Africa: Market for Fuel, Lubricating Or Cooling-Medium Pumps For Internal Combustion Engines 2024

Market Size for Fuel, Lubricating Or Cooling-Medium Pumps For Internal Combustion Engines in Africa

The African fuel or lubricating pump market declined modestly to $X in 2022, falling by X% against the previous year. The total consumption indicated a temperate 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, consumption increased by X% against 2020 indices. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Production of Fuel, Lubricating Or Cooling-Medium Pumps For Internal Combustion Engines in Africa

In value terms, fuel or lubricating pump production declined to $X in 2022 estimated in export price. The total production indicated a notable 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. Based on 2022 figures, production increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2014 with an increase of X%. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Fuel, Lubricating Or Cooling-Medium Pumps For Internal Combustion Engines

Exports in Africa

In 2022, the amount of fuel, lubricating or cooling-medium pumps for internal combustion engines exported in Africa dropped markedly to X units, waning by X% on the year before. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of X%. As a result, the exports attained the peak of X units. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, fuel or lubricating pump exports dropped dramatically to $X in 2022. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of $X, and then declined notably in the following year.

Exports by Country

South Africa prevails in exports structure, finishing at X units, which was approx. X% of total exports in 2022. It was distantly followed by Tunisia (X units), achieving a X% share of total exports. The following exporters - Botswana (X units) and Morocco (X units) - each finished at a X% share of total exports.

South Africa experienced a relatively flat trend pattern with regard to volume of exports of fuel, lubricating or cooling-medium pumps for internal combustion engines. At the same time, Botswana (X%) displayed positive paces of growth. Moreover, Botswana emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. Tunisia and Morocco experienced a relatively flat trend pattern. From 2012 to 2022, the share of Botswana increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

In South Africa, fuel or lubricating pump exports remained relatively stable over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Tunisia (X% per year) and Morocco (X% per year).

Export Prices by Country

The export price in Africa stood at $X per unit in 2022, rising by X% against the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Fuel, Lubricating Or Cooling-Medium Pumps For Internal Combustion Engines

Imports in Africa

In 2022, approx. X units of fuel, lubricating or cooling-medium pumps for internal combustion engines were imported in Africa; which is down by X% against 2021 figures. Total imports indicated a resilient increase 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, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 when imports increased by X%. The volume of import peaked at X units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, fuel or lubricating pump imports amounted to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, South Africa (X units) represented the key importer of fuel, lubricating or cooling-medium pumps for internal combustion engines, creating X% of total imports. It was distantly followed by Egypt (X units), Algeria (X units) and Morocco (X units), together constituting a X% share of total imports. Libya (X units), Tunisia (X units), Sudan (X units), Ghana (X units) and Tanzania (X units) followed a long way behind the leaders.

Imports into South Africa increased at an average annual rate of X% from 2012 to 2022. At the same time, Sudan (X%), Egypt (X%), Morocco (X%), Tanzania (X%), Libya (X%), Ghana (X%) and Tunisia (X%) displayed positive paces of growth. Moreover, Sudan emerged as the fastest-growing importer imported in Africa, with a CAGR of X% from 2012-2022. Algeria experienced a relatively flat trend pattern. From 2012 to 2022, the share of Egypt, Sudan and Morocco 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, South Africa ($X) constitutes the largest market for imported fuel, lubricating or cooling-medium pumps for internal combustion engines in Africa, comprising X% of total imports. The second position in the ranking was held by Algeria ($X), with a X% share of total imports. It was followed by Morocco, with a X% share.

In South Africa, fuel or lubricating pump imports increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Algeria (X% per year) and Morocco (X% per year).

Import Prices by Country

The import price in Africa stood at $X per unit in 2022, with an increase of X% against the previous year. In general, the import price, however, recorded a pronounced decline. The pace of growth was the most pronounced in 2021 an increase of X%. Over the period under review, import prices hit record highs at $X per unit in 2012; however, from 2013 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 Tanzania ($X per unit), while Egypt ($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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