Africa: Market for Machinery for Filtering or Purifying Gases 2024

Market Size for Machinery for Filtering or Purifying Gases in Africa

The African market for machinery for filtering or purifying gases was estimated at $X in 2023, rising by X% against the previous year. Overall, consumption recorded significant growth. The level of consumption peaked at $X in 2021; afterwards, it flattened through to 2023.

Production of Machinery for Filtering or Purifying Gases in Africa

In value terms, production of machinery for filtering or purifying gases soared to $X in 2023 estimated in export price. Overall, production saw buoyant growth. The pace of growth was the most pronounced in 2017 when the production volume increased by X%. The level of production peaked at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.

Exports of Machinery for Filtering or Purifying Gases

Exports in Africa

In 2023, approx. X units of machinery for filtering or purifying gases were exported in Africa; falling by X% compared with the previous year. Overall, exports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. The volume of export peaked at X units in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

In value terms, exports of machinery for filtering or purifying gases shrank remarkably to $X in 2023. Over the period under review, exports faced a abrupt curtailment. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2022 to 2023, the growth of the exports of remained at a lower figure.

Exports by Country

South Africa prevails in gases structure, accounting for X units, which was near X% of total exports in 2023. Morocco (X units) followed a long way behind the leaders.

Exports from South Africa decreased at an average annual rate of X% from 2012 to 2023. At the same time, Morocco (X%) displayed positive paces of growth. Moreover, Morocco emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2023. From 2012 to 2023, the share of Morocco increased by X percentage points.

In value terms, South Africa ($X) remains the largest machinery for filtering or purifying gases supplier in Africa, comprising X% of total exports. The second position in the ranking was held by Morocco ($X), with a X% share of total exports.

In South Africa, exports of machinery for filtering or purifying gases plunged by an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

The export price in Africa stood at $X per unit in 2023, which is down by X% against the previous year. In general, the export price continues to indicate a perceptible contraction. The pace of growth appeared the most rapid in 2021 when the export price increased by X%. As a result, the export price reached the peak level of $X per unit. From 2022 to 2023, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Morocco ($X per unit), while South Africa amounted to $X per unit.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Morocco (X%).

Imports of Machinery for Filtering or Purifying Gases

Imports in Africa

In 2023, the amount of machinery for filtering or purifying gases imported in Africa fell remarkably to X units, waning by X% on the previous year's figure. Overall, imports, however, continue to indicate a buoyant increase. The pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. As a result, imports reached the peak of X units. From 2017 to 2023, the growth of imports of remained at a lower figure.

In value terms, imports of machinery for filtering or purifying gases fell to $X in 2023. The total import value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by X%. As a result, imports reached the peak of $X. From 2021 to 2023, the growth of imports of remained at a lower figure.

Imports by Country

South Africa dominates gases structure, resulting at X units, which was approx. X% of total imports in 2023. Liberia (X units) ranks second in terms of the total imports with a X% share, followed by Tanzania (X%). The following importers - Madagascar (X units), Nigeria (X units), Algeria (X units) and Egypt (X units) - together made up X% of total imports.

From 2012 to 2023, average annual rates of growth with regard to machinery for filtering or purifying gases imports into South Africa stood at X%. At the same time, Liberia (X%), Tanzania (X%), Madagascar (X%), Nigeria (X%) and Egypt (X%) displayed positive paces of growth. Moreover, Liberia emerged as the fastest-growing importer imported in Africa, with a CAGR of X% from 2012-2023. Algeria experienced a relatively flat trend pattern. From 2012 to 2023, the share of Liberia, Tanzania and Madagascar increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest machinery for filtering or purifying gases importing markets in Africa were South Africa ($X), Liberia ($X) and Egypt ($X), together comprising X% of total imports.

Liberia, 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 2023, 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, continues to indicate a pronounced contraction. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. The level of import peaked at $X per unit in 2014; however, from 2015 to 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Algeria ($X per unit), while Madagascar ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Algeria (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform