Africa: Market for Machines For The Manufacture Of Flat Panel Displays 2024

Market Size for Machines For The Manufacture Of Flat Panel Displays in Africa

In 2023, the African panel display manufacturing machine market decreased by X% to $X for the first time since 2019, thus ending a three-year rising trend. Over the period under review, consumption saw significant growth. The level of consumption peaked at $X in 2022, and then fell remarkably in the following year.

Production of Machines For The Manufacture Of Flat Panel Displays in Africa

In value terms, panel display manufacturing machine production reduced to $X in 2023 estimated in export price. In general, production saw a prominent expansion. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. The level of production peaked at $X in 2015; however, from 2016 to 2023, production failed to regain momentum.

Exports of Machines For The Manufacture Of Flat Panel Displays

Exports in Africa

Panel display manufacturing machine exports fell markedly to X units in 2023, which is down by X% against the year before. Overall, exports recorded a perceptible setback. The pace of growth appeared the most rapid in 2021 with an increase of X%. The volume of export peaked at X units in 2018; however, from 2019 to 2023, the exports stood at a somewhat lower figure.

In value terms, panel display manufacturing machine exports fell sharply to $X in 2023. Over the period under review, exports saw a precipitous slump. The growth pace was the most rapid in 2021 when exports increased by X%. The level of export peaked at $X in 2015; however, from 2016 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

South Africa was the main exporter of machines for the manufacture of flat panel displays in Africa, with the volume of exports resulting at X units, which was near X% of total exports in 2023. Namibia (X units) held the second position in the ranking, followed by Tunisia (X units). All these countries together took approx. X% share of total exports.

South Africa experienced a relatively flat trend pattern with regard to volume of exports of machines for the manufacture of flat panel displays. Tunisia (X%) and Namibia (X%) illustrated a downward trend over the same period. South Africa (X p.p.) and Namibia (X p.p.) significantly strengthened its position in terms of the total exports, while Tunisia saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, Tunisia ($X), South Africa ($X) and Namibia ($X) were the countries with the highest levels of exports in 2023, with a combined X% share of total exports.

Tunisia, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The export price in Africa stood at $X per unit in 2023, declining by X% against the previous year. Over the period under review, the export price showed a precipitous slump. The pace of growth was the most pronounced in 2019 an increase of X%. The level of export peaked at $X per unit in 2012; however, from 2013 to 2023, the export prices remained at a lower figure.

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

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

Imports of Machines For The Manufacture Of Flat Panel Displays

Imports in Africa

In 2023, purchases abroad of machines for the manufacture of flat panel displays was finally on the rise to reach X units after two years of decline. Overall, imports enjoyed a measured increase. The growth pace was the most rapid in 2013 with an increase of X%. As a result, imports attained the peak of X units. From 2014 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, panel display manufacturing machine imports shrank notably to $X in 2023. Over the period under review, imports saw a significant expansion. The growth pace was the most rapid in 2022 with an increase of X%. As a result, imports reached the peak of $X, and then dropped remarkably in the following year.

Imports by Country

Ghana dominates imports structure, reaching X units, which was near X% of total imports in 2023. It was distantly followed by South Africa (X units), creating a X% share of total imports. Ethiopia (X units) and Seychelles (X units) followed a long way behind the leaders.

Ghana was also the fastest-growing in terms of the machines for the manufacture of flat panel displays imports, with a CAGR of X% from 2012 to 2023. At the same time, Ethiopia (X%) and Seychelles (X%) displayed positive paces of growth. By contrast, South Africa (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Ghana, Ethiopia and Seychelles increased by X, X and X percentage points, respectively.

In value terms, the largest panel display manufacturing machine importing markets in Africa were Ghana ($X), Ethiopia ($X) and South Africa ($X), together accounting for X% of total imports.

Among the main importing countries, Ghana, 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

The import price in Africa stood at $X per unit in 2023, dropping by X% against the previous year. In general, the import price, however, showed significant growth. The most prominent rate of growth was recorded in 2022 an increase of X% against the previous year. As a result, import price reached the peak level of $X per unit, and then reduced markedly in the following year.

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 Ethiopia ($X per unit), while Ghana ($X per unit) was amongst the lowest.

From 2012 to 2023, 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