Africa: Confectionery-Making Industrial Machinery Market 2024

Confectionery-Making Industrial Machinery Market Size in Africa

The African confectionery-making industrial machinery market soared to $X in 2023, rising by X% against the previous year. The total consumption indicated prominent growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2019; however, from 2020 to 2023, consumption remained at a lower figure.

Confectionery-Making Industrial Machinery Production in Africa

In value terms, confectionery-making industrial machinery production rose sharply to $X in 2023 estimated in export price. The total production indicated a buoyant increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production increased by X% against 2020 indices. The growth pace was the most rapid in 2021 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2023, production stood at a somewhat lower figure.

Confectionery-Making Industrial Machinery Exports

Exports in Africa

In 2023, exports of industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate in Africa soared to X units, increasing by X% on 2022 figures. Total exports indicated a prominent expansion from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. The volume of export peaked in 2023 and is expected to retain growth in the immediate term.

In value terms, confectionery-making industrial machinery exports soared to $X in 2023. In general, exports enjoyed strong growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Egypt was the largest exporter of industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate in Africa, with the volume of exports resulting at X units, which was approx. X% of total exports in 2023. It was distantly followed by Tunisia (X units), Namibia (X units), South Africa (X units) and Kenya (X units), together comprising a X% share of total exports. The following exporters - Ghana (X units) and Morocco (X units) - each finished at a X% share of total exports.

From 2012 to 2023, the biggest increases were recorded for Egypt (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Egypt ($X) remains the largest confectionery-making industrial machinery supplier in Africa, comprising X% of total exports. The second position in the ranking was held by Tunisia ($X), with a X% share of total exports. It was followed by South Africa, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in Egypt amounted to X%. In the other countries, the average annual rates were as follows: Tunisia (X% per year) and South Africa (X% per year).

Export Prices by Country

In 2023, the export price in Africa amounted to $X per unit, rising by X% against the previous year. Over the period under review, the export price enjoyed strong growth. The pace of growth was the most pronounced in 2014 an increase of X% against the previous year. The level of export peaked in 2023 and is likely to see gradual growth in years to come.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Namibia (X%), while the other leaders experienced more modest paces of growth.

Confectionery-Making Industrial Machinery Imports

Imports in Africa

After two years of decline, supplies from abroad of industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate increased by X% to X units in 2023. Over the period under review, imports showed buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, confectionery-making industrial machinery imports surged to $X in 2023. In general, imports continue to indicate tangible growth. The pace of growth was the most pronounced in 2018 with an increase of X%. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2023, imports stood at a somewhat lower figure.

Imports by Country

Tanzania (X units), Morocco (X units), Nigeria (X units), Cote d'Ivoire (X units) and Algeria (X units) represented roughly X% of total imports in 2023. Egypt (X units), Cameroon (X units), Zimbabwe (X units), Tunisia (X units), South Africa (X units), Mozambique (X units), Ghana (X units) and Senegal (X units) held a minor share of total imports.

From 2012 to 2023, the biggest increases were recorded for Tanzania (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Morocco ($X), Cote d'Ivoire ($X) and Nigeria ($X) appeared to be the countries with the highest levels of imports in 2023, together accounting for X% of total imports. Egypt, Algeria, South Africa, Tunisia, Cameroon, Zimbabwe, Ghana, Senegal, Tanzania and Mozambique lagged somewhat behind, together accounting for a further X%.

Ghana, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of 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 2023, the import price in Africa amounted to $X per unit, falling by X% against the previous year. Overall, the import price continues to indicate a noticeable slump. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. The level of import peaked at $X per unit in 2014; however, from 2015 to 2023, import prices failed to regain momentum.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Ghana (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform