Africa: Self-Propelled Rock Cutter Market 2024

Self-Propelled Rock Cutter Market Size in Africa

The African self-propelled rock cutter market soared to $X in 2022, with an increase of X% against the previous year. Over the period under review, consumption recorded a prominent increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Self-Propelled Rock Cutter Production in Africa

In value terms, self-propelled rock cutter production contracted sharply to $X in 2022 estimated in export price. Overall, production, however, showed mild growth. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a somewhat lower figure.

Self-Propelled Rock Cutter Exports

Exports in Africa

In 2022, approx. X units of self-propelled coal or rock cutters and tunnelling machinery were exported in Africa; with a decrease of X% against 2021 figures. In general, exports recorded a perceptible descent. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. As a result, the exports attained the peak of X units. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, self-propelled rock cutter exports contracted markedly to $X in 2022. Over the period under review, exports, however, saw a prominent increase. The pace of growth was the most pronounced in 2018 when exports increased by X%. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Zambia (X units), distantly followed by Nigeria (X units), Namibia (X units) and South Africa (X units) represented the largest exporters of self-propelled coal or rock cutters and tunnelling machinery, together committing X% of total exports. The following exporters - Egypt (X units), Angola (X units) and Mali (X units) - 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 Nigeria (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X), Zambia ($X) and Mali ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of total exports. Namibia, Nigeria, Angola and Egypt lagged somewhat behind, together comprising a further X%.

Nigeria, with a CAGR of X%, recorded the highest growth rate of the value of exports, among 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, picking up by X% against the previous year. In general, the export price saw resilient growth. The most prominent rate of growth was recorded in 2018 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the peak figure at $X per unit in 2019; however, from 2020 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 South Africa ($X per unit), while Egypt ($X per unit) 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 mixed trends in the export price figures.

Self-Propelled Rock Cutter Imports

Imports in Africa

In 2022, supplies from abroad of self-propelled coal or rock cutters and tunnelling machinery increased by X% to X units, rising for the second consecutive year after two years of decline. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The volume of import peaked at X units in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, self-propelled rock cutter imports expanded sharply to $X in 2022. In general, imports saw perceptible growth. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Egypt dominates imports structure, recording X units, which was approx. X% of total imports in 2022. It was distantly followed by South Africa (X units), generating an X% share of total imports. The following importers - Ghana (X units), Cote d'Ivoire (X units), Guinea (X units), Senegal (X units), Democratic Republic of the Congo (X units), Tanzania (X units) and Ethiopia (X units) - together made up X% of total imports.

Egypt was also the fastest-growing in terms of the self-propelled coal or rock cutters and tunnelling machinery imports, with a CAGR of X% from 2012 to 2022. At the same time, Guinea (X%), Cote d'Ivoire (X%), Democratic Republic of the Congo (X%), Ghana (X%), Senegal (X%) and Tanzania (X%) displayed positive paces of growth. By contrast, Ethiopia (X%) and South Africa (X%) illustrated a downward trend over the same period. Egypt (X p.p.), Cote d'Ivoire (X p.p.), Ghana (X p.p.) and Guinea (X p.p.) significantly strengthened its position in terms of the total imports, while South Africa saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Egypt ($X) constitutes the largest market for imported self-propelled coal or rock cutters and tunnelling machinery in Africa, comprising X% of total imports. The second position in the ranking was held by South Africa ($X), with a X% share of total imports. It was followed by Ghana, 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: South Africa (X% per year) and Ghana (X% per year).

Import Prices by Country

In 2022, the import price in Africa amounted to $X per unit, reducing by X% against the previous year. Over the period under review, the import price, however, recorded a notable expansion. The growth pace was the most rapid in 2019 when the import price increased by X%. Over the period under review, import prices reached the maximum at $X per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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 Ghana ($X per unit), while Ethiopia ($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 more modest paces of growth.

Source: IndexBox Platform

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