Africa: Self-Propelled Industrial Truck Market 2020

Self-Propelled Industrial Truck Market Size in Africa

The revenue of the self-propelled industrial truck market in Africa amounted to $X in 2017, coming up by X% against the previous year. The self-propelled industrial truck consumption continues to indicate a slight downturn. The pace of growth was the most pronounced in 2010, when it surged by X% y-o-y. The level of self-propelled industrial truck consumption peaked of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Self-Propelled Industrial Truck Production in Africa

In 2017, production of self-propelled industrial works trucks in Africa stood at X units, remaining relatively unchanged against the previous year. The self-propelled industrial truck production continues to indicate a modest growth. The pace of growth appeared the most rapid in 2010, when it surged by X% year-to-year. In that year, the self-propelled industrial truck production reached their peak volume of X units. From 2011 to 2017, growth of the self-propelled industrial truck production failed to regain its momentum.

Self-Propelled Industrial Truck Exports in Africa

In 2017, approx. X units of self-propelled industrial works trucks were exported in Africa; falling by -X% against the previous year. The self-propelled industrial truck exports continue to indicate an abrupt decrease. The pace of growth was the most pronounced in 2009, when exports increased by X% year-to-year. In that year, the self-propelled industrial truck exports reached their peak volume of X units. From 2010 to 2017, growth of the self-propelled industrial truck exports stood at a somewhat lower level.

In value terms, self-propelled industrial truck exports amounted to $X in 2017. The self-propelled industrial truck exports continue to indicate a deep curtailment. Over the period under review, the self-propelled industrial truck exports reached its maximum level of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Self-Propelled Industrial Truck Export Prices by Country in Africa

In 2017, the self-propelled industrial truck export price in Africa amounted to $X thousand per unit, picking up by X% against the previous year. The self-propelled industrial truck export price continues to indicate a slight expansion. The pace of growth was the most pronounced in 2010, when the export prices increased by X% year-to-year. Over the period under review, the export prices for self-propelled industrial works trucks attained its peak figure level of $X thousand per unit in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was Cote d'Ivoire ($X thousand per unit), while Egypt ($X thousand per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Sierra Leone (+X% per year), while the other leaders experienced more modest paces of growth.

Self-Propelled Industrial Truck Imports in Africa

In 2017, the amount of self-propelled industrial works trucks imported in Africa stood at X units, coming down by -X% against the previous year. The self-propelled industrial truck imports continue to indicate an abrupt decline. The most prominent rate of growth was recorded in 2014, when imports increased by X% against the previous year. Over the period under review, the self-propelled industrial truck imports reached its peak figure volume of X units in 2009; however, from 2010 to 2017, it failed to regain its momentum.

In value terms, self-propelled industrial truck imports totaled $X in 2017. The self-propelled industrial truck imports continue to indicate a relatively flat trend pattern. The level of imports peaked of $X in 2009; however, from 2010 to 2017, it failed to regain its momentum.

Self-Propelled Industrial Truck Imports by Country in Africa

In 2017, Nigeria (X units) was the major importer for self-propelled industrial works trucks, creating X% of total imports. It was distantly followed by Swaziland (X units), Benin (X units), Egypt (X units) and Madagascar (X units), together making up X% share of total imports. Morocco (X units) followed a long way behind the leaders.

Imports into Nigeria decreased at an average annual rate of -X% from 2007 to 2017. At the same time, Swaziland (+X%), Madagascar (+X%) and Egypt (+X%) displayed positive paces of growth. Moreover, Swaziland emerged as the fastest growing importer in Africa, with a CAGR of +X% from 2007-2017. Benin experienced a relatively flat trend pattern. By contrast, Morocco (-X%) illustrated a downward trend over the same period. Nigeria (X%) and Morocco (X%) significantly strengthened its position in terms of the global imports, while Madagascar, Egypt and Swaziland saw its share reduced by -X%, -X% and -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest self-propelled industrial truck markets worldwide were Egypt ($X), Nigeria ($X) and Morocco ($X), with a combined X% share of total imports. These countries were followed by Swaziland, Madagascar and Benin, which together accounted for a further X%.

In terms of the main importing countries , Swaziland (+X% per year) experienced the highest rates of growth with regard to imports, over the last decade, while the other leaders experienced mixed trends in the imports figures.

Self-Propelled Industrial Truck Import Prices by Country in Africa

In 2017, the self-propelled industrial truck import price in Africa amounted to $X per unit, jumping by X% against the previous year. The self-propelled industrial truck import price continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2012, when the import prices increased by X% y-o-y. Over the period under review, the import prices for self-propelled industrial works trucks reached its peak figure level of $X per unit in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Morocco ($X per unit), while Benin ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Nigeria (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform