China wheel hub and bearing  
he growth of the middle class is the core driving force.According to reports from West Africa France Group and lpsosGroup, there are currently 150 million middle-class people inAfrica, accounting for 14% of the total population,and thisnumber is expected to increase to224 million by 2040. This grouphas an average annual automobile consumption expenditure of$320,of which 15% -20% is used for parts maintenance andupgrades, directly driving the expansion of the after-sales market.The active second-hand car market has further amplified demand-by2024, China will export 420000second-hand cars to Africaaccounting for 38% of Africa's total imports. The high-frequencynaintenance demand for old vehicles constitutes the basic Egypt: 70% of 10 million cars are over 10 years old,and 3million cars are over 15 years old. The Cairoregion has an average annual purchase of auto partsof 860 million US dollars, with vulnerable partsaccounting for as much as 62%. The sandstormweather has shortened the replacement cycle of air  South Africa: The most mature market in Africa,with a scaleof 210million US dollars by July 2025 and an average of 120accidents per thousand vehicles per year, driving an 18%growth rate in accident repair parts.Johannesburg andDurban account for 58% of the transaction volumeNigeria's West African hub, 90% of the 12 million cars aresecond-hand, Lagos has an annual transaction volume of 1.2bilion US dollars, and 60% of the 1200 auto parts containersat Apapa Port each month come from China.
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Author:Jack
Position:General manager