Africa: Reel Cutting Slitter Market 2024

Reel Cutting Slitter Market Size in Africa

The African reel cutting slitter market dropped to $X in 2022, falling by X% against the previous year. Over the period under review, consumption, however, saw significant growth. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Reel Cutting Slitter Production in Africa

In value terms, reel cutting slitter production fell to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a significant increase. The growth pace was the most rapid in 2013 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

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Reel Cutting Slitter Exports

Exports in Africa

In 2022, reel cutting slitter exports in Africa shrank to X units, with a decrease of X% on the previous year's figure. Total exports indicated a modest expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, the exports attained the maximum at X units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, reel cutting slitter exports expanded markedly to $X in 2022. Overall, exports, however, continue to indicate a notable increase. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

South Africa (X units) and Tunisia (X units) were the main exporters of combined reel slitting and re-reeling cutting machines for paper and paperboard in 2022, amounting to near X% and X% of total exports, respectively. Nigeria (X units) took the next position in the ranking, followed by Swaziland (X units), Cote d'Ivoire (X units), Kenya (X units) and Rwanda (X units). All these countries together held near X% share of total exports. Morocco (X units), Mauritius (X units), Mozambique (X units) and Uganda (X units) held a minor share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Rwanda (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X) remains the largest reel cutting slitter supplier in Africa, comprising X% of total exports. The second position in the ranking was held by Swaziland ($X), with a X% share of total exports. It was followed by Tunisia, with a X% share.

From 2012 to 2022, the average annual growth rate of value in South Africa was relatively modest. The remaining exporting countries recorded the following average annual rates of exports growth: Swaziland (X% per year) and Tunisia (X% per year).

Export Prices by Country

The export price in Africa stood at $X per unit in 2022, increasing by X% against the previous year. Overall, the export price posted slight growth. The pace of growth was the most pronounced in 2019 when the export price increased by X%. As a result, the export price reached the peak level of $X per unit. From 2020 to 2022, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was South Africa ($X per unit), while Mozambique ($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 more modest paces of growth.

Reel Cutting Slitter Imports

Imports in Africa

In 2022, overseas purchases of combined reel slitting and re-reeling cutting machines for paper and paperboard decreased by X% to X units, falling for the third year in a row after three years of growth. Overall, imports, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, reel cutting slitter imports contracted to $X in 2022. Over the period under review, imports, however, saw a modest expansion. The most prominent rate of growth was recorded in 2018 with an increase of X%. The level of import peaked at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

Nigeria was the key importing country with an import of around X units, which amounted to X% of total imports. Democratic Republic of the Congo (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by South Africa (X%) and Morocco (X%). The following importers - Algeria (X units), Ethiopia (X units), Tunisia (X units), Benin (X units) and Egypt (X units) - together made up X% of total imports.

Imports into Nigeria increased at an average annual rate of X% from 2012 to 2022. At the same time, Benin (X%), Democratic Republic of the Congo (X%), Ethiopia (X%) and Morocco (X%) displayed positive paces of growth. Moreover, Benin emerged as the fastest-growing importer imported in Africa, with a CAGR of X% from 2012-2022. Egypt and Tunisia experienced a relatively flat trend pattern. By contrast, Algeria (X%) and South Africa (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Nigeria, Democratic Republic of the Congo and Benin increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X), Nigeria ($X) and Morocco ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Egypt, Algeria, Tunisia, Ethiopia, Democratic Republic of the Congo and Benin lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Benin, with a CAGR of X%, saw 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 2022, rising by X% against the previous year. Over the period under review, the import price, however, saw a abrupt decrease. The pace of growth was the most pronounced in 2021 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was South Africa ($X per unit), while Democratic Republic of the Congo ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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