Africa: Fuel Filter Market 2024

Fuel Filter Market Size in Africa

The African fuel filter market rose modestly to $X in 2022, growing by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The level of consumption peaked at $X in 2019; afterwards, it flattened through to 2022.

Fuel Filter Production in Africa

In value terms, fuel filter production contracted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Fuel Filter Exports

Exports in Africa

In 2022, fuel filter exports in Africa shrank to X units, waning by X% on 2021. In general, exports, however, continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports reached the peak of X units, and then reduced in the following year.

In value terms, fuel filter exports dropped to $X in 2022. Over the period under review, exports, however, posted a remarkable increase. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of $X, and then contracted modestly in the following year.

Exports by Country

In 2022, Tunisia (X units) represented the largest exporter of oil or petrol-filters for internal combustion engines, creating X% of total exports. South Africa (X units) ranks second in terms of the total exports with a X% share, followed by Morocco (X%).

From 2012 to 2022, average annual rates of growth with regard to fuel filter exports from Tunisia stood at X%. At the same time, Morocco (X%) displayed positive paces of growth. Moreover, Morocco emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. By contrast, South Africa (X%) illustrated a downward trend over the same period. Tunisia (X p.p.) and Morocco (X p.p.) significantly strengthened its position in terms of the total exports, while South Africa saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, the largest fuel filter supplying countries in Africa were Tunisia ($X), South Africa ($X) and Morocco ($X), with a combined X% share of total exports.

Morocco, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in Africa stood at $X per unit in 2022, growing by X% against the previous year. Overall, the export price, however, recorded a perceptible downturn. The pace of growth was the most pronounced in 2018 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Morocco ($X per unit), while Tunisia ($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 mixed trends in the export price figures.

Fuel Filter Imports

Imports in Africa

Fuel filter imports amounted to X units in 2022, with an increase of X% on the year before. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by X%. The volume of import peaked in 2022 and is expected to retain growth in years to come.

In value terms, fuel filter imports expanded significantly to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, South Africa (X units) was the largest importer of oil or petrol-filters for internal combustion engines, creating X% of total imports. Algeria (X units) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Ghana (X%), Egypt (X%) and Sudan (X%). Kenya (X units), Morocco (X units), Tunisia (X units), Libya (X units), Mozambique (X units), Guinea (X units), Nigeria (X units) and Uganda (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to fuel filter imports into South Africa stood at X%. At the same time, Mozambique (X%), Sudan (X%), Guinea (X%), Ghana (X%), Libya (X%), Uganda (X%), Algeria (X%), Morocco (X%) and Tunisia (X%) displayed positive paces of growth. Moreover, Mozambique emerged as the fastest-growing importer imported in Africa, with a CAGR of X% from 2012-2022. Kenya experienced a relatively flat trend pattern. By contrast, Egypt (X%) and Nigeria (X%) illustrated a downward trend over the same period. While the share of South Africa (X p.p.), Sudan (X p.p.), Mozambique (X p.p.), Algeria (X p.p.) and Ghana (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Kenya (X p.p.), Nigeria (X p.p.) and Egypt (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported oil or petrol-filters for internal combustion engines in Africa, comprising X% of total imports. The second position in the ranking was held by Egypt ($X), with an X% share of total imports. It was followed by Algeria, with an X% share.

From 2012 to 2022, the average annual growth rate of value in South Africa stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Egypt (X% per year) and Algeria (X% per year).

Import Prices by Country

In 2022, the import price in Africa amounted to $X per unit, growing by X% against the previous year. Over the period under review, the import price, however, continues to indicate a mild setback. The most prominent rate of growth was recorded in 2016 an increase of X%. Over the period under review, import prices reached the maximum at $X per unit in 2013; however, from 2014 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 Morocco ($X per unit), while Uganda ($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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