Africa: Diamonded Boring Tools Market 2020

Diamonded Boring Tools Market Size in Africa

The revenue of the diamonded boring tools market in Africa amounted to $X in 2017, coming up by X% against the previous year. The diamonded boring tools consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017, when it surged by X% against the previous year. In that year, the diamonded boring tools market reached their peak level, and is likely to continue its growth in the immediate term.

Diamonded Boring Tools Production in Africa

In 2017, the amount of boring or broaching tools with working part of diamond produced in Africa totaled X units, reducing by -X% against the previous year. The diamonded boring tools production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010, when the output figure increased by X% y-o-y. The volume of diamonded boring tools production peaked of X units in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Diamonded Boring Tools Exports in Africa

In 2017, approx. X units of boring or broaching tools with working part of diamond were exported in Africa; going down by -X% against the previous year. The diamonded boring tools exports continue to indicate a significant decline. The pace of growth was the most pronounced in 2012, when exports increased by X% y-o-y. In that year, the diamonded boring tools exports attained their peak volume of X units. From 2013 to 2017, growth of the diamonded boring tools exports failed to regain its momentum.

In value terms, diamonded boring tools exports amounted to $X in 2017. The diamonded boring tools exports continue to indicate a measured reduction. Over the period under review, the diamonded boring tools exports reached its maximum level of $X in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Diamonded Boring Tools Exports by Country in Africa

South Africa (X units) represented roughly X% of total exports of boring or broaching tools with working part of diamond in 2017.

South Africa was also the fastest growing in terms of the boring or broaching tools with working part of diamond exports, with a CAGR of -X% from 2007 to 2017. From 2007 to 2017, the share of South Africa increased by X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) also remains the largest diamonded boring tools supplier in Africa.

In South Africa, diamonded boring tools exports remained relatively stable over the period from 2007-2017.

Diamonded Boring Tools Export Prices by Country in Africa

In 2017, the diamonded boring tools export price in Africa amounted to $X per unit, growing by X% against the previous year. The diamonded boring tools export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017, an increase of X% y-o-y. In that year, the export prices for boring or broaching tools with working part of diamond reached their peak level, and is likely to continue its growth in the immediate term.

As there is only one major export destination, the average price level is determined by export prices for South Africa.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by South Africa (+X% per year).

Diamonded Boring Tools Imports in Africa

In 2017, diamonded boring tools imports in Africa stood at X units, growing by X% against the previous year. The diamonded boring tools imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017, when it surged by X% y-o-y. Over the period under review, the diamonded boring tools imports reached its peak figure volume of X units in 2011; however, from 2012 to 2017, it failed to regain its momentum.

In value terms, diamonded boring tools imports stood at $X in 2017. The diamonded boring tools imports continue to indicate a relatively flat trend pattern. In that year, the diamonded boring tools imports reached their peak level of $X. From 2012 to 2017, growth of the diamonded boring tools imports stood at a somewhat lower level.

Diamonded Boring Tools Imports by Country in Africa

South Africa dominates diamonded boring tools imports structure, finishing at X units, which was approx. X% of total imports in 2017. It was distantly followed by Angola (X units), Ethiopia (X units) and Zambia (X units), together creating X% share of total imports. Botswana (X units), Ghana (X units), Tunisia (X units), Kenya (X units), Malawi (X units) and Gabon (X units) followed a long way behind the leaders.

Imports into South Africa decreased at an average annual rate of -X% from 2007 to 2017. At the same time, Botswana (+X%), Ghana (+X%), Ethiopia (+X%), Malawi (+X%), Angola (+X%) and Tunisia (+X%) displayed positive paces of growth. Moreover, Botswana emerged as the fastest growing importer in Africa, with a CAGR of +X% from 2007-2017. Zambia and Kenya experienced a relatively flat trend pattern. By contrast, Gabon (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of South Africa increased by X% percentage points, while Ghana (-X%), Angola (-X%), Botswana (-X%) and Ethiopia (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported boring or broaching tools with working part of diamond in Africa, making up X% of global imports. The second position in the ranking was occupied by Angola ($X), with a X% share of global imports. It was followed by Tunisia, with a X% share.

In South Africa, diamonded boring tools imports decreased by an average annual rate of -X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Angola (+X% per year) and Tunisia (+X% per year).

Diamonded Boring Tools Import Prices by Country in Africa

The diamonded boring tools import price in Africa stood at $X per unit in 2017, falling by -X% against the previous year. The diamonded boring tools import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016, when it surged by X% y-o-y. In that year, the import prices for boring or broaching tools with working part of diamond reached their peak level of $X per unit, and then declined slightly in the following year.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Tunisia ($X per unit), while Gabon ($X per unit) was amongst the lowest.

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

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Source: IndexBox Platform