Africa: Civil Reaction Engine Market 2024

Civil Reaction Engine Market Size in Africa

For the third consecutive year, the African civil reaction engine market recorded decline in sales value, which decreased by X% to $X in 2023. Over the period under review, consumption showed a pronounced slump. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2023, consumption failed to regain momentum.

Civil Reaction Engine Production in Africa

In value terms, civil reaction engine production reached $X in 2023 estimated in export price. Overall, production, however, saw a abrupt shrinkage. The pace of growth was the most pronounced in 2018 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2023, production failed to regain momentum.

Civil Reaction Engine Exports

Exports in Africa

In 2023, shipments abroad of civil reaction engines was finally on the rise to reach X units for the first time since 2019, thus ending a three-year declining trend. Over the period under review, exports, however, showed a dramatic slump. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units. From 2014 to 2023, the growth of the exports failed to regain momentum.

In value terms, civil reaction engine exports rose notably to $X in 2023. Overall, exports, however, recorded a dramatic decrease. The pace of growth was the most pronounced in 2015 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

In 2023, South Africa (X units) represented the main exporter of civil reaction engines, mixing up X% of total exports. Rwanda (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Malawi (X%). Ghana (X units) and Nigeria (X units) took a little share of total exports.

Exports from South Africa decreased at an average annual rate of X% from 2012 to 2023. At the same time, Rwanda (X%), Nigeria (X%) and Malawi (X%) displayed positive paces of growth. Moreover, Rwanda emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2023. By contrast, Ghana (X%) illustrated a downward trend over the same period. While the share of South Africa (X p.p.), Rwanda (X p.p.), Malawi (X p.p.), Ghana (X p.p.) and Nigeria (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest civil reaction engine supplier in Africa, comprising X% of total exports. The second position in the ranking was taken by Ghana ($X), with a X% share of total exports. It was followed by Malawi, with a X% share.

From 2012 to 2023, the average annual growth rate of value in South Africa amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Ghana (X% per year) and Malawi (X% per year).

Export Prices by Country

In 2023, the export price in Africa amounted to $X per unit, shrinking by X% against the previous year. In general, the export price showed a abrupt curtailment. The most prominent rate of growth was recorded in 2014 an increase of X%. The level of export peaked at $X per unit in 2012; however, from 2013 to 2023, the export prices remained at a 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 Ghana ($X per unit), while Rwanda ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Ghana (X%), while the other leaders experienced more modest paces of growth.

Civil Reaction Engine Imports

Imports in Africa

Civil reaction engine imports reduced rapidly to X units in 2023, waning by X% against the previous year's figure. In general, imports saw a deep contraction. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, imports reached the maximum at X units in 2015; however, from 2016 to 2023, imports remained at a lower figure.

In value terms, civil reaction engine imports shrank notably to $X in 2023. Over the period under review, imports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2023, imports failed to regain momentum.

Imports by Country

The countries with the highest levels of civil reaction engine imports in 2023 were South Africa (X units), Kenya (X units) and Ethiopia (X units), together reaching X% of total import. Algeria (X units) ranks next in terms of the total imports with a X% share, followed by Tanzania (X%), Madagascar (X%) and Mauritius (X%).

From 2012 to 2023, the biggest increases were recorded for Madagascar (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest civil reaction engine importing markets in Africa were Kenya ($X), Algeria ($X) and South Africa ($X), with a combined X% share of total imports. Ethiopia, Tanzania, Madagascar and Mauritius lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Madagascar, with a CAGR of X%, recorded the highest rates of growth with regard to 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 2023, falling by X% against the previous year. In general, the import price showed a abrupt descent. The pace of growth was the most pronounced in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2015; however, from 2016 to 2023, 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 Madagascar ($X per unit), while Mauritius ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform