Report Update Nov 1, 2024

South Africa - Broaching Machines for Working Metal - Market Analysis, Forecast, Size, Trends and Insights

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South Africa: Metal Broaching Machine Market 2024

Metal Broaching Machine Market Size in South Africa

The South African metal broaching machine market soared to $X in 2021, growing by 22% against the previous year. Over the period under review, consumption, however, saw a abrupt setback. Over the period under review, the market reached the maximum level at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.

Metal Broaching Machine Production in South Africa

In value terms, metal broaching machine production reduced to $X in 2021 estimated in export price. Over the period under review, production continues to indicate slight growth. The pace of growth was the most pronounced in 2017 when the production volume increased by 3.4%. Metal broaching machine production peaked at $X in 2020, and then shrank slightly in the following year.

Metal Broaching Machine Exports

Exports from South Africa

In 2021, the amount of broaching machines for working metal exported from South Africa stood at X units, remaining constant against the previous year. Overall, exports showed a abrupt downturn. The growth pace was the most rapid in 2019 with an increase of 400%. As a result, the exports reached the peak of X units. From 2020 to 2021, the growth of the exports failed to regain momentum.

In value terms, metal broaching machine exports surged to $X in 2021. In general, exports recorded a abrupt curtailment. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Namibia (X units) was the main destination for metal broaching machine exports from South Africa, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Namibia was relatively modest.

In value terms, Namibia ($X) emerged as the key foreign market for broaching machines for working metal exports from South Africa.

From 2012 to 2021, the average annual growth rate of value to Namibia amounted to +40.4%.

Export Prices by Country

The average metal broaching machine export price stood at $X per unit in 2021, increasing by 154% against the previous year. In general, the export price saw a buoyant expansion. Over the period under review, the average export prices reached the maximum at $X per unit in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Namibia.

From 2012 to 2021, the rate of growth in terms of prices for Democratic Republic of the Congo amounted to +14.9% per year.

Metal Broaching Machine Imports

Imports into South Africa

In 2021, purchases abroad of broaching machines for working metal was finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. Over the period under review, imports, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2018 when imports increased by 243% against the previous year. Imports peaked at X units in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, metal broaching machine imports soared to $X in 2021. In general, imports, however, faced a deep contraction. The pace of growth appeared the most rapid in 2018 when imports increased by 470% against the previous year. Over the period under review, imports reached the maximum at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Italy (X units) and the UK (X units) were the main suppliers of metal broaching machine imports to South Africa.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of -14.2%).

In value terms, Italy ($X) constituted the largest supplier of broaching machines for working metal to South Africa, comprising 23% of total imports. The second position in the ranking was held by the UK ($X), with a 5.8% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Italy stood at +59.2%.

Import Prices by Country

In 2021, the average metal broaching machine import price amounted to $X per unit, leveling off at the previous year. Overall, the import price, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2020 an increase of 274% against the previous year. The import price peaked at $X per unit in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per unit), while the price for the UK totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+6.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for broaching machines for working metal in the world?

The countries with the highest volumes of in 2021 were Germany, Japan and Mexico, with a combined 65% share of global consumption.

What are the largest producers of broaching machines for working metal in the world?

The countries with the highest volumes of in 2021 were Germany, Japan and the UK, with a combined 84% share of global production.

What are the leading suppliers of broaching machines for working metal to South Africa?

In value terms, Germany constituted the largest supplier of metal broaching machine to South Africa, comprising 76% of total imports. The second position in the ranking was occupied by China, with an 8.5% share of total imports. It was followed by Italy, with a 4.8% share.

What are the leading importers of broaching machines for working metal from South Africa?

In value terms, the largest markets for metal broaching machine exported from South Africa were Zimbabwe, Zambia and Chile, together comprising 78% of total exports.

What is the average export price for broaching machines for working metal in South Africa?

In 2021, the average metal broaching machine export price amounted to $1,359 per unit, shrinking by -53.7% against the previous year.

What is the average import price for broaching machines for working metal in South Africa?

The average metal broaching machine import price stood at $641 per unit in 2021, with an increase of 96% against the previous year.

This report provides an in-depth analysis of the metal broaching machine market in South Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28412410 - Broaching machines for working metal

Country coverage:

South Africa

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in South Africa
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023