Africa: Harvesting Machinery Market 2024

Harvesting Machinery Market Size in Africa

The African harvesting machinery market expanded remarkably to $X in 2022, with an increase of X% against the previous year. The total consumption indicated a prominent 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 decreased by X% against 2020 indices. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Harvesting Machinery Production in Africa

In value terms, harvesting machinery production rose markedly to $X in 2022 estimated in export price. The total production indicated a buoyant 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 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Harvesting Machinery Exports

Exports in Africa

In 2022, after three years of growth, there was significant decline in shipments abroad of root or tuber harvesting machines, when their volume decreased by X% to X units. Over the period under review, exports, however, saw moderate growth. The pace of growth was the most pronounced in 2017 with an increase of X%. As a result, the exports reached the peak of X units. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, harvesting machinery exports contracted markedly to $X in 2022. In general, exports, however, continue to indicate resilient growth. The most prominent rate of growth was recorded in 2017 when exports increased by X%. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

South Africa was the major exporting country with an export of around X units, which resulted at X% of total exports. Namibia (X units) ranks second in terms of the total exports with a X% share, followed by Mozambique (X%), Egypt (X%) and Tanzania (X%).

From 2012 to 2022, the biggest increases were recorded for Namibia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest harvesting machinery supplying countries in Africa were Namibia ($X), South Africa ($X) and Egypt ($X), together comprising X% of total exports. Tanzania and Mozambique lagged somewhat behind, together accounting for a further X%.

Mozambique, 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 more modest paces of growth.

Export Prices by Country

In 2022, the export price in Africa amounted to $X per unit, dropping by X% against the previous year. Over the period under review, the export price, however, continues to indicate strong growth. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per unit in 2020; however, from 2021 to 2022, the export prices stood 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 Namibia ($X per unit), while Mozambique ($X per unit) was amongst the lowest.

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

Harvesting Machinery Imports

Imports in Africa

For the third consecutive year, Africa recorded decline in purchases abroad of root or tuber harvesting machines, which decreased by X% to X units in 2022. Total imports indicated a slight increase 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, imports decreased by X% against 2019 indices. The pace of growth was the most pronounced in 2019 with an increase of X%. As a result, imports reached the peak of X units. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, harvesting machinery imports declined to $X in 2022. Total imports indicated a prominent 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, imports increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2021, and then dropped in the following year.

Imports by Country

South Africa (X units), Egypt (X units), Morocco (X units), Algeria (X units), Sudan (X units), Swaziland (X units), Zimbabwe (X units), Senegal (X units), Somalia (X units), Mozambique (X units), Ghana (X units) and Botswana (X units) represented roughly X% of total imports in 2022. Mauritius (X units) took a minor share of total imports.

From 2012 to 2022, the biggest increases were recorded for Somalia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X), Egypt ($X) and Morocco ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Algeria, Swaziland, Sudan, Zimbabwe, Senegal, Botswana, Ghana, Mozambique, Mauritius and Somalia lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Zimbabwe, with a CAGR of X%, saw 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 unit, with an increase of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2020 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs in 2022 and is expected to retain growth in the near future.

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 South Africa ($X per unit), while Somalia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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