Africa's Pneumatic or Hydraulic Hand Tools Market to Grow at +1.0% CAGR, Reaching 37M Units by 2035 - News and Statistics - IndexBox
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IndexBox has just published a new report: Africa - Tools For Working In The Hand, Pneumatic, Hydraulic Or With Self-Contained Non-Electric Motor - Market Analysis, Forecast, Size, Trends and Insights.
The African market for pneumatic or hydraulic hand tools is set to see sustained growth in the coming years, driven by rising demand. Despite a predicted slowdown in market performance, both volume and value are expected to increase, with a projected CAGR of +1.0% in volume and +1.7% in value from 2024 to 2035.
Driven by increasing demand for pneumatic or hydraulic hand tools in Africa, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +1.0% for the period from 2024 to 2035, which is projected to bring the market volume to 37M units by the end of 2035.
In value terms, the market is forecast to increase with an anticipated CAGR of +1.7% for the period from 2024 to 2035, which is projected to bring the market value to $7.5B (in nominal wholesale prices) by the end of 2035.
In 2024, consumption of pneumatic or hydraulic hand tools in Africa amounted to 33M units, approximately mirroring the previous year's figure. The total consumption indicated a measured increase from 2013 to 2024: its volume increased at an average annual rate of +3.8% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption decreased by -1.5% against 2022 indices. The volume of consumption peaked at 34M units in 2022; however, from 2023 to 2024, consumption failed to regain momentum.
The value of the market for pneumatic or hydraulic hand tools in Africa rose modestly to $6.2B in 2024, growing by 2.6% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The total consumption indicated a moderate expansion from 2013 to 2024: its value increased at an average annual rate of +2.5% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption decreased by -2.4% against 2022 indices. Over the period under review, the market reached the peak level at $6.4B in 2022; however, from 2023 to 2024, consumption remained at a lower figure.
The countries with the highest volumes of consumption in 2024 were Nigeria (3.6M units), Ethiopia (2.3M units) and Democratic Republic of the Congo (2M units), together comprising 24% of total consumption. Egypt, Algeria, Tanzania, Kenya, South Africa, Uganda and Morocco lagged somewhat behind, together accounting for a further 29%.
From 2013 to 2024, the most notable rate of growth in terms of consumption, amongst the key consuming countries, was attained by Morocco (with a CAGR of +8.9%), while consumption for the other leaders experienced more modest paces of growth.
In value terms, the largest pneumatic or hydraulic hand tool markets in Africa were Ethiopia ($669M), Egypt ($465M) and Algeria ($399M), together accounting for 25% of the total market. Morocco, Nigeria, Democratic Republic of the Congo, Tanzania, Kenya, Uganda and South Africa lagged somewhat behind, together comprising a further 13%.
In terms of the main consuming countries, Morocco, with a CAGR of +7.8%, recorded the highest growth rate of market size over the period under review, while market for the other leaders experienced more modest paces of growth.
The countries with the highest levels of pneumatic or hydraulic hand tool per capita consumption in 2024 were Algeria (32 units per 1000 persons), Morocco (30 units per 1000 persons) and Uganda (23 units per 1000 persons).
From 2013 to 2024, the most notable rate of growth in terms of consumption, amongst the leading consuming countries, was attained by Morocco (with a CAGR of +7.2%), while consumption for the other leaders experienced more modest paces of growth.
In 2024, the amount of pneumatic or hydraulic hand tools produced in Africa amounted to 31M units, approximately reflecting 2023 figures. The total production indicated measured growth from 2013 to 2024: its volume increased at an average annual rate of +4.0% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, production decreased by -0.9% against 2022 indices. The growth pace was the most rapid in 2021 when the production volume increased by 26% against the previous year. Over the period under review, production hit record highs at 31M units in 2022; however, from 2023 to 2024, production remained at a lower figure.
In value terms, pneumatic or hydraulic hand tool production stood at $5.8B in 2024 estimated in export price. The total production indicated a slight expansion from 2013 to 2024: its value increased at an average annual rate of +1.6% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, production decreased by -2.9% against 2022 indices. The most prominent rate of growth was recorded in 2021 when the production volume increased by 24%. Over the period under review, production attained the peak level at $5.9B in 2022; however, from 2023 to 2024, production remained at a lower figure.
The countries with the highest volumes of production in 2024 were Nigeria (3.6M units), Ethiopia (2.3M units) and Democratic Republic of the Congo (2M units), together comprising 25% of total production. Egypt, Algeria, Tanzania, Kenya, Uganda, Morocco and Ghana lagged somewhat behind, together comprising a further 28%.
