Slide of the month (SOTM) October. Automotive battery markets in Africa
Africa’s automotive markets present significant opportunities for international companies. The COVID-19 pandemic negatively affected the market as it interrupted supply chains after governments set up travel restrictions.
Over the last decade, africon has implemented numerous projects in the automotive sector. Some of our clients have tasked us with analyzing the battery markets for commercial and personal vehicles. From our latest data, South Africa is the largest single market for automotive batteries, but sub-Saharan Africa (SSA) also presents a sizeable opportunity. The average automotive battery imports per year were USD 135 million for North Africa, USD 188 million for SSA, and USD 93 million for South Africa. These figures are average imports from 2019 to 2021. The leading suppliers were France, Spain, China, Germany, Turkey, and Korea. It is also worth noting that a few local automotive battery manufacturers exist in Kenya and South Africa.
africon provides automotive clients with comprehensive market overviews and helps them to identify and access opportunities in new application areas or product segments. We also give practical recommendations on penetrating the market.
Read previous SOTMs (Slides of the month) here
Slide of the month (SOTM) September. Agricultural exports from Africa
Slide of the month (SOTM) August. Beer production in Africa
Slide of the month (SOTM) July. The growth of consumer markets in Africa
Slide of the month (SOTM) June. Blood transfusion landscape in Tanzania
Slide of the month (SOTM) May. Construction projects in Africa