Africa: Paper Making Machinery Market 2024

Paper Making Machinery Market Size in Africa

The African paper making machinery market rose remarkably to $X.6B in 2022, with an increase of X% against the previous year. In general, consumption posted a prominent increase. The level of consumption peaked at $X.8B in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Paper Making Machinery Production in Africa

In value terms, paper making machinery production totaled $X.9B in 2022 estimated in export price. Over the period under review, production recorded a buoyant expansion. The pace of growth was the most pronounced in 2016 when the production volume increased by X%. Over the period under review, production hit record highs at $X.8B in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Paper Making Machinery Exports

Exports in Africa

Paper making machinery exports contracted sharply to X units in 2022, waning by X% on the previous year. In general, exports recorded a pronounced setback. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. As a result, the exports attained the peak of X units. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, paper making machinery exports contracted rapidly to $X in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, South Africa (X units) represented the main exporter of machinery for making up paper pulp, paper or paperboard, constituting X% of total exports. It was distantly followed by Tunisia (X units), Nigeria (X units), Kenya (X units), Ghana (X units), Namibia (X units), Botswana (X units) and Morocco (X units), together making up a X% share of total exports. The following exporters - Uganda (X units), Mauritius (X units), Cote d'Ivoire (X units), Egypt (X units) and Zimbabwe (X units) - together made up X% of total exports.

Exports from South Africa decreased at an average annual rate of X% from 2012 to 2022. At the same time, Tunisia (X%), Nigeria (X%), Namibia (X%), Kenya (X%), Morocco (X%), Ghana (X%) and Egypt (X%) displayed positive paces of growth. Moreover, Tunisia emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. Uganda and Cote d'Ivoire experienced a relatively flat trend pattern. By contrast, Mauritius (X%), Zimbabwe (X%) and Botswana (X%) illustrated a downward trend over the same period. While the share of Tunisia (X p.p.), Nigeria (X p.p.), Kenya (X p.p.), Namibia (X p.p.), Ghana (X p.p.), Morocco (X p.p.) and Egypt (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Zimbabwe (X p.p.), Botswana (X p.p.) and South Africa (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest paper making machinery supplying countries in Africa were South Africa ($X), Nigeria ($X) and Tunisia ($X), with a combined X% share of total exports.

Nigeria, with a CAGR of X%, recorded 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 more modest paces of growth.

Export Prices by Country

The export price in Africa stood at $X per unit in 2022, growing by X% against the previous year. Overall, the export price saw resilient growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 Nigeria ($X per unit), while Uganda ($X per unit) was amongst the lowest.

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

Paper Making Machinery Imports

Imports in Africa

In 2022, overseas purchases of machinery for making up paper pulp, paper or paperboard decreased by X% to X units, falling for the third consecutive year after three years of growth. Over the period under review, imports, however, posted a measured increase. The growth pace was the most rapid in 2017 with an increase of X%. The volume of import peaked at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, paper making machinery imports expanded sharply to $X in 2022. Total imports indicated a mild expansion 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. Based on 2022 figures, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Nigeria (X units) and Algeria (X units) represented roughly X% of total imports in 2022. South Africa (X units) held the next position in the ranking, followed by Morocco (X units), Ghana (X units) and Democratic Republic of the Congo (X units). All these countries together held near X% share of total imports. Angola (X units), Tanzania (X units), Ethiopia (X units), Kenya (X units), Madagascar (X units), Zimbabwe (X units) and Egypt (X units) held a minor share of total imports.

From 2012 to 2022, the biggest increases were recorded for Madagascar (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

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

In Algeria, paper making machinery 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: Nigeria (X% per year) and South Africa (X% per year).

Import Prices by Country

In 2022, the import price in Africa amounted to $X per unit, picking up by X% against the previous year. Over the period under review, the import price, however, showed a perceptible curtailment. The most prominent rate of growth was recorded in 2016 when the import price increased by X%. Over the period under review, import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Kenya ($X per unit), while Democratic Republic of the Congo ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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