Africa: Pliers And Pincers Market 2024

Pliers And Pincers Market Size in Africa

After five years of growth, the African pliers and pincers market decreased by X% to $X in 2022. Overall, consumption saw a slight decline. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Pliers And Pincers Production in Africa

In value terms, pliers and pincers production soared to $X in 2022 estimated in export price. Overall, production, however, recorded a resilient expansion. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Pliers And Pincers Exports

Exports in Africa

In 2022, approx. X tons of pliers, pincers and tweezers for nonmedical use were exported in Africa; remaining constant against the previous year. Overall, exports showed a mild decline. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. The volume of export peaked at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, pliers and pincers exports dropped significantly to $X in 2022. In general, exports showed a perceptible curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

South Africa prevails in exports structure, accounting for X tons, which was approx. X% of total exports in 2022. Lesotho (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Mauritius (X%) and Tanzania (X%). Tunisia (X tons), Rwanda (X tons), Morocco (X tons), Angola (X tons), Botswana (X tons) and Namibia (X tons) followed a long way behind the leaders.

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

In value terms, South Africa ($X) remains the largest pliers and pincers supplier in Africa, comprising X% of total exports. The second position in the ranking was held by Mauritius ($X), with a X% share of total exports. It was followed by Tunisia, with a X% share.

In South Africa, pliers and pincers exports 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: Mauritius (X% per year) and Tunisia (X% per year).

Export Prices by Country

The export price in Africa stood at $X per ton in 2022, with a decrease of X% against the previous year. Overall, the export price continues to indicate a mild decrease. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton, and then dropped notably in the following year.

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 Mauritius ($X per ton), while Lesotho ($X per ton) was amongst the lowest.

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

Pliers And Pincers Imports

Imports in Africa

In 2022, purchases abroad of pliers, pincers and tweezers for nonmedical use decreased by X% to X tons, falling for the third year in a row after three years of growth. Over the period under review, imports continue to indicate a pronounced curtailment. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, pliers and pincers imports shrank to $X in 2022. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, South Africa (X tons), Morocco (X tons), Egypt (X tons), Ghana (X tons), Algeria (X tons), Cote d'Ivoire (X tons), Libya (X tons), Angola (X tons), Cameroon (X tons), Nigeria (X tons), Guinea (X tons) and Tunisia (X tons) represented the key importer of pliers, pincers and tweezers for nonmedical use in Africa, creating X% of total import. Djibouti (X tons) followed a long way behind the leaders.

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

In value terms, South Africa ($X), Algeria ($X) and Morocco ($X) were the countries with the highest levels of imports in 2022, together comprising X% of total imports. Ghana, Egypt, Libya, Tunisia, Cameroon, Angola, Cote d'Ivoire, Guinea, Djibouti and Nigeria lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Ghana, 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 ton, with an increase of X% against the previous year. Import price indicated tangible 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, pliers and pincers import price increased by X% against 2018 indices. The growth pace was the most rapid in 2016 when the import price increased by X%. The level of import peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Algeria ($X per ton), while Cote d'Ivoire ($X per ton) 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

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