Africa: Stamping Foil Market 2024

Stamping Foil Market Size in Africa

The African stamping foil market reduced to $X in 2022, which is down by X% against the previous year. The total consumption indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. The level of consumption peaked at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Stamping Foil Production in Africa

In value terms, stamping foil production declined modestly to $X in 2022 estimated in export price. In general, production, however, continues to indicate a prominent expansion. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. The level of production peaked at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Stamping Foil Exports

Exports in Africa

In 2022, approx. X tons of stamping foils were exported in Africa; falling by X% on 2021. In general, exports, however, continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, stamping foil exports declined rapidly to $X in 2022. Overall, exports, however, enjoyed strong growth. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, the exports attained the peak of $X, and then dropped rapidly in the following year.

Exports by Country

South Africa represented the largest exporter of stamping foils in Africa, with the volume of exports finishing at X tons, which was near X% of total exports in 2022. Tunisia (X tons) ranks second in terms of the total exports with a X% share, followed by Morocco (X%) and Cameroon (X%).

Exports from South Africa increased at an average annual rate of X% from 2012 to 2022. At the same time, Morocco (X%) and Tunisia (X%) displayed positive paces of growth. Moreover, Morocco emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. By contrast, Cameroon (X%) illustrated a downward trend over the same period. While the share of Tunisia (X p.p.), Morocco (X p.p.) and Cameroon (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of South Africa (X p.p.) displayed negative dynamics.

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

In terms of the main exporting countries, Morocco, with a CAGR of X%, recorded 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 export price in Africa stood at $X per ton in 2022, with a decrease of X% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton, and then dropped markedly in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Morocco ($X per ton), while South Africa ($X per ton) was amongst the lowest.

From 2012 to 2022, 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.

Stamping Foil Imports

Imports in Africa

In 2022, approx. X tons of stamping foils were imported in Africa; approximately reflecting the previous year's figure. Total imports indicated a pronounced expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, stamping foil imports fell to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2018 with an increase of X%. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, South Africa (X tons) represented the main importer of stamping foils, creating X% of total imports. Egypt (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Morocco (X%), Nigeria (X%), Tanzania (X%), Tunisia (X%) and Algeria (X%).

From 2012 to 2022, average annual rates of growth with regard to stamping foil imports into South Africa stood at X%. At the same time, Tanzania (X%), Algeria (X%), Tunisia (X%), Morocco (X%) and Nigeria (X%) displayed positive paces of growth. Moreover, Tanzania emerged as the fastest-growing importer imported in Africa, with a CAGR of X% from 2012-2022. By contrast, Egypt (X%) illustrated a downward trend over the same period. South Africa (X p.p.), Tanzania (X p.p.), Algeria (X p.p.), Tunisia (X p.p.) and Morocco (X p.p.) significantly strengthened its position in terms of the total imports, while Egypt saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X), Nigeria ($X) and Egypt ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Morocco, Tunisia, Algeria and Tanzania lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Algeria, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, 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 ton, which is down by X% against the previous year. In general, the import price recorded a mild contraction. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. The level of import peaked at $X per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Nigeria ($X per ton), while Tanzania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nigeria (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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