Africa: Outboard Boat Motors Market 2024

Outboard Boat Motors Market Size in Africa

The African outboard boat motors market was estimated at $X in 2022, remaining relatively unchanged against the previous year. In general, consumption, however, continues to indicate a mild decline. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Outboard Boat Motors Production in Africa

In value terms, outboard boat motors production amounted to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a perceptible decline. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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Outboard Boat Motors Exports

Exports in Africa

In 2022, overseas shipments of outboard motors for marine propulsion increased by X% to X units for the first time since 2019, thus ending a two-year declining trend. In general, exports showed prominent growth. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, the exports attained the peak of X units. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, outboard boat motors exports totaled $X in 2022. Over the period under review, exports recorded a prominent increase. The pace of growth was the most pronounced in 2018 when exports increased by X%. The level of export peaked at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, South Africa (X units) represented the main exporter of outboard motors for marine propulsion in Africa, generating X% of total export.

South Africa was also the fastest-growing in terms of the outboard motors for marine propulsion exports, with a CAGR of X% from 2012 to 2022. From 2012 to 2022, the share of South Africa increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) also remains the largest outboard boat motors supplier in Africa.

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

Export Prices by Country

The export price in Africa stood at $X per unit in 2022, waning by X% against the previous year. In general, the export price continues to indicate a deep contraction. The pace of growth was the most pronounced in 2020 an increase of X%. Over the period under review, the export prices reached the peak figure at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a 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.

Outboard Boat Motors Imports

Imports in Africa

Outboard boat motors imports amounted to X units in 2022, increasing by X% against the year before. Total imports indicated slight growth from 2012 to 2022: its volume 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. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. As a result, imports reached the peak of X units. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, outboard boat motors imports stood at $X in 2022. Total imports indicated a mild increase 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. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2016 when imports increased by X%. As a result, imports attained the peak of $X. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

South Africa (X units), Morocco (X units) and Algeria (X units) represented roughly X% of total imports in 2022. Tunisia (X units) ranks next in terms of the total imports with a X% share, followed by Tanzania (X%), Senegal (X%) and Ghana (X%). Angola (X units), Kenya (X units), Mauritania (X units), Nigeria (X units), Mauritius (X units) and Gabon (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Algeria (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X) constitutes the largest market for imported outboard motors for marine propulsion in Africa, comprising X% of total imports. The second position in the ranking was taken by Morocco ($X), with a X% share of total imports. It was followed by Senegal, with an X% share.

From 2012 to 2022, the average annual growth rate of value in South Africa totaled X%. In the other countries, the average annual rates were as follows: Morocco (X% per year) and Senegal (X% per year).

Import Prices by Country

The import price in Africa stood at $X per unit in 2022, leveling off at the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 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.

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 Mauritania ($X per unit), while Tunisia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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