Africa: Electroplating Machine Market 2024

Electroplating Machine Market Size in Africa

The African electroplating machine market contracted to $X in 2022, declining by X% against the previous year. Overall, consumption continues to indicate a deep setback. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Electroplating Machine Production in Africa

In value terms, electroplating machine production contracted to $X in 2022 estimated in export price. In general, production continues to indicate a drastic downturn. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. The level of production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Electroplating Machine Exports

Exports in Africa

In 2022, the amount of machines for electroplating, electrolysis or electrophoresis exported in Africa skyrocketed to X units, increasing by X% against 2021. In general, exports posted a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in years to come.

In value terms, electroplating machine exports expanded markedly to $X in 2022. Over the period under review, exports posted resilient growth. The most prominent rate of growth was recorded in 2018 when exports increased by X%. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The biggest shipments were from South Africa (X units), together reaching X% of total export.

South Africa was also the fastest-growing in terms of the machines for electroplating, electrolysis or electrophoresis exports, with a CAGR of X% from 2012 to 2022. South Africa (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) also remains the largest electroplating machine supplier in Africa.

From 2012 to 2022, the average annual growth rate of value in South Africa amounted to X%.

Export Prices by Country

In 2022, the export price in Africa amounted to $X per unit, waning by X% against the previous year. Overall, the export price continues to indicate a precipitous setback. The pace of growth appeared the most rapid in 2014 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for South Africa amounted to X% per year.

Electroplating Machine Imports

Imports in Africa

Electroplating machine imports skyrocketed to X units in 2022, with an increase of X% against 2021. In general, imports enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2018 when imports increased by X%. The volume of import peaked in 2022 and is likely to see gradual growth in the near future.

In value terms, electroplating machine imports fell dramatically to $X in 2022. Overall, imports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. The level of import peaked at $X in 2021, and then contracted dramatically in the following year.

Imports by Country

South Africa represented the major importer of machines for electroplating, electrolysis or electrophoresis in Africa, with the volume of imports recording X units, which was near X% of total imports in 2022. Zambia (X units) ranks second in terms of the total imports with a X% share, followed by Democratic Republic of the Congo (X%). Nigeria (X units), Kenya (X units), Morocco (X units) and Egypt (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to electroplating machine imports into South Africa stood at X%. At the same time, Zambia (X%), Morocco (X%), Nigeria (X%), Kenya (X%) and Democratic Republic of the Congo (X%) displayed positive paces of growth. Moreover, Zambia emerged as the fastest-growing importer imported in Africa, with a CAGR of X% from 2012-2022. By contrast, Egypt (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of South Africa, Zambia and Democratic Republic of the Congo increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Democratic Republic of the Congo ($X) constitutes the largest market for imported machines for electroplating, electrolysis or electrophoresis in Africa, comprising X% of total imports. The second position in the ranking was held by Zambia ($X), with a X% share of total imports. It was followed by Nigeria, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Democratic Republic of the Congo stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Zambia (X% per year) and Nigeria (X% per year).

Import Prices by Country

In 2022, the import price in Africa amounted to $X per unit, shrinking by X% against the previous year. In general, the import price saw a deep setback. The growth pace was the most rapid in 2014 an increase of X% against the previous year. The level of import peaked at $X per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Democratic Republic of the Congo ($X per unit), while South Africa ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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