Africa: Milking Machine Market 2024

Milking Machine Market Size in Africa

The African milking machine market amounted to $X in 2022, with an increase of X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Milking Machine Production in Africa

In value terms, milking machine production expanded to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Milking Machine Exports

Exports in Africa

In 2022, approx. X units of milking machines were exported in Africa; flattening at the year before. Over the period under review, exports, however, continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, milking machine exports reduced sharply to $X in 2022. Overall, exports, however, continue to indicate strong growth. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. The level of export peaked at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

South Africa dominates exports structure, reaching X units, which was near X% of total exports in 2022. It was distantly followed by Morocco (X units), comprising a X% share of total exports. Kenya (X units) followed a long way behind the leaders.

Exports from South Africa increased at an average annual rate of X% from 2012 to 2022. 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 2012-2022. By contrast, Kenya (X%) illustrated a downward trend over the same period. While the share of South Africa (X p.p.) and Morocco (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 ($X) remains the largest milking machine supplier in Africa, comprising X% of total exports. The second position in the ranking was taken by Morocco ($X), with a X% share of total exports.

In South Africa, milking machine 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: Morocco (X% per year) and Kenya (X% per year).

Export Prices by Country

The export price in Africa stood at $X per unit in 2022, declining by X% against the previous year. Over the period under review, the export price, however, continues to indicate a tangible increase. The pace of growth was the most pronounced in 2015 when the export price increased by X%. Over the period under review, the export prices attained the maximum at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

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.

Milking Machine Imports

Imports in Africa

In 2022, imports of milking machines in Africa reduced markedly to X units, dropping by X% against 2021 figures. Overall, imports recorded a deep contraction. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, milking machine imports shrank remarkably to $X in 2022. In general, imports showed a abrupt slump. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Tunisia (X units) and Morocco (X units) were the largest importers of milking machines in 2022, accounting for approx. X% and X% of total imports, respectively. It was distantly followed by South Africa (X units) and Kenya (X units), together mixing up a X% share of total imports. Algeria (X units) took a minor share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Kenya (with a CAGR of X%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest milking machine importing markets in Africa were South Africa ($X), Algeria ($X) and Tunisia ($X), together accounting for X% of total imports. Morocco and Kenya lagged somewhat behind, together accounting for a further X%.

Kenya, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

The import price in Africa stood at $X per unit in 2022, declining by X% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The level of import peaked at $X per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Algeria ($X per unit), while Tunisia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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