Africa: Non-Propelled Vehicle Axle Market 2020

Non-Propelled Vehicle Axle Market Size in Africa

The revenue of the non-propelled vehicle axle market in Africa amounted to $X in 2017, therefore, remained relatively stable against the previous year. The non-propelled vehicle axle consumption continues to indicate a slight slump. The pace of growth appeared the most rapid in 2011, when it surged by X% year-to-year. Over the period under review, the non-propelled vehicle axle market attained its peak figure level of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Non-Propelled Vehicle Axle Production in Africa

In 2017, approx. X tons of axles of vehicles which are not mechanically propelled were produced in Africa; lowering by -X% against the previous year. The non-propelled vehicle axle production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015, when the output figure increased by X% y-o-y. The volume of non-propelled vehicle axle production peaked of X tons in 2016, and then declined slightly in the following year.

Non-Propelled Vehicle Axle Exports in Africa

In 2017, the amount of axles of vehicles which are not mechanically propelled exported in Africa totaled X tons, falling by -X% against the previous year. The non-propelled vehicle axle exports continue to indicate a prominent growth. The pace of growth appeared the most rapid in 2016, with an increase of X% against the previous year. In that year, the non-propelled vehicle axle exports reached their peak volume of X tons, and then declined slightly in the following year.

In value terms, non-propelled vehicle axle exports totaled $X in 2017. The total exports indicated a remarkable expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the non-propelled vehicle axle exports increased by +X% against 2012 indices. The level of exports peaked in 2017, and are expected to retain its growth in the near future.

Non-Propelled Vehicle Axle Exports by Country in Africa

In 2017, South Africa (X tons) represented the main exporter for axles of vehicles which are not mechanically propelled, constituting X% of total exports. Tunisia (X tons) took the second position in the ranking, followed by Kenya (X tons) and Ghana (X tons). All these countries together took approx. X% share of total exports. Sierra Leone (X tons) and Cote d'Ivoire (X tons) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to non-propelled vehicle axle exports from South Africa stood at +X%. At the same time, Ghana (+X%), Tunisia (+X%), Sierra Leone (+X%), Cote d'Ivoire (+X%) and Kenya (+X%) displayed positive paces of growth. Moreover, Ghana emerged as the fastest growing exporter in Africa, with a CAGR of +X% from 2007-2017. Cote d'Ivoire (-X%), Sierra Leone (-X%), Kenya (-X%), Ghana (-X%), South Africa (-X%) and Tunisia (-X%) significantly weakened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest non-propelled vehicle axle supplier in Africa, making up X% of global exports. The second position in the ranking was occupied by Tunisia ($X), with a X% share of global exports. It was followed by Kenya, with a X% share.

In South Africa, non-propelled vehicle axle exports expanded at an average annual rate of +X% over the period from 2007-2017. The remaining exporting countries recorded the following average annual rates of exports growth: Tunisia (+X% per year) and Kenya (+X% per year).

Non-Propelled Vehicle Axle Export Prices by Country in Africa

In 2017, the non-propelled vehicle axle export price in Africa amounted to $X per ton, increasing by X% against the previous year. The non-propelled vehicle axle export price continues to indicate a moderate descent. The most prominent rate of growth was recorded in 2011, an increase of X% y-o-y. Over the period under review, the export prices for axles of vehicles which are not mechanically propelled reached its maximum level of $X per ton in 2007; however, from 2008 to 2017, it failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was South Africa ($X per ton), while Ghana ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Tunisia (+X% per year), while the other leaders experienced a decline in the export price figures.

Non-Propelled Vehicle Axle Imports in Africa

In 2017, approx. X tons of axles of vehicles which are not mechanically propelled were imported in Africa; lowering by -X% against the previous year. The total import volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2010, with an increase of X% y-o-y. Over the period under review, the non-propelled vehicle axle imports reached its peak figure volume of X tons in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, non-propelled vehicle axle imports totaled $X in 2017. The non-propelled vehicle axle imports continue to indicate a relatively flat trend pattern. Over the period under review, the non-propelled vehicle axle imports attained its peak figure level of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Non-Propelled Vehicle Axle Imports by Country in Africa

South Africa dominates non-propelled vehicle axle imports structure, recording X tons, which was approx. X% of total imports in 2017. Egypt (X tons) occupied the second position in the ranking, followed by Algeria (X tons) and Morocco (X tons). All these countries together took near X% share of total imports. Tunisia (X tons), Kenya (X tons), Ethiopia (X tons) and Cameroon (X tons) took the minor share of total imports.

Imports into South Africa increased at an average annual rate of +X% from 2007 to 2017. At the same time, Algeria (+X%), Kenya (+X%), Egypt (+X%) and Ethiopia (+X%) displayed positive paces of growth. Moreover, Algeria emerged as the fastest growing importer in Africa, with a CAGR of +X% from 2007-2017. Morocco experienced a relatively flat trend pattern. By contrast, Cameroon (-X%) and Tunisia (-X%) illustrated a downward trend over the same period. While the share of Tunisia (X%) increased significantly in terms of the global imports from 2007-2017, the share of Egypt (-X%), Kenya (-X%), Algeria (-X%) and South Africa (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported axles of vehicles which are not mechanically propelled in Africa, making up X% of global imports. The second position in the ranking was occupied by Algeria ($X), with a X% share of global imports. It was followed by Egypt, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in South Africa amounted to +X%. In the other countries, the average annual rates were as follows: Algeria (+X% per year) and Egypt (+X% per year).

Non-Propelled Vehicle Axle Import Prices by Country in Africa

The non-propelled vehicle axle import price in Africa stood at $X per ton in 2017, coming down by -X% against the previous year. The non-propelled vehicle axle import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009, when the import prices increased by X% year-to-year. In that year, the import prices for axles of vehicles which are not mechanically propelled attained their peak level of $X per ton. From 2010 to 2017, growth of the import prices for axles of vehicles which are not mechanically propelled stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Algeria ($X per ton), while Cameroon ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Morocco (+X% per year), while the other leaders experienced more modest paces of growth.

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Source: IndexBox Platform