From 2013 to 2024, the biggest increases were recorded for Morocco (with a CAGR of +9.0%), while production for the other leaders experienced more modest paces of growth.
In 2024, supplies from abroad of pneumatic or hydraulic hand tools decreased by -9.9% to 2.1M units, falling for the second year in a row after five years of growth. In general, imports, however, showed mild growth. The pace of growth appeared the most rapid in 2016 when imports increased by 122% against the previous year. As a result, imports attained the peak of 4.7M units. From 2017 to 2024, the growth of imports remained at a lower figure.
In value terms, pneumatic or hydraulic hand tool imports expanded rapidly to $151M in 2024. Overall, imports showed a mild curtailment. The pace of growth appeared the most rapid in 2018 when imports increased by 43%. The level of import peaked at $219M in 2019; however, from 2020 to 2024, imports stood at a somewhat lower figure.
South Africa dominates imports structure, recording 1.1M units, which was near 53% of total imports in 2024. Algeria (112K units) ranks second in terms of the total imports with a 5.2% share, followed by Tanzania (4.8%). Morocco (65K units), Libya (53K units), Mauritius (53K units), Angola (51K units), Ghana (50K units), Nigeria (47K units) and Tunisia (46K units) took a little share of total imports.
Imports into South Africa increased at an average annual rate of +1.7% from 2013 to 2024. At the same time, Tanzania (+16.7%), Mauritius (+11.8%), Ghana (+11.6%), Morocco (+7.5%), Tunisia (+5.2%) and Libya (+2.2%) displayed positive paces of growth. Moreover, Tanzania emerged as the fastest-growing importer imported in Africa, with a CAGR of +16.7% from 2013-2024. Nigeria experienced a relatively flat trend pattern. By contrast, Algeria (-5.2%) and Angola (-10.3%) illustrated a downward trend over the same period. From 2013 to 2024, the share of Tanzania, South Africa, Mauritius, Ghana and Morocco increased by +3.8, +3.5, +1.7, +1.6 and +1.5 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, South Africa ($50M) constitutes the largest market for imported pneumatic or hydraulic hand tools in Africa, comprising 33% of total imports. The second position in the ranking was taken by Nigeria ($7.8M), with a 5.2% share of total imports. It was followed by Morocco, with a 4.9% share.
In South Africa, pneumatic or hydraulic hand tool imports contracted by an average annual rate of -2.4% over the period from 2013-2024. The remaining importing countries recorded the following average annual rates of imports growth: Nigeria (+0.3% per year) and Morocco (+2.9% per year).
In 2024, handtools, hydraulic or with a self-contained non-electric motor (922K units) represented the largest type of pneumatic or hydraulic hand tools, generating 43% of total imports. Tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) (464K units) held a 22% share (based on physical terms) of total imports, which put it in second place, followed by tools; for working in the hand, pneumatic, other than rotary type (19%) and chainsaws with a self-contained non-electric motor (16%).
From 2013 to 2024, the most notable rate of growth in terms of purchases, amongst the key imported products, was attained by tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) (with a CAGR of +11.1%), while imports for the other products experienced more modest paces of growth.
In value terms, the largest types of imported pneumatic or hydraulic hand tools were handtools, hydraulic or with a self-contained non-electric motor ($62M), chainsaws with a self-contained non-electric motor ($41M) and tools; for working in the hand, pneumatic, other than rotary type ($24M), with a combined 84% share of total imports.
Chainsaws with a self-contained non-electric motor, with a CAGR of +2.3%, saw the highest rates of growth with regard to the value of imports, in terms of the main imported products over the period under review, while purchases for the other products experienced mixed trends in the imports figures.
In 2024, the import price in Africa amounted to $71 per unit, surging by 24% against the previous year. Over the period under review, the import price, however, saw a perceptible downturn. The most prominent rate of growth was recorded in 2017 an increase of 151% against the previous year. The level of import peaked at $91 per unit in 2018; however, from 2019 to 2024, import prices stood at a somewhat lower figure.
Prices varied noticeably by the product type; the product with the highest price was chainsaws with a self-contained non-electric motor ($121 per unit), while the price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) ($51 per unit) was amongst the lowest.
From 2013 to 2024, the most notable rate of growth in terms of prices was attained by tools; for working in the hand, pneumatic, other than rotary type (-0.2%), while the other products experienced a decline in the import price figures.
The import price in Africa stood at $71 per unit in 2024, picking up by 24% against the previous year. Overall, the import price, however, recorded a pronounced decrease. The pace of growth was the most pronounced in 2017 an increase of 151% against the previous year. The level of import peaked at $91 per unit in 2018; however, from 2019 to 2024, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major importing countries. In 2024, amid the top importers, the country with the highest price was Nigeria ($166 per unit), while Libya ($36 per unit) was amongst the lowest.
