Africa: Concrete Mixer Market 2024

Concrete Mixer Market Size in Africa

In 2022, the African concrete mixer market decreased by X% to $X, falling for the second year in a row after two years of growth. Over the period under review, consumption showed a abrupt setback. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Concrete Mixer Production in Africa

In value terms, concrete mixer production totaled $X in 2022 estimated in export price. In general, production recorded mild growth. The pace of growth was the most pronounced in 2015 with an increase of X%. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Concrete Mixer Exports

Exports in Africa

In 2022, approx. X units of concrete or mortar mixers were exported in Africa; surging by X% against 2021. Total exports indicated a tangible expansion 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, exports increased by X% against 2017 indices. The growth pace was the most rapid in 2020 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, concrete mixer exports surged to $X in 2022. Total exports indicated a modest increase from 2012 to 2022: its value 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, exports increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2015 when exports increased by X%. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Zambia (X units) and South Africa (X units) represented roughly X% of total exports in 2022. It was distantly followed by Congo (X units), Egypt (X units), Gabon (X units) and Cote d'Ivoire (X units), together achieving a X% share of total exports. Tunisia (X units), Tanzania (X units), Morocco (X units), Niger (X units), Mali (X units), Namibia (X units) and Senegal (X units) took a little share of total exports.

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

In value terms, South Africa ($X) remains the largest concrete mixer supplier in Africa, comprising X% of total exports. The second position in the ranking was held by Congo ($X), with a X% share of total exports. It was followed by Zambia, with a X% share.

From 2012 to 2022, the average annual growth rate of value in South Africa amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Congo (X% per year) and Zambia (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. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

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

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

Concrete Mixer Imports

Imports in Africa

After four years of growth, purchases abroad of concrete or mortar mixers decreased by X% to X units in 2022. Total imports indicated slight growth 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. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. As a result, imports attained the peak of X units. From 2017 to 2022, the growth of imports failed to regain momentum.

In value terms, concrete mixer imports declined significantly to $X in 2022. Over the period under review, imports saw a perceptible descent. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Ghana (X units) and Nigeria (X units) were the largest importers of concrete or mortar mixers in Africa, together amounting to near X% of total imports. It was distantly followed by Cote d'Ivoire (X units) and Egypt (X units), together making up a X% share of total imports. Guinea (X units), Algeria (X units), Kenya (X units), Morocco (X units), Democratic Republic of the Congo (X units), Senegal (X units), Benin (X units), South Africa (X units) and Tanzania (X units) held a relatively small share of total imports.

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

In value terms, Nigeria ($X), Ghana ($X) and Egypt ($X) constituted the countries with the highest levels of imports in 2022, together comprising X% of total imports. Algeria, Morocco, South Africa, Cote d'Ivoire, Guinea, Kenya, Senegal, Tanzania, Democratic Republic of the Congo and Benin lagged somewhat behind, together comprising a further X%.

Benin, with a CAGR of X%, recorded the highest growth rate of 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, standing approx. at the previous year. In general, the import price showed a noticeable downturn. The growth pace was the most rapid in 2014 an increase of X%. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the import prices remained at a somewhat 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 ($X per unit), while Ghana ($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 a decline in the import price figures.

Source: IndexBox Platform

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