Africa: Pacemaker Market 2024

Pacemaker Market Size in Africa

The African pacemaker market contracted slightly to $X in 2022, which is down by X% against the previous year. Over the period under review, consumption, however, showed a resilient increase. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Pacemaker Production in Africa

In value terms, pacemaker production reduced modestly to $X in 2022 estimated in export price. The total production indicated a prominent expansion 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, production increased by X% against 2020 indices. The pace of growth was the most pronounced in 2015 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

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Pacemaker Exports

Exports in Africa

In 2022, approx. X units of pacemakers for stimulating heart muscles (excl. parts and accessories) were exported in Africa; which is down by X% on the previous year. Overall, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2019 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, pacemaker exports reduced notably to $X in 2022. In general, exports, however, showed a prominent expansion. 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. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

In 2022, South Africa (X units) represented the largest exporter of pacemakers for stimulating heart muscles (excl. parts and accessories), comprising X% of total exports. It was distantly followed by Egypt (X units), mixing up a X% share of total exports. The following exporters - Kenya (X units) and Mali (X units) - together made up X% of total exports.

Exports from South Africa increased at an average annual rate of X% from 2012 to 2022. At the same time, Egypt (X%) and Mali (X%) displayed positive paces of growth. Moreover, Egypt emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. By contrast, Kenya (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of South Africa, Egypt and Mali increased by X, X and X percentage points, respectively.

In value terms, South Africa ($X), Egypt ($X) and Mali ($X) were the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

Egypt, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Africa stood at $X per unit in 2022, falling by X% against the previous year. Overall, the export price continues to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2015; however, from 2016 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 Mali ($X per unit), while South Africa ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mali (X%), while the other leaders experienced mixed trends in the export price figures.

Pacemaker Imports

Imports in Africa

In 2022, approx. X units of pacemakers for stimulating heart muscles (excl. parts and accessories) were imported in Africa; jumping by X% on 2021 figures. Overall, imports recorded a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, pacemaker imports rose remarkably to $X in 2022. Total imports indicated a perceptible 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 decreased by X% against 2019 indices. The pace of growth was the most pronounced in 2019 with an increase of X%. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Botswana was the key importing country with an import of about X units, which reached X% of total imports. South Africa (X units) ranks second in terms of the total imports with a X% share, followed by Egypt (X%), Tunisia (X%) and Algeria (X%). The following importers - Morocco (X units) and Libya (X units) - each accounted for a X% share of total imports.

Botswana was also the fastest-growing in terms of the pacemakers for stimulating heart muscles (excl. parts and accessories) imports, with a CAGR of X% from 2012 to 2022. At the same time, Libya (X%), Morocco (X%), Tunisia (X%), South Africa (X%) and Egypt (X%) displayed positive paces of growth. Algeria experienced a relatively flat trend pattern. While the share of Botswana (X p.p.) and Libya (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Tunisia (X p.p.), Egypt (X p.p.), Algeria (X p.p.) and South Africa (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Egypt ($X), South Africa ($X) and Algeria ($X) constituted the countries with the highest levels of imports in 2022, together accounting for X% of total imports. Morocco, Tunisia, Libya and Botswana lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Botswana, with a CAGR of X%, recorded the highest rates of growth with regard to 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

In 2022, the import price in Africa amounted to $X per unit, with a decrease of X% against the previous year. Overall, the import price saw a abrupt slump. The most prominent rate of growth was recorded in 2014 an increase of X%. Over the period under review, import prices reached the maximum at $X per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat 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 Egypt ($X per unit), while Botswana ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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