Western Africa: Flexographic Printing Machinery Market 2025

Flexographic Printing Machinery Market Size in Western Africa

For the third consecutive year, the West African flexographic printing machinery market recorded decline in sales value, which decreased by -29.1% to $X in 2022. Overall, consumption continues to indicate a mild contraction. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Flexographic Printing Machinery Production in Western Africa

In value terms, flexographic printing machinery production totaled $X in 2022 estimated in export price. Overall, production saw a mild setback. The pace of growth appeared the most rapid in 2015 when the production volume increased by 59% against the previous year. Over the period under review, production attained the peak level at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Flexographic Printing Machinery Exports

Exports in Western Africa

In 2022, after two years of growth, there was decline in overseas shipments of flexographic printing machinery, when their volume decreased by 0% to X units. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 1,150%. As a result, the exports reached the peak of X units. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, flexographic printing machinery exports fell sharply to $X in 2022. Overall, exports showed a abrupt descent. The most prominent rate of growth was recorded in 2015 with an increase of 1,710% against the previous year. Over the period under review, the exports reached the maximum at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

The biggest shipments were from Nigeria (X units), together resulting at 100% of total export.

Nigeria experienced a relatively flat trend pattern with regard to volume of exports of flexographic printing machinery. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Nigeria ($X) also remains the largest flexographic printing machinery supplier in Western Africa.

From 2012 to 2022, the average annual rate of growth in terms of value in Nigeria totaled -14.6%.

Export Prices by Country

The export price in Western Africa stood at $X per unit in 2022, with a decrease of -34.3% against the previous year. Overall, the export price continues to indicate a abrupt decline. The growth pace was the most rapid in 2015 when the export price increased by 624%. Over the period under review, the export prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Nigeria.

From 2012 to 2022, the rate of growth in terms of prices for Nigeria amounted to -14.6% per year.

Flexographic Printing Machinery Imports

Imports in Western Africa

In 2022, supplies from abroad of flexographic printing machinery decreased by -15.9% to X units, falling for the third year in a row after two years of growth. Over the period under review, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of 212%. As a result, imports reached the peak of X units. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, flexographic printing machinery imports dropped dramatically to $X in 2022. In general, imports showed a mild contraction. The pace of growth was the most pronounced in 2019 with an increase of 232%. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Senegal (X units) and Nigeria (X units) represented the largest importers of flexographic printing machinery in 2022, finishing at near 36% and 32% of total imports, respectively. Ghana (X units) ranks next in terms of the total imports with an 11% share, followed by Cote d'Ivoire (7.9%) and Burkina Faso (5.3%). Guinea (X units) and Benin (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Burkina Faso (with a CAGR of +14.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Nigeria ($X), Senegal ($X) and Cote d'Ivoire ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined 86% share of total imports.

Senegal, with a CAGR of +28.8%, saw the highest rates of growth with regard to the value of imports, among the main importing countries 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 Western Africa amounted to $X per unit, declining by -6.5% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the import price increased by 87% against the previous year. The level of import peaked at $X per unit in 2017; however, from 2018 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 Cote d'Ivoire ($X per unit), while Benin ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Senegal (+12.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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