Africa: Market for Industrial, Laboratory or Bakery Ovens 2024

Market Size for Industrial, Laboratory or Bakery Ovens in Africa

The African market for industrial, laboratory or bakery ovens expanded slightly to $X in 2022, picking up by X% against the previous year. Overall, consumption continues to indicate a prominent expansion. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Industrial, Laboratory or Bakery Ovens in Africa

In value terms, industrial, laboratory or bakery oven production amounted to $X in 2022 estimated in export price. In general, production recorded buoyant growth. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

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Exports of Industrial, Laboratory or Bakery Ovens

Exports in Africa

In 2022, the amount of industrial, laboratory or bakery ovens exported in Africa fell rapidly to X units, shrinking by X% against the previous year. Over the period under review, exports, however, enjoyed a remarkable 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 reached the peak of X units, and then declined remarkably in the following year.

In value terms, industrial, laboratory or bakery oven exports declined markedly to $X in 2022. In general, exports, however, posted a notable expansion. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

South Africa (X units) and Mozambique (X units) prevails in exports structure, together mixing up X% of total exports. Morocco (X units) followed a long way behind the leaders.

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

In value terms, South Africa ($X) remains the largest industrial, laboratory or bakery oven supplier in Africa, comprising X% of total exports. The second position in the ranking was taken by Mozambique ($X), with a X% share of total exports.

In South Africa, industrial, laboratory or bakery oven exports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Mozambique (X% per year) and Morocco (X% per year).

Export Prices by Country

In 2022, the export price in Africa amounted to $X per unit, shrinking by X% against the previous year. Overall, the export price showed a perceptible slump. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2019 to 2022, the export prices failed to regain momentum.

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 Morocco ($X per unit), while Mozambique ($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 export price figures.

Imports of Industrial, Laboratory or Bakery Ovens

Imports in Africa

Industrial, laboratory or bakery oven imports shrank sharply to X units in 2022, dropping by X% compared with the year before. Over the period under review, imports saw a perceptible descent. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, industrial, laboratory or bakery oven imports reduced notably to $X in 2022. Total imports indicated mild growth 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, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then dropped dramatically in the following year.

Imports by Country

In 2022, Algeria (X units), Egypt (X units), Morocco (X units), Mozambique (X units), South Africa (X units) and Tunisia (X units) represented the key importer of industrial, laboratory or bakery ovens in Africa, constituting X% of total import. The following importers - Ethiopia (X units), Libya (X units), Angola (X units), Democratic Republic of the Congo (X units) and Ghana (X units) - together made up X% of total imports.

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

In value terms, Morocco ($X), Algeria ($X) and Egypt ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising X% of total imports.

Morocco, with a CAGR of X%, saw 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

The import price in Africa stood at $X per unit in 2022, surging by X% against the previous year. Import price indicated a strong 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, industrial, laboratory or bakery oven import price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2016 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2017; however, from 2018 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 Angola ($X per unit), while Mozambique ($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.

Source: IndexBox Platform

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