Africa: Hay-Making Machinery Market 2024

Hay-Making Machinery Market Size in Africa

The African hay-making machinery market totaled $X in 2022, flattening at the previous year. The total consumption indicated a pronounced 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 decreased by X% against 2020 indices. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Hay-Making Machinery Production in Africa

In value terms, hay-making machinery production totaled $X in 2022 estimated in export price. The total production indicated a buoyant expansion 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, production decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. The level of production peaked at $X in 2020; afterwards, it flattened through to 2022.

Hay-Making Machinery Exports

Exports in Africa

In 2022, the amount of hay-making machinery exported in Africa rose rapidly to X units, with an increase of X% compared with the previous year. Overall, exports showed resilient growth. The pace of growth appeared the most rapid in 2013 with an increase of X%. As a result, the exports reached the peak of X units. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, hay-making machinery exports surged to $X in 2022. In general, exports showed a prominent increase. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

South Africa dominates exports structure, resulting at X units, which was approx. X% of total exports in 2022. It was distantly followed by Swaziland (X units), making up a X% share of total exports. Kenya (X units) held a little share of total exports.

South Africa was also the fastest-growing in terms of the hay-making machinery exports, with a CAGR of X% from 2012 to 2022. Kenya experienced a relatively flat trend pattern. Swaziland (X%) illustrated a downward trend over the same period. While the share of South Africa (X p.p.) and Swaziland (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Kenya (X p.p.) displayed negative dynamics.

In value terms, South Africa ($X) remains the largest hay-making machinery supplier in Africa, comprising X% of total exports. The second position in the ranking was taken by Swaziland ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in South Africa stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Swaziland (X% per year) and Kenya (X% per year).

Export Prices by Country

The export price in Africa stood at $X per unit in 2022, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2014 an increase of X%. Over the period under review, the export prices reached the maximum in 2022 and is expected to retain growth in years to come.

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 Swaziland (X%), while the other leaders experienced a decline in the export price figures.

Hay-Making Machinery Imports

Imports in Africa

In 2022, supplies from abroad of hay-making machinery was finally on the rise to reach X units for the first time since 2017, thus ending a four-year declining trend. Total imports indicated a prominent expansion 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. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, hay-making machinery imports reduced to $X in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Angola was the main importer of hay-making machinery in Africa, with the volume of imports resulting at X units, which was approx. X% of total imports in 2022. South Africa (X units) took the second position in the ranking, followed by Burkina Faso (X units), Morocco (X units) and Sudan (X units). All these countries together held approx. X% share of total imports. The following importers - Tunisia (X units), Zimbabwe (X units) and Algeria (X units) - each resulted at an X% share of total imports.

Imports into Angola increased at an average annual rate of X% from 2012 to 2022. At the same time, Burkina Faso (X%), Zimbabwe (X%), South Africa (X%) and Algeria (X%) displayed positive paces of growth. Moreover, Burkina Faso emerged as the fastest-growing importer imported in Africa, with a CAGR of X% from 2012-2022. Tunisia and Sudan experienced a relatively flat trend pattern. By contrast, Morocco (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Angola and Burkina Faso 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 ($X) constitutes the largest market for imported hay-making machinery in Africa, comprising X% of total imports. The second position in the ranking was taken by Sudan ($X), with a X% share of total imports. It was followed by Angola, with a X% share.

In South Africa, hay-making machinery imports 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: Sudan (X% per year) and Angola (X% per year).

Import Prices by Country

The import price in Africa stood at $X per unit in 2022, shrinking by X% against the previous year. Over the period under review, the import price showed a deep setback. The pace of growth appeared the most rapid in 2020 an increase of X%. Over the period under review, import prices attained the peak figure at $X per unit in 2014; however, from 2015 to 2022, 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 South Africa ($X per unit), while Burkina Faso ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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