Africa: Vehicle Speedometer Market 2020

Vehicle Speedometer Market Size in Africa

The revenue of the vehicle speedometer market in Africa amounted to $X in 2017, waning by -X% against the previous year. The vehicle speedometer consumption continues to indicate an abrupt downturn. The most prominent rate of growth was recorded in 2009, with an increase of X% y-o-y. Over the period under review, the vehicle speedometer market reached its maximum level of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Vehicle Speedometer Production in Africa

In 2017, production of vehicle speed indicators in Africa amounted to X units, leveling off at the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2015, when it surged by X% against the previous year. Over the period under review, the vehicle speedometer production attained its peak figure volume in 2017, and is expected to retain its growth in the immediate term.

Vehicle Speedometer Exports in Africa

In 2017, the amount of vehicle speed indicators exported in Africa amounted to X units, jumping by X% against the previous year. The vehicle speedometer exports continue to indicate a remarkable growth. The pace of growth was the most pronounced in 2008, when exports increased by X% against the previous year. Over the period under review, the vehicle speedometer exports attained its peak figure volume in 2017, and are likely to see steady growth in the immediate term.

In value terms, vehicle speedometer exports stood at $X in 2017. The vehicle speedometer exports continue to indicate a slight downturn. Over the period under review, the vehicle speedometer exports reached its peak figure level of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Vehicle Speedometer Exports by Country in Africa

South Africa represented the largest exporter of vehicle speed indicators in Africa, with the volume of exports amounting to X units, which was near X% of total exports in 2017. It was distantly followed by Morocco (X units), constituting X% share of total exports.

From 2007 to 2017, average annual rates of growth with regard to vehicle speedometer exports from South Africa stood at +X%. At the same time, Morocco (+X%) displayed positive paces of growth. Moreover, Morocco emerged as the fastest growing exporter in Africa, with a CAGR of +X% from 2007-2017. Morocco (-X%) and South Africa (-X%) significantly weakened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest vehicle speedometer supplier in Africa, making up X% of global exports. The second position in the ranking was occupied by Morocco ($X), with a X% share of global exports.

From 2007 to 2017, the average annual growth rate of value in South Africa stood at -X%.

Vehicle Speedometer Export Prices by Country in Africa

In 2017, the vehicle speedometer export price in Africa amounted to $X per unit, coming down by -X% against the previous year. The vehicle speedometer export price continues to indicate an abrupt reduction. The pace of growth appeared the most rapid in 2009, an increase of X% against the previous year. The level of export price peaked of $X per unit in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was South Africa ($X per unit), while Morocco ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by South Africa (-X% per year).

Vehicle Speedometer Imports in Africa

The imports totaled X units in 2017, growing by X% against the previous year. The vehicle speedometer imports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2008, when imports increased by X% against the previous year. Over the period under review, the vehicle speedometer imports reached its peak figure volume in 2017, and are expected to retain its growth in the near future.

In value terms, vehicle speedometer imports totaled $X in 2017. The total imports indicated a prominent expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the vehicle speedometer imports increased by +X% against 2014 indices. Over the period under review, the vehicle speedometer imports reached its peak figure level in 2017, and are likely to continue its growth in the near future.

Vehicle Speedometer Imports by Country in Africa

South Africa represented the largest importing country with an import of about X units, which finished at X% of total imports. It was distantly followed by Egypt (X units) and Tanzania (X units), together achieving X% share of total imports. The following importers - Guinea (X units) and Ghana (X units) together made up X% of total imports.

From 2007 to 2017, average annual rates of growth with regard to vehicle speedometer imports into South Africa stood at +X%. At the same time, Tanzania (+X%), Ghana (+X%) and Egypt (+X%) displayed positive paces of growth. Moreover, Tanzania emerged as the fastest growing importer in Africa, with a CAGR of +X% from 2007-2017. Guinea experienced a relatively flat trend pattern. While the share of Ghana (-X%), Tanzania (-X%), Egypt (-X%) and South Africa (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported vehicle speed indicators in Africa, making up X% of global imports. The second position in the ranking was occupied by Egypt ($X), with a X% share of global imports. It was followed by Tanzania, with a X% share.

From 2007 to 2017, the average annual growth rate of value in South Africa amounted to +X%. In the other countries, the average annual rates were as follows: Egypt (+X% per year) and Tanzania (+X% per year).

Vehicle Speedometer Import Prices by Country in Africa

The vehicle speedometer import price in Africa stood at $X per unit in 2017, declining by -X% against the previous year. The vehicle speedometer import price continues to indicate an abrupt shrinkage. The most prominent rate of growth was recorded in 2009, an increase of X% year-to-year. In that year, the import prices for vehicle speed indicators attained their peak level of $X per unit. From 2010 to 2017, growth of the import prices for vehicle speed indicators stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was South Africa ($X per unit), while Guinea ($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 Tanzania (-X% per year), while the other leaders experienced a decline in the import price figures.

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Source: IndexBox Platform