Africa: Motor Vehicle Radiator Market 2024

Motor Vehicle Radiator Market Size in Africa

The African motor vehicle radiator market totaled $X in 2022, picking up by X% against the previous year. The total consumption indicated a tangible 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, consumption increased by X% against 2015 indices. Over the period under review, the market attained the peak level in 2022 and is likely to see gradual growth in the immediate term.

Motor Vehicle Radiator Production in Africa

In value terms, motor vehicle radiator production expanded rapidly to $X in 2022 estimated in export price. The total production indicated a measured 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 decreased by X% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of X%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

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Motor Vehicle Radiator Exports

Exports in Africa

In 2022, after two years of growth, there was significant decline in overseas shipments of radiators for motor vehicles, when their volume decreased by X% to X units. Overall, exports, however, enjoyed a mild expansion. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. The volume of export peaked at X units in 2021, and then contracted in the following year.

In value terms, motor vehicle radiator exports shrank to $X in 2022. Over the period under review, exports, however, posted a mild expansion. The growth pace was the most rapid in 2020 when exports increased by X%. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Morocco (X units) and South Africa (X units) dominates exports structure, together achieving X% of total exports. Mauritius (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Morocco (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, the largest motor vehicle radiator supplying countries in Africa were Morocco ($X), South Africa ($X) and Mauritius ($X), together accounting for X% of total exports.

Morocco, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in Africa stood at $X per unit in 2022, rising by X% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was South Africa ($X per unit), while Mauritius ($X per unit) was amongst the lowest.

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

Motor Vehicle Radiator Imports

Imports in Africa

In 2022, the amount of radiators for motor vehicles imported in Africa expanded significantly to X units, increasing by X% compared with the year before. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, motor vehicle radiator imports rose slightly to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by X%. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

In 2022, South Africa (X units), distantly followed by Morocco (X units), Algeria (X units), Nigeria (X units) and Angola (X units) represented the key importers of radiators for motor vehicles, together generating X% of total imports. Libya (X units), Democratic Republic of the Congo (X units), Tunisia (X units), Ghana (X units), Tanzania (X units), Senegal (X units), Egypt (X units) and Kenya (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 main importing countries, was attained by Democratic Republic of the Congo (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X), Morocco ($X) and Algeria ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

Among the main importing countries, Morocco, 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

The import price in Africa stood at $X per unit in 2022, declining by X% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the import price increased by X%. The level of import peaked at $X per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Egypt ($X per unit), while Senegal ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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