Africa: Domestic Toaster Market 2024

Domestic Toaster Market Size in Africa

The African domestic toaster market soared to $X in 2022, rising by X% against the previous year. Over the period under review, consumption, however, saw resilient growth. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market remained at a lower figure.

Domestic Toaster Production in Africa

In value terms, domestic toaster production rose to $X in 2022 estimated in export price. Overall, production recorded a prominent increase. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Domestic Toaster Exports

Exports in Africa

In 2022, approx. X units of domestic electric toasters were exported in Africa; increasing by X% on the year before. In general, exports, however, recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, the exports attained the peak of X units. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, domestic toaster exports skyrocketed to $X in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

South Africa prevails in exports structure, resulting at X units, which was approx. X% of total exports in 2022. Egypt (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to domestic toaster exports from South Africa stood at X%. At the same time, Egypt (X%) displayed positive paces of growth. Moreover, Egypt emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. While the share of South Africa (X p.p.) and Egypt (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest domestic toaster supplier in Africa, comprising X% of total exports. The second position in the ranking was held by Egypt ($X), with a X% share of total exports.

In South Africa, domestic toaster exports remained relatively stable over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Africa amounted to $X per unit, growing by X% against the previous year. Export price indicated measured growth from 2012 to 2022: its price 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, domestic toaster export price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2018 when the export price increased by X%. Over the period under review, the export prices hit record highs in 2022 and is likely to continue growth in years to come.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was South Africa ($X per unit), while Egypt totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%).

Domestic Toaster Imports

Imports in Africa

In 2022, the amount of domestic electric toasters imported in Africa shrank markedly to X units, with a decrease of X% compared with the previous year. Over the period under review, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of X%. Over the period under review, imports attained the maximum at X units in 2021, and then fell remarkably in the following year.

In value terms, domestic toaster imports shrank sharply to $X in 2022. Total imports indicated a moderate increase 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, imports increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then reduced sharply in the following year.

Imports by Country

South Africa represented the major importing country with an import of around X units, which accounted for X% of total imports. Libya (X units) ranks second in terms of the total imports with a X% share, followed by Algeria (X%), Ghana (X%) and Kenya (X%). Tunisia (X units), Morocco (X units), Nigeria (X units) and Angola (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to domestic toaster imports into South Africa stood at X%. At the same time, Libya (X%), Ghana (X%), Algeria (X%), Kenya (X%) and Tunisia (X%) displayed positive paces of growth. Moreover, Libya emerged as the fastest-growing importer imported in Africa, with a CAGR of X% from 2012-2022. By contrast, Nigeria (X%), Morocco (X%) and Angola (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Libya, Algeria, Ghana and Kenya 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 ($X) constitutes the largest market for imported domestic electric toasters in Africa, comprising X% of total imports. The second position in the ranking was taken by Libya ($X), with a X% share of total imports. It was followed by Algeria, with a X% share.

In South Africa, domestic toaster imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Libya (X% per year) and Algeria (X% per year).

Import Prices by Country

The import price in Africa stood at $X per unit in 2022, therefore, remained relatively stable against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2018 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2019 to 2022, the import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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