Africa: Gas Turbine Market 2020

Gas Turbine Market Size in Africa

The revenue of the gas turbine market in Africa amounted to $X in 2017, dropping by -X% against the previous year. The gas turbine consumption continues to indicate a deep shrinkage. The most prominent rate of growth was recorded in 2011, when it surged by X% against the previous year. The level of gas turbine consumption peaked of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Gas Turbine Production in Africa

The gas turbine production stood at X units in 2017, approximately reflecting the previous year. The gas turbine production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015, when it surged by X% against the previous year. The volume of gas turbine production peaked in 2017, and is likely to see steady growth in the immediate term.

Gas Turbine Exports in Africa

In 2017, the amount of gas turbines exported in Africa stood at X units, jumping by X% against the previous year. The gas turbine exports continue to indicate a strong growth. The pace of growth was the most pronounced in 2017, when exports increased by X% y-o-y. Over the period under review, the gas turbine exports attained its maximum volume of X units in 2010; however, from 2011 to 2017, it failed to regain its momentum.

In value terms, gas turbine exports stood at $X in 2017. The gas turbine exports continue to indicate a deep contraction. The level of exports peaked of $X in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Gas Turbine Exports by Country in Africa

South Africa dominates gas turbine exports structure, reaching X units, which was near X% of total exports in 2017. It was distantly followed by Uganda (X units), creating X% share of total exports.

South Africa was also the fastest growing in terms of the gas turbines exports, with a CAGR of +X% from 2007 to 2017. Uganda (-X%) illustrated a downward trend over the same period. While the share of Uganda (X%) increased significantly in terms of the global exports from 2007-2017, the share of South Africa (-X%) displayed negative dynamics.

In value terms, the largest gas turbine markets worldwide were Uganda ($X) and South Africa ($X), together accounting for X% of total exports.

Among the main exporting countries , South Africa (+X% per year) experienced the highest growth rate of exports, over the last decade.

Gas Turbine Export Prices by Country in Africa

In 2017, the gas turbine export price in Africa amounted to $X thousand per unit, waning by -X% against the previous year. The gas turbine export price continues to indicate a dramatic deduction. The growth pace was the most rapid in 2011, an increase of X% year-to-year. The level of export price peaked of $X thousand per unit in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was Uganda ($X thousand per unit), while South Africa ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Uganda (+X% per year).

Gas Turbine Imports in Africa

In 2017, approx. X units of gas turbines were imported in Africa; surging by X% against the previous year. The gas turbine imports continue to indicate a strong expansion. The growth pace was the most rapid in 2012, when it surged by X% y-o-y. The volume of imports peaked in 2017, and are expected to retain its growth in the near future.

In value terms, gas turbine imports stood at $X in 2017. The total imports indicated a moderate growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the gas turbine imports increased by +X% against 2013 indices. Over the period under review, the gas turbine imports attained its maximum level in 2017, and are expected to retain its growth in the near future.

Gas Turbine Imports by Country in Africa

In 2017, Algeria (X units) represented the largest importer for gas turbines, achieving X% of total imports. It was distantly followed by Nigeria (X units), achieving X% share of total imports. Botswana (X units), Angola (X units), Libya (X units), Tunisia (X units), South Africa (X units) and Mozambique (X units) occupied the minor share of total imports.

From 2007 to 2017, average annual rates of growth with regard to gas turbine imports into Algeria stood at +X%. At the same time, Mozambique (+X%), Botswana (+X%), Libya (+X%), Nigeria (+X%), Angola (+X%), South Africa (+X%) and Tunisia (+X%) displayed positive paces of growth. Moreover, Mozambique emerged as the fastest growing importer in Africa, with a CAGR of +X% from 2007-2017. While the share of Mozambique (-X%), Angola (-X%), Libya (-X%), Botswana (-X%), Nigeria (-X%) and Algeria (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Algeria ($X) constitutes the largest market for imported gas turbines in Africa, making up X% of global imports. The second position in the ranking was occupied by Nigeria ($X), with a X% share of global imports. It was followed by Angola, with a X% share.

In Algeria, gas turbine imports expanded at an average annual rate of +X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: Nigeria (+X% per year) and Angola (+X% per year).

Gas Turbine Import Prices by Country in Africa

In 2017, the gas turbine import price in Africa amounted to $X thousand per unit, going down by -X% against the previous year. The gas turbine import price continues to indicate a perceptible reduction. The pace of growth was the most pronounced in 2008, when it surged by X% against the previous year. Over the period under review, the import prices for gas turbines attained its peak figure level of $X thousand per unit in 2009; however, from 2010 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Angola ($X thousand per unit), while Botswana ($X thousand per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Botswana (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform