Africa: Diagnostic Equipment Market 2024

Diagnostic Equipment Market Size in Africa

In 2022, the African diagnostic equipment market was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. The total consumption 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, consumption decreased by X% against 2019 indices. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Diagnostic Equipment Production in Africa

In value terms, diagnostic equipment production totaled $X in 2022 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Diagnostic Equipment Exports

Exports in Africa

In 2022, approx. X units of electro-diagnostic apparatus, and ultra-violet or infra-red ray apparatus were exported in Africa; shrinking by X% compared with the year before. In general, exports showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2015 with an increase of X%. Over the period under review, the exports reached the maximum at X units in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, diagnostic equipment exports declined markedly to $X in 2022. Over the period under review, exports showed a abrupt descent. The growth pace was the most rapid in 2013 when exports increased by X%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Niger (X units) and Tunisia (X units) were the main exporters of electro-diagnostic apparatus, and ultra-violet or infra-red ray apparatus in 2022, accounting for approx. X% and X% of total exports, respectively. South Africa (X units) took an X% share (based on physical terms) of total exports, which put it in second place, followed by Nigeria (X%) and Sierra Leone (X%). Rwanda (X units), Mauritius (X units), Swaziland (X units), Equatorial Guinea (X units), Egypt (X units), Benin (X units), Botswana (X units) and Morocco (X units) took a relatively small share of total exports.

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

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

In South Africa, diagnostic equipment exports shrank by an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Tunisia (X% per year) and Nigeria (X% per year).

Export Prices by Country

In 2022, the export price in Africa amounted to $X per unit, picking up by X% against the previous year. Over the period under review, the export price saw a prominent increase. The growth pace was the most rapid in 2020 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2021 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 South Africa ($X per unit), while Niger ($X per unit) was amongst the lowest.

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

Diagnostic Equipment Imports

Imports in Africa

In 2022, overseas purchases of electro-diagnostic apparatus, and ultra-violet or infra-red ray apparatus were finally on the rise to reach X units after two years of decline. In general, imports enjoyed a moderate expansion. The growth pace was the most rapid in 2019 with an increase of X%. As a result, imports attained the peak of X units. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, diagnostic equipment imports reached $X in 2022. Overall, imports showed perceptible growth. The most prominent rate of growth was recorded in 2019 when imports increased by X%. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Nigeria (X units), distantly followed by South Africa (X units), Angola (X units), Algeria (X units), Morocco (X units) and Ethiopia (X units) represented the main importers of electro-diagnostic apparatus, and ultra-violet or infra-red ray apparatus, together making up X% of total imports. Senegal (X units), Libya (X units), Cote d'Ivoire (X units), Tanzania (X units), Kenya (X units), Democratic Republic of the Congo (X units) and Mozambique (X units) followed a long way behind the leaders.

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

In value terms, the largest diagnostic equipment importing markets in Africa were South Africa ($X), Algeria ($X) and Morocco ($X), with a combined X% share of total imports. Libya, Tanzania, Nigeria, Ethiopia, Angola, Kenya, Cote d'Ivoire, Democratic Republic of the Congo, Senegal and Mozambique lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Senegal, with a CAGR of X%, saw the highest growth rate of 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

The import price in Africa stood at $X per unit in 2022, declining by X% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 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 stood 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 ($X per unit), while Senegal ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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