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

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

The African numerically controlled sharpening machine market surged to $X in 2022, increasing by X% against the previous year. Over the period under review, consumption continues to indicate a measured increase. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Production of Numerically Controlled Sharpening Machines For Working Metal in Africa

In value terms, numerically controlled sharpening machine production soared to $X in 2022 estimated in export price. Overall, production recorded a tangible expansion. The growth pace was the most rapid in 2020 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Exports of Numerically Controlled Sharpening Machines For Working Metal

Exports in Africa

In 2022, overseas shipments of numerically controlled sharpening machines for working metal increased by X% to X units, rising for the second year in a row after two years of decline. Over the period under review, exports showed a perceptible increase. Over the period under review, the exports attained the maximum at X units in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, numerically controlled sharpening machine exports skyrocketed to $X in 2022. In general, exports showed buoyant growth. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

South Africa dominates exports structure, recording X units, which was approx. X% of total exports in 2022. Namibia (X units) took the second position in the ranking, followed by Zambia (X units). All these countries together held near X% share of total exports. The following exporters - Cameroon (X units), Democratic Republic of the Congo (X units), Mauritius (X units) and Swaziland (X units) - each amounted to a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to numerically controlled sharpening machine exports from South Africa stood at X%. At the same time, Namibia (X%) displayed positive paces of growth. Moreover, Namibia emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. Mauritius, Swaziland, Democratic Republic of the Congo and Cameroon experienced a relatively flat trend pattern. By contrast, Zambia (X%) illustrated a downward trend over the same period. South Africa (X p.p.), Mauritius (X p.p.), Democratic Republic of the Congo (X p.p.), Cameroon (X p.p.) and Namibia (X p.p.) significantly strengthened its position in terms of the total exports, while Zambia saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) emerged as the largest numerically controlled sharpening machine supplier in Africa, comprising X% of total exports. The second position in the ranking was taken by Swaziland ($X), with a X% share of total exports. It was followed by Mauritius, with a X% share.

From 2012 to 2022, the average annual growth rate of value in South Africa totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Swaziland (X% per year) and Mauritius (X% per year).

Export Prices by Country

The export price in Africa stood at $X per unit in 2022, surging by X% against the previous year. In general, the export price saw a buoyant increase. The level of export peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was South Africa ($X per unit), while Zambia ($X per unit) was amongst the lowest.

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

Imports of Numerically Controlled Sharpening Machines For Working Metal

Imports in Africa

In 2022, purchases abroad of numerically controlled sharpening machines for working metal increased by X% to X units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, numerically controlled sharpening machine imports skyrocketed to $X in 2022. Overall, imports recorded a temperate expansion. The pace of growth was the most pronounced in 2019 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Botswana dominates imports structure, amounting to X units, which was approx. X% of total imports in 2022. Mauritius (X units) followed a long way behind the leaders.

Botswana was also the fastest-growing in terms of the numerically controlled sharpening machines for working metal imports, with a CAGR of X% from 2012 to 2022. At the same time, Mauritius (X%) displayed positive paces of growth. Botswana (X p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Botswana ($X) constitutes the largest market for imported numerically controlled sharpening machines for working metal in Africa, comprising X% of total imports. The second position in the ranking was held by Mauritius ($X), with a X% share of total imports.

In Botswana, numerically controlled sharpening machine imports expanded at an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

The import price in Africa stood at $X per unit in 2022, declining by X% against the previous year. Overall, the import price continues to indicate a sharp shrinkage. The most prominent rate of growth was recorded in 2020 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2021 to 2022, the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Botswana ($X per unit), while Mauritius amounted to $X per unit.

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

Source: IndexBox Platform

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