South Africa: Printing Press Market 2024

Printing Press Market Size in South Africa

The South African printing press market skyrocketed to $X in 2022, jumping by 19% against the previous year. The market value increased at an average annual rate of +1.8% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Printing Press Production in South Africa

In value terms, printing press production amounted to less than $X in 2022 estimated in export price. In general, production, however, saw a sharp setback. The growth pace was the most rapid in 2017 with a decrease of -20.3% against the previous year. Printing press production peaked at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

Printing Press Exports

Exports from South Africa

In 2022, overseas shipments of printing presses increased by 41% to X units, rising for the second consecutive year after two years of decline. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of 80% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, printing press exports skyrocketed to $X in 2022. Over the period under review, exports, however, saw a noticeable descent. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Zimbabwe (X units) was the main destination for printing press exports from South Africa, accounting for a 23% share of total exports. Moreover, printing press exports to Zimbabwe exceeded the volume sent to the second major destination, Lesotho (X units), twofold. The third position in this ranking was taken by Turkey (X units), with an 11% share.

From 2012 to 2022, the average annual growth rate of volume to Zimbabwe stood at +32.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lesotho (+1.6% per year) and Turkey (+40.1% per year).

In value terms, Zimbabwe ($X) emerged as the key foreign market for printing presses exports from South Africa, comprising 44% of total exports. The second position in the ranking was taken by Turkey ($X), with a 6.5% share of total exports. It was followed by Namibia, with a 6.4% share.

From 2012 to 2022, the average annual growth rate of value to Zimbabwe totaled +24.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (+47.3% per year) and Namibia (-11.3% per year).

Export Prices by Country

The average printing press export price stood at $X per unit in 2022, increasing by 26% against the previous year. Overall, the export price, however, recorded a perceptible curtailment. The growth pace was the most rapid in 2013 when the average export price increased by 173% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Zimbabwe ($X per unit), while the average price for exports to France ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+5.1%), while the prices for the other major destinations experienced mixed trend patterns.

Printing Press Imports

Imports into South Africa

In 2022, printing press imports into South Africa surged to X units, growing by 95% on the year before. In general, imports enjoyed a moderate increase. The most prominent rate of growth was recorded in 2020 when imports increased by 151%. As a result, imports attained the peak of X units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, printing press imports plummeted to $X in 2022. Overall, imports, however, recorded a deep reduction. The pace of growth appeared the most rapid in 2017 with an increase of 49%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of printing press to South Africa, accounting for a 81% share of total imports. Moreover, printing press imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), more than tenfold. The third position in this ranking was held by Thailand (X units), with a 2.6% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +20.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-2.9% per year) and Thailand (+12.4% per year).

In value terms, Germany ($X), China ($X) and Thailand ($X) were the largest printing press suppliers to South Africa, with a combined 63% share of total imports. Italy, Portugal, Austria, Taiwan (Chinese) and Australia lagged somewhat behind, together accounting for a further 11%.

Portugal, with a CAGR of +49.0%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average printing press import price amounted to $X per unit, with a decrease of -63.2% against the previous year. In general, the import price saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 an increase of 188% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Australia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+20.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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