SADC: Gravure Printing Machinery Market 2024

Gravure Printing Machinery Market Size in SADC

In 2022, the SADC gravure printing machinery market decreased by X% to $X, falling for the second consecutive year after two years of growth. In general, consumption continues to indicate a notable expansion. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Gravure Printing Machinery Production in SADC

In value terms, gravure printing machinery production skyrocketed to $X in 2022 estimated in export price. In general, production, however, continues to indicate a significant increase. The pace of growth was the most pronounced in 2013 with an increase of X%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

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Gravure Printing Machinery Exports

Exports in SADC

Gravure printing machinery exports shrank notably to X units in 2022, falling by X% on the year before. Overall, exports, however, recorded a buoyant increase. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. The volume of export peaked at X units in 2021, and then fell markedly in the following year.

In value terms, gravure printing machinery exports reduced notably to $X in 2022. Over the period under review, exports, however, recorded notable growth. The pace of growth appeared the most rapid in 2015 when exports increased by X%. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

The shipments of the one major exporters of gravure printing machinery, namely South Africa, represented more than two-thirds of total export.

South Africa was also the fastest-growing in terms of the gravure printing machinery exports, with a CAGR of X% from 2012 to 2022. South Africa (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

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

Export Prices by Country

The export price in SADC stood at $X per unit in 2022, growing by X% against the previous year. Overall, the export price, however, continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2016 an increase of X%. The level of export peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

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.

Gravure Printing Machinery Imports

Imports in SADC

Gravure printing machinery imports surged to X units in 2022, growing by X% against 2021. Over the period under review, imports showed resilient growth. The pace of growth appeared the most rapid in 2020 with an increase of X%. As a result, imports attained the peak of X units. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, gravure printing machinery imports declined sharply to $X in 2022. In general, imports, however, saw a deep reduction. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Democratic Republic of the Congo was the key importing country with an import of around X units, which finished at X% of total imports. South Africa (X units) took the second position in the ranking, distantly followed by Mauritius (X units). All these countries together took approx. X% share of total imports. Angola (X units) and Tanzania (X units) followed a long way behind the leaders.

Democratic Republic of the Congo was also the fastest-growing in terms of the gravure printing machinery imports, with a CAGR of X% from 2012 to 2022. At the same time, Tanzania (X%), Angola (X%) and South Africa (X%) displayed positive paces of growth. By contrast, Mauritius (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Democratic Republic of the Congo increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2022, the average annual growth rate of value in Tanzania stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Angola (X% per year) and Mauritius (X% per year).

Import Prices by Country

The import price in SADC stood at $X per unit in 2022, reducing by X% against the previous year. In general, the import price recorded a dramatic shrinkage. The pace of growth appeared the most rapid in 2021 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Tanzania ($X per unit), while Democratic Republic of the Congo ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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