Africa: Non-Numerically Controlled Lathe Market 2024

Non-Numerically Controlled Lathe Market Size in Africa

The African non-numerically controlled lathe market fell slightly to $X in 2022, declining by X% against the previous year. The total consumption indicated pronounced growth 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 at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Non-Numerically Controlled Lathe Production in Africa

In value terms, non-numerically controlled lathe production shrank to $X in 2022 estimated in export price. In general, production, however, posted prominent growth. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

Non-Numerically Controlled Lathe Exports

Exports in Africa

In 2022, the amount of non-numerically controlled horizontal lathes, for removing metal exported in Africa dropped remarkably to X units, declining by X% compared with the previous year. Over the period under review, exports, however, showed resilient growth. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, non-numerically controlled lathe exports contracted significantly to $X in 2022. In general, exports recorded a mild slump. The pace of growth was the most pronounced in 2014 with an increase of 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

Angola represented the main exporter of non-numerically controlled horizontal lathes, for removing metal in Africa, with the volume of exports recording X units, which was near X% of total exports in 2022. South Africa (X units) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Morocco (X%), Kenya (X%) and Swaziland (X%). The following exporters - Namibia (X units) and Rwanda (X units) - each resulted at a X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Angola (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X) remains the largest non-numerically controlled lathe supplier in Africa, comprising X% of total exports. The second position in the ranking was taken by Swaziland ($X), with a X% share of total exports. It was followed by Kenya, with an X% share.

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

In 2022, the export price in Africa amounted to $X per unit, increasing by X% against the previous year. Over the period under review, the export price, however, saw a deep setback. The pace of growth was the most pronounced in 2018 an increase of X%. The level of export peaked at $X per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Swaziland ($X per unit), while Rwanda ($X per unit) was amongst the lowest.

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

Non-Numerically Controlled Lathe Imports

Imports in Africa

After two years of decline, overseas purchases of non-numerically controlled horizontal lathes, for removing metal increased by X% to X units in 2022. Over the period under review, imports, however, saw a slight decline. Over the period under review, non-numerically controlled laimports attained the peak figure at X units in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, non-numerically controlled lathe imports expanded rapidly to $X in 2022. In general, imports, however, saw a noticeable descent. The most prominent rate of growth was recorded in 2015 when imports increased by X%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

South Africa represented the main importing country with an import of about X units, which finished at X% of total imports. Egypt (X units) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Morocco (X%). Ghana (X units), Tunisia (X units), Democratic Republic of the Congo (X units), Algeria (X units), Sudan (X units), Ethiopia (X units), Botswana (X units), Zimbabwe (X units), Mauritius (X units) and Mozambique (X units) followed a long way behind the leaders.

South Africa experienced a relatively flat trend pattern with regard to volume of imports of non-numerically controlled horizontal lathes, for removing metal. At the same time, Democratic Republic of the Congo (X%), Botswana (X%), Zimbabwe (X%), Mauritius (X%), Ghana (X%), Sudan (X%) and Morocco (X%) displayed positive paces of growth. Moreover, Democratic Republic of the Congo emerged as the fastest-growing importer imported in Africa, with a CAGR of X% from 2012-2022. Mozambique experienced a relatively flat trend pattern. By contrast, Tunisia (X%), Egypt (X%), Algeria (X%) and Ethiopia (X%) illustrated a downward trend over the same period. South Africa (X p.p.), Democratic Republic of the Congo (X p.p.), Ghana (X p.p.), Botswana (X p.p.) and Morocco (X p.p.) significantly strengthened its position in terms of the total imports, while Tunisia, Algeria, Egypt and Ethiopia 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, South Africa ($X), Egypt ($X) and Algeria ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Ghana, Morocco, Ethiopia, Tunisia, Democratic Republic of the Congo, Zimbabwe, Sudan, Mauritius, Mozambique and Botswana lagged somewhat behind, together accounting for a further X%.

Democratic Republic of the Congo, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main importing countries 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. In general, the import price continues to indicate a perceptible decrease. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. The level of import peaked 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 Algeria ($X per unit), while Botswana ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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