Africa: Electrical Circuit Apparatus Market 2024

Electrical Circuit Apparatus Market Size in Africa

The African electrical circuit apparatus market rose significantly to $X in 2021, surging by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Electrical Circuit Apparatus Production in Africa

In value terms, electrical circuit apparatus production surged to $X in 2021 estimated in export price. The total production indicated a pronounced expansion from 2012 to 2021: its value increased at an average annual rate of X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by X% against 2019 indices. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Electrical Circuit Apparatus Exports

Exports in Africa

In 2021, the amount of electrical apparatus for circuit connection, switching and protection exported in Africa surged to X units, picking up by X% against the previous year. The total export volume increased at an average annual rate of X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, electrical circuit apparatus exports surged to $X in 2021. The total export value increased at an average annual rate of X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, Morocco (X units) and Tunisia (X units) were the main exporters of electrical apparatus for circuit connection, switching and protection in Africa, together constituting X% of total exports. It was distantly followed by South Africa (X units), Egypt (X units) and Lesotho (X units), together comprising a X% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Morocco (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Morocco ($X), Tunisia ($X) and South Africa ($X) were the countries with the highest levels of exports in 2021, together accounting for X% of total exports.

Morocco, with a CAGR of X%, saw the highest growth rate of the value of exports, among 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

The export price in Africa stood at $X per unit in 2021, growing by X% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of X%. Over the period under review, the export prices attained the maximum at $X per unit in 2014; however, from 2015 to 2021, 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 Egypt ($X per unit), while South Africa ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Egypt (X%), while the other leaders experienced mixed trends in the export price figures.

Electrical Circuit Apparatus Imports

Imports in Africa

In 2021, approx. X units of electrical apparatus for circuit connection, switching and protection were imported in Africa; rising by X% on 2020. The total import volume increased at an average annual rate of X% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, electrical circuit apparatus imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of X% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The purchases of the twelve major importers of electrical apparatus for circuit connection, switching and protection, namely Nigeria, Morocco, South Africa, Tunisia, Egypt, Algeria, Kenya, Ghana, Ethiopia, Tanzania, Cote d'Ivoire and Angola, represented more than two-thirds of total import.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Ethiopia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest electrical circuit apparatus importing markets in Africa were Morocco ($X), Tunisia ($X) and South Africa ($X), with a combined X% share of total imports.

Among the main importing countries, Morocco, with a CAGR of X%, recorded 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 2021, the import price in Africa amounted to $X per unit, remaining constant against the previous year. Over the period under review, the import price, however, recorded a noticeable reduction. The pace of growth was the most pronounced in 2018 when the import price increased by X%. Over the period under review, import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2021, 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 Tunisia ($X per unit), while Tanzania ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Tunisia (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :