Africa: Market for In-Hand Motor Grinders, Sanders And Planers 2024

Market Size for In-Hand Motor Grinders, Sanders And Planers in Africa

In 2021, the African market for in-hand motor grinders, sanders and planers increased by 32% to $X, rising for the fifth consecutive year after two years of decline. The total consumption indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +5.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +85.5% against 2016 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of In-Hand Motor Grinders, Sanders And Planers in Africa

In value terms, production of in-hand motor grinders, sanders and planers expanded rapidly to $X in 2021 estimated in export price. Overall, production faced a abrupt downturn. The most prominent rate of growth was recorded in 2017 when the production volume increased by 32%. Over the period under review, production of attained the maximum level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of In-Hand Motor Grinders, Sanders And Planers

Exports in Africa

In 2021, shipments abroad of in-hand motor grinders, sanders and planers increased by 109% to X units, rising for the second year in a row after four years of decline. In general, exports continue to indicate a resilient increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of in-hand motor grinders, sanders and planers soared to $X in 2021. Total exports indicated a noticeable increase from 2012 to 2021: its value increased at an average annual rate of +2.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of 48%. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

In 2021, South Africa (X units) represented the key exporter of in-hand motor grinders, sanders and planers in Africa, making up 94% of total export.

South Africa was also the fastest-growing in terms of the in-hand motor grinders, sanders and planers exports, with a CAGR of +12.1% from 2012 to 2021. While the share of South Africa (+14 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) also remains the largest electromechanical tools for working in the hand, with self-contained electric motor supplier in Africa.

In South Africa, exports of in-hand motor grinders, sanders and planers expanded at an average annual rate of +3.9% over the period from 2012-2021.

Export Prices by Country

The export price in Africa stood at $X per unit in 2021, with a decrease of -30.3% against the previous year. Over the period under review, the export price saw a abrupt setback. The pace of growth appeared the most rapid in 2018 an increase of 54%. As a result, the export price attained the peak level of $X per unit. From 2019 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for South Africa.

From 2012 to 2021, the rate of growth in terms of prices for South Africa amounted to -7.4% per year.

Imports of In-Hand Motor Grinders, Sanders And Planers

Imports in Africa

In 2021, approx. X units of in-hand motor grinders, sanders and planers were imported in Africa; picking up by 36% compared with the previous year. Total imports indicated a prominent increase from 2012 to 2021: its volume increased at an average annual rate of +6.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +78.1% against 2016 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of in-hand motor grinders, sanders and planers soared to $X in 2021. The total import value increased at an average annual rate of +4.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, South Africa (X units), distantly followed by Algeria (X units) and Libya (X units) were the key importers of in-hand motor grinders, sanders and planers, together constituting 61% of total imports. Ghana (X units), Egypt (X units), Tunisia (X units), Mozambique (X units), Morocco (X units), Sudan (X units), Kenya (X units), Guinea (X units), Nigeria (X units) and Democratic Republic of the Congo (X units) held a minor share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Mozambique (with a CAGR of +39.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X), Algeria ($X) and Egypt ($X) appeared to be the countries with the highest levels of imports in 2021, together accounting for 52% of total imports. Libya, Morocco, Nigeria, Ghana, Tunisia, Kenya, Guinea, Mozambique, Sudan and Democratic Republic of the Congo lagged somewhat behind, together accounting for a further 31%.

Guinea, with a CAGR of +35.9%, saw the highest growth rate of the value of imports, in terms of the main importing countries 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 2021, reducing by -2.7% against the previous year. Overall, the import price recorded a pronounced contraction. The pace of growth was the most pronounced in 2018 an increase of 7%. The level of import peaked at $X per unit in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Egypt ($X per unit), while Sudan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Guinea (+2.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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