Africa: Compression Type Mould Market 2024

Compression Type Mould Market Size in Africa

The African compression type mould market dropped to $X in 2022, with a decrease of X% against the previous year. Overall, consumption, however, posted resilient growth. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Compression Type Mould Production in Africa

In value terms, compression type mould production shrank to $X in 2022 estimated in export price. Over the period under review, production, however, enjoyed prominent growth. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Compression Type Mould Exports

Exports in Africa

In 2022, overseas shipments of injection or compression type moulds for rubber or plastics were finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, the exports reached the peak of X units. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, compression type mould exports expanded remarkably to $X in 2022. In general, exports, however, recorded a mild decline. The growth pace was the most rapid in 2019 when exports increased by X%. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

South Africa prevails in exports structure, finishing at X units, which was approx. X% of total exports in 2022. It was distantly followed by Morocco (X units), committing a X% share of total exports. Cote d'Ivoire (X units) followed a long way behind the leaders.

South Africa experienced a relatively flat trend pattern with regard to volume of exports of injection or compression type moulds for rubber or plastics. At the same time, Cote d'Ivoire (X%) and Morocco (X%) displayed positive paces of growth. Moreover, Cote d'Ivoire emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of South Africa, Morocco and Cote d'Ivoire increased by X, X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest compression type mould supplier in Africa, comprising X% of total exports. The second position in the ranking was taken by Morocco ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa was relatively modest. In the other countries, the average annual rates were as follows: Morocco (X% per year) and Cote d'Ivoire (X% per year).

Export Prices by Country

The export price in Africa stood at $X per unit in 2022, with a decrease of X% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the export price increased by X%. The level of export peaked at $X per unit in 2021, and then contracted in the following year.

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 Morocco ($X per unit), while Cote d'Ivoire ($X per unit) was amongst the lowest.

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

Compression Type Mould Imports

Imports in Africa

In 2022, after two years of decline, there was growth in purchases abroad of injection or compression type moulds for rubber or plastics, when their volume increased by X% to X units. Total imports indicated a tangible 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. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, compression type mould imports shrank to $X in 2022. Total imports 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. The most prominent rate of growth was recorded in 2017 when imports increased by X%. The level of import peaked at $X in 2021, and then shrank in the following year.

Imports by Country

In 2022, South Africa (X units), distantly followed by Algeria (X units), Morocco (X units), Tunisia (X units) and Nigeria (X units) were the main importers of injection or compression type moulds for rubber or plastics, together generating X% of total imports. The following importers - Egypt (X units), Tanzania (X units), Cote d'Ivoire (X units), Ghana (X units), Kenya (X units), Angola (X units), Zambia (X units) and Ethiopia (X units) - together made up X% of total imports.

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

In value terms, the largest compression type mould importing markets in Africa were South Africa ($X), Algeria ($X) and Tunisia ($X), together comprising X% of total imports. Morocco, Egypt, Nigeria, Ghana, Cote d'Ivoire, Kenya, Tanzania, Ethiopia, Angola and Zambia lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Ghana, 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, dropping by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. Over the period under review, import prices reached the peak figure at $X per unit in 2021, and then contracted notably in the following year.

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

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

Source: IndexBox Platform

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