SADC: Book Folding Machine Market 2024

Book Folding Machine Market Size in SADC

In 2022, the SADC book folding machine market increased by 31% to $X, rising for the second consecutive year after two years of decline. Overall, consumption, however, recorded a abrupt contraction. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Book Folding Machine Production in SADC

In value terms, book folding machine production shrank slightly to $X in 2022 estimated in export price. Over the period under review, production recorded a dramatic contraction. The most prominent rate of growth was recorded in 2017 with an increase of 924% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Book Folding Machine Exports

Exports in SADC

In 2022, overseas shipments of folding machines for books decreased by -24.7% to X units for the first time since 2019, thus ending a two-year rising trend. Overall, exports faced a abrupt descent. The most prominent rate of growth was recorded in 2017 when exports increased by 174% against the previous year. The volume of export peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, book folding machine exports contracted remarkably to $X in 2022. In general, exports faced a deep slump. The pace of growth appeared the most rapid in 2017 when exports increased by 114% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Mauritius (X units) was the main exporter of folding machines for books, committing 59% of total exports. It was distantly followed by South Africa (X units), Tanzania (X units) and Swaziland (X units), together committing a 38% share of total exports. Mozambique (X units) followed a long way behind the leaders.

Mauritius was also the fastest-growing in terms of the folding machines for books exports, with a CAGR of +48.6% from 2012 to 2022. At the same time, Mozambique (+29.1%) and Swaziland (+3.3%) displayed positive paces of growth. By contrast, South Africa (-22.2%) and Tanzania (-29.5%) illustrated a downward trend over the same period. While the share of Mauritius (+59 p.p.), Swaziland (+4.6 p.p.) and Mozambique (+2.4 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of South Africa (-31.9 p.p.) and Tanzania (-34.1 p.p.) displayed negative dynamics.

In value terms, South Africa ($X) remains the largest book folding machine supplier in SADC, comprising 61% of total exports. The second position in the ranking was taken by Mauritius ($X), with a 22% share of total exports. It was followed by Swaziland, with a 7.9% share.

In South Africa, book folding machine exports contracted by an average annual rate of -17.1% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Mauritius (+231.0% per year) and Swaziland (-0.4% per year).

Export Prices by Country

The export price in SADC stood at $X per unit in 2022, shrinking by -25.7% against the previous year. Overall, the export price continues to indicate a noticeable decline. The pace of growth was the most pronounced in 2016 an increase of 56%. As a result, the export price reached the peak level of $X per unit. From 2017 to 2022, the export prices failed to regain momentum.

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 South Africa ($X per unit), while Mozambique ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+6.7%), while the other leaders experienced a decline in the export price figures.

Book Folding Machine Imports

Imports in SADC

In 2022, purchases abroad of folding machines for books increased by 26% to X units, rising for the second year in a row after two years of decline. Overall, imports, however, saw a abrupt descent. The volume of import peaked at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, book folding machine imports rose sharply to $X in 2022. Over the period under review, imports, however, recorded a abrupt descent. The pace of growth was the most pronounced in 2018 when imports increased by 34% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, South Africa (X units) and Tanzania (X units) represented the largest importers of folding machines for books in SADC, together amounting to approx. 56% of total imports. Angola (X units) ranks next in terms of the total imports with a 14% share, followed by Malawi (9.9%). Zimbabwe (X units), Democratic Republic of the Congo (X units), Mauritius (X units), Madagascar (X units), Zambia (X units) and Botswana (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Malawi (with a CAGR of +10.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X) constitutes the largest market for imported folding machines for books in SADC, comprising 46% of total imports. The second position in the ranking was taken by Tanzania ($X), with a 20% share of total imports. It was followed by Angola, with a 10% share.

In South Africa, book folding machine imports plunged by an average annual rate of -17.8% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Tanzania (+3.4% per year) and Angola (-8.5% per year).

Import Prices by Country

In 2022, the import price in SADC amounted to $X per unit, falling by -15.3% against the previous year. Import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, book folding machine import price decreased by -22.9% against 2020 indices. The growth pace was the most rapid in 2016 an increase of 38%. Over the period under review, import prices attained the peak figure at $X per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was South Africa ($X per unit), while Democratic Republic of the Congo ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Angola (+18.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform