Africa: Aircraft Propeller Market 2024

Aircraft Propeller Market Size in Africa

For the fifth consecutive year, the African aircraft propeller market recorded growth in sales value, which increased by X% to $X in 2022. In general, consumption posted significant growth. The level of consumption peaked in 2022 and is expected to retain growth in the near future.

Aircraft Propeller Production in Africa

In value terms, aircraft propeller production totaled $X in 2022 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2022, production growth remained at a lower figure.

Aircraft Propeller Exports

Exports in Africa

Aircraft propeller exports declined notably to X tons in 2022, falling by X% compared with 2021. Over the period under review, exports showed a slight decline. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, aircraft propeller exports dropped significantly to $X in 2022. In general, exports, however, saw a strong increase. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of $X, and then contracted significantly in the following year.

Exports by Country

South Africa represented the key exporter of propellers and rotors for civil non-powered aircraft, helicopters and aeroplanes in Africa, with the volume of exports amounting to X tons, which was near X% of total exports in 2022. Morocco (X tons) ranks second in terms of the total exports with a X% share, followed by Namibia (X%) and Sudan (X%). The following exporters - Mali (X tons), Niger (X tons), Zambia (X tons), Uganda (X tons) and Kenya (X tons) - together made up X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Sudan (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Morocco ($X) remains the largest aircraft propeller supplier in Africa, comprising X% of total exports. The second position in the ranking was held by South Africa ($X), with a X% share of total exports. It was followed by Sudan, with a X% share.

In Morocco, aircraft propeller exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: South Africa (X% per year) and Sudan (X% per year).

Export Prices by Country

The export price in Africa stood at $X per ton in 2022, dropping by X% against the previous year. Overall, the export price, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2020 an increase of X%. Over the period under review, the export prices hit record highs at $X per ton in 2021, and then fell modestly in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Morocco ($X per ton), while Zambia ($X per ton) 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 more modest paces of growth.

Aircraft Propeller Imports

Imports in Africa

In 2022, approx. X tons of propellers and rotors for civil non-powered aircraft, helicopters and aeroplanes were imported in Africa; picking up by X% on 2021 figures. In general, imports posted a buoyant expansion. The pace of growth appeared the most rapid in 2016 when imports increased by X%. As a result, imports attained the peak of X tons. From 2017 to 2022, the growth of imports failed to regain momentum.

In value terms, aircraft propeller imports soared to $X in 2022. Over the period under review, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Egypt (X tons), distantly followed by Zimbabwe (X tons), Morocco (X tons) and South Africa (X tons) represented the major importers of propellers and rotors for civil non-powered aircraft, helicopters and aeroplanes, together constituting X% of total imports. Zambia (X tons), Kenya (X tons), Malawi (X tons), Niger (X tons) and Algeria (X tons) took a minor share 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 Egypt (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Egypt ($X) constitutes the largest market for imported propellers and rotors for civil non-powered aircraft, helicopters and aeroplanes in Africa, comprising X% of total imports. The second position in the ranking was taken by Morocco ($X), with a X% share of total imports. It was followed by South Africa, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Egypt totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: Morocco (X% per year) and South Africa (X% per year).

Import Prices by Country

The import price in Africa stood at $X per ton in 2022, surging by X% against the previous year. Over the period under review, the import price continues to indicate strong growth. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. Over the period under review, import prices reached the peak figure 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 Egypt ($X per ton), while Malawi ($X per ton) 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