Africa: Ink-Pad Market 2024

Ink-Pad Market Size in Africa

The African ink-pad market totaled $X in 2022, standing approx. at the previous year. In general, consumption, however, recorded a pronounced reduction. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Ink-Pad Production in Africa

In value terms, ink-pad production amounted to $X in 2022 estimated in export price. In general, production showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Ink-Pad Exports

Exports in Africa

For the tenth consecutive year, Africa recorded decline in overseas shipments of ink-pads, which decreased by X% to X units in 2022. Overall, exports saw a sharp downturn. The smallest decline of X% was in 2017. The volume of export peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, ink-pad exports fell significantly to $X in 2022. In general, exports recorded a sharp setback. The pace of growth appeared the most rapid in 2020 when exports increased by X%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

South Africa dominates exports structure, recording X units, which was near X% of total exports in 2022. Tunisia (X units) took an X% share (based on physical terms) of total exports, which put it in second place, followed by Mauritius (X%), Madagascar (X%) and Swaziland (X%). Tanzania (X units) followed a long way behind the leaders.

Exports from South Africa decreased at an average annual rate of X% from 2012 to 2022. At the same time, Madagascar (X%) displayed positive paces of growth. Moreover, Madagascar emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. By contrast, Mauritius (X%), Tanzania (X%), Tunisia (X%) and Swaziland (X%) illustrated a downward trend over the same period. While the share of Mauritius (X p.p.), Tunisia (X p.p.), Madagascar (X p.p.), Swaziland (X p.p.) and Tanzania (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of South Africa (X p.p.) displayed negative dynamics.

In value terms, South Africa ($X) remains the largest ink-pad supplier in Africa, comprising X% of total exports. The second position in the ranking was held by Madagascar ($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 amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Madagascar (X% per year) and Tunisia (X% per year).

Export Prices by Country

The export price in Africa stood at $X per unit in 2022, waning by X% against the previous year. In general, the export price continues to indicate a pronounced reduction. 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 2016; however, from 2017 to 2022, the export prices stood 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 ($X per unit), while Tanzania ($X per unit) was amongst the lowest.

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

Ink-Pad Imports

Imports in Africa

In 2022, imports of ink-pads in Africa soared to X units, surging by X% against the previous year's figure. Total imports indicated modest growth 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, imports increased by X% against 2020 indices. The volume of import peaked at X units in 2015; afterwards, it flattened through to 2022.

In value terms, ink-pad imports totaled $X in 2022. Over the period under review, imports, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Nigeria (X units) was the main importer of ink-pads, making up X% of total imports. It was distantly followed by Morocco (X units), Ghana (X units), Kenya (X units), South Africa (X units), Djibouti (X units), Algeria (X units) and Ethiopia (X units), together committing a X% share of total imports. Egypt (X units), Swaziland (X units), Tunisia (X units), Cote d'Ivoire (X units) and Cameroon (X units) took a relatively small share of total imports.

Nigeria was also the fastest-growing in terms of the ink-pads imports, with a CAGR of X% from 2012 to 2022. At the same time, Ethiopia (X%), Djibouti (X%), Swaziland (X%), Kenya (X%), Cameroon (X%) and Morocco (X%) displayed positive paces of growth. Algeria, Ghana and Cote d'Ivoire experienced a relatively flat trend pattern. By contrast, South Africa (X%), Tunisia (X%) and Egypt (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Nigeria, Djibouti, Kenya, Ethiopia and Swaziland increased by X, X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Nigeria ($X) constitutes the largest market for imported ink-pads in Africa, comprising X% of total imports. The second position in the ranking was held by Morocco ($X), with an X% share of total imports. It was followed by Swaziland, with an X% share.

In Nigeria, ink-pad imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Morocco (X% per year) and Swaziland (X% per year).

Import Prices by Country

In 2022, the import price in Africa amounted to $X per unit, declining by X% against the previous year. In general, the import price showed a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when the import price increased by X% against the previous year. Over the period under review, import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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