Africa: Levels Market 2024

Levels Market Size in Africa

In 2022, the African levels market was finally on the rise to reach $X after three years of decline. Over the period under review, consumption saw a strong expansion. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Levels Production in Africa

In value terms, levels production amounted to $X in 2022 estimated in export price. Overall, production continues to indicate resilient growth. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Levels Exports

Exports in Africa

In 2022, shipments abroad of levels increased by X% to X units, rising for the second year in a row after three years of decline. In general, exports saw a slight expansion. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in years to come.

In value terms, levels exports dropped to $X in 2022. Overall, exports, however, saw a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

South Africa dominates exports structure, resulting at X units, which was near X% of total exports in 2022. It was distantly followed by Botswana (X units), creating a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to levels exports from South Africa stood at X%. 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. While the share of Botswana (X p.p.) and South Africa (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

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

In South Africa, levels exports plunged by an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Africa amounted to $X per unit, falling by X% against the previous year. In general, the export price saw a deep reduction. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2014 to 2022, the export prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was South Africa ($X per unit), while Botswana stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%).

Levels Imports

Imports in Africa

In 2022, levels imports in Africa shrank modestly to X units, with a decrease of X% on 2021. Total imports indicated strong 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 2020 indices. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X units in 2021, and then dropped in the following year.

In value terms, levels imports fell markedly to $X in 2022. In general, imports, however, recorded mild growth. The pace of growth appeared the most rapid in 2017 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

South Africa prevails in imports structure, recording X units, which was approx. X% of total imports in 2022. Mozambique (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Madagascar (X%), Algeria (X%) and Mauritius (X%). The following importers - Nigeria (X units) and Egypt (X units) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to levels imports into South Africa stood at X%. At the same time, Madagascar (X%), Mozambique (X%), Egypt (X%), Algeria (X%), Nigeria (X%) and Mauritius (X%) displayed positive paces of growth. Moreover, Madagascar emerged as the fastest-growing importer imported in Africa, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Madagascar increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest levels importing markets in Africa were Nigeria ($X), Algeria ($X) and South Africa ($X), together accounting for X% of total imports. Egypt, Mauritius, Mozambique and Madagascar lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Madagascar, with a CAGR of X%, recorded 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 unit in 2022, declining by X% against the previous year. Over the period under review, the import price saw a noticeable contraction. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. Over the period under review, import prices reached the peak figure at $X per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform