Africa: Hand Saw Market 2024

Hand Saw Market Size in Africa

After two years of growth, the African hand saw market decreased by X% to $X in 2022. Overall, consumption showed a drastic downturn. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Hand Saw Production in Africa

In value terms, hand saw production stood at $X in 2022 estimated in export price. In general, production, however, saw a mild decline. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Hand Saw Exports

Exports in Africa

In 2022, the amount of hand saws exported in Africa shrank markedly to X tons, waning by X% compared with the year before. Over the period under review, exports recorded a noticeable setback. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, the exports reached the maximum at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, hand saw exports contracted to $X in 2022. Overall, exports continue to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2013 when exports increased by X%. The level of export peaked at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

South Africa dominates exports structure, finishing at X tons, which was near X% of total exports in 2022. Rwanda (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Tunisia (X%).

From 2012 to 2022, average annual rates of growth with regard to hand saw exports from South Africa stood at X%. At the same time, Rwanda (X%) and Tunisia (X%) displayed positive paces of growth. Moreover, Rwanda emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. While the share of Rwanda (X p.p.) and Tunisia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of South Africa (X p.p.) displayed negative dynamics.

In value terms, South Africa ($X) remains the largest hand saw supplier in Africa, comprising X% of total exports. The second position in the ranking was taken by Tunisia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa stood at X%. In the other countries, the average annual rates were as follows: Tunisia (X% per year) and Rwanda (X% per year).

Export Prices by Country

In 2022, the export price in Africa amounted to $X per ton, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. Over the period under review, the export prices attained the peak figure in 2022 and is likely to continue growth in the immediate term.

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 Tunisia ($X per ton), while Rwanda ($X per ton) 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.

Hand Saw Imports

Imports in Africa

In 2022, purchases abroad of hand saws decreased by X% to X tons for the first time since 2017, thus ending a four-year rising trend. Total imports indicated modest growth 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 2017 indices. The pace of growth was the most pronounced in 2013 with an increase of X%. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, hand saw imports shrank 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 indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then dropped in the following year.

Imports by Country

Nigeria (X tons), South Africa (X tons), Mozambique (X tons), Morocco (X tons), Algeria (X tons), Ghana (X tons), Ethiopia (X tons), Tanzania (X tons), Angola (X tons), Togo (X tons), Djibouti (X tons) and Democratic Republic of the Congo (X tons) represented roughly X% of total imports in 2022. Senegal (X tons) took a little share of total imports.

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

In value terms, Mozambique ($X), South Africa ($X) and Algeria ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Nigeria, Ghana, Djibouti, Tanzania, Morocco, Ethiopia, Angola, Democratic Republic of the Congo, Togo and Senegal lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Togo, with a CAGR of X%, saw the highest rates of growth with regard to 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 ton in 2022, increasing by X% against the previous year. Overall, the import price recorded a mild increase. The pace of growth appeared the most rapid in 2015 when the import price increased by X%. Over the period under review, import prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Mozambique ($X per ton), while Togo ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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