Africa: Market for Self-Propelled Fork-Lift Trucks with Non-Electric Motor 2024

Market Size for Self-Propelled Fork-Lift Trucks with Non-Electric Motor in Africa

The African self-propelled non-electric fork-lift truck market dropped rapidly to $X in 2022, which is down by X% against the previous year. In general, consumption, however, saw a noticeable slump. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Self-Propelled Fork-Lift Trucks with Non-Electric Motor in Africa

In value terms, self-propelled non-electric fork-lift truck production declined to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 with an increase of X%. As a result, production attained the peak level of $X. From 2016 to 2022, production growth failed to regain momentum.

Exports of Self-Propelled Fork-Lift Trucks with Non-Electric Motor

Exports in Africa

In 2022, overseas shipments of self-propelled fork-lift trucks with non-electric motor increased by X% to X units, rising for the second year in a row after two years of decline. In general, exports, however, showed a mild descent. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. The volume of export peaked at X units in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, self-propelled non-electric fork-lift truck exports rose modestly to $X in 2022. Overall, exports, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

South Africa dominates exports structure, amounting to X units, which was near X% of total exports in 2022. Namibia (X units) took a little share of total exports.

South Africa experienced a relatively flat trend pattern with regard to volume of exports of self-propelled fork-lift trucks with non-electric motor. Namibia (X%) illustrated a downward trend over the same period. South Africa (X p.p.) significantly strengthened its position in terms of the total exports, while Namibia saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, South Africa ($X) remains the largest self-propelled non-electric fork-lift truck supplier in Africa, comprising X% of total exports. The second position in the ranking was taken by Namibia ($X), with a X% share of total exports.

In South Africa, self-propelled non-electric fork-lift truck exports contracted by an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in Africa stood at $X per unit in 2022, reducing by X% against the previous year. Overall, the export price saw a abrupt curtailment. The pace of growth appeared the most rapid in 2016 an increase of X% against the previous year. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Namibia ($X per unit), while South Africa totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Namibia (X%).

Imports of Self-Propelled Fork-Lift Trucks with Non-Electric Motor

Imports in Africa

In 2022, after two years of decline, there was significant growth in purchases abroad of self-propelled fork-lift trucks with non-electric motor, when their volume increased by X% to X units. Over the period under review, imports, however, continue to indicate a deep slump. Over the period under review, imports attained the peak figure at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, self-propelled non-electric fork-lift truck imports skyrocketed to $X in 2022. Overall, imports, however, continue to indicate a perceptible decline. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, South Africa (X units) represented the largest importer of self-propelled fork-lift trucks with non-electric motor, committing X% of total imports. Algeria (X units) ranks second in terms of the total imports with a X% share, followed by Morocco (X%), Nigeria (X%) and Tunisia (X%). The following importers - Cote d'Ivoire (X units), Egypt (X units), Ghana (X units), Kenya (X units), Democratic Republic of the Congo (X units), Libya (X units) and Angola (X units) - together made up X% of total imports.

Imports into South Africa decreased at an average annual rate of X% from 2012 to 2022. At the same time, Morocco (X%), Democratic Republic of the Congo (X%), Nigeria (X%), Ghana (X%), Cote d'Ivoire (X%), Kenya (X%) and Tunisia (X%) displayed positive paces of growth. Moreover, Morocco emerged as the fastest-growing importer imported in Africa, with a CAGR of X% from 2012-2022. By contrast, Egypt (X%), Algeria (X%), Libya (X%) and Angola (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Morocco, Nigeria, Algeria, Tunisia, Cote d'Ivoire, Ghana, Democratic Republic of the Congo, Kenya and Egypt increased by X, X, X, X, X, X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported self-propelled fork-lift trucks with non-electric motor in Africa, comprising X% of total imports. The second position in the ranking was held by Nigeria ($X), with a X% share of total imports. It was followed by Algeria, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa totaled X%. In the other countries, the average annual rates were as follows: Nigeria (X% per year) and Algeria (X% per year).

Import Prices by Country

In 2022, the import price in Africa amounted to $X per unit, with an increase of X% against the previous year. Import price indicated a remarkable increase from 2012 to 2022: its price 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, self-propelled non-electric fork-lift truck import price increased by X% against 2020 indices. The growth pace was the most rapid in 2013 when the import price increased by X%. Over the period under review, import prices attained the peak figure at $X per unit in 2018; however, from 2019 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 Nigeria ($X per unit), while Libya ($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 more modest paces of growth.

Source: IndexBox Platform

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