Africa: Liquid Supply Meter Market 2024

Liquid Supply Meter Market Size in Africa

The African liquid supply meter market totaled $X in 2022, leveling off at the previous year. Over the period under review, consumption showed a buoyant expansion. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in the immediate term.

Liquid Supply Meter Production in Africa

In value terms, liquid supply meter production fell slightly to $X in 2022 estimated in export price. In general, production enjoyed a strong increase. The pace of growth was the most pronounced in 2018 when the production volume increased by X%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

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Liquid Supply Meter Exports

Exports in Africa

In 2022, the amount of liquid supply or production meters exported in Africa skyrocketed to X units, growing by X% against 2021 figures. In general, exports continue to indicate prominent growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, liquid supply meter exports surged to $X in 2022. Overall, exports posted resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Tunisia represented the key exporter of liquid supply or production meters in Africa, with the volume of exports accounting for X units, which was approx. X% of total exports in 2022. It was distantly followed by South Africa (X units), committing a X% share of total exports.

Tunisia was also the fastest-growing in terms of the liquid supply or production meters exports, with a CAGR of X% from 2012 to 2022. South Africa (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Tunisia increased by X percentage points.

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

From 2012 to 2022, the average annual growth rate of value in Tunisia stood at X%.

Export Prices by Country

The export price in Africa stood at $X per unit in 2022, jumping by X% against the previous year. Export price indicated strong growth from 2012 to 2022: its price 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, liquid supply meter export price decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2018 when the export price increased by X%. The level of export peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

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

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

Liquid Supply Meter Imports

Imports in Africa

In 2022, purchases abroad of liquid supply or production meters increased by X% to X units, rising for the second year in a row after two years of decline. Total imports indicated buoyant 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 most prominent rate of growth was recorded in 2018 with an increase of X%. The volume of import peaked in 2022 and is likely to see steady growth in the immediate term.

In value terms, liquid supply meter imports fell slightly to $X in 2022. Total imports indicated a temperate expansion from 2012 to 2022: its value 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 2018 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Tanzania (X units), distantly followed by Kenya (X units), Ghana (X units), Cote d'Ivoire (X units) and Cameroon (X units) were the key importers of liquid supply or production meters, together making up X% of total imports. Ethiopia (X units), South Africa (X units), Somalia (X units), Morocco (X units), Uganda (X units), Egypt (X units), Nigeria (X units) and Congo (X units) held a minor share of total imports.

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

In value terms, South Africa ($X), Cote d'Ivoire ($X) and Morocco ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Ghana, Egypt, Tanzania, Ethiopia, Kenya, Uganda, Nigeria, Somalia, Congo and Cameroon lagged somewhat behind, together accounting for a further X%.

Ghana, with a CAGR of X%, recorded the highest rates of growth with regard to 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 2022, with a decrease of X% against the previous year. Overall, the import price showed a noticeable shrinkage. The most prominent rate of growth was recorded in 2014 an increase of X%. The level of import peaked at $X per unit in 2012; however, from 2013 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 South Africa ($X per unit), while Cameroon ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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