Africa: Paper Moulding Machine Market 2024

Paper Moulding Machine Market Size in Africa

The African paper moulding machine market contracted to $X.5B in 2022, with a decrease of X% against the previous year. Overall, consumption saw a pronounced reduction. As a result, consumption reached the peak level of $X.7B. From 2016 to 2022, the growth of the market remained at a somewhat lower figure.

Paper Moulding Machine Production in Africa

In value terms, paper moulding machine production reduced to $X.4B in 2022 estimated in export price. Over the period under review, production recorded a abrupt curtailment. The pace of growth was the most pronounced in 2015 when the production volume increased by X%. As a result, production reached the peak level of $X.4B. From 2016 to 2022, production growth remained at a somewhat lower figure.

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Paper Moulding Machine Exports

Exports in Africa

Paper moulding machine exports fell dramatically to X units in 2022, with a decrease of X% compared with the previous year. Overall, exports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2013 when exports increased by X%. Over the period under review, the exports hit record highs at X units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, paper moulding machine exports declined markedly to $X in 2022. In general, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2013 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

South Africa prevails in exports structure, resulting at X units, which was near X% of total exports in 2022. It was distantly followed by Kenya (X units), mixing up a X% share of total exports. The following exporters - Egypt (X units) and Zambia (X units) - each amounted to a X% share of total exports.

South Africa was also the fastest-growing in terms of the machines for moulding articles in paper pulp, paper or paperboard exports, with a CAGR of X% from 2012 to 2022. At the same time, Zambia (X%), Kenya (X%) and Egypt (X%) displayed positive paces of growth. South Africa (X p.p.) and Zambia (X p.p.) significantly strengthened its position in terms of the total exports, while Egypt and Kenya saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, South Africa ($X) remains the largest paper moulding machine supplier in Africa, comprising X% of total exports. The second position in the ranking was held by Kenya ($X), with a X% share of total exports. It was followed by Zambia, with a X% share.

In South Africa, paper moulding machine exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Kenya (X% per year) and Zambia (X% per year).

Export Prices by Country

The export price in Africa stood at $X per unit in 2022, jumping by X% against the previous year. Over the period under review, the export price enjoyed a strong increase. The most prominent rate of growth was recorded in 2013 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

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

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

Paper Moulding Machine Imports

Imports in Africa

In 2022, overseas purchases of machines for moulding articles in paper pulp, paper or paperboard decreased by X% to X units, falling for the second year in a row after four years of growth. In general, imports, however, recorded a measured expansion. The pace of growth appeared the most rapid in 2019 when imports increased by X%. The volume of import peaked at X units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, paper moulding machine imports expanded rapidly to $X in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when imports increased by X%. The level of import peaked at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, South Africa (X units), Nigeria (X units) and Algeria (X units) was the key importer of machines for moulding articles in paper pulp, paper or paperboard in Africa, mixing up X% of total import. It was distantly followed by Egypt (X units), comprising a X% share of total imports. The following importers - Ghana (X units), Kenya (X units), Zimbabwe (X units), Ethiopia (X units), Cote d'Ivoire (X units), Mauritius (X units), Libya (X units), Somalia (X units) and Rwanda (X units) - together made up X% of total imports.

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

In value terms, South Africa ($X), Algeria ($X) and Egypt ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Mauritius, Ghana, Nigeria, Ethiopia, Cote d'Ivoire, Kenya, Libya, Rwanda, Somalia and Zimbabwe lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Somalia, with a CAGR of X%, recorded 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, growing by X% against the previous year. In general, the import price, however, saw a pronounced setback. Over the period under review, import prices hit record highs at $X per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat 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 Algeria ($X per unit), while Nigeria ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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