Africa: Overhead Travelling Crane Market 2024

Overhead Travelling Crane Market Size in Africa

The African overhead travelling crane market totaled $X in 2022, flattening at 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 somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 when the market value increased by X% against the previous year. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Overhead Travelling Crane Production in Africa

In value terms, overhead travelling crane production fell modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of X%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Overhead Travelling Crane Exports

Exports in Africa

In 2022, approx. X units of overhead travelling cranes on fixed support were exported in Africa; with a decrease of X% on the previous year. Overall, exports recorded a deep slump. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, the exports hit record highs at X units in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, overhead travelling crane exports expanded notably to $X in 2022. Over the period under review, exports recorded a pronounced decrease. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

South Africa represented the key exporter of overhead travelling cranes on fixed support in Africa, with the volume of exports amounting to X units, which was near X% of total exports in 2022. Kenya (X units) held the second position in the ranking, followed by Swaziland (X units) and Lesotho (X units). All these countries together took approx. X% share of total exports. Zambia (X units), Uganda (X units), Ghana (X units), Morocco (X units) and Namibia (X units) held a minor share of total exports.

South Africa experienced a relatively flat trend pattern with regard to volume of exports of overhead travelling cranes on fixed support. At the same time, Swaziland (X%), Zambia (X%), Kenya (X%) and Morocco (X%) displayed positive paces of growth. Moreover, Swaziland emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. Uganda experienced a relatively flat trend pattern. By contrast, Lesotho (X%), Ghana (X%) and Namibia (X%) illustrated a downward trend over the same period. While the share of South Africa (X p.p.), Swaziland (X p.p.), Kenya (X p.p.), Lesotho (X p.p.), Zambia (X p.p.), Morocco (X p.p.) and Uganda (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Namibia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) emerged as the largest overhead travelling crane supplier in Africa, comprising X% of total exports. The second position in the ranking was taken by Lesotho ($X), with a X% share of total exports. It was followed by Swaziland, with an X% share.

From 2012 to 2022, the average annual growth rate of value in South Africa was relatively modest. In the other countries, the average annual rates were as follows: Lesotho (X% per year) and Swaziland (X% per year).

Export Prices by Country

The export price in Africa stood at $X per unit in 2022, jumping by X% against the previous year. Export price indicated measured growth from 2012 to 2022: its price 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, overhead travelling crane export price increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2015 an increase of X%. As a result, the export price attained the peak level of $X per unit. From 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Lesotho ($X per unit), while Ghana ($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.

Overhead Travelling Crane Imports

Imports in Africa

In 2022, purchases abroad of overhead travelling cranes on fixed support was finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of X%. The volume of import peaked at X units in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, overhead travelling crane imports skyrocketed to $X in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Nigeria (X units), followed by Mozambique (X units), Tanzania (X units), Democratic Republic of the Congo (X units), Kenya (X units) and Algeria (X units) were the main importers of overhead travelling cranes on fixed support, together achieving X% of total imports. The following importers - Egypt (X units), Ethiopia (X units), Ghana (X units), Morocco (X units), Zambia (X units), Uganda (X units) and Rwanda (X units) - together made up X% of total imports.

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

In value terms, the largest overhead travelling crane importing markets in Africa were Mozambique ($X), Nigeria ($X) and Egypt ($X), with a combined X% share of total imports.

Among the main importing countries, Mozambique, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Africa stood at $X per unit in 2022, with an increase of X% against the previous year. In general, the import price, however, continues to indicate a mild downturn. The level of import peaked at $X per unit in 2012; however, from 2013 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 Mozambique ($X per unit), while Uganda ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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