Report Update Nov 1, 2024

South Africa - Concrete Pumps - Market Analysis, Forecast, Size, Trends and Insights

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South Africa: Concrete Pump Market 2024

Concrete Pump Market Size in South Africa

The South African concrete pump market declined rapidly to $X in 2021, dropping by -41.2% against the previous year. Overall, consumption faced a significant decline. Concrete pump consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Concrete Pump Production in South Africa

In value terms, concrete pump production dropped slightly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.2% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2018 with an increase of 2.2%. Over the period under review, production hit record highs at $X in 2020, and then fell slightly in the following year.

Concrete Pump Exports

Exports from South Africa

In 2021, overseas shipments of concrete pumps increased by 971% to X units, rising for the second year in a row after three years of decline. In general, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, concrete pump exports reduced to $X in 2021. Overall, exports recorded a mild expansion. The most prominent rate of growth was recorded in 2020 with an increase of 231% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Norway (X units) was the main destination for concrete pump exports from South Africa, with a approx. 96% share of total exports.

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

From 2012 to 2021, the average annual growth rate of value to Norway was relatively modest.

Export Prices by Country

In 2021, the average concrete pump export price amounted to $X per unit, with a decrease of -91.7% against the previous year. Over the period under review, the export price recorded a sharp contraction. The growth pace was the most rapid in 2018 when the average export price increased by 276% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2012; however, from 2013 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 Norway.

From 2012 to 2021, the rate of growth in terms of prices for Norway amounted to 0.0% per year.

Concrete Pump Imports

Imports into South Africa

In 2021, imports of concrete pumps into South Africa soared to X units, with an increase of 213% against the previous year's figure. Overall, imports, however, recorded a precipitous decline. Imports peaked at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, concrete pump imports skyrocketed to $X in 2021. In general, imports saw a slight increase. The growth pace was the most rapid in 2013 when imports increased by 221% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Germany (X units) constituted the largest concrete pump supplier to South Africa, with a 88% share of total imports. Moreover, concrete pump imports from Germany exceeded the figures recorded by the second-largest supplier, South Korea (X units), more than tenfold. China (X units) ranked third in terms of total imports with a 2.7% share.

From 2012 to 2021, the average annual growth rate of volume from Germany totaled -34.0%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (-21.1% per year) and China (-33.4% per year).

In value terms, Turkey ($X) constituted the largest supplier of concrete pumps to South Africa, comprising 63% of total imports. The second position in the ranking was taken by South Korea ($X), with a 16% share of total imports. It was followed by Germany, with a 1% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Turkey totaled +10.1%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+98.3% per year) and Germany (-14.7% per year).

Import Prices by Country

The average concrete pump import price stood at $X per unit in 2021, shrinking by -48.5% against the previous year. Overall, the import price, however, continues to indicate a significant increase. The most prominent rate of growth was recorded in 2013 an increase of 2,123%. Over the period under review, average import prices reached the maximum at $X per unit in 2020, and then contracted significantly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Turkey ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Latvia (+2,157.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for concrete pumps in the world?

The countries with the highest volumes of concrete pump consumption in 2021 were Saudi Arabia, China and Italy, with a combined 91% share of global consumption.

What are the largest producers of concrete pumps in the world?

China remains the largest concrete pump producing country worldwide, comprising approx. 76% of total volume. Moreover, concrete pump production