Updated Oct 2, 2022 06:24

Beverage Manufacturing Press Market in Africa

Market Overview
Please note: Annual data for 2022 are preliminary and subject to revision
After two years of growth, the African beverage manufacturing press market decreased by -% to $ in . Overall, consumption, however, showed a perceptible slump. As a result, consumption reached the peak level of $. From 2009 to , the growth of the market remained at a somewhat lower figure.

In value terms, beverage manufacturing press production declined to $ in estimated in export price. Over the period under review, production continues to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2008 with an increase of % against the previous year. As a result, production attained the peak level of $. From 2009 to , production growth failed to regain momentum.

The country with the largest volume of beverage manufacturing press production was Democratic Republic of the Congo ( tons), accounting for % of total volume. Moreover, beverage manufacturing press production in Democratic Republic of the Congo exceeded the figures recorded by the second-largest producer, South Africa ( tons), twofold. Ghana ( tons) ranked third in terms of total production with a % share.

From 2007 to , the average annual rate of growth in terms of volume in Democratic Republic of the Congo amounted to -%. The remaining producing countries recorded the following average annual rates of production growth: South Africa (+% per year) and Ghana (+% per year).


Consumption
Please note: Annual data for 2022 are preliminary and subject to revision
In , consumption of presses and crushers for beverages manufacturing decreased by -% to tons for the first time since 2018, thus ending a three-year rising trend. In general, consumption showed a relatively flat trend pattern. Over the period under review, consumption attained the maximum volume at tons in 2012; however, from 2013 to , consumption stood at a somewhat lower figure.

The size of the beverage manufacturing press market in Africa shrank slightly to $ in , which is down by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate a perceptible reduction. As a result, consumption attained the peak level of $. From 2009 to , the growth of the market remained at a somewhat lower figure.


Consumption by Country
Please note: Annual data for 2022 are preliminary and subject to revision
The countries with the highest volumes of consumption in were Democratic Republic of the Congo ( tons), South Africa ( tons) and Ghana ( tons), with a combined % share of total consumption. These countries were followed by Niger, Mali, Benin, Rwanda, Sierra Leone, Eritrea, Liberia and Morocco, which together accounted for a further %.

From 2007 to , the most notable rate of growth in terms of consumption, amongst the main consuming countries, was attained by Morocco (with a CAGR of +%), while consumption for the other leaders experienced more modest paces of growth.

In value terms, Democratic Republic of the Congo ($) led the market, alone. The second position in the ranking was taken by South Africa ($). It was followed by Niger.

In Democratic Republic of the Congo, the beverage manufacturing press market shrank by an average annual rate of -% over the period from 2007-. The remaining consuming countries recorded the following average annual rates of market growth: South Africa (-% per year) and Niger (+% per year).

In No countries beverage manufacturing press per capita consumption remained relatively stable over the period from 2007-.


Market Forecast
Please note: Annual data for 2022 are preliminary and subject to revision
Depressed by shrinking demand for beverage manufacturing press in Africa, the market is expected to continue its downward consumption trend over the next eight years. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to depress the market volume to tons by the end of .

In value terms, the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .