Africa: Vacuum Pump Market 2024

Vacuum Pump Market Size in Africa

In 2022, the African vacuum pump market increased by X% to $X, rising for the second consecutive year after two years of decline. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Vacuum Pump Production in Africa

In value terms, vacuum pump production shrank modestly to $X in 2022 estimated in export price. The total production indicated a slight expansion 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 increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

Vacuum Pump Exports

Exports in Africa

In 2022, overseas shipments of vacuum pumps decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports saw a perceptible contraction. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, vacuum pump exports shrank significantly to $X in 2022. In general, exports continue to indicate a slight setback. The most prominent rate of growth was recorded in 2015 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

South Africa was the largest exporter of vacuum pumps in Africa, with the volume of exports accounting for X units, which was near X% of total exports in 2022. Democratic Republic of the Congo (X units) ranks second in terms of the total exports with a X% share, followed by Egypt (X%). Angola (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to vacuum pump exports from South Africa stood at X%. At the same time, Democratic Republic of the Congo (X%) displayed positive paces of growth. Moreover, Democratic Republic of the Congo emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. By contrast, Egypt (X%) and Angola (X%) illustrated a downward trend over the same period. While the share of Democratic Republic of the Congo (X p.p.) and Angola (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of South Africa (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest vacuum pump supplier in Africa, comprising X% of total exports. The second position in the ranking was taken by Egypt ($X), with a X% share of total exports. It was followed by Angola, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa was relatively modest. The remaining exporting countries recorded the following average annual rates of exports growth: Egypt (X% per year) and Angola (X% per year).

Export Prices by Country

The export price in Africa stood at $X per unit in 2022, dropping by X% against the previous year. Over the period under review, the export price, however, saw a tangible increase. The pace of growth appeared the most rapid in 2014 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Angola ($X per unit), while Democratic Republic of the Congo ($X per unit) 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.

Vacuum Pump Imports

Imports in Africa

In 2022, overseas purchases of vacuum pumps increased by X% to X units, rising for the second year in a row after three years of decline. Total imports indicated a slight expansion 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 increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The volume of import peaked at X units in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, vacuum pump imports shrank to $X in 2022. Over the period under review, imports, however, continue to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of import peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

Egypt was the main importer of vacuum pumps in Africa, with the volume of imports recording X units, which was near X% of total imports in 2022. South Africa (X units) took the second position in the ranking, distantly followed by Algeria (X units) and Angola (X units). All these countries together held approx. X% share of total imports. Tunisia (X units), Nigeria (X units) and Morocco (X units) held a relatively small share of total imports.

Imports into Egypt increased at an average annual rate of X% from 2012 to 2022. At the same time, Tunisia (X%), Morocco (X%) and South Africa (X%) displayed positive paces of growth. Moreover, Tunisia emerged as the fastest-growing importer imported in Africa, with a CAGR of X% from 2012-2022. Angola experienced a relatively flat trend pattern. By contrast, Algeria (X%) and Nigeria (X%) illustrated a downward trend over the same period. Tunisia (X p.p.), South Africa (X p.p.) and Morocco (X p.p.) significantly strengthened its position in terms of the total imports, while Nigeria, Egypt and Algeria saw its share reduced by X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Egypt ($X), South Africa ($X) and Nigeria ($X) constituted the countries with the highest levels of imports in 2022, together comprising X% of total imports. Morocco, Angola, Algeria and Tunisia lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Morocco, with a CAGR of X%, saw the highest growth rate of 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, declining by X% against the previous year. Overall, the import price showed a noticeable decline. The growth pace was the most rapid in 2019 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :