Africa: Steam Blasting Machine Market 2024

Steam Blasting Machine Market Size in Africa

The African steam blasting machine market shrank modestly to $X in 2021, stabilizing at the previous year. The market value increased at an average annual rate of +2.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the peak level at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.

Steam Blasting Machine Production in Africa

In value terms, steam blasting machine production contracted slightly to $X in 2021 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the production volume increased by 39%. As a result, production reached the peak level of $X. From 2016 to 2021, production growth remained at a lower figure.

Steam Blasting Machine Exports

Exports in Africa

In 2021, exports of steam or sand blasting machines and similar jet-projecting machines in Africa surged to X units, jumping by 57% compared with 2020 figures. Over the period under review, exports saw a significant increase. The pace of growth appeared the most rapid in 2014 with an increase of 88% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are likely to continue growth in the near future.

In value terms, steam blasting machine exports soared to $X in 2021. Overall, exports, however, recorded a relatively flat trend pattern. Over the period under review, the exports attained the peak figure at $X in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, South Africa (X units) represented the major exporter of steam or sand blasting machines and similar jet-projecting machines, achieving 52% of total exports. It was distantly followed by Morocco (X units) and Libya (X units), together making up a 38% share of total exports. Gabon (X units) and Madagascar (X units) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Morocco (with a CAGR of +60.7%), while the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X) remains the largest steam blasting machine supplier in Africa, comprising 74% of total exports. The second position in the ranking was held by Morocco ($X), with a 6.5% share of total exports. It was followed by Madagascar, with a 2.8% share.

In South Africa, steam blasting machine exports increased at an average annual rate of +4.5% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Morocco (+32.3% per year) and Madagascar (+26.0% per year).

Export Prices by Country

In 2021, the export price in Africa amounted to $X per unit, waning by -18.6% against the previous year. In general, the export price recorded a significant curtailment. The growth pace was the most rapid in 2015 an increase of 24%. Over the period under review, the export prices reached the maximum at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Madagascar (+3.2%), while the other leaders experienced a decline in the export price figures.

Steam Blasting Machine Imports

Imports in Africa

In 2021, supplies from abroad of steam or sand blasting machines and similar jet-projecting machines increased by 56% to X units, rising for the fourth consecutive year after three years of decline. Over the period under review, imports showed a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, steam blasting machine imports skyrocketed to $X in 2021. In general, imports showed a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The countries with the highest levels of steam blasting machine imports in 2021 were South Africa (X units), Nigeria (X units), Egypt (X units) and Algeria (X units), together resulting at 76% of total import. The following importers - Morocco (X units), Libya (X units), Tunisia (X units), Angola (X units), Burkina Faso (X units) and Kenya (X units) - together made up 15% of total imports.

From 2012 to 2021, the biggest increases were recorded for Algeria (with a CAGR of +26.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Nigeria ($X) constitutes the largest market for imported steam or sand blasting machines and similar jet-projecting machines in Africa, comprising 33% of total imports. The second position in the ranking was taken by South Africa ($X), with a 12% share of total imports. It was followed by Algeria, with a 10% share.

In Nigeria, steam blasting machine imports increased at an average annual rate of +34.4% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: South Africa (-3.0% per year) and Algeria (+4.4% per year).

Import Prices by Country

The import price in Africa stood at $X per unit in 2021, picking up by 17% against the previous year. In general, the import price, however, saw a noticeable decrease. The most prominent rate of growth was recorded in 2015 when the import price increased by 47%. The level of import peaked at $X per unit in 2017; however, from 2018 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 Nigeria ($X per unit), while Burkina Faso ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Nigeria (+11.8%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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