Africa: Book Folding Machine Market 2024

Book Folding Machine Market Size in Africa

The African book folding machine market expanded modestly to $X.6B in 2022, surging by X% against the previous year. In general, consumption, however, showed a pronounced reduction. Over the period under review, the market attained the maximum level at $X.6B in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Book Folding Machine Production in Africa

In value terms, book folding machine production reduced to $X.6B in 2022 estimated in export price. In general, production, however, continues to indicate a perceptible descent. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Book Folding Machine Exports

Exports in Africa

In 2022, approx. X units of folding machines for books were exported in Africa; which is down by X% on 2021. Overall, exports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2020 with an increase of X%. The volume of export peaked at X units in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, book folding machine exports fell notably to $X in 2022. Over the period under review, exports saw a abrupt setback. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, South Africa (X units) represented the key exporter of folding machines for books, making up X% of total exports. Mauritius (X units) held the second position in the ranking, distantly followed by Tunisia (X units) and Kenya (X units). All these countries together took near X% share of total exports.

Exports from South Africa decreased at an average annual rate of X% from 2012 to 2022. At the same time, Mauritius (X%), Tunisia (X%) and Kenya (X%) displayed positive paces of growth. Moreover, Mauritius emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. Mauritius (X p.p.), Tunisia (X p.p.) and Kenya (X p.p.) significantly strengthened its position in terms of the total exports, while South Africa saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, South Africa ($X), Mauritius ($X) and Kenya ($X) constituted the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

Mauritius, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in Africa stood at $X per unit in 2022, dropping by X% against the previous year. In general, the export price saw a deep downturn. The pace of growth appeared the most rapid in 2015 when the export price increased by X%. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Kenya ($X per unit), while Tunisia ($X per unit) was amongst the lowest.

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

Book Folding Machine Imports

Imports in Africa

In 2022, supplies from abroad of folding machines for books decreased by X% to X units, falling for the second year in a row after three years of growth. Over the period under review, imports saw a perceptible curtailment. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. The volume of import peaked at X units in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, book folding machine imports dropped markedly to $X in 2022. In general, imports showed a abrupt decline. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Nigeria (X units) and South Africa (X units) represented the key importers of folding machines for books in Africa, together finishing at near X% of total imports. Tunisia (X units) held the next position in the ranking, followed by Ethiopia (X units). All these countries together held near X% share of total imports. Angola (X units), Democratic Republic of the Congo (X units), Rwanda (X units), Tanzania (X units), Morocco (X units), Ghana (X units), Mozambique (X units), Zimbabwe (X units) and Mauritius (X units) followed a long way behind the leaders.

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

In value terms, Nigeria ($X) constitutes the largest market for imported folding machines for books in Africa, comprising X% of total imports. The second position in the ranking was taken by South Africa ($X), with an X% share of total imports. It was followed by Morocco, with an X% share.

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

Import Prices by Country

The import price in Africa stood at $X per unit in 2022, growing by X% against the previous year. In general, the import price, however, saw a pronounced curtailment. Over the period under review, import prices attained the peak figure at $X per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Zimbabwe ($X per unit), while Democratic Republic of the Congo ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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