Africa: Prefabricated Buildings Market 2024

Prefabricated Buildings Market Size in Africa

The African prefabricated buildings market dropped to $X in 2022, which is down by X% against the previous year. The total consumption indicated a notable 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, consumption decreased by X% against 2020 indices. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Prefabricated Buildings Production in Africa

In value terms, prefabricated buildings production reduced to $X in 2022 estimated in export price. The total production 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, production increased by X% against 2020 indices. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Prefabricated Buildings Exports

Exports in Africa

Prefabricated buildings exports soared to X tons in 2022, with an increase of X% against 2021 figures. Total exports indicated a notable expansion 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, exports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2014 with an increase of X%. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, prefabricated buildings exports dropped modestly to $X in 2022. Over the period under review, exports, however, continue to indicate a pronounced slump. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

South Africa dominates exports structure, recording X tons, which was near X% of total exports in 2022. Tunisia (X tons) took an X% share (based on physical terms) of total exports, which put it in second place, followed by Kenya (X%). The following exporters - Morocco (X tons), Zambia (X tons), Ghana (X tons), Mozambique (X tons) and Namibia (X tons) - together made up X% of total exports.

From 2012 to 2022, average annual rates of growth with regard to prefabricated buildings exports from South Africa stood at X%. At the same time, Zambia (X%), Mozambique (X%), Tunisia (X%), Morocco (X%) and Kenya (X%) displayed positive paces of growth. Moreover, Zambia emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. By contrast, Ghana (X%) and Namibia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Tunisia, South Africa, Zambia and Kenya increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest prefabricated buildings supplier in Africa, comprising X% of total exports. The second position in the ranking was held by Tunisia ($X), with an X% share of total exports. It was followed by Kenya, with an X% share.

In South Africa, prefabricated buildings exports declined by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Tunisia (X% per year) and Kenya (X% per year).

Export Prices by Country

The export price in Africa stood at $X per ton in 2022, which is down by X% against the previous year. Over the period under review, the export price recorded a perceptible reduction. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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 Morocco ($X per ton), while Mozambique ($X per ton) was amongst the lowest.

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

Prefabricated Buildings Imports

Imports in Africa

In 2022, purchases abroad of prefabricated buildings increased by X% to X tons, rising for the second year in a row after two years of decline. Over the period under review, imports continue to indicate a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, prefabricated buildings imports skyrocketed to $X in 2022. Overall, imports continue to indicate a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Morocco (X tons), distantly followed by Cote d'Ivoire (X tons), Nigeria (X tons) and Tanzania (X tons) were the key importers of prefabricated buildings, together creating X% of total imports. Ethiopia (X tons), Ghana (X tons), Libya (X tons), Kenya (X tons), Algeria (X tons), Angola (X tons), South Sudan (X tons), Zimbabwe (X tons) and Niger (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 South Sudan (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest prefabricated buildings importing markets in Africa were Morocco ($X), Cote d'Ivoire ($X) and Nigeria ($X), together accounting for X% of total imports. Tanzania, Angola, Algeria, South Sudan, Ethiopia, Niger, Kenya, Libya, Ghana and Zimbabwe lagged somewhat behind, together accounting for a further X%.

South Sudan, with a CAGR of X%, recorded the highest growth rate of the value of imports, among 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 ton in 2022, with an increase of X% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the import price increased by X%. The level of import peaked at $X per ton in 2012; afterwards, it flattened through to 2022.

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 Angola ($X per ton), while Tanzania ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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