.

Exports from South Africa decreased at an average annual rate of -1.9% from 2012 to 2021. Cameroon (-1.4%), Uganda (-1.7%) and Egypt (-20.5%) illustrated a downward trend over the same period. While the share of South Africa (+29 p.p.) and Cameroon (+12 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Egypt (-35.7 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest wood slicing machine supplying countries in Africa were Cameroon ($X), Egypt ($X) and South Africa ($X), together comprising 88% of total exports.

Cameroon, with a CAGR of +16.5%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2021, the export price in Africa amounted to $X per unit, increasing by 51% against the previous year. Overall, the export price, however, showed a slight curtailment. The most prominent rate of growth was recorded in 2017 an increase of 112% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2018 to 2021, the export prices failed to regain momentum.

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 Cameroon ($X per unit), while South Africa ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Cameroon (+29.6%), while the other leaders experienced more modest paces of growth.

Wood Slicing Machine Imports

Imports in Africa

In 2021, approx. X units of splitting, slicing or paring machines were imported in Africa; with a decrease of -43.1% compared with 2020. Over the period under review, imports, however, saw a noticeable increase. The pace of growth appeared the most rapid in 2013 with an increase of 2,575% against the previous year. As a result, imports attained the peak of X units. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, wood slicing machine imports dropped sharply to $X in 2021. In general, imports, however, continue to indicate a modest increase. The pace of growth appeared the most rapid in 2018 with an increase of 189%. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Benin (X units), followed by South Africa (X units), Togo (X units), Libya (X units), Nigeria (X units), Ghana (X units) and Tanzania (X units) were the main importers of splitting, slicing or paring machines, together achieving 69% of total imports. Zambia (X units), Ethiopia (X units), Mozambique (X units), Burkina Faso (X units), Angola (X units) and Uganda (X units) held a little share of total imports.

From 2012 to 2021, the biggest increases were recorded for Mozambique (with a CAGR of +82.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest wood slicing machine importing markets in Africa were Tanzania ($X), Ghana ($X) and Nigeria ($X), together accounting for 39% of total imports.

Among the main importing countries, Tanzania, with a CAGR of +41.6%, saw 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

The import price in Africa stood at $X per unit in 2021, surging by 29% against the previous year. Overall, the import price, however, saw a mild reduction. The pace of growth appeared the most rapid in 2014 an increase of 2,610%. Over the period under review, import prices attained the peak figure at $X per unit in 2019; however, from 2020 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 Tanzania ($X per unit), while Benin ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Angola (+9.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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