Africa: Electric Lamp Market 2024

Electric Lamp Market Size in Africa

The African electric lamp market rose significantly to $X in 2022, with an increase of X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the near future.

Electric Lamp Production in Africa

In value terms, electric lamp production rose modestly to $X in 2022 estimated in export price. The total production indicated prominent growth 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 decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, production attained the peak level at $X in 2020; afterwards, it flattened through to 2022.

Electric Lamp Exports

Exports in Africa

In 2022, shipments abroad of electric lamps was finally on the rise to reach X units after three years of decline. Over the period under review, exports, however, saw a drastic downturn. The growth pace was the most rapid in 2018 when exports increased by X%. Over the period under review, the exports reached the maximum at X units in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, electric lamp exports contracted slightly to $X in 2022. In general, exports, however, showed a abrupt curtailment. The growth pace was the most rapid in 2021 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

In 2022, South Africa (X units) was the key exporter of electric lamps, comprising X% of total exports. It was distantly followed by Morocco (X units), constituting a X% share of total exports. The following exporters - Ghana (X units), Tunisia (X units) and Rwanda (X units) - together made up X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Rwanda (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

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

In South Africa, electric lamp exports declined by an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Morocco (X% per year) and Tunisia (X% per year).

Export Prices by Country

The export price in Africa stood at $X per unit in 2022, waning by X% against the previous year. Over the period under review, the export price showed a slight setback. The most prominent rate of growth was recorded in 2021 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per unit, and then dropped rapidly in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was South Africa ($X per unit), while Rwanda ($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 a decline in the export price figures.

Electric Lamp Imports

Imports in Africa

In 2022, the amount of electric lamps imported in Africa dropped slightly to X units, which is down by X% compared with the previous year's figure. Overall, imports continue to indicate a noticeable downturn. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, electric lamp imports dropped to $X in 2022. In general, imports continue to indicate a noticeable downturn. The pace of growth was the most pronounced in 2019 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

The purchases of the seven major importers of electric lamps, namely Angola, South Africa, Congo, Algeria, Morocco, Nigeria and Libya, represented more than half of total import. Ghana (X units), Ethiopia (X units), Cote d'Ivoire (X units), Djibouti (X units), Tunisia (X units) and Cameroon (X units) held a minor share of total imports.

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

In value terms, South Africa ($X), Morocco ($X) and Algeria ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Libya, Nigeria, Angola, Ghana, Ethiopia, Djibouti, Tunisia, Cameroon, Congo and Cote d'Ivoire lagged somewhat behind, together accounting for a further X%.

Ethiopia, 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, dropping by X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the import price increased by X%. Over the period under review, import prices hit record highs at $X per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

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 South Africa ($X per unit), while Congo ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :