Africa: Pumps For Liquids Market 2024

Pumps For Liquids Market Size in Africa

The African pumps for liquids market soared to $X in 2022, growing by X% against the previous year. The total consumption indicated a strong 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, consumption increased by X% against 2020 indices. The level of consumption peaked in 2022 and is expected to retain growth in years to come.

Pumps For Liquids Production in Africa

In value terms, pumps for liquids production fell modestly to $X in 2022 estimated in export price. In general, production, however, posted a prominent increase. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

Pumps For Liquids Exports

Exports in Africa

In 2022, approx. X units of pumps for liquids were exported in Africa; waning by X% against the previous year. In general, exports recorded a mild curtailment. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of X units, and then dropped markedly in the following year.

In value terms, pumps for liquids exports rose significantly to $X in 2022. Over the period under review, exports, however, posted buoyant growth. The pace of growth was the most pronounced in 2017 when exports increased by X%. The level of export peaked in 2022 and is expected to retain growth in the near future.

Exports by Country

South Africa dominates exports structure, amounting to X units, which was near X% of total exports in 2022. Kenya (X units) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Tunisia (X%).

From 2012 to 2022, average annual rates of growth with regard to pumps for liquids exports from South Africa stood at X%. At the same time, Tunisia (X%) and Kenya (X%) displayed positive paces of growth. Moreover, Tunisia emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. While the share of Tunisia (X p.p.) and Kenya (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of South Africa (X p.p.) displayed negative dynamics.

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

In South Africa, pumps for liquids exports 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: Tunisia (X% per year) and Kenya (X% per year).

Export Prices by Country

In 2022, the export price in Africa amounted to $X per unit, surging by X% against the previous year. Export price indicated a prominent increase 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. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

Pumps For Liquids Imports

Imports in Africa

After two years of growth, overseas purchases of pumps for liquids decreased by X% to X units in 2022. Total imports indicated strong growth 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, imports increased by X% against 2018 indices. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. The volume of import peaked at X units in 2021, and then contracted in the following year.

In value terms, pumps for liquids imports dropped modestly to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. The level of import peaked at $X in 2021, and then dropped in the following year.

Imports by Country

Egypt was the major importing country with an import of around X units, which finished at X% of total imports. South Africa (X units) ranks second in terms of the total imports with an X% share, followed by Algeria (X%), Libya (X%) and Nigeria (X%). Sudan (X units), Morocco (X units), Guinea (X units), Ghana (X units), Mozambique (X units), Kenya (X units), Tunisia (X units) and Tanzania (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to pumps for liquids imports into Egypt stood at X%. At the same time, Guinea (X%), Sudan (X%), Ghana (X%), Kenya (X%), Tanzania (X%), Mozambique (X%), Nigeria (X%), Tunisia (X%), Algeria (X%), South Africa (X%) and Morocco (X%) displayed positive paces of growth. Moreover, Guinea emerged as the fastest-growing importer imported in Africa, with a CAGR of X% from 2012-2022. By contrast, Libya (X%) illustrated a downward trend over the same period. Egypt (X p.p.), Guinea (X p.p.), Sudan (X p.p.) and Ghana (X p.p.) significantly strengthened its position in terms of the total imports, while Morocco, Algeria, Libya and South Africa saw its share reduced by X%, X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Egypt ($X), Algeria ($X) and South Africa ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Morocco, Nigeria, Libya, Ghana, Kenya, Tunisia, Sudan, Tanzania, Mozambique and Guinea lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Ghana, with a CAGR of X%, saw 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

The import price in Africa stood at $X per unit in 2022, surging by X% against the previous year. Overall, the import price, however, recorded a drastic downturn. The pace of growth appeared the most rapid in 2019 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2012; however, from 2013 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 Morocco ($X per unit), while Guinea ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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