From 2013 to 2024, the most notable rate of growth in terms of prices was attained by Nigeria (+0.2%), while the other leaders experienced mixed trends in the import price figures.
In 2024, overseas shipments of pneumatic or hydraulic hand tools decreased by -59.2% to 166K units, falling for the third year in a row after two years of growth. In general, exports continue to indicate a perceptible curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 423%. Over the period under review, the exports attained the peak figure at 686K units in 2021; however, from 2022 to 2024, the exports failed to regain momentum.
In value terms, pneumatic or hydraulic hand tool exports dropped to $18M in 2024. Overall, exports continue to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 18%. Over the period under review, the exports reached the maximum at $27M in 2018; however, from 2019 to 2024, the exports failed to regain momentum.
South Africa dominates exports structure, amounting to 142K units, which was approx. 86% of total exports in 2024. Ghana (4.9K units), Namibia (3.4K units), Mauritius (2.8K units), Kenya (2.6K units) and Angola (2.5K units) followed a long way behind the leaders.
From 2013 to 2024, average annual rates of growth with regard to pneumatic or hydraulic hand tool exports from South Africa stood at -3.1%. At the same time, Angola (+91.2%), Ghana (+46.0%), Mauritius (+34.6%), Kenya (+16.0%) and Namibia (+10.8%) displayed positive paces of growth. Moreover, Angola emerged as the fastest-growing exporter exported in Africa, with a CAGR of +91.2% from 2013-2024. Ghana (+2.9 p.p.), Mauritius (+1.6 p.p.), Namibia (+1.5 p.p.) and Angola (+1.5 p.p.) significantly strengthened its position in terms of the total exports, while South Africa saw its share reduced by -5.4% from 2013 to 2024, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, South Africa ($13M) remains the largest pneumatic or hydraulic hand tool supplier in Africa, comprising 69% of total exports. The second position in the ranking was held by Angola ($1.5M), with an 8.4% share of total exports. It was followed by Kenya, with a 3.2% share.
From 2013 to 2024, the average annual growth rate of value in South Africa totaled -3.9%. The remaining exporting countries recorded the following average annual rates of exports growth: Angola (+89.4% per year) and Kenya (+24.6% per year).
Tools; for working in the hand, pneumatic, other than rotary type (63K units) and handtools, hydraulic or with a self-contained non-electric motor (61K units) were the major types of pneumatic or hydraulic hand tools in 2024, amounting to approx. 38% and 37% of total exports, respectively. Chainsaws with a self-contained non-electric motor (34K units) held the next position in the ranking, distantly followed by tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) (7.9K units). All these products together took near 25% share of total exports.
From 2013 to 2024, the biggest increases were recorded for tools; for working in the hand, pneumatic, other than rotary type (with a CAGR of +1.0%), while shipments for the other products experienced a decline in the exports figures.
In value terms, handtools, hydraulic or with a self-contained non-electric motor ($7.5M), chainsaws with a self-contained non-electric motor ($5.3M) and tools; for working in the hand, pneumatic, other than rotary type ($3.7M) were the products with the highest levels of exports in 2024, together comprising 91% of total exports.
Among the main exported products, handtools, hydraulic or with a self-contained non-electric motor, with a CAGR of +2.2%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other products experienced a decline in the exports figures.
The export price in Africa stood at $110 per unit in 2024, jumping by 123% against the previous year. Over the period under review, the export price saw a mild increase. The growth pace was the most rapid in 2018 an increase of 368% against the previous year. As a result, the export price reached the peak level of $220 per unit. From 2019 to 2024, the export prices failed to regain momentum.
Prices varied noticeably by the product type; the product with the highest price was tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) ($216 per unit), while the average price for exports of tools; for working in the hand, pneumatic, other than rotary type ($59 per unit) was amongst the lowest.
From 2013 to 2024, the most notable rate of growth in terms of prices was attained by non-electric motor handtools (+7.5%), while the other products experienced mixed trends in the export price figures.
In 2024, the export price in Africa amounted to $110 per unit, picking up by 123% against the previous year. In general, the export price saw mild growth. The most prominent rate of growth was recorded in 2018 an increase of 368% against the previous year. As a result, the export price reached the peak level of $220 per unit. From 2019 to 2024, 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 Angola ($617 per unit), while Ghana ($12 per unit) was amongst the lowest.
From 2013 to 2024, the most notable rate of growth in terms of prices was attained by Kenya (+7.4%), while the other leaders experienced a decline in the export price figures.
Source: IndexBox Market Intelligence Platform
This report provides an in-depth analysis of the market for pneumatic or hydraulic hand tool in Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
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