Africa: Wheeled Loader Market 2024

Wheeled Loader Market Size in Africa

The African wheeled loader market rose slightly to $X.1B in 2022, surging by X% against the previous year. In general, consumption, however, continues to indicate a deep reduction. The pace of growth was the most pronounced in 2019 when the market value increased by X% against the previous year. The level of consumption peaked at $X.4B in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Wheeled Loader Production in Africa

In value terms, wheeled loader production rose modestly to $X.3B in 2022 estimated in export price. In general, production, however, recorded a abrupt decline. The growth pace was the most rapid in 2019 with an increase of X%. The level of production peaked at $X.7B in 2012; however, from 2013 to 2022, production failed to regain momentum.

Wheeled Loader Exports

Exports in Africa

After two years of growth, overseas shipments of wheeled loaders, crawler shovel loaders, front-end loaders decreased by X% to X units in 2022. In general, exports continue to indicate a noticeable downturn. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. The volume of export peaked at X units in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, wheeled loader exports shrank to $X in 2022. Over the period under review, exports continue to indicate a deep slump. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

South Africa prevails in exports structure, resulting at X units, which was approx. X% of total exports in 2022. Zambia (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Namibia (X%) and Burkina Faso (X%). Tunisia (X units), Botswana (X units) and Cote d'Ivoire (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to wheeled loader exports from South Africa stood at X%. At the same time, Tunisia (X%), Zambia (X%), Namibia (X%), Botswana (X%), Burkina Faso (X%) and Cote d'Ivoire (X%) displayed positive paces of growth. Moreover, Tunisia emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Zambia, Namibia, Burkina Faso and Tunisia increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X), Namibia ($X) and Zambia ($X) constituted the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

Namibia, with a CAGR of X%, saw the highest growth rate of 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, rising by X% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Namibia ($X per unit), while Cote d'Ivoire ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Namibia (X%), while the other leaders experienced mixed trends in the export price figures.

Wheeled Loader Imports

Imports in Africa

In 2022, the amount of wheeled loaders, crawler shovel loaders, front-end loaders imported in Africa shrank notably to X units, with a decrease of X% compared with 2021. Over the period under review, imports saw a mild setback. The most prominent rate of growth was recorded in 2021 when imports increased by X%. The volume of import peaked at X units in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, wheeled loader imports rose notably to $X in 2022. Overall, imports recorded a noticeable reduction. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

South Africa (X units) and Egypt (X units) represented roughly X% of total imports in 2022. Ghana (X units) ranks next in terms of the total imports with a X% share, followed by Morocco (X%) and Democratic Republic of the Congo (X%). The following importers - Botswana (X units), Nigeria (X units), Zimbabwe (X units), Angola (X units), Cote d'Ivoire (X units), Libya (X units), Sudan (X units) and Zambia (X units) - together made up X% of total imports.

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

In value terms, the largest wheeled loader importing markets in Africa were South Africa ($X), Egypt ($X) and Ghana ($X), with a combined X% share of total imports. Democratic Republic of the Congo, Morocco, Nigeria, Zimbabwe, Angola, Cote d'Ivoire, Zambia, Botswana, Sudan and Libya lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Democratic Republic of the Congo, 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, with an increase of X% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was South Africa ($X per unit), while Botswana ($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 mixed trends in the import price figures.

Source: IndexBox Platform

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