Africa: Flexographic Printing Machinery Market 2024

Flexographic Printing Machinery Market Size in Africa

The African flexographic printing machinery market fell to $X in 2022, with a decrease of X% against the previous year. The total consumption indicated buoyant growth from 2012 to 2022: its value 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, consumption decreased by X% against 2020 indices. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Flexographic Printing Machinery Production in Africa

In value terms, flexographic printing machinery production reached $X in 2022 estimated in export price. The total production indicated a prominent increase from 2012 to 2022: its value 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, production decreased by X% against 2018 indices. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Flexographic Printing Machinery Exports

Exports in Africa

After two years of decline, overseas shipments of flexographic printing machinery increased by X% to X units in 2022. Over the period under review, exports enjoyed a modest increase. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. The volume of export peaked at X units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, flexographic printing machinery exports soared to $X in 2022. Overall, exports saw a remarkable increase. The pace of growth was the most pronounced in 2015 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

South Africa dominates exports structure, reaching X units, which was near X% of total exports in 2022. The following exporters - Kenya (X units) and Nigeria (X units) - each amounted to a X% share of total exports.

Exports from South Africa increased at an average annual rate of X% from 2012 to 2022. At the same time, Kenya (X%) displayed positive paces of growth. Moreover, Kenya emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. By contrast, Nigeria (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of South Africa increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest flexographic printing machinery supplier in Africa, comprising X% of total exports. The second position in the ranking was taken by Nigeria ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in South Africa amounted to X%. In the other countries, the average annual rates were as follows: Nigeria (X% per year) and Kenya (X% per year).

Export Prices by Country

The export price in Africa stood at $X per unit in 2022, reducing by X% against the previous year. In general, the export price, however, showed buoyant growth. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. The level of export peaked at $X per unit in 2021, and then contracted dramatically in the following year.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Nigeria ($X per unit), while Kenya ($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 more modest paces of growth.

Flexographic Printing Machinery Imports

Imports in Africa

After five years of growth, overseas purchases of flexographic printing machinery decreased by X% to X units in 2022. In general, imports, however, posted a buoyant expansion. The pace of growth was the most pronounced in 2017 when imports increased by X%. Over the period under review, imports attained the peak figure at X units in 2021, and then dropped remarkably in the following year.

In value terms, flexographic printing machinery imports reduced remarkably to $X in 2022. Total imports indicated measured growth from 2012 to 2022: its value 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, imports decreased by X% against 2019 indices. The pace of growth was the most pronounced in 2017 with an increase of X%. The level of import peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The purchases of the five major importers of flexographic printing machinery, namely Uganda, Egypt, Tanzania, Tunisia and Togo, represented more than two-thirds of total import. South Africa (X units), Nigeria (X units), Mauritius (X units), Rwanda (X units), Angola (X units) and Morocco (X units) took a little share of total imports.

From 2012 to 2022, the biggest increases were recorded for Togo (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest flexographic printing machinery importing markets in Africa were Egypt ($X), South Africa ($X) and Tunisia ($X), together comprising X% of total imports. Tanzania, Nigeria, Uganda, Morocco, Angola, Rwanda, Mauritius and Togo lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Rwanda, with a CAGR of X%, saw the highest growth rate of 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

In 2022, the import price in Africa amounted to $X per unit, surging by X% against the previous year. Overall, the import price, however, continues to indicate a abrupt decline. Over the period under review, import prices attained the maximum at $X per unit in 2014; however, from 2015 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 ($X per unit), while Togo ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Rwanda (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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