Africa: Market for Motor Vehicle Chassis Fitted With Engines 2024

Market Size for Motor Vehicle Chassis Fitted With Engines in Africa

The African market for motor vehicle chassis fitted with engines rose to $X in 2022, increasing by X% against the previous year. Overall, consumption, however, recorded a perceptible decrease. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Motor Vehicle Chassis Fitted With Engines in Africa

In value terms, production of motor vehicle chassis fitted with engines rose notably to $X in 2022 estimated in export price. Overall, production, however, recorded a noticeable shrinkage. The growth pace was the most rapid in 2020 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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Exports of Motor Vehicle Chassis Fitted With Engines

Exports in Africa

Exports of motor vehicle chassis fitted with engines surged to X units in 2022, picking up by X% against 2021. Over the period under review, exports saw perceptible growth. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. The volume of export peaked at X units in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, exports of motor vehicle chassis fitted with engines shrank slightly to $X in 2022. Overall, exports, however, continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Exports by Country

South Africa was the major exporter of motor vehicle chassis fitted with engines in Africa, with the volume of exports reaching X units, which was near X% of total exports in 2022. Tunisia (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Angola (X%). The following exporters - Botswana (X units), Algeria (X units) and Swaziland (X units) - each reached a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to motor vehicle chassis fitted with engines exports from South Africa stood at X%. At the same time, Tunisia (X%), Botswana (X%) and Swaziland (X%) displayed positive paces of growth. Moreover, Tunisia emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. Angola and Algeria experienced a relatively flat trend pattern. While the share of Tunisia (X p.p.) and Angola (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of South Africa (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest motor vehicle chassis fitted with engines supplier in Africa, comprising X% of total exports. The second position in the ranking was taken by Angola ($X), with a X% share of total exports. It was followed by Algeria, with a X% share.

In South Africa, exports of motor vehicle chassis fitted with engines plunged by an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Angola (X% per year) and Algeria (X% per year).

Export Prices by Country

The export price in Africa stood at $X per unit in 2022, declining by X% against the previous year. Overall, the export price saw a deep setback. The most prominent rate of growth was recorded in 2020 an increase of X%. As a result, the export price reached the peak level of $X per unit. From 2021 to 2022, the export prices remained at a somewhat 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 Algeria ($X per unit), while Tunisia ($X per unit) was amongst the lowest.

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

Imports of Motor Vehicle Chassis Fitted With Engines

Imports in Africa

In 2022, purchases abroad of motor vehicle chassis fitted with engines decreased by X% to X units, falling for the third year in a row after three years of growth. Over the period under review, imports showed a mild contraction. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Over the period under review, imports of hit record highs at X units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of motor vehicle chassis fitted with engines shrank sharply to $X in 2022. In general, imports saw a slight decrease. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports of remained at a somewhat lower figure.

Imports by Country

In 2022, Egypt (X units), Tunisia (X units) and Nigeria (X units) was the key importer of motor vehicle chassis fitted with engines in Africa, committing X% of total import. Morocco (X units) took an X% share (based on physical terms) of total imports, which put it in second place, followed by Ghana (X%). South Africa (X units), Algeria (X units) and Ethiopia (X units) took a relatively small share of total imports.

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

In value terms, Egypt ($X), Nigeria ($X) and Tunisia ($X) appeared to be the countries with the highest levels of imports in 2022, together accounting for X% of total imports. Morocco, Algeria, Ghana, South Africa and Ethiopia lagged somewhat behind, together comprising a further X%.

Algeria, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries 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, picking up by X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the import price increased by X%. As a result, import price attained the peak level of $X per unit. From 2020 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 Algeria ($X per unit), while Ethiopia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform