South Africa: Band Saw Blade Market 2024

Band Saw Blade Market Size in South Africa

The South African band saw blade market soared to $X in 2021, picking up by 26% against the previous year. The market value increased at an average annual rate of +1.8% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Band saw blade consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Band Saw Blade Production in South Africa

In value terms, band saw blade production surged to $X in 2021 estimated in export price. Overall, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the production volume increased by 33% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2021, production growth remained at a lower figure.

Band Saw Blade Exports

Exports from South Africa

After two years of growth, overseas shipments of band saw blades decreased by -4.3% to X tons in 2021. Over the period under review, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 when exports increased by 28% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, band saw blade exports surged to $X in 2021. Overall, exports, however, saw a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Botswana (X tons), Swaziland (X tons) and Namibia (X tons) were the main destinations of band saw blade exports from South Africa, together comprising 65% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Swaziland (with a CAGR of +8.2%), while the other leaders experienced mixed trend patterns.

In value terms, Swaziland ($X), Botswana ($X) and Zambia ($X) appeared to be the largest markets for band saw blade exported from South Africa worldwide, together accounting for 61% of total exports.

In terms of the main countries of destination, Zambia, with a CAGR of +7.3%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average band saw blade export price amounted to $X per ton, with an increase of 35% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The export price peaked at $X per ton in 2017; however, from 2018 to 2021, the 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 Democratic Republic of the Congo ($X per ton), while the average price for exports to Lesotho ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Zambia (+11.6%), while the prices for the other major destinations experienced more modest paces of growth.

Band Saw Blade Imports

Imports into South Africa

After two years of decline, supplies from abroad of band saw blades increased by 30% to X tons in 2021. The total import volume increased at an average annual rate of +4.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2018 with an increase of 35%. Imports peaked in 2021 and are likely to continue growth in the near future.

In value terms, band saw blade imports skyrocketed to $X in 2021. Over the period under review, imports recorded a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Poland (X tons) constituted the largest supplier of band saw blade to South Africa, accounting for a 45% share of total imports. Moreover, band saw blade imports from Poland exceeded the figures recorded by the second-largest supplier, Sweden (X tons), twofold. The United States (X tons) ranked third in terms of total imports with a 7.7% share.

From 2012 to 2021, the average annual growth rate of volume from Poland stood at +23.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+2.1% per year) and the United States (-3.4% per year).

In value terms, Poland ($X), Sweden ($X) and Germany ($X) constituted the largest band saw blade suppliers to South Africa, together accounting for 69% of total imports. These countries were followed by the United States, China, Brazil, the UK, Japan and Romania, which together accounted for a further 29%.

In terms of the main suppliers, Romania, with a CAGR of +64.9%, recorded the highest growth rate of 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

In 2021, the average band saw blade import price amounted to $X per ton, falling by -2.8% against the previous year. Overall, the import price continues to indicate a noticeable downturn. The growth pace was the most rapid in 2019 an increase of 9.2% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (+4.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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