South Africa: Multitask Printer Market 2024

Multitask Printer Market Size in South Africa

In 2023, the South African multitask printer market decreased by X% to $X, falling for the fourth consecutive year after three years of growth. Overall, consumption continues to indicate a perceptible shrinkage. Multitask printer consumption peaked at $X in 2019; however, from 2020 to 2023, consumption remained at a lower figure.

Multitask Printer Exports

Exports from South Africa

After two years of growth, shipments abroad of multitask printers, copymachines and facsimile machines decreased by X% to X units in 2023. In general, exports saw a noticeable decrease. The pace of growth was the most pronounced in 2022 when exports increased by X% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

In value terms, multitask printer exports declined to $X in 2023. Overall, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2022 when exports increased by X%. The exports peaked at $X in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Hong Kong SAR (X units), Zimbabwe (X units) and France (X units) were the main destinations of multitask printer exports from South Africa, with a combined X% share of total exports.

From 2012 to 2023, the biggest increases were recorded for France (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Zimbabwe ($X), Botswana ($X) and the Netherlands ($X) constituted the largest markets for multitask printer exported from South Africa worldwide, together accounting for X% of total exports. Namibia, Zambia, Madagascar, France, Mozambique, Hong Kong SAR, Swaziland, Mauritius, Lesotho and Belgium lagged somewhat behind, together comprising a further X%.

France, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average multitask printer export price stood at $X per unit in 2023, rising by X% against the previous year. Over the period under review, export price indicated a slight expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, multitask printer export price decreased by X% against 2021 indices. The pace of growth appeared the most rapid in 2013 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2014; however, from 2015 to 2023, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($X per unit), while the average price for exports to Hong Kong SAR ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Namibia (X%), while the prices for the other major destinations experienced more modest paces of growth.

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Multitask Printer Imports

Imports into South Africa

In 2023, the amount of multitask printers, copymachines and facsimile machines imported into South Africa contracted dramatically to X units, dropping by X% against the previous year. Over the period under review, imports continue to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of X%. Imports peaked at X units in 2019; however, from 2020 to 2023, imports failed to regain momentum.

In value terms, multitask printer imports shrank to $X in 2023. In general, imports recorded a noticeable curtailment. The growth pace was the most rapid in 2018 when imports increased by X%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2023, imports failed to regain momentum.

Imports by Country

Thailand (X units), Vietnam (X units) and China (X units) were the main suppliers of multitask printer imports to South Africa, with a combined X% share of total imports. The Philippines, South Korea and Switzerland lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Philippines (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of multitask printers, copymachines and facsimile machines to South Africa, comprising X% of total imports. The second position in the ranking was taken by Vietnam ($X), with a X% share of total imports. It was followed by Thailand, with a X% share.

From 2012 to 2023, the average annual growth rate of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (X% per year) and Thailand (X% per year).

Import Prices by Country

The average multitask printer import price stood at $X per unit in 2023, picking up by X% against the previous year. Over the period under review, the import price, however, continues to indicate a slight downturn. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2012; however, from 2013 to 2023, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per unit), while the price for Switzerland ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Vietnam (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform