Africa: Pump For Liquid Market 2024

Pump For Liquid Market Size in Africa

The African pump for liquid market skyrocketed to $X in 2022, increasing by X% against the previous year. Overall, consumption posted a prominent increase. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Pump For Liquid Production in Africa

In value terms, pump for liquid production surged to $X in 2022 estimated in export price. Overall, production showed a buoyant increase. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Pump For Liquid Exports

Exports in Africa

In 2022, the amount of pumps for liquids and liquid elevators exported in Africa fell to X units, with a decrease of X% against 2021. Over the period under review, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X%. The volume of export peaked at X units in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, pump for liquid exports rose significantly to $X in 2022. Overall, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

South Africa prevails in exports structure, recording X units, which was approx. X% of total exports in 2022. It was distantly followed by Madagascar (X units), committing an X% share of total exports. Tunisia (X units), Mauritius (X units), Kenya (X units) and Zambia (X units) followed a long way behind the leaders.

Exports from South Africa decreased at an average annual rate of X% from 2012 to 2022. At the same time, Madagascar (X%), Mauritius (X%), Zambia (X%), Kenya (X%) and Tunisia (X%) displayed positive paces of growth. Moreover, Madagascar emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Madagascar and Mauritius increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest pump for liquid supplier in Africa, comprising X% of total exports. The second position in the ranking was held by Tunisia ($X), with a X% share of total exports. It was followed by Zambia, with a X% share.

In South Africa, pump for liquid exports remained relatively stable over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Tunisia (X% per year) and Zambia (X% per year).

Export Prices by Country

In 2022, the export price in Africa amounted to $X per unit, with an increase of X% against the previous year. In general, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the export price increased by X%. Over the period under review, the export prices reached the peak figure in 2022 and is likely to see steady 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 ($X per unit), while Madagascar ($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.

Pump For Liquid Imports

Imports in Africa

In 2022, imports of pumps for liquids and liquid elevators in Africa amounted to X units, picking up by X% on the year before. Over the period under review, imports saw a buoyant expansion. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, pump for liquid imports rose to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

South Africa (X units) and Egypt (X units) represented roughly X% of total imports in 2022. Algeria (X units) held the next position in the ranking, followed by Libya (X units) and Morocco (X units). All these countries together took approx. X% share of total imports. The following importers - Nigeria (X units), Sudan (X units), Mozambique (X units), Ghana (X units), Tunisia (X units) and Kenya (X units) - together made up X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Sudan (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

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

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

The import price in Africa stood at $X per unit in 2022, dropping by X% against the previous year. Over the period under review, the import price saw a abrupt decline. The pace of growth was the most pronounced in 2021 an increase of X%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Nigeria ($X per unit), while South Africa ($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 a decline in the import price figures.

Source: IndexBox Platform

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