Africa: Market for Non-Numerically Controlled Sharpening Machines For Working Metal 2024

Market Size for Non-Numerically Controlled Sharpening Machines For Working Metal in Africa

The African non-numerically controlled sharpening machine market rose rapidly to $X in 2022, with an increase of X% against the previous year. In general, consumption enjoyed strong growth. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Production of Non-Numerically Controlled Sharpening Machines For Working Metal in Africa

In value terms, non-numerically controlled sharpening machine production expanded remarkably to $X in 2022 estimated in export price. Overall, production continues to indicate a buoyant expansion. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Exports of Non-Numerically Controlled Sharpening Machines For Working Metal

Exports in Africa

In 2022, the amount of non-numerically controlled sharpening machines for working metal exported in Africa shrank notably to X units, waning by X% on the previous year's figure. Overall, exports saw a abrupt setback. The pace of growth appeared the most rapid in 2021 when exports increased by X%. The volume of export peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, non-numerically controlled sharpening machine exports amounted to $X in 2022. Over the period under review, exports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

South Africa prevails in exports structure, resulting at X units, which was near X% of total exports in 2022. The following exporters - Sierra Leone (X units) and Mauritius (X units) - each resulted at a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to non-numerically controlled sharpening machine exports from South Africa stood at X%. At the same time, Mauritius (X%) and Sierra Leone (X%) displayed positive paces of growth. Moreover, Mauritius emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. South Africa (X p.p.), Sierra Leone (X p.p.) and Mauritius (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 ($X) remains the largest non-numerically controlled sharpening machine supplier in Africa, comprising X% of total exports. The second position in the ranking was taken by Sierra Leone ($X), with a X% share of total exports.

In South Africa, non-numerically controlled sharpening machine exports decreased by an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Sierra Leone (X% per year) and Mauritius (X% per year).

Export Prices by Country

The export price in Africa stood at $X per unit in 2022, rising by X% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced 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 2020; however, from 2021 to 2022, the export prices stood 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 ($X per unit), while Mauritius ($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 more modest paces of growth.

Imports of Non-Numerically Controlled Sharpening Machines For Working Metal

Imports in Africa

In 2022, overseas purchases of non-numerically controlled sharpening machines for working metal decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. In general, imports, however, recorded a moderate increase. The growth pace was the most rapid in 2015 when imports increased by X%. Over the period under review, imports attained the peak figure at X units in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, non-numerically controlled sharpening machine imports dropped notably to $X in 2022. Total imports indicated tangible growth 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. The most prominent rate of growth was recorded 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 somewhat lower figure.

Imports by Country

In 2022, South Africa (X units) was the key importer of non-numerically controlled sharpening machines for working metal, making up X% of total imports. Nigeria (X units) ranks second in terms of the total imports with a X% share, followed by Botswana (X%), Zambia (X%) and Swaziland (X%). Mozambique (X units), Gabon (X units), Uganda (X units), Lesotho (X units), Tunisia (X units), Egypt (X units), Kenya (X units) and Mauritius (X units) followed a long way behind the leaders.

Imports into South Africa increased at an average annual rate of X% from 2012 to 2022. At the same time, Nigeria (X%), Swaziland (X%), Uganda (X%), Gabon (X%), Mauritius (X%), Egypt (X%), Lesotho (X%), Kenya (X%), Mozambique (X%) and Zambia (X%) displayed positive paces of growth. Moreover, Nigeria emerged as the fastest-growing importer imported in Africa, with a CAGR of X% from 2012-2022. By contrast, Tunisia (X%) and Botswana (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Nigeria, South Africa, Swaziland, Gabon, Uganda, Egypt, Lesotho and Mauritius increased by X, X, X, X, X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest non-numerically controlled sharpening machine importing markets in Africa were South Africa ($X), Nigeria ($X) and Zambia ($X), together accounting for X% of total imports.

Nigeria, 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

In 2022, the import price in Africa amounted to $X per unit, picking up by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2015 to 2022, the import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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