
ECOWAS - Reel Fed Offset Printing Machinery - Market Analysis, Forecast, Size, Trends and Insights
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View PricingECOWAS: Market for Reel Fed Offset Printing Machinery 2025
Market Size for Reel Fed Offset Printing Machinery in ECOWAS
After two years of decline, the ECOWAS market for reel fed offset printing machinery increased by 17% to $X in 2022. Overall, consumption recorded slight growth. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.
Production of Reel Fed Offset Printing Machinery in ECOWAS
In value terms, reel fed offset printing machinery production totaled $X in 2022 estimated in export price. In general, production continues to indicate a slight downturn. The pace of growth was the most pronounced in 2014 when the production volume increased by 24%. The level of production peaked at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.
Exports of Reel Fed Offset Printing Machinery
Exports in ECOWAS
In 2022, reel fed offset printing machinery exports in ECOWAS soared to X units, picking up by 30% on 2021 figures. In general, exports continue to indicate a perceptible expansion. The pace of growth appeared the most rapid in 2014 with an increase of 300%. Over the period under review, the exports hit record highs at X units in 2015; however, from 2016 to 2022, the exports remained at a lower figure.
In value terms, reel fed offset printing machinery exports skyrocketed to $X in 2022. Over the period under review, exports, however, continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2014 when exports increased by 1,806%. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.
Exports by Country
Ghana represented the largest exporter of reel fed offset printing machinery in ECOWAS, with the volume of exports recording X units, which was near 69% of total exports in 2022. It was distantly followed by Nigeria (X units), making up a 31% share of total exports.
Ghana was also the fastest-growing in terms of the reel fed offset printing machinery exports, with a CAGR of +11.6% from 2012 to 2022. Nigeria (-4.0%) illustrated a downward trend over the same period. While the share of Ghana (+36 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Nigeria (-35.9 p.p.) displayed negative dynamics.
In value terms, Ghana ($X) remains the largest reel fed offset printing machinery supplier in ECOWAS, comprising 56% of total exports. The second position in the ranking was taken by Nigeria ($X), with a 13% share of total exports.
From 2012 to 2022, the average annual growth rate of value in Ghana stood at +16.1%.
Export Prices by Country
In 2022, the export price in ECOWAS amounted to $X per unit, leveling off at the previous year. In general, the export price saw a abrupt slump. The most prominent rate of growth was recorded in 2014 when the export price increased by 376%. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Ghana ($X per unit), while Nigeria amounted to $X per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ghana (+4.1%).
Imports of Reel Fed Offset Printing Machinery
Imports in ECOWAS
In 2022, supplies from abroad of reel fed offset printing machinery increased by 5.7% to X units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of 277%. As a result, imports reached the peak of X units. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, reel fed offset printing machinery imports dropped to $X in 2022. In general, imports, however, continue to indicate a perceptible descent. The most prominent rate of growth was recorded in 2014 when imports increased by 149% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.
Imports by Country
Nigeria was the key importer of reel fed offset printing machinery in ECOWAS, with the volume of imports recording X units, which was approx. 61% of total imports in 2022. It was distantly followed by Ghana (X units) and Cote d'Ivoire (X units), together comprising a 22% share of total imports. Senegal (X units), Guinea (X units), Niger (X units) and Togo (X units) held a little share of total imports.
Imports into Nigeria increased at an average annual rate of +7.3% from 2012 to 2022. At the same time, Guinea (+24.2%), Niger (+23.1%), Togo (+10.9%), Ghana (+8.0%) and Senegal (+5.5%) displayed positive paces of growth. Moreover, Guinea emerged as the fastest-growing importer imported in ECOWAS, with a CAGR of +24.2% from 2012-2022. By contrast, Cote d'Ivoire (-20.6%) illustrated a downward trend over the same period. While the share of Nigeria (+33 p.p.), Ghana (+9.3 p.p.), Guinea (+3.2 p.p.), Niger (+2.9 p.p.), Togo (+2 p.p.) and Senegal (+1.9 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Cote d'Ivoire (-47.4 p.p.) displayed negative dynamics.
In value terms, Nigeria ($X) constitutes the largest market for imported reel fed offset printing machinery in ECOWAS, comprising 52% of total imports. The second position in the ranking was taken by Ghana ($X), with a 13% share of total imports. It was followed by Senegal, with an 11% share.
From 2012 to 2022, the average annual rate of growth in terms of value in Nigeria stood at -4.1%. In the other countries, the average annual rates were as follows: Ghana (+1.9% per year) and Senegal (+15.2% per year).
Import Prices by Country
The import price in ECOWAS stood at $X per unit in 2022, waning by -12.9% against the previous year. In general, the import price saw a slight shrinkage. The most prominent rate of growth was recorded in 2016 when the import price increased by 48% against the previous year. The level of import peaked at $X per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Senegal ($X per unit), while Togo ($X per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Guinea (+15.1%), while the other leaders experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for reel fed offset printing machinery in ECOWAS. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28991330 - Reel fed offset printing machinery
Country coverage:
- Benin
- Burkina Faso
- Cabo Verde
- Gambia
- Ghana
- Guinea
- Guinea-Bissau
- Liberia
- Mali
- Niger
- Nigeria
- Senegal
- Sierra Leone
- Togo
- Cote d'Ivoire
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in ECOWAS, split by region and country
- Trade (exports and imports) in ECOWAS
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND THE AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional EditionPRO
3. MARKET OVERVIEW
Understanding the Current State of The Market and its Prospects
- MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- CONSUMPTION BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET FORECAST TO 2035
4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION
Finding New Products to Diversify Your Business
- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCTS
- MOST TRADED PRODUCTS
- MOST PROFITABLE PRODUCTS FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Export
- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- PRODUCTION BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
-
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Benin
- Burkina Faso
- Cabo Verde
- Gambia
- Ghana
- Guinea
- Guinea-Bissau
- Liberia
- Mali
- Niger
- Nigeria
- Senegal
- Sierra Leone
- Togo
- Cote d'Ivoire
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption, by Country, 2022–2024
- Production, In Physical Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Value Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
- Import Prices, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Physical Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Value Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
- Export Prices, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
LIST OF FIGURES
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Consumption, by Country, 2024
- Market Volume Forecast to 2035
- Market Value Forecast to 2035
- Market Size and Growth, By Product
- Average Per Capita Consumption, By Product
- Exports and Growth, By Product
- Export Prices and Growth, By Product
- Production Volume and Growth
- Exports and Growth
- Export Prices and Growth
- Market Size and Growth
- Per Capita Consumption
- Imports and Growth
- Import Prices
- Production, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Production, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Production, by Country, 2024
- Production, In Physical Terms, by Country: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Value Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
- Import Prices, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Value Terms, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
- Export Prices, By Country: Historical Data (2012–2024) and Forecast (2025–2035)
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