Africa: Paper Machinery Market 2024

Paper Machinery Market Size in Africa

In 2023, the African paper machinery market increased by X% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2023, consumption remained at a lower figure.

Paper Machinery Production in Africa

In value terms, paper machinery production totaled $X in 2023 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 2014 when the production volume increased by X%. The level of production peaked at $X in 2017; however, from 2018 to 2023, production failed to regain momentum.

Paper Machinery Exports

Exports in Africa

In 2023, exports of machinery for making paper or paperboard in Africa skyrocketed to X units, growing by X% on the year before. Overall, exports, however, faced a dramatic decline. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X units in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

In value terms, paper machinery exports soared to $X in 2023. Over the period under review, exports, however, saw a abrupt slump. Over the period under review, the exports hit record highs at $X in 2021; however, from 2022 to 2023, the exports failed to regain momentum.

Exports by Country

South Africa represented the largest exporting country with an export of around X units, which accounted for X% of total exports. Tunisia (X units) took an X% share (based on physical terms) of total exports, which put it in second place, followed by Swaziland (X%).

South Africa was also the fastest-growing in terms of the machinery for making paper or paperboard exports, with a CAGR of X% from 2012 to 2023. Tunisia (X%) and Swaziland (X%) illustrated a downward trend over the same period. South Africa (X p.p.) and Tunisia (X p.p.) significantly strengthened its position in terms of the total exports, while Swaziland saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, South Africa ($X) emerged as the largest paper machinery supplier in Africa, comprising X% of total exports. The second position in the ranking was held by Tunisia ($X), with an X% share of total exports.

From 2012 to 2023, the average annual rate of growth in terms of value in South Africa stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Tunisia (X% per year) and Swaziland (X% per year).

Export Prices by Country

In 2023, the export price in Africa amounted to $X per unit, with an increase of X% against the previous year. In general, the export price enjoyed a resilient increase. Over the period under review, the export prices attained the maximum at $X per unit in 2020; however, from 2021 to 2023, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was South Africa ($X per unit), while Swaziland ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Tunisia (X%), while the other leaders experienced mixed trends in the export price figures.

Paper Machinery Imports

Imports in Africa

In 2023, supplies from abroad of machinery for making paper or paperboard increased by X% to X units, rising for the second year in a row after two years of decline. In general, imports showed perceptible growth. The volume of import peaked at X units in 2019; however, from 2020 to 2023, imports remained at a lower figure.

In value terms, paper machinery imports soared to $X in 2023. Over the period under review, imports, however, saw a relatively flat trend pattern. The level of import peaked at $X in 2019; however, from 2020 to 2023, imports remained at a lower figure.

Imports by Country

In 2023, Nigeria (X units) represented the main importer of machinery for making paper or paperboard, constituting X% of total imports. It was distantly followed by Morocco (X units), generating a X% share of total imports. The following importers - Egypt (X units), Ghana (X units), Madagascar (X units), Algeria (X units) and Ethiopia (X units) - each finished at a X% share of total imports.

Nigeria was also the fastest-growing in terms of the machinery for making paper or paperboard imports, with a CAGR of X% from 2012 to 2023. At the same time, Ghana (X%), Madagascar (X%), Ethiopia (X%) and Egypt (X%) displayed positive paces of growth. By contrast, Algeria (X%) and Morocco (X%) illustrated a downward trend over the same period. Nigeria (X p.p.) and Ghana (X p.p.) significantly strengthened its position in terms of the total imports, while Algeria and Morocco saw its share reduced by X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Nigeria ($X) constitutes the largest market for imported machinery for making paper or paperboard in Africa, comprising X% of total imports. The second position in the ranking was held by Egypt ($X), with a X% share of total imports. It was followed by Morocco, with a X% share.

From 2012 to 2023, the average annual growth rate of value in Nigeria stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Egypt (X% per year) and Morocco (X% per year).

Import Prices by Country

The import price in Africa stood at $X per unit in 2023, rising by X% against the previous year. In general, the import price, however, recorded a noticeable shrinkage. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2018 to 2023, the import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Morocco ($X per unit), while Ghana ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform