Africa: Invalid Carriage Market 2023

Invalid Carriage Market Size in Africa

In 2021, the African invalid carriage market decreased by -1.8% to $X, falling for the second year in a row after three years of growth. In general, consumption showed a deep setback. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a lower figure.

Invalid Carriage Production in Africa

In value terms, invalid carriage production reduced to $X in 2021 estimated in export price. The total production indicated noticeable growth from 2012 to 2021: its value increased at an average annual rate of +4.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +5.8% against 2019 indices. The pace of growth appeared the most rapid in 2017 with an increase of 26% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2021, production growth failed to regain momentum.

Invalid Carriage Exports

Exports in Africa

For the third consecutive year, Africa recorded growth in shipments abroad of invalid carriages not mechanically propelled, which increased by 9.9% to X units in 2021. Over the period under review, exports recorded a strong increase. The most prominent rate of growth was recorded in 2016 when exports increased by 175% against the previous year. The volume of export peaked at X units in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, invalid carriage exports reached $X in 2021. In general, exports recorded notable growth. The pace of growth was the most pronounced in 2016 when exports increased by 125%. As a result, the exports reached the peak of $X. From 2017 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Botswana represented the largest exporting country with an export of around X units, which recorded 58% of total exports. It was distantly followed by South Africa (X units) and Kenya (X units), together comprising a 39% share of total exports. Egypt (X units) took a relatively small share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Botswana (with a CAGR of +65.3%), while the other leaders experienced more modest paces of growth.

In value terms, the largest invalid carriage supplying countries in Africa were South Africa ($X), Botswana ($X) and Kenya ($X), with a combined 95% share of total exports.

Botswana, with a CAGR of +31.8%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Africa stood at $X per unit in 2021, declining by -6.1% against the previous year. Over the period under review, the export price recorded a drastic downturn. The pace of growth appeared the most rapid in 2018 when the export price increased by 126%. Over the period under review, the export prices hit record highs at $X per unit in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was South Africa ($X per unit), while Botswana ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Egypt (+8.9%), while the other leaders experienced mixed trends in the export price figures.

Invalid Carriage Imports

Imports in Africa

In 2021, overseas purchases of invalid carriages not mechanically propelled decreased by -7.6% to X units, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a deep reduction. The pace of growth was the most pronounced in 2013 when imports increased by 101%. As a result, imports reached the peak of X units. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, invalid carriage imports expanded significantly to $X in 2021. In general, imports recorded a deep setback. The pace of growth appeared the most rapid in 2019 when imports increased by 68% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, South Africa (X units), Algeria (X units), Nigeria (X units), Morocco (X units), Tanzania (X units), Egypt (X units), Kenya (X units) and Ghana (X units) was the largest importer of invalid carriages not mechanically propelled in Africa, constituting 75% of total import. The following importers - Libya (X units), Djibouti (X units), Sudan (X units), Zambia (X units) and Uganda (X units) - each amounted to a 10% share of total imports.

From 2012 to 2021, the biggest increases were in Tanzania (with a CAGR of +27.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest invalid carriage importing markets in Africa were South Africa ($X), Egypt ($X) and Algeria ($X), together accounting for 42% of total imports. These countries were followed by Nigeria, Morocco, Kenya, Tanzania, Sudan, Djibouti, Ghana, Libya, Uganda and Zambia, which together accounted for a further 41%.

Tanzania, with a CAGR of +34.2%, saw the highest growth rate of the value of imports, among 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

In 2021, the import price in Africa amounted to $X per unit, with an increase of 23% against the previous year. Overall, the import price showed a resilient increase. The most prominent rate of growth was recorded in 2015 an increase of 256% against the previous year. The level of import peaked in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Egypt ($X per unit), while Tanzania ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Africa (+32.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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