South Africa: Market for Reel Fed Offset Printing Machinery 2024

Market Size for Reel Fed Offset Printing Machinery in South Africa

After two years of growth, the South African market for reel fed offset printing machinery decreased by X% to $X in 2022. In general, consumption recorded a abrupt curtailment. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Reel Fed Offset Printing Machinery in South Africa

In value terms, reel fed offset printing machinery production stood at $X in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2020; afterwards, it flattened through to 2022.

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Exports of Reel Fed Offset Printing Machinery

Exports from South Africa

In 2022, reel fed offset printing machinery exports from South Africa rose sharply to X units, increasing by X% on the year before. In general, exports showed a notable expansion. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. As a result, the exports reached the peak of X units. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, reel fed offset printing machinery exports reduced to $X in 2022. Overall, exports, however, continue to indicate a perceptible slump. The most prominent rate of growth was recorded in 2014 when exports increased by X%. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Zambia (X units), Lesotho (X units) and France (X units) were the main destinations of reel fed offset printing machinery exports from South Africa, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Zambia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Zambia ($X), Zimbabwe ($X) and Lesotho ($X) constituted the largest markets for reel fed offset printing machinery exported from South Africa worldwide, with a combined X% share of total exports.

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

Export Prices by Country

The average export price for reel fed offset printing machinery stood at $X per unit in 2022, dropping by X% against the previous year. In general, the export price showed a abrupt descent. The most prominent rate of growth was recorded in 2013 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Zimbabwe (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Reel Fed Offset Printing Machinery

Imports into South Africa

After two years of growth, overseas purchases of reel fed offset printing machinery decreased by X% to X units in 2022. Overall, imports showed a abrupt downturn. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X units in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, reel fed offset printing machinery imports contracted dramatically to $X in 2022. In general, imports saw a significant decrease. The pace of growth was the most pronounced in 2021 with an increase of X%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Germany (X units) constituted the largest supplier of reel fed offset printing machinery to South Africa, accounting for a X% share of total imports. Moreover, reel fed offset printing machinery imports from Germany exceeded the figures recorded by the second-largest supplier, Vietnam (X units), threefold. China (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (X% per year) and China (X% per year).

In value terms, Germany ($X) constituted the largest supplier of reel fed offset printing machinery to South Africa, comprising X% of total imports. The second position in the ranking was held by Vietnam ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Germany totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (X% per year) and China (X% per year).

Import Prices by Country

In 2022, the average import price for reel fed offset printing machinery amounted to $X per unit, which is down by X% against the previous year. In general, the import price showed a sharp reduction. The pace of growth was the most pronounced in 2021 when the average import price increased by X%. Over the period under review, average import prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($X per unit), while the price for Vietnam ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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