Africa: Invalid Carriage Market 2024

Invalid Carriage Market Size in Africa

The African invalid carriage market amounted to $X in 2022, growing by X% against the previous year. In general, consumption, however, recorded a noticeable slump. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Invalid Carriage Production in Africa

In value terms, invalid carriage production fell modestly to $X in 2022 estimated in export price. Overall, production, however, recorded a mild decrease. The pace of growth appeared the most rapid in 2016 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

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Invalid Carriage Exports

Exports in Africa

In 2022, overseas shipments of invalid carriages not mechanically propelled increased by X% to X units for the first time since 2019, thus ending a two-year declining trend. Overall, exports continue to indicate a slight increase. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. As a result, the exports attained the peak of X units. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, invalid carriage exports surged to $X in 2022. Over the period under review, exports recorded a tangible expansion. The growth pace was the most rapid in 2016 when exports increased by X%. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

South Africa dominates exports structure, resulting at X units, which was near X% of total exports in 2022. Equatorial Guinea (X units) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Namibia (X%) and Seychelles (X%). Kenya (X units) and Congo (X units) took a relatively small share of total exports.

Exports from South Africa increased at an average annual rate of X% from 2012 to 2022. At the same time, Congo (X%) and Kenya (X%) displayed positive paces of growth. Moreover, Congo emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. Equatorial Guinea and Seychelles experienced a relatively flat trend pattern. By contrast, Namibia (X%) illustrated a downward trend over the same period. South Africa (X p.p.), Equatorial Guinea (X p.p.), Seychelles (X p.p.), Kenya (X p.p.) and Congo (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 ($X) remains the largest invalid carriage supplier in Africa, comprising X% of total exports. The second position in the ranking was taken by Kenya ($X), with a X% share of total exports. It was followed by Equatorial Guinea, with a X% share.

In South Africa, invalid carriage exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Kenya (X% per year) and Equatorial Guinea (X% per year).

Export Prices by Country

The export price in Africa stood at $X per unit in 2022, shrinking by X% against the previous year. In general, the export price, however, posted a modest increase. The pace of growth appeared the most rapid in 2018 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the peak figure at $X per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was South Africa ($X per unit), while Namibia ($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 mixed trends in the export price figures.

Invalid Carriage Imports

Imports in Africa

Invalid carriage imports skyrocketed to X units in 2022, increasing by X% compared with the previous year's figure. Over the period under review, imports, however, continue to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2019 when imports increased by X%. As a result, imports attained the peak of X units. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, invalid carriage imports surged to $X in 2022. Overall, imports, however, showed a noticeable contraction. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Libya (X units) and Nigeria (X units) represented the key importers of invalid carriages not mechanically propelled in Africa, together reaching approx. X% of total imports. It was distantly followed by Algeria (X units), South Africa (X units) and Morocco (X units), together comprising a X% share of total imports. The following importers - Kenya (X units), Egypt (X units), Cote d'Ivoire (X units), Tunisia (X units), Mauritius (X units), Ghana (X units), Tanzania (X units) and Sudan (X units) - together made up X% of total imports.

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

In value terms, Nigeria ($X), Egypt ($X) and Libya ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports. South Africa, Morocco, Algeria, Kenya, Tunisia, Sudan, Ghana, Tanzania, Mauritius and Cote d'Ivoire lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Cote d'Ivoire, with a CAGR of X%, recorded the highest growth rate of the value of imports, 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, falling by X% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the import price increased by X%. Over the period under review, import prices hit record highs at $X per unit in 2016; however, from 2017 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 Egypt ($X per unit), while Cote d'Ivoire ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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