SADC: Flexographic Printing Machinery Market 2024

Flexographic Printing Machinery Market Size in SADC

In 2022, the SADC flexographic printing machinery market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. Overall, consumption, however, continues to indicate resilient growth. The level of consumption peaked at $X in 2021, and then contracted markedly in the following year.

Flexographic Printing Machinery Production in SADC

In value terms, flexographic printing machinery production expanded sharply to $X in 2022 estimated in export price. The total production indicated a buoyant increase 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, production decreased by X% against 2018 indices. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

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Flexographic Printing Machinery Exports

Exports in SADC

In 2022, shipments abroad of flexographic printing machinery was finally on the rise to reach X units for the first time since 2018, thus ending a three-year declining trend. Over the period under review, exports showed mild growth. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. As a result, the exports reached the peak of X units. From 2019 to 2022, the growth of the exports remained at a lower figure.

In value terms, flexographic printing machinery exports skyrocketed to $X in 2022. Overall, exports posted resilient growth. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

South Africa (X units) represented roughly X% of total exports in 2022.

South Africa was also the fastest-growing in terms of the flexographic printing machinery exports, with a CAGR of X% from 2012 to 2022. While the share of South Africa (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) also remains the largest flexographic printing machinery supplier in SADC.

In South Africa, flexographic printing machinery exports increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in SADC amounted to $X per unit, which is down by X% against the previous year. In general, the export price, however, recorded resilient growth. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2021, and then reduced rapidly in the following year.

As there is only one major export destination, the average price level is determined by prices for South Africa.

From 2012 to 2022, the rate of growth in terms of prices for South Africa amounted to X% per year.

Flexographic Printing Machinery Imports

Imports in SADC

In 2022, imports of flexographic printing machinery in SADC contracted sharply to X units, waning by X% on 2021 figures. Over the period under review, imports, however, continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. The volume of import peaked at X units in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, flexographic printing machinery imports fell notably to $X in 2022. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports reached the peak of $X, and then dropped significantly in the following year.

Imports by Country

In 2022, Tanzania (X units) represented the largest importer of flexographic printing machinery, mixing up X% of total imports. South Africa (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Mauritius (X%) and Angola (X%). Malawi (X units), Madagascar (X units) and Zambia (X units) held a little share of total imports.

Tanzania was also the fastest-growing in terms of the flexographic printing machinery imports, with a CAGR of X% from 2012 to 2022. At the same time, Mauritius (X%), Malawi (X%), Madagascar (X%), Angola (X%) and Zambia (X%) displayed positive paces of growth. By contrast, South Africa (X%) illustrated a downward trend over the same period. Tanzania (X p.p.), Mauritius (X p.p.) and Malawi (X p.p.) significantly strengthened its position in terms of the total imports, while South Africa saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported flexographic printing machinery in SADC, comprising X% of total imports. The second position in the ranking was taken by Tanzania ($X), with a X% share of total imports. It was followed by Zambia, with a X% share.

In South Africa, flexographic printing machinery imports declined by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Tanzania (X% per year) and Zambia (X% per year).

Import Prices by Country

The import price in SADC stood at $X per unit in 2022, waning by X% against the previous year. In general, the import price saw a deep reduction. The most prominent rate of growth was recorded in 2016 when the import price increased by X%. The level of import peaked at $X per unit in 2014; however, from 2015 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 South Africa ($X per unit), while Mauritius ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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