Africa: Snow Motor Vehicle Market 2023

Snow Motor Vehicle Market Size in Africa

The African snow motor vehicle market surged to $X in 2021, picking up by 39% against the previous year. Overall, consumption, however, recorded a deep contraction. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Snow Motor Vehicle Production in Africa

In value terms, snow motor vehicle production contracted to $X in 2021 estimated in export price. In general, production continues to indicate a perceptible curtailment. The pace of growth was the most pronounced in 2014 when the production volume increased by 18% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Snow Motor Vehicle Exports

Exports in Africa

In 2021, the amount of motor vehicles for travelling on snow or golf cars exported in Africa soared to X units, jumping by 21% compared with the previous year. Overall, exports, however, recorded a abrupt slump. The pace of growth appeared the most rapid in 2020 when exports increased by 52%. Over the period under review, the exports attained the maximum at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, snow motor vehicle exports soared to $X in 2021. In general, exports, however, recorded a drastic downturn. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

South Africa was the major exporter of motor vehicles for travelling on snow or golf cars in Africa, with the volume of exports reaching X units, which was near 61% of total exports in 2021. It was distantly followed by Democratic Republic of the Congo (X units), creating a 20% share of total exports. Tunisia (X units), Senegal (X units), Kenya (X units), Seychelles (X units) and Egypt (X units) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to snow motor vehicle exports from South Africa stood at -15.3%. At the same time, Democratic Republic of the Congo (+36.3%), Tunisia (+34.1%), Kenya (+20.7%), Seychelles (+16.7%) and Senegal (+8.0%) displayed positive paces of growth. Moreover, Democratic Republic of the Congo emerged as the fastest-growing exporter exported in Africa, with a CAGR of +36.3% from 2012-2021. By contrast, Egypt (-28.1%) illustrated a downward trend over the same period. While the share of Democratic Republic of the Congo (+19 p.p.), Tunisia (+4.1 p.p.), Kenya (+2.7 p.p.), Senegal (+2.6 p.p.) and Seychelles (+2.2 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Egypt (-8 p.p.) and South Africa (-15.1 p.p.) displayed negative dynamics.

In value terms, South Africa ($X) remains the largest snow motor vehicle supplier in Africa, comprising 66% of total exports. The second position in the ranking was taken by Tunisia ($X), with an 8.6% share of total exports. It was followed by Kenya, with a 5.5% share.

In South Africa, snow motor vehicle exports decreased by an average annual rate of -14.9% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Tunisia (+38.6% per year) and Kenya (+54.9% per year).

Export Prices by Country

The export price in Africa stood at $X per unit in 2021, with an increase of 11% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 19% against the previous year. The level of export peaked at $X per unit in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Kenya ($X per unit), while Democratic Republic of the Congo ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kenya (+10.7%), while the other leaders experienced more modest paces of growth.

Snow Motor Vehicle Imports

Imports in Africa

Snow motor vehicle imports skyrocketed to X units in 2021, increasing by 34% compared with the previous year. In general, imports, however, showed a sharp slump. The growth pace was the most rapid in 2018 when imports increased by 248%. Over the period under review, imports attained the maximum at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, snow motor vehicle imports surged to $X in 2021. Overall, imports showed resilient growth. The pace of growth appeared the most rapid in 2018 when imports increased by 104% against the previous year. The level of import peaked in 2021 and is likely to continue growth in the immediate term.

Imports by Country

In 2021, Nigeria (X units) was the largest importer of motor vehicles for travelling on snow or golf cars, making up 46% of total imports. South Africa (X units) held the second position in the ranking, followed by Cameroon (X units) and Egypt (X units). All these countries together took approx. 34% share of total imports. Morocco (X units), Libya (X units) and Senegal (X units) followed a long way behind the leaders.

Imports into Nigeria increased at an average annual rate of +57.1% from 2012 to 2021. At the same time, Cameroon (+90.0%), Egypt (+23.8%), Senegal (+15.2%) and Morocco (+14.1%) displayed positive paces of growth. Moreover, Cameroon emerged as the fastest-growing importer imported in Africa, with a CAGR of +90.0% from 2012-2021. By contrast, Libya (-9.5%) and South Africa (-38.6%) illustrated a downward trend over the same period. While the share of Nigeria (+46 p.p.), Cameroon (+13 p.p.), Egypt (+6.5 p.p.), Morocco (+3.6 p.p.), Libya (+2.8 p.p.) and Senegal (+1.7 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of South Africa (-83.3 p.p.) displayed negative dynamics.

In value terms, Nigeria ($X) constitutes the largest market for imported motor vehicles for travelling on snow or golf cars in Africa, comprising 64% of total imports. The second position in the ranking was held by Cameroon ($X), with a 6% share of total imports. It was followed by Egypt, with a 5.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Nigeria stood at +62.1%. The remaining importing countries recorded the following average annual rates of imports growth: Cameroon (+91.6% per year) and Egypt (+23.8% per year).

Import Prices by Country

In 2021, the import price in Africa amounted to $X per unit, growing by 7.4% against the previous year. Over the period under review, the import price showed significant growth. The pace of growth was the most pronounced in 2017 when the import price increased by 982%. The level of import peaked in 2021 and is likely to see gradual growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Senegal ($X per unit), while Libya ($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 (+55.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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