Africa: Market for Electric Generating Sets And Rotary Converters 2024

Market Size for Electric Generating Sets And Rotary Converters in Africa

In 2021, after three years of growth, there was significant decline in the African market for electric generating sets and rotary converters, when its value decreased by X% to $X. Over the period under review, consumption saw a mild curtailment. The level of consumption peaked at $X in 2020, and then dropped dramatically in the following year.

Production of Electric Generating Sets And Rotary Converters in Africa

In value terms, production of electric generating sets and rotary converters reduced notably to $X in 2021 estimated in export price. Overall, production saw a noticeable downturn. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, production of hit record highs at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Electric Generating Sets And Rotary Converters

Exports in Africa

Exports of electric generating sets and rotary converters fell to X units in 2021, with a decrease of X% against 2020. Overall, exports recorded a abrupt setback. The pace of growth was the most pronounced in 2015 when exports increased by X%. As a result, the exports attained the peak of X units. From 2016 to 2021, the growth of the exports of remained at a lower figure.

In value terms, exports of electric generating sets and rotary converters dropped to $X in 2021. In general, exports continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. The level of export peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

South Africa dominates converters structure, resulting at X units, which was near X% of total exports in 2021. Togo (X units) took the second position in the ranking, followed by Central African Republic (X units). All these countries together held approx. X% share of total exports. The following exporters - Morocco (X units), Kenya (X units), Democratic Republic of the Congo (X units) and Benin (X units) - each finished at a X% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to electric generating set and rotary converter exports from South Africa stood at X%. At the same time, Central African Republic (X%), Democratic Republic of the Congo (X%), Benin (X%), Morocco (X%), Kenya (X%) and Togo (X%) displayed positive paces of growth. Moreover, Central African Republic emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2021. Central African Republic (X p.p.), Togo (X p.p.), Morocco (X p.p.), Democratic Republic of the Congo (X p.p.), Kenya (X p.p.) and Benin (X p.p.) significantly strengthened its position in terms of the total exports, while South Africa saw its share reduced by X% from 2012 to 2021, respectively.

In value terms, South Africa ($X) remains the largest electric generating set and rotary converter supplier in Africa, comprising X% of total exports. The second position in the ranking was held by Morocco ($X), with an X% share of total exports. It was followed by Togo, with an X% share.

In South Africa, exports of electric generating sets and rotary converters contracted by an average annual rate of X% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Morocco (X% per year) and Togo (X% per year).

Export Prices by Country

The export price in Africa stood at $X per unit in 2021, approximately equating the previous year. In general, the export price, however, saw notable growth. The most prominent rate of growth was recorded in 2016 an increase of X%. The level of export peaked at $X per unit in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Togo (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Electric Generating Sets And Rotary Converters

Imports in Africa

After two years of growth, supplies from abroad of electric generating sets and rotary converters decreased by X% to X units in 2021. Overall, imports faced a deep setback. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. The volume of import peaked at X units in 2020, and then fell sharply in the following year.

In value terms, imports of electric generating sets and rotary converters reduced dramatically to $X in 2021. In general, imports showed a pronounced reduction. The pace of growth appeared the most rapid in 2013 with an increase of X%. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports of remained at a somewhat lower figure.

Imports by Country

In 2021, South Africa (X units) represented the main importer of electric generating sets and rotary converters, making up X% of total imports. Nigeria (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Egypt (X%). The following importers - Algeria (X units), Democratic Republic of the Congo (X units) and Libya (X units) - each finished at a X% share of total imports.

From 2012 to 2021, average annual rates of growth with regard to electric generating set and rotary converter imports into South Africa stood at X%. At the same time, Nigeria (X%), Libya (X%) and Egypt (X%) displayed positive paces of growth. Moreover, Nigeria emerged as the fastest-growing importer imported in Africa, with a CAGR of X% from 2012-2021. By contrast, Democratic Republic of the Congo (X%) and Algeria (X%) illustrated a downward trend over the same period. Nigeria (X p.p.) and Egypt (X p.p.) significantly strengthened its position in terms of the total imports, while South Africa saw its share reduced by X% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Nigeria ($X) constitutes the largest market for imported electric generating sets and rotary converters in Africa, comprising X% of total imports. The second position in the ranking was taken by Libya ($X), with a X% share of total imports. It was followed by Egypt, with a X% share.

In Nigeria, imports of electric generating sets and rotary converters expanded at an average annual rate of X% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Libya (X% per year) and Egypt (X% per year).

Import Prices by Country

The import price in Africa stood at $X per unit in 2021, jumping by X% against the previous year. Over the period under review, the import price saw a strong expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Africa (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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