SADC: Wheeled Loader Market 2024

Wheeled Loader Market Size in SADC

In 2021, the SADC wheeled loader market increased by 354% to $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption posted a resilient increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Wheeled Loader Production in SADC

In value terms, wheeled loader production dropped remarkably to $X in 2021 estimated in export price. Overall, production showed a dramatic setback. The most prominent rate of growth was recorded in 2020 with an increase of 609%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Wheeled Loader Exports

Exports in SADC

In 2021, the amount of wheeled loaders, crawler shovel loaders, front-end loaders exported in SADC skyrocketed to X units, rising by 27% compared with the year before. Over the period under review, exports, however, continue to indicate a slight shrinkage. The growth pace was the most rapid in 2018 with an increase of 142%. The volume of export peaked at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, wheeled loader exports skyrocketed to $X in 2021. In general, exports, however, saw a deep downturn. The pace of growth was the most pronounced in 2018 when exports increased by 84%. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

South Africa was the key exporter of wheeled loaders, crawler shovel loaders, front-end loaders in SADC, with the volume of exports resulting at X units, which was near 82% of total exports in 2021. It was distantly followed by Zambia (X units), creating a 14% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to wheeled loader exports from South Africa stood at -3.2%. At the same time, Zambia (+29.3%) displayed positive paces of growth. Moreover, Zambia emerged as the fastest-growing exporter exported in SADC, with a CAGR of +29.3% from 2012-2021. Zambia (+13 p.p.) significantly strengthened its position in terms of the total exports, while South Africa saw its share reduced by -11.6% from 2012 to 2021, respectively.

In value terms, South Africa ($X) remains the largest wheeled loader supplier in SADC, comprising 74% of total exports. The second position in the ranking was held by Zambia ($X), with a 21% share of total exports.

In South Africa, wheeled loader exports shrank by an average annual rate of -8.8% over the period from 2012-2021.

Export Prices by Country

The export price in SADC stood at $X per unit in 2021, reducing by -8.8% against the previous year. In general, the export price recorded a noticeable reduction. The most prominent rate of growth was recorded in 2016 when the export price increased by 43%. As a result, the export price attained the peak level of $X per unit. From 2017 to 2021, the export prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Zambia (-0.1%).

Wheeled Loader Imports

Imports in SADC

In 2021, the amount of wheeled loaders, crawler shovel loaders, front-end loaders imported in SADC skyrocketed to X units, picking up by 185% compared with the previous year's figure. Overall, imports posted a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, wheeled loader imports surged to $X in 2021. Over the period under review, imports, however, recorded a perceptible contraction. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, South Africa (X units) was the key importer of wheeled loaders, crawler shovel loaders, front-end loaders, constituting 60% of total imports. Namibia (X units) held a 12% share (based on physical terms) of total imports, which put it in second place, followed by Botswana (9.3%) and Democratic Republic of the Congo (6.1%). Zambia (X units), Tanzania (X units) and Mozambique (X units) took a relatively small share of total imports.

Imports into South Africa increased at an average annual rate of +15.8% from 2012 to 2021. At the same time, Namibia (+23.6%), Botswana (+14.3%), Democratic Republic of the Congo (+12.1%) and Tanzania (+7.8%) displayed positive paces of growth. Moreover, Namibia emerged as the fastest-growing importer imported in SADC, with a CAGR of +23.6% from 2012-2021. By contrast, Mozambique (-2.5%) and Zambia (-9.6%) illustrated a downward trend over the same period. From 2012 to 2021, the share of South Africa, Namibia and Botswana increased by +24, +8.1 and +3.1 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported wheeled loaders, crawler shovel loaders, front-end loaders in SADC, comprising 44% of total imports. The second position in the ranking was taken by Namibia ($X), with a 13% share of total imports. It was followed by Democratic Republic of the Congo, with an 8.4% share.

In South Africa, wheeled loader imports declined by an average annual rate of -6.1% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Namibia (+16.0% per year) and Democratic Republic of the Congo (+9.8% per year).

Import Prices by Country

In 2021, the import price in SADC amounted to $X per unit, falling by -45.2% against the previous year. Over the period under review, the import price saw a deep setback. The most prominent rate of growth was recorded in 2015 when the import price increased by 25%. Over the period under review, import prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mozambique (+3.5%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform