Africa: Market for Transporter Cranes, Gantry Cranes And Bridge Cranes 2024

Market Size for Transporter Cranes, Gantry Cranes And Bridge Cranes in Africa

The African transporter and bridge cranes market rose remarkably to $X.3B in 2022, growing by X% against the previous year. Over the period under review, consumption showed moderate growth. Over the period under review, the market hit record highs in 2022 and is likely to see steady growth in the near future.

Production of Transporter Cranes, Gantry Cranes And Bridge Cranes in Africa

In value terms, transporter and bridge cranes production surged to $X.9B in 2022 estimated in export price. Overall, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X.8B. From 2021 to 2022, production growth failed to regain momentum.

Exports of Transporter Cranes, Gantry Cranes And Bridge Cranes

Exports in Africa

In 2022, after four years of decline, there was significant growth in shipments abroad of transporter cranes, gantry cranes and bridge cranes, when their volume increased by X% to X units. Over the period under review, exports recorded a pronounced expansion. The growth pace was the most rapid in 2015 when exports increased by X%. As a result, the exports reached the peak of X units. From 2016 to 2022, the growth of the exports failed to regain momentum.

In value terms, transporter and bridge cranes exports expanded to $X in 2022. In general, exports, however, saw a deep contraction. The growth pace was the most rapid in 2014 when exports increased by X%. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

South Africa dominates exports structure, amounting to X units, which was near X% of total exports in 2022. Rwanda (X units) took the second position in the ranking, followed by Botswana (X units). All these countries together took approx. X% share of total exports. Algeria (X units), Benin (X units), Swaziland (X units) and Tanzania (X units) followed a long way behind the leaders.

South Africa experienced a relatively flat trend pattern with regard to volume of exports of transporter cranes, gantry cranes and bridge cranes. At the same time, Rwanda (X%), Algeria (X%), Botswana (X%), Swaziland (X%) and Tanzania (X%) displayed positive paces of growth. Moreover, Rwanda emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. By contrast, Benin (X%) illustrated a downward trend over the same period. Rwanda (X p.p.), Benin (X p.p.), Algeria (X p.p.), Botswana (X p.p.) and Swaziland (X p.p.) significantly strengthened its position in terms of the total exports, while South Africa saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X), Swaziland ($X) and Rwanda ($X) appeared to be the countries with the highest levels of exports in 2022, together accounting for X% of total exports.

Rwanda, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Africa stood at $X per unit in 2022, falling by X% against the previous year. Overall, the export price continues to indicate a deep contraction. The pace of growth was the most pronounced in 2016 an increase of X%. Over the period under review, the export prices hit record highs at $X per unit in 2012; however, from 2013 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 ($X per unit), while Benin ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Benin (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Transporter Cranes, Gantry Cranes And Bridge Cranes

Imports in Africa

In 2022, approx. X units of transporter cranes, gantry cranes and bridge cranes were imported in Africa; picking up by X% against the year before. Overall, imports posted moderate growth. The volume of import peaked at X units in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, transporter and bridge cranes imports skyrocketed to $X in 2022. In general, imports posted a notable expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The purchases of the three major importers of transporter cranes, gantry cranes and bridge cranes, namely Somalia, Nigeria and Cote d'Ivoire, represented more than half of total import. Tanzania (X units) ranks next in terms of the total imports with a X% share, followed by Guinea (X%). Zimbabwe (X units), Kenya (X units), Ghana (X units), Algeria (X units), Egypt (X units), Mozambique (X units), Djibouti (X units) and Burkina Faso (X units) followed a long way behind the leaders.

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

In value terms, Nigeria ($X), Cote d'Ivoire ($X) and Tanzania ($X) constituted the countries with the highest levels of imports in 2022, together comprising X% of total imports.

Cote d'Ivoire, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among 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, growing by X% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2019 to 2022, the import prices remained at a 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 ($X per unit), while Mozambique ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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