South Africa: Gravimetric Filling Machine Market 2024

Gravimetric Filling Machine Market Size in South Africa

The South African gravimetric filling machine market skyrocketed to $X in 2022, picking up by 62% against the previous year. Over the period under review, consumption, however, recorded a abrupt curtailment. Over the period under review, the market attained the peak level at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Gravimetric Filling Machine Production in South Africa

In value terms, gravimetric filling machine production soared to $X in 2022 estimated in export price. Overall, production posted significant growth. The pace of growth was the most pronounced in 2020 with an increase of 3,489%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Gravimetric Filling Machine Exports

Exports from South Africa

In 2022, after two years of growth, there was significant decline in shipments abroad of automatic gravimetric filling machines, when their volume decreased by -57.3% to X units. Overall, exports, however, saw a strong increase. The pace of growth was the most pronounced in 2021 when exports increased by 534% against the previous year. As a result, the exports reached the peak of X units, and then contracted notably in the following year.

In value terms, gravimetric filling machine exports contracted notably to $X in 2022. In general, exports, however, posted moderate growth. The pace of growth appeared the most rapid in 2013 when exports increased by 241% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Sierra Leone (X units) was the main destination for gravimetric filling machine exports from South Africa, accounting for a 42% share of total exports. Moreover, gravimetric filling machine exports to Sierra Leone exceeded the volume sent to the second major destination, Swaziland (X units), threefold. The third position in this ranking was held by Ghana (X units), with a 4.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Sierra Leone totaled +118.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Swaziland (+34.2% per year) and Ghana (+25.8% per year).

In value terms, Swaziland ($X) emerged as the key foreign market for automatic gravimetric filling machines exports from South Africa, comprising 25% of total exports. The second position in the ranking was taken by Zambia ($X), with a 13% share of total exports. It was followed by Kenya, with a 12% share.

From 2012 to 2022, the average annual growth rate of value to Swaziland stood at +38.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Zambia (+22.3% per year) and Kenya (+40.5% per year).

Export Prices by Country

The average gravimetric filling machine export price stood at $X per unit in 2022, jumping by 78% against the previous year. In general, the export price, however, saw a abrupt curtailment. The growth pace was the most rapid in 2013 an increase of 282% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2014 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Zambia ($X per unit), while the average price for exports to Sierra Leone ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kenya (+25.9%), while the prices for the other major destinations experienced more modest paces of growth.

Gravimetric Filling Machine Imports

Imports into South Africa

In 2022, imports of automatic gravimetric filling machines into South Africa skyrocketed to X units, jumping by 67% on the previous year. Over the period under review, imports, however, faced a sharp decrease. The growth pace was the most rapid in 2015 when imports increased by 116% against the previous year. As a result, imports attained the peak of X units. From 2016 to 2022, the growth of imports remained at a lower figure.

In value terms, gravimetric filling machine imports skyrocketed to $X in 2022. In general, imports enjoyed a moderate expansion. The pace of growth appeared the most rapid in 2014 when imports increased by 108%. Imports peaked at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of gravimetric filling machine to South Africa, with a 69% share of total imports. Moreover, gravimetric filling machine imports from China exceeded the figures recorded by the second-largest supplier, Japan (X units), sixfold. France (X units) ranked third in terms of total imports with a 6.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled -13.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-12.1% per year) and France (+32.4% per year).

In value terms, the largest gravimetric filling machine suppliers to South Africa were China ($X), Japan ($X) and the UK ($X), together accounting for 81% of total imports. Denmark, Austria and France lagged somewhat behind, together comprising a further 15%.

Among the main suppliers, France, with a CAGR of +42.0%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average gravimetric filling machine import price stood at $X per unit in 2022, reducing by -24.2% against the previous year. In general, the import price, however, saw a significant increase. The growth pace was the most rapid in 2016 an increase of 1,112%. The import price peaked at $X per unit in 2021, and then dropped rapidly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($X per unit), while the price for France ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+48.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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