Africa: Thermoforming Machine Market 2025

Thermoforming Machine Market Size in Africa

The African thermoforming machine market surged to $X in 2021, rising by 18% against the previous year. The total consumption indicated moderate growth from 2012 to 2021: its value increased at an average annual rate of +2.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -8.6% against 2019 indices. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Thermoforming Machine Production in Africa

In value terms, thermoforming machine production rose modestly to $X in 2021 estimated in export price. In general, production showed perceptible growth. The pace of growth was the most pronounced in 2015 when the production volume increased by 36% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Thermoforming Machine Exports

Exports in Africa

In 2021, thermoforming machine exports in Africa skyrocketed to X units, rising by 1,000% compared with the previous year's figure. Overall, exports continue to indicate a buoyant expansion. The volume of export peaked at X units in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, thermoforming machine exports skyrocketed to $X in 2021. Over the period under review, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, Algeria (X units) was the largest exporter of thermoforming machines for working rubber or plastics, achieving 70% of total exports. It was distantly followed by South Africa (X units), comprising a 28% share of total exports. Egypt (X units) followed a long way behind the leaders.

Algeria experienced a relatively flat trend pattern with regard to volume of exports of thermoforming machines for working rubber or plastics. At the same time, South Africa (+18.8%) displayed positive paces of growth. Moreover, South Africa emerged as the fastest-growing exporter exported in Africa, with a CAGR of +18.8% from 2012-2021. By contrast, Egypt (-11.5%) illustrated a downward trend over the same period. While the share of Algeria (+70 p.p.) and South Africa (+1.6 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Egypt (-19.8 p.p.) displayed negative dynamics.

In value terms, Algeria ($X) emerged as the largest thermoforming machine supplier in Africa, comprising 98% of total exports. The second position in the ranking was taken by South Africa ($X), with a 0.3% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Algeria was relatively modest. In the other countries, the average annual rates were as follows: South Africa (-17.5% per year) and Egypt (-15.0% per year).

Export Prices by Country

In 2021, the export price in Africa amounted to $X per unit, with an increase of 63% against the previous year. Over the period under review, the export price recorded a buoyant increase. The most prominent rate of growth was recorded in 2020 when the export price increased by 1,538%. The level of export peaked in 2021 and is expected to retain growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Egypt (-3.2%).

Thermoforming Machine Imports

Imports in Africa

In 2021, imports of thermoforming machines for working rubber or plastics in Africa soared to X units, growing by 48% on the previous year. Over the period under review, imports continue to indicate a pronounced expansion. The most prominent rate of growth was recorded in 2019 when imports increased by 51% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are likely to see steady growth in the immediate term.

In value terms, thermoforming machine imports soared to $X in 2021. Total imports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +6.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Angola (X units), distantly followed by Algeria (X units), Nigeria (X units), Gambia (X units) and Egypt (X units) were the key importers of thermoforming machines for working rubber or plastics, together making up 71% of total imports. Ghana (X units), Morocco (X units), Senegal (X units), South Africa (X units), Cote d'Ivoire (X units) and Ethiopia (X units) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Angola (with a CAGR of +72.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Egypt ($X), Algeria ($X) and Nigeria ($X) constituted the countries with the highest levels of imports in 2021, together comprising 51% of total imports. These countries were followed by Angola, Ghana, South Africa, Cote d'Ivoire, Morocco, Ethiopia, Senegal and Gambia, which together accounted for a further 29%.

In terms of the main importing countries, Gambia, with a CAGR of +47.8%, saw the highest growth rate of 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 2021, the import price in Africa amounted to $X per unit, shrinking by -11.4% against the previous year. Import price indicated a measured increase from 2012 to 2021: its price increased at an average annual rate of +3.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, thermoforming machine import price increased by +6.1% against 2019 indices. The pace of growth appeared the most rapid in 2013 when the import price increased by 89% against the previous year. Over the period under review, import prices attained the maximum at $X per unit in 2017; however, from 2018 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Gambia (+37.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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