Africa: Sugar-Manufacturing Industrial Machinery Market 2024

Sugar-Manufacturing Industrial Machinery Market Size in Africa

In 2023, the African sugar-manufacturing industrial machinery market increased by X% to $X for the first time since 2018, thus ending a four-year declining trend. Over the period under review, consumption, however, recorded a abrupt curtailment. As a result, consumption attained the peak level of $X. From 2019 to 2023, the growth of the market remained at a somewhat lower figure.

Sugar-Manufacturing Industrial Machinery Production in Africa

In value terms, sugar-manufacturing industrial machinery production declined modestly to $X in 2023 estimated in export price. Over the period under review, production showed a pronounced curtailment. The pace of growth appeared the most rapid in 2018 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2023, production growth remained at a somewhat lower figure.

Sugar-Manufacturing Industrial Machinery Exports

Exports in Africa

In 2023, approx. X units of industrial machinery for the manufacture or preparation of sugar were exported in Africa; with an increase of X% compared with the year before. In general, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units. From 2022 to 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, sugar-manufacturing industrial machinery exports fell markedly to $X in 2023. Overall, exports, however, saw a abrupt contraction. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2023, the growth of the exports remained at a lower figure.

Exports by Country

Malawi represented the main exporter of industrial machinery for the manufacture or preparation of sugar in Africa, with the volume of exports finishing at X units, which was near X% of total exports in 2023. It was distantly followed by Mauritius (X units), Kenya (X units), South Africa (X units) and Uganda (X units), together comprising a X% share of total exports. The following exporters - Nigeria (X units) and Burundi (X units) - together made up X% of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Mauritius (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Malawi ($X), South Africa ($X) and Mauritius ($X) were the countries with the highest levels of exports in 2023, together accounting for X% of total exports.

Mauritius, 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 mixed trends in the exports figures.

Export Prices by Country

In 2023, the export price in Africa amounted to $X per unit, reducing by X% against the previous year. Over the period under review, the export price showed a drastic downturn. The most prominent rate of growth was recorded in 2018 when the export price increased by X%. As a result, the export price reached the peak level of $X per unit. From 2019 to 2023, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was South Africa ($X per unit), while Burundi ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Nigeria (X%), while the other leaders experienced a decline in the export price figures.

Sugar-Manufacturing Industrial Machinery Imports

Imports in Africa

Sugar-manufacturing industrial machinery imports surged to X units in 2023, rising by X% compared with 2022 figures. Overall, imports, however, showed a noticeable shrinkage. The pace of growth appeared the most rapid in 2019 with an increase of X%. The volume of import peaked at X units in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

In value terms, sugar-manufacturing industrial machinery imports soared to $X in 2023. In general, imports, however, continue to indicate a abrupt setback. The level of import peaked at $X in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, Tanzania (X units) represented the largest importer of industrial machinery for the manufacture or preparation of sugar, comprising X% of total imports. Uganda (X units) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Nigeria (X%). Zimbabwe (X units), Mozambique (X units) and Kenya (X units) followed a long way behind the leaders.

Tanzania was also the fastest-growing in terms of the industrial machinery for the manufacture or preparation of sugar imports, with a CAGR of X% from 2012 to 2023. At the same time, Zimbabwe (X%) and Mozambique (X%) displayed positive paces of growth. Kenya and Uganda experienced a relatively flat trend pattern. By contrast, Nigeria (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Tanzania, Uganda, Zimbabwe and Mozambique increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest sugar-manufacturing industrial machinery importing markets in Africa were Tanzania ($X), Nigeria ($X) and Uganda ($X), with a combined X% share of total imports.

Tanzania, 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 more modest paces of growth.

Import Prices by Country

In 2023, the import price in Africa amounted to $X per unit, waning by X% against the previous year. In general, the import price showed a noticeable decline. The most prominent rate of growth was recorded in 2016 when the import price increased by X% against the previous year. Over the period under review, import prices reached the peak figure at $X per unit in 2017; however, from 2018 to 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Kenya ($X per unit), while Mozambique ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Zimbabwe (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform