Africa: Paper Machinery Market 2024

Paper Machinery Market Size in Africa

The African paper machinery market contracted modestly to $X.4B in 2022, therefore, remained relatively stable against the previous year. In general, consumption, however, saw a prominent increase. The level of consumption peaked at $X.5B in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Paper Machinery Production in Africa

In value terms, paper machinery production contracted modestly to $X.5B in 2022 estimated in export price. Overall, production, however, enjoyed a strong increase. The pace of growth was the most pronounced in 2018 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X.7B in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Paper Machinery Exports

Exports in Africa

In 2022, paper machinery exports in Africa soared to X units, jumping by X% on 2021. Overall, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, the exports reached the peak of X units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, paper machinery exports shrank rapidly to $X in 2022. Over the period under review, exports, however, recorded a deep setback. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then reduced markedly in the following year.

Exports by Country

Egypt represented the major exporter of machinery for making paper or paperboard in Africa, with the volume of exports accounting for X units, which was near X% of total exports in 2022. South Africa (X units) held the second position in the ranking, distantly followed by Ethiopia (X units). All these countries together held approx. X% share of total exports. Swaziland (X units) followed a long way behind the leaders.

Exports from Egypt increased at an average annual rate of X% from 2012 to 2022. At the same time, Swaziland (X%) and South Africa (X%) displayed positive paces of growth. Moreover, Swaziland emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. By contrast, Ethiopia (X%) illustrated a downward trend over the same period. Egypt (X p.p.), South Africa (X p.p.) and Swaziland (X p.p.) significantly strengthened its position in terms of the total exports, while Ethiopia saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Egypt ($X) emerged as the largest paper machinery supplier in Africa, comprising X% of total exports. The second position in the ranking was held by Ethiopia ($X), with a X% share of total exports. It was followed by South Africa, with a X% share.

In Egypt, paper machinery exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Ethiopia (X% per year) and South Africa (X% per year).

Export Prices by Country

In 2022, the export price in Africa amounted to $X per unit, dropping by X% against the previous year. Overall, the export price continues to indicate a abrupt decrease. The pace of growth was the most pronounced in 2021 when the export price increased by X%. As a result, the export price reached the peak level of $X per unit, and then shrank remarkably in the following year.

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

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

Paper Machinery Imports

Imports in Africa

In 2022, purchases abroad of machinery for making paper or paperboard was finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. As a result, imports attained the peak of X units. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, paper machinery imports surged to $X in 2022. Overall, imports, however, showed a pronounced descent. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Nigeria (X units) represented the main importer of machinery for making paper or paperboard, generating X% of total imports. Morocco (X units) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Cote d'Ivoire (X%), Mauritius (X%) and Zimbabwe (X%). Ethiopia (X units), Algeria (X units), Benin (X units) and Uganda (X units) followed a long way behind the leaders.

Imports into Nigeria increased at an average annual rate of X% from 2012 to 2022. At the same time, Benin (X%), Mauritius (X%), Cote d'Ivoire (X%), Ethiopia (X%) and Zimbabwe (X%) displayed positive paces of growth. Moreover, Benin emerged as the fastest-growing importer imported in Africa, with a CAGR of X% from 2012-2022. By contrast, Algeria (X%), Uganda (X%) and Morocco (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Nigeria, Cote d'Ivoire, Mauritius, Zimbabwe, Ethiopia and Benin increased by X, 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, the largest paper machinery importing markets in Africa were Cote d'Ivoire ($X), Nigeria ($X) and Algeria ($X), together accounting for X% of total imports. Mauritius, Morocco, Ethiopia, Zimbabwe, Benin and Uganda lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Mauritius, with a CAGR of X%, recorded the highest rates of growth with regard to 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

The import price in Africa stood at $X per unit in 2022, surging by X% against the previous year. Over the period under review, the import price, however, saw a perceptible setback. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2018 to 2022, the import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Algeria ($X per unit), while Zimbabwe ($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 more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :