Africa: Footwear Making Machinery Market 2024

Footwear Making Machinery Market Size in Africa

In 2023, the African footwear making machinery market decreased by X% to $X, falling for the third year in a row after two years of growth. Overall, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2023, consumption failed to regain momentum.

Footwear Making Machinery Production in Africa

In value terms, footwear making machinery production fell modestly to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2015 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2023, production remained at a lower figure.

Footwear Making Machinery Exports

Exports in Africa

In 2023, overseas shipments of machinery for making or repairing footwear decreased by X% to X units for the first time since 2020, thus ending a two-year rising trend. Overall, exports faced a abrupt setback. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, the exports attained the peak of X units. From 2020 to 2023, the growth of the exports remained at a lower figure.

In value terms, footwear making machinery exports shrank markedly to $X in 2023. Over the period under review, exports continue to indicate a deep setback. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

Exports by Country

In 2023, South Africa (X units) and Tunisia (X units) were the largest exporters of machinery for making or repairing footwear in Africa, together comprising X% of total exports. Morocco (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Nigeria (X%), Kenya (X%) and Egypt (X%). The following exporters - Cote d'Ivoire (X units) and Lesotho (X units) - each accounted for a X% share of total exports.

From 2012 to 2023, the biggest increases were recorded for Lesotho (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

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

From 2012 to 2023, the average annual rate of growth in terms of value in Tunisia amounted to X%. In the other countries, the average annual rates were as follows: South Africa (X% per year) and Morocco (X% per year).

Export Prices by Country

The export price in Africa stood at $X per unit in 2023, growing by X% against the previous year. Overall, the export price recorded a buoyant increase. The most prominent rate of growth was recorded in 2020 when the export price increased by X%. The level of export peaked in 2023 and is expected to retain growth in years to come.

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

From 2012 to 2023, 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.

Footwear Making Machinery Imports

Imports in Africa

Footwear making machinery imports declined dramatically to X units in 2023, reducing by X% on 2022. Overall, imports, however, recorded a mild expansion. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, imports reached the peak of X units. From 2020 to 2023, the growth of imports remained at a lower figure.

In value terms, footwear making machinery imports dropped rapidly to $X in 2023. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when imports increased by X%. As a result, imports attained the peak of $X. From 2021 to 2023, the growth of imports remained at a lower figure.

Imports by Country

Tunisia was the main importing country with an import of around X units, which finished at X% of total imports. Egypt (X units) held the second position in the ranking, followed by South Africa (X units), Algeria (X units), Morocco (X units) and Djibouti (X units). All these countries together held approx. X% share of total imports. Kenya (X units), Tanzania (X units), Zimbabwe (X units), Ethiopia (X units), Malawi (X units) and Nigeria (X units) followed a long way behind the leaders.

Imports into Tunisia increased at an average annual rate of X% from 2012 to 2023. At the same time, Malawi (X%), Tanzania (X%), Algeria (X%), Nigeria (X%), Djibouti (X%), Kenya (X%) and Zimbabwe (X%) displayed positive paces of growth. Moreover, Malawi emerged as the fastest-growing importer imported in Africa, with a CAGR of X% from 2012-2023. By contrast, Morocco (X%), Egypt (X%), Ethiopia (X%) and South Africa (X%) illustrated a downward trend over the same period. Tunisia (X p.p.), Algeria (X p.p.), Djibouti (X p.p.), Tanzania (X p.p.), Malawi (X p.p.) and Kenya (X p.p.) significantly strengthened its position in terms of the total imports, while Ethiopia, Morocco, Egypt and South Africa saw its share reduced by X%, X%, X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Tunisia ($X) constitutes the largest market for imported machinery for making or repairing footwear in Africa, comprising X% of total imports. The second position in the ranking was taken by Algeria ($X), with an X% share of total imports. It was followed by South Africa, with a X% share.

In Tunisia, footwear making machinery imports increased at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Algeria (X% per year) and South Africa (X% per year).

Import Prices by Country

In 2023, the import price in Africa amounted to $X per unit, with an increase of X% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. The level of import peaked at $X per unit in 2014; however, from 2015 to 2023, 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 Nigeria ($X per unit), while Tanzania ($X per unit) was amongst the lowest.

From 2012 to 2023, 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