Africa: Market for Reel Fed Letterpress Printing Machinery 2024

Market Size for Reel Fed Letterpress Printing Machinery in Africa

In 2022, the African market for reel fed letterpress printing machinery was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. Over the period under review, consumption recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Reel Fed Letterpress Printing Machinery in Africa

In value terms, reel fed letterpress printing machinery production dropped slightly to $X in 2022 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Exports of Reel Fed Letterpress Printing Machinery

Exports in Africa

In 2022, the amount of reel fed letterpress printing machinery exported in Africa skyrocketed to X units, increasing by X% against the previous year's figure. Overall, exports enjoyed a prominent increase. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. The volume of export peaked at X units in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, reel fed letterpress printing machinery exports reduced remarkably to $X in 2022. In general, exports, however, saw a abrupt downturn. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the exports reached the maximum at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

South Africa prevails in exports structure, amounting to X units, which was approx. X% of total exports in 2022. It was distantly followed by Tunisia (X units), mixing up a X% share of total exports. The following exporters - Namibia (X units), Nigeria (X units), Egypt (X units), Kenya (X units) and Swaziland (X units) - together made up X% of total exports.

South Africa was also the fastest-growing in terms of the reel fed letterpress printing machinery exports, with a CAGR of X% from 2012 to 2022. Namibia, Swaziland, Nigeria and Tunisia experienced a relatively flat trend pattern. Kenya (X%) and Egypt (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of South Africa, Tunisia, Egypt and Nigeria increased by X, X, X and X percentage points, respectively.

In value terms, the largest reel fed letterpress printing machinery supplying countries in Africa were Egypt ($X), South Africa ($X) and Tunisia ($X), with a combined X% share of total exports.

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

Export Prices by Country

In 2022, the export price in Africa amounted to $X per unit, shrinking by X% against the previous year. Over the period under review, the export price continues to indicate a abrupt setback. The growth pace was the most rapid in 2014 when the export price increased by X%. The level of export peaked at $X per unit in 2012; however, from 2013 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 Egypt ($X per unit), while Kenya ($X per unit) was amongst the lowest.

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

Imports of Reel Fed Letterpress Printing Machinery

Imports in Africa

After two years of decline, supplies from abroad of reel fed letterpress printing machinery increased by X% to X units in 2022. Over the period under review, imports saw a buoyant increase. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. As a result, imports attained the peak of X units. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, reel fed letterpress printing machinery imports skyrocketed to $X in 2022. Overall, imports, however, saw a perceptible descent. The growth pace was the most rapid in 2014 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Rwanda (X units), Democratic Republic of the Congo (X units) and Mozambique (X units) represented the key importer of reel fed letterpress printing machinery in Africa, generating X% of total import. Nigeria (X units) ranks next in terms of the total imports with an X% share, followed by Tanzania (X%) and South Africa (X%). Angola (X units) took a relatively small share of total imports.

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

In value terms, Tanzania ($X), Nigeria ($X) and Angola ($X) appeared to be the countries with the highest levels of imports in 2022, together accounting for X% of total imports.

Tanzania, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main importing countries 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, waning by X% against the previous year. In general, the import price faced a abrupt downturn. The most prominent rate of growth was recorded in 2016 when the import price increased by X%. Over the period under review, import prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a 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 Tanzania (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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