Africa: Data Storage Device Market 2024

Data Storage Device Market Size in Africa

The African data storage device market declined to $X in 2022, waning by X% against the previous year. In general, consumption, however, continues to indicate a perceptible decrease. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Data Storage Device Production in Africa

In value terms, data storage device production dropped to $X in 2022 estimated in export price. In general, production continues to indicate a pronounced descent. The pace of growth appeared the most rapid in 2021 with an increase of X%. The level of production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

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Data Storage Device Exports

Exports in Africa

Data storage device exports shrank to X units in 2022, with a decrease of X% on 2021. Over the period under review, exports, however, saw strong growth. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports reached the peak of X units, and then fell in the following year.

In value terms, data storage device exports reduced dramatically to $X in 2022. In general, exports, however, continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of $X, and then shrank dramatically in the following year.

Exports by Country

South Africa represented the major exporter of data storage devices in Africa, with the volume of exports resulting at X units, which was approx. X% of total exports in 2022. Egypt (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Nigeria (X%). Ghana (X units) held a minor share of total exports.

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

In value terms, South Africa ($X), Nigeria ($X) and Egypt ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

Among the main exporting countries, Egypt, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Africa amounted to $X per unit, falling by X% against the previous year. Export price indicated modest growth 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, data storage device export price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2021 an increase of X%. As a result, the export price reached the peak level of $X per unit, and then contracted dramatically in the following year.

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

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

Data Storage Device Imports

Imports in Africa

In 2022, overseas purchases of data storage devices increased by X% to X units, rising for the second year in a row after six years of decline. In general, imports recorded a noticeable increase. The pace of growth appeared the most rapid in 2014 when imports increased by X%. As a result, imports reached the peak of X units. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, data storage device imports expanded to $X in 2022. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

South Africa prevails in imports structure, amounting to X units, which was near X% of total imports in 2022. It was distantly followed by Morocco (X units), committing a X% share of total imports. Tunisia (X units), Algeria (X units), Egypt (X units), Angola (X units) and Mauritius (X units) followed a long way behind the leaders.

South Africa was also the fastest-growing in terms of the data storage devices imports, with a CAGR of X% from 2012 to 2022. At the same time, Egypt (X%) and Mauritius (X%) displayed positive paces of growth. Angola experienced a relatively flat trend pattern. By contrast, Tunisia (X%), Morocco (X%) and Algeria (X%) illustrated a downward trend over the same period. While the share of South Africa (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Tunisia (X p.p.), Algeria (X p.p.) and Morocco (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported data storage devices in Africa, comprising X% of total imports. The second position in the ranking was held by Morocco ($X), with a X% share of total imports. It was followed by Algeria, with a X% share.

In South Africa, data storage device imports declined by an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Morocco (X% per year) and Algeria (X% per year).

Import Prices by Country

In 2022, the import price in Africa amounted to $X per unit, falling by X% against the previous year. Overall, the import price saw a abrupt decrease. The most prominent rate of growth was recorded in 2018 when the import price increased by X%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Algeria ($X per unit), while South Africa ($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 more modest paces of growth.

Source: IndexBox Platform

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