The food and drink machinery market in Africa is on the rise. It’s expected to grow steadily in the coming years, with a projected increase in both market volume and value. Analysts forecast that from 2024 to 2035, the market will expand at a rate of 1.4% in volume and 2.3% in value, driven by a higher demand for machinery used in food and drink production.
The growth trajectory of this market indicates a growing consumption trend. By the end of 2035, experts predict the market volume will reach 567,000 units, and its value will hit approximately $630 million, according to data analytics firm IndexBox.
In 2024 alone, machinery consumption surged to 484,000 units, marking a 54% increase from the previous year. The total revenue for this sector reached $491 million, reflecting a significant rise of 27%. This back-and-forth in market growth emphasizes both the potential and volatility inherent in the food manufacture machinery sector in Africa.
South Africa emerges as a leader in this market, consuming about 220,000 units, which is roughly 46% of total consumption. In comparison, Kenya followed with only 52,000 units. Market analysis suggests South Africa’s machinery consumption grew at an annual rate of 9.2% between 2013 and 2024. Meanwhile, Kenya recorded a slightly higher growth rate of 11.4% during the same period.
When it comes to production, Africa produced approximately 159,000 units of this machinery in 2024, marking a 3.4% increase from the year before. Kenya stands out as the leading producer, contributing 38,000 units or 24% of total production. Over recent years, Kenya’s machinery production has shown significant growth, averaging 12.1% annually from 2013 to 2024.
Imports, too, are experiencing impressive growth. In 2024, Africa imported 336,000 units of food manufacture machinery, an increase of 92% from 2023. South Africa was the largest importer, accounting for 65% of total imports. The value of machinery imports reached $235 million, demonstrating robust market activity. Notably, Madagascar showed the most impressive growth among importers, with a staggering annual growth rate of 52.7% from 2013 to 2024.
Statistics show that Africa’s import price of machinery fell significantly, averaging $699 per unit in 2024, down by 42.3% from the previous year. Interestingly, Nigeria commands the highest import prices at $5,100 per unit, while South Africa sees much lower prices around $125 per unit.
On the export front, Africa’s machinery shipments decreased to 10,000 units in 2024, a drop of 25.1%. South Africa dominated these exports, accounting for 97% of the total. The export price was estimated at $1,100 per unit, reflecting a slight increase of 2.6% compared to the year before.
The machinery market in Africa is worth watching due to its growth potential, consumption patterns, and increasing imports. Experts suggest that as more countries in Africa ramp up food production, the demand for upgraded machinery will only accelerate.
For further details, you can visit the IndexBox Market Intelligence Platform [here](https://app.indexbox.io/report/843880/002/).
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