Africa: Circuit Breaker Market 2024

Circuit Breaker Market Size in Africa

The African circuit breaker market shrank modestly to $X in 2022, which is down by X% against the previous year. Overall, consumption continues to indicate a resilient increase. Over the period under review, the market attained the peak level at $X in 2021, and then fell modestly in the following year.

Circuit Breaker Production in Africa

In value terms, circuit breaker production reduced modestly to $X in 2022 estimated in export price. In general, production, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2019; afterwards, it flattened through to 2022.

Circuit Breaker Exports

Exports in Africa

Circuit breaker exports reached X units in 2022, surging by X% against 2021 figures. Total exports indicated a strong increase 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, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, circuit breaker exports declined modestly to $X in 2022. Total exports indicated a resilient 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, exports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by X%. As a result, the exports reached the peak of $X, and then declined slightly in the following year.

Exports by Country

In 2022, Tunisia (X units), Morocco (X units), South Africa (X units) and Lesotho (X units) represented the main exporter of automatic circuit breakers in Africa, constituting X% of total export. Egypt (X units) followed a long way behind the leaders.

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

In value terms, the largest circuit breaker supplying countries in Africa were South Africa ($X), Tunisia ($X) and Lesotho ($X), together comprising X% of total exports.

Among the main exporting countries, Tunisia, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Africa stood at $X per unit in 2022, with a decrease of X% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the export price increased by X%. The level of export peaked at $X per unit in 2021, and then declined in the following year.

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 Egypt ($X per unit), while Morocco ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Morocco (X%), while the other leaders experienced more modest paces of growth.

Circuit Breaker Imports

Imports in Africa

In 2022, approx. X units of automatic circuit breakers were imported in Africa; picking up by X% on the previous year's figure. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, imports reached the peak figure at X units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, circuit breaker imports rose to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The level of import peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

The countries with the highest levels of circuit breaker imports in 2022 were South Africa (X units), Morocco (X units), Egypt (X units), Algeria (X units), Mozambique (X units), Nigeria (X units), Angola (X units), Libya (X units), Cote d'Ivoire (X units), Kenya (X units), Ethiopia (X units) and Cameroon (X units), together finishing at X% of total import. Tanzania (X units) took a little share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Cote d'Ivoire (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Egypt ($X), South Africa ($X) and Morocco ($X) constituted the countries with the highest levels of imports in 2022, together accounting for X% of total imports. Algeria, Nigeria, Cote d'Ivoire, Libya, Mozambique, Cameroon, Ethiopia, Kenya, Angola and Tanzania lagged somewhat behind, together comprising a further X%.

Cameroon, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main importing countries 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, reducing by X% against the previous year. Over the period under review, the import price continues to indicate a pronounced reduction. The pace of growth was the most pronounced in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices reached the maximum at $X per unit in 2012; however, from 2013 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 Egypt ($X per unit), while Angola ($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 more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :