SADC: Agricultural Harvester Market 2024

Agricultural Harvester Market Size in SADC

The SADC agricultural harvester market skyrocketed to $X in 2022, increasing by X% against the previous year. The total consumption indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. Over the period under review, the market reached the maximum level in 2022 and is likely to continue growth in years to come.

Agricultural Harvester Production in SADC

In value terms, agricultural harvester production rose remarkably to $X in 2022 estimated in export price. The total production indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Agricultural Harvester Exports

Exports in SADC

In 2022, approx. X units of agricultural harvesters were exported in SADC; with an increase of X% against the previous year's figure. Over the period under review, exports, however, continue to indicate a precipitous setback. The most prominent rate of growth was recorded in 2020 when exports increased by X%. As a result, the exports attained the peak of X units. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, agricultural harvester exports reduced rapidly to $X in 2022. Overall, exports, however, recorded a pronounced decline. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X, and then declined sharply in the following year.

Exports by Country

South Africa prevails in exports structure, reaching X units, which was approx. X% of total exports in 2022. It was distantly followed by Tanzania (X units), mixing up a X% share of total exports. The following exporters - Mauritius (X units) and Zambia (X units) - each recorded a X% share of total exports.

Exports from South Africa decreased at an average annual rate of X% from 2012 to 2022. At the same time, Tanzania (X%) and Mauritius (X%) displayed positive paces of growth. Moreover, Tanzania emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2022. By contrast, Zambia (X%) illustrated a downward trend over the same period. South Africa (X p.p.), Tanzania (X p.p.), Mauritius (X p.p.) and Zambia (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest agricultural harvester supplier in SADC, comprising X% of total exports. The second position in the ranking was held by Zambia ($X), with a X% share of total exports. It was followed by Mauritius, with a X% share.

In South Africa, agricultural harvester exports decreased by an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Zambia (X% per year) and Mauritius (X% per year).

Export Prices by Country

In 2022, the export price in SADC amounted to $X per unit, dropping by X% against the previous year. Overall, the export price, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 when the export price increased by X%. As a result, the export price reached the peak level of $X per unit, and then reduced remarkably in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Zambia ($X per unit), while Tanzania ($X per unit) was amongst the lowest.

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

Agricultural Harvester Imports

Imports in SADC

In 2022, approx. X units of agricultural harvesters were imported in SADC; increasing by X% on the year before. Total imports indicated a prominent expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by X%. The volume of import peaked in 2022 and is likely to see gradual growth in the near future.

In value terms, agricultural harvester imports surged to $X in 2022. Over the period under review, imports enjoyed a moderate increase. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. The level of import peaked in 2022 and is likely to see steady growth in the near future.

Imports by Country

In 2022, South Africa (X units), distantly followed by Tanzania (X units), Angola (X units), Zimbabwe (X units), Zambia (X units) and Namibia (X units) were the major importers of agricultural harvesters, together generating X% of total imports. Mozambique (X units) held a little share of total imports.

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

In value terms, South Africa ($X) constitutes the largest market for imported agricultural harvesters in SADC, comprising X% of total imports. The second position in the ranking was held by Zimbabwe ($X), with a X% share of total imports. It was followed by Tanzania, with a X% share.

In South Africa, agricultural harvester imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Zimbabwe (X% per year) and Tanzania (X% per year).

Import Prices by Country

The import price in SADC stood at $X per unit in 2022, growing by X% against the previous year. Over the period under review, the import price, however, saw a abrupt slump. The pace of growth appeared the most rapid in 2017 when the import price increased by X%. The level of import peaked 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 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 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform