Africa: Ironing Machine Market 2022

Ironing Machine Market Size in Africa

The African ironing machine market soared to $X in 2021, picking up by X% against the previous year. Over the period under review, consumption enjoyed a remarkable increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Ironing Machine Production in Africa

In value terms, ironing machine production declined significantly to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X, and then contracted notably in the following year.

Ironing Machine Exports

Exports in Africa

In 2021, exports of ironing machines and presses in Africa rose slightly to X units, surging by X% compared with 2020. In general, exports saw strong growth. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. The volume of export peaked in 2021 and is expected to retain growth in years to come.

In value terms, ironing machine exports reached $X in 2021. Overall, exports, however, recorded a pronounced downturn. The most prominent rate of growth was recorded in 2019 with an increase of X%. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Tunisia prevails in exports structure, resulting at X units, which was near X% of total exports in 2021. Egypt (X units) took the second position in the ranking, followed by South Africa (X units) and Morocco (X units). All these countries together held approx. X% share of total exports. Botswana (X units) held a little share of total exports.

Tunisia was also the fastest-growing in terms of the ironing machines and presses exports, with a CAGR of +X% from 2012 to 2021. At the same time, Egypt (+X%), South Africa (+X%) and Morocco (+X%) displayed positive paces of growth. By contrast, Botswana (-X%) illustrated a downward trend over the same period. While the share of Tunisia (+X p.p.) and Egypt (+X p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Botswana (-X p.p.), Morocco (-X p.p.) and South Africa (-X p.p.) displayed negative dynamics.

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

Egypt, with a CAGR of +X%, saw the highest growth rate of the value of exports, in terms of 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

The export price in Africa stood at $X per unit in 2021, rising by X% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt slump. The pace of growth was the most pronounced in 2018 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was South Africa ($X per unit), while Botswana ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Morocco (+X%), while the other leaders experienced a decline in the export price figures.

Ironing Machine Imports

Imports in Africa

In 2021, approx. X units of ironing machines and presses were imported in Africa; jumping by X% on the previous year. Overall, imports enjoyed significant growth. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, ironing machine imports soared to $X in 2021. Over the period under review, imports posted buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Nigeria dominates imports structure, amounting to X units, which was approx. X% of total imports in 2021. Ethiopia (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Morocco (X%). Egypt (X units) held a relatively small share of total imports.

Nigeria was also the fastest-growing in terms of the ironing machines and presses imports, with a CAGR of +X% from 2012 to 2021. At the same time, Ethiopia (+X%), Egypt (+X%) and Morocco (+X%) displayed positive paces of growth. From 2012 to 2021, the share of Nigeria increased by +X percentage points. Ethiopia (-X p.p.), Egypt (-X p.p.) and Morocco (-X p.p.) saw their shares reduced.

In value terms, Nigeria ($X) constitutes the largest market for imported ironing machines and presses in Africa, comprising X% of total imports. The second position in the ranking was taken by Ethiopia ($X), with a X% share of total imports. It was followed by Morocco, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Nigeria amounted to +X%. In the other countries, the average annual rates were as follows: Ethiopia (+X% per year) and Morocco (+X% per year).

Import Prices by Country

In 2021, the import price in Africa amounted to $X per unit, which is down by -X% against the previous year. In general, the import price continues to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2015 an increase of X%. Over the period under review, import prices reached the maximum at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Egypt ($X per unit), while Morocco ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ethiopia (+X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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