Africa: Concrete Pump Market 2024

Concrete Pump Market Size in Africa

The African concrete pump market was finally on the rise to reach $X.6B in 2022, after two years of decline. In general, consumption faced a abrupt descent. As a result, consumption attained the peak level of $X.8B. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Concrete Pump Production in Africa

In value terms, concrete pump production fell slightly to $X.1B in 2022 estimated in export price. In general, production faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of X%. The level of production peaked at $X.5B in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Concrete Pump Exports

Exports in Africa

After two years of growth, shipments abroad of concrete pumps decreased by X% to X units in 2022. Over the period under review, exports, however, showed a perceptible expansion. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports attained the peak of X units, and then reduced notably in the following year.

In value terms, concrete pump exports soared to $X in 2022. In general, exports, however, enjoyed a pronounced increase. The growth pace was the most rapid in 2016 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

South Africa was the major exporter of concrete pumps in Africa, with the volume of exports accounting for X units, which was near X% of total exports in 2022. Cote d'Ivoire (X units) took an X% share (based on physical terms) of total exports, which put it in second place, followed by Gabon (X%). Uganda (X units), Angola (X units), Morocco (X units), Algeria (X units), Namibia (X units), Tunisia (X units) and Senegal (X units) held a relatively small share of total exports.

From 2012 to 2022, average annual rates of growth with regard to concrete pump exports from South Africa stood at X%. At the same time, Gabon (X%), Cote d'Ivoire (X%), Tunisia (X%), Algeria (X%), Uganda (X%) and Senegal (X%) displayed positive paces of growth. Moreover, Gabon emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. By contrast, Namibia (X%), Angola (X%) and Morocco (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of South Africa, Cote d'Ivoire and Gabon increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Cote d'Ivoire ($X), South Africa ($X) and Tunisia ($X) were the countries with the highest levels of exports in 2022, together accounting for X% of total exports.

In terms of the main exporting countries, Cote d'Ivoire, 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

The export price in Africa stood at $X per unit in 2022, increasing by X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. Over the period under review, the export prices reached the maximum at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Tunisia ($X per unit), while Angola ($X per unit) was amongst the lowest.

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

Concrete Pump Imports

Imports in Africa

In 2022, approx. X units of concrete pumps were imported in Africa; increasing by X% on the previous year. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when imports increased by X% against the previous year. As a result, imports attained the peak of X units. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, concrete pump imports skyrocketed to $X in 2022. Total imports indicated a modest expansion 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. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Kenya (X units), distantly followed by South Africa (X units), Morocco (X units), Cote d'Ivoire (X units) and Mauritius (X units) represented the major importers of concrete pumps, together generating X% of total imports. Algeria (X units), Egypt (X units), Guinea (X units), Nigeria (X units), Angola (X units), Democratic Republic of the Congo (X units), Uganda (X units) and Botswana (X units) followed a long way behind the leaders.

Imports into Kenya increased at an average annual rate of X% from 2012 to 2022. At the same time, Botswana (X%), Cote d'Ivoire (X%), Mauritius (X%), Uganda (X%), South Africa (X%) and Morocco (X%) displayed positive paces of growth. Moreover, Botswana emerged as the fastest-growing importer imported in Africa, with a CAGR of X% from 2012-2022. Egypt and Guinea experienced a relatively flat trend pattern. By contrast, Nigeria (X%), Democratic Republic of the Congo (X%), Angola (X%) and Algeria (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Kenya, Cote d'Ivoire, Mauritius, South Africa, Democratic Republic of the Congo, Botswana and Morocco increased by X, X, X, X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest concrete pump importing markets in Africa were South Africa ($X), Cote d'Ivoire ($X) and Morocco ($X), together accounting for X% of total imports.

Among the main importing countries, Cote d'Ivoire, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, 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, with an increase of X% against the previous year. Import price indicated a mild increase 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, concrete pump import price increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. Over the period under review, import prices attained the peak figure at $X per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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