Africa: Market for Transporter Cranes, Gantry Cranes And Bridge Cranes 2024

Market Size for Transporter Cranes, Gantry Cranes And Bridge Cranes in Africa

The African transporter and bridge cranes market shrank to $X in 2021, with a decrease of -7.8% against the previous year. Over the period under review, consumption recorded a noticeable downturn. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Production of Transporter Cranes, Gantry Cranes And Bridge Cranes in Africa

In value terms, transporter and bridge cranes production totaled $X in 2021 estimated in export price. Overall, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of 30%. As a result, production attained the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

Exports of Transporter Cranes, Gantry Cranes And Bridge Cranes

Exports in Africa

In 2021, approx. X units of transporter cranes, gantry cranes and bridge cranes were exported in Africa; falling by -21.6% compared with the previous year. Over the period under review, exports showed a deep reduction. The most prominent rate of growth was recorded in 2018 when exports increased by 71% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, transporter and bridge cranes exports declined to $X in 2021. Overall, exports showed a abrupt setback. The growth pace was the most rapid in 2018 with an increase of 60%. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

In 2021, South Africa (X units), distantly followed by Democratic Republic of the Congo (X units), Angola (X units), Lesotho (X units), Congo (X units), Algeria (X units) and Zimbabwe (X units) represented the key exporters of transporter cranes, gantry cranes and bridge cranes, together creating 78% of total exports. Kenya (X units), Morocco (X units), Uganda (X units) and Zambia (X units) took a minor share of total exports.

From 2012 to 2021, the biggest increases were recorded for Lesotho (with a CAGR of +56.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X) remains the largest transporter and bridge cranes supplier in Africa, comprising 33% of total exports. The second position in the ranking was held by Angola ($X), with a 16% share of total exports. It was followed by Democratic Republic of the Congo, with an 11% share.

From 2012 to 2021, the average annual growth rate of value in South Africa totaled -14.6%. In the other countries, the average annual rates were as follows: Angola (+14.6% per year) and Democratic Republic of the Congo (+14.9% per year).

Export Prices by Country

The export price in Africa stood at $X per unit in 2021, increasing by 11% against the previous year. Export price indicated strong growth from 2012 to 2021: its price increased at an average annual rate of +5.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, transporter and bridge cranes export price decreased by -14.2% against 2016 indices. The most prominent rate of growth was recorded in 2014 an increase of 36%. Over the period under review, the export prices attained the peak figure at $X per unit in 2016; however, from 2017 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Angola ($X per unit), while Algeria ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Africa (+10.1%), while the other leaders experienced mixed trends in the export price figures.

Imports of Transporter Cranes, Gantry Cranes And Bridge Cranes

Imports in Africa

In 2021, transporter and bridge cranes imports in Africa shrank rapidly to X units, waning by -46.8% compared with 2020 figures. Over the period under review, imports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2016 with an increase of 62% against the previous year. The volume of import peaked at X units in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, transporter and bridge cranes imports shrank dramatically to $X in 2021. Overall, imports saw a abrupt descent. The pace of growth appeared the most rapid in 2017 when imports increased by 34% against the previous year. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Kenya (X units), Mozambique (X units), Nigeria (X units), Guinea (X units) and Morocco (X units) represented the main importer of transporter cranes, gantry cranes and bridge cranes in Africa, mixing up 58% of total import. Somalia (X units) held a 4.9% share (based on physical terms) of total imports, which put it in second place, followed by Senegal (4.8%). Egypt (X units), Ghana (X units), Tanzania (X units), Algeria (X units), Ethiopia (X units) and Cote d'Ivoire (X units) took a little share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Mozambique (with a CAGR of +50.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Kenya ($X), Mozambique ($X) and Somalia ($X) constituted the countries with the highest levels of imports in 2021, with a combined 49% share of total imports.

Somalia, with a CAGR of +57.4%, saw 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, rising by 10% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.7%. The growth pace was the most rapid in 2014 an increase of 39%. As a result, import price attained the peak level of $X per unit. From 2015 to 2021, the import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Somalia (+9.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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