Africa: Market for Vacuum Pumps and Air or Gas Compressors 2024

Market Size for Vacuum Pumps and Air or Gas Compressors in Africa

The African market for vacuum pumps and air or gas compressors rose modestly to $X in 2022, with an increase of X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The level of consumption peaked in 2022 and is expected to retain growth in the near future.

Production of Vacuum Pumps and Air or Gas Compressors in Africa

In value terms, production of vacuum pumps and air or gas compressors expanded notably to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 when the production volume increased by X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Vacuum Pumps and Air or Gas Compressors

Exports in Africa

In 2022, approx. X units of vacuum pumps and air or gas compressors were exported in Africa; declining by X% on the previous year's figure. Overall, exports showed a perceptible downturn. The pace of growth was the most pronounced in 2021 when exports increased by X%. Over the period under review, the exports of hit record highs at X units in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of vacuum pumps and air or gas compressors contracted to $X in 2022. In general, exports saw a mild shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Egypt (X units) and South Africa (X units) represented the largest exporters of vacuum pumps and air or gas compressors in 2022, finishing at near X% and X% of total exports, respectively. It was distantly followed by Mauritius (X units), creating a X% share of total exports. The following exporters - Morocco (X units) and Tunisia (X units) - together made up X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Mauritius (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X) remains the largest vacuum pump and air or gas compressor supplier in Africa, comprising X% of total exports. The second position in the ranking was held by Morocco ($X), with a X% share of total exports. It was followed by Egypt, with a X% share.

In South Africa, exports of vacuum pumps and air or gas compressors plunged by an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Morocco (X% per year) and Egypt (X% per year).

Export Prices by Country

The export price in Africa stood at $X per unit in 2022, with an increase of X% against the previous year. Export price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for vacuum pumps and air or gas compressors decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2019 an increase of X%. As a result, the export price attained the peak level of $X per unit. From 2020 to 2022, the export prices remained at a somewhat lower figure.

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 Morocco ($X per unit), while Mauritius ($X per unit) was amongst the lowest.

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

Imports of Vacuum Pumps and Air or Gas Compressors

Imports in Africa

Imports of vacuum pumps and air or gas compressors dropped to X units in 2022, shrinking by X% on the year before. Total imports indicated a prominent increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2013 indices. The growth pace was the most rapid in 2021 with an increase of X%. As a result, imports attained the peak of X units, and then contracted in the following year.

In value terms, imports of vacuum pumps and air or gas compressors fell slightly to $X in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The level of import peaked at $X in 2014; afterwards, it flattened through to 2022.

Imports by Country

In 2022, Egypt (X units) represented the largest importer of vacuum pumps and air or gas compressors, creating X% of total imports. South Africa (X units) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Algeria (X%) and Ghana (X%). Sudan (X units), Tunisia (X units), Mozambique (X units), Tanzania (X units), Nigeria (X units) and Morocco (X units) held a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to vacuum pump and air or gas compressor imports into Egypt stood at X%. At the same time, Ghana (X%), Sudan (X%), Mozambique (X%), Tanzania (X%), Nigeria (X%), South Africa (X%) and Morocco (X%) displayed positive paces of growth. Moreover, Ghana emerged as the fastest-growing importer imported in Africa, with a CAGR of X% from 2012-2022. Tunisia and Algeria experienced a relatively flat trend pattern. While the share of Egypt (X p.p.), Ghana (X p.p.), Sudan (X p.p.) and Mozambique (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Tunisia (X p.p.), South Africa (X p.p.) and Algeria (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest vacuum pump and air or gas compressor importing markets in Africa were South Africa ($X), Egypt ($X) and Algeria ($X), with a combined X% share of total imports. Nigeria, Morocco, Tunisia, Ghana, Tanzania, Sudan and Mozambique lagged somewhat behind, together comprising a further X%.

Morocco, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among 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

In 2022, the import price in Africa amounted to $X per unit, with an increase of X% against the previous year. Overall, the import price, however, saw a noticeable setback. The growth pace was the most rapid in 2013 when the import price increased by X%. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, 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 Morocco ($X per unit), while Ghana ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :