Africa: Market for Belt Type Continuous-Action Elevators And Conveyors For Goods Or Materials 2024

Market Size for Belt Type Continuous-Action Elevators And Conveyors For Goods Or Materials in Africa

The African market for belt type continuous-action elevators and conveyors for goods or materials shrank to $X in 2022, declining by 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 consistent, with somewhat noticeable fluctuations throughout the analyzed period. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Production of Belt Type Continuous-Action Elevators And Conveyors For Goods Or Materials in Africa

In value terms, production of belt type continuous-action elevators and conveyors for goods or materials shrank to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, production of hit record highs at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Exports of Belt Type Continuous-Action Elevators And Conveyors For Goods Or Materials

Exports in Africa

In 2022, the amount of belt type continuous-action elevators and conveyors for goods or materials exported in Africa skyrocketed to X units, increasing by X% on the previous year's figure. Overall, exports enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, the exports reached the peak of X units. From 2017 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of belt type continuous-action elevators and conveyors for goods or materials plummeted to $X in 2022. Over the period under review, exports posted a buoyant expansion. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports of remained at a lower figure.

Exports by Country

In 2022, Kenya (X units) and South Africa (X units) represented the major exporters of belt type continuous-action elevators and conveyors for goods or materials in Africa, together reaching near X% of total exports. It was distantly followed by Tunisia (X units), comprising a X% share of total exports. Egypt (X units), Algeria (X units) and Morocco (X units) took a relatively small share of total exports.

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

In value terms, South Africa ($X) remains the largest belt type continuous-action elevator and conveyor supplier in Africa, comprising X% of total exports. The second position in the ranking was taken by Egypt ($X), with a X% share of total exports. It was followed by Tunisia, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa stood at X%. In the other countries, the average annual rates were as follows: Egypt (X% per year) and Tunisia (X% per year).

Export Prices by Country

The export price in Africa stood at $X per unit in 2022, dropping by X% against the previous year. Over the period under review, the export price continues to indicate a perceptible decrease. The pace of growth was the most pronounced in 2017 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

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

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

Imports of Belt Type Continuous-Action Elevators And Conveyors For Goods Or Materials

Imports in Africa

In 2022, overseas purchases of belt type continuous-action elevators and conveyors for goods or materials increased by X% to X units, rising for the second year in a row after three years of decline. Over the period under review, imports enjoyed a strong increase. The pace of growth appeared the most rapid in 2017 when imports increased by X%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, imports of belt type continuous-action elevators and conveyors for goods or materials expanded markedly to $X in 2022. Overall, imports, however, showed a noticeable slump. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, imports of attained the peak figure at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Zimbabwe (X units) and Tunisia (X units) were the largest importers of belt type continuous-action elevators and conveyors for goods or materials in Africa, together finishing at near X% of total imports. It was distantly followed by South Africa (X units), Madagascar (X units), Rwanda (X units), Angola (X units), Democratic Republic of the Congo (X units) and Mozambique (X units), together mixing up a X% share of total imports. Senegal (X units), Morocco (X units), Egypt (X units), South Sudan (X units) and Zambia (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by South Sudan (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Egypt ($X), Democratic Republic of the Congo ($X) and South Africa ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising X% of total imports. Morocco, Zimbabwe, Angola, Senegal, Tunisia, Rwanda, Zambia, Mozambique, Madagascar and South Sudan lagged somewhat behind, together accounting for a further X%.

Rwanda, with a CAGR of X%, 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 2022, declining by X% against the previous year. Over the period under review, the import price continues to indicate a abrupt shrinkage. The growth pace was the most rapid in 2018 an increase of X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2019 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 Egypt ($X per unit), while Madagascar ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Democratic Republic of the Congo (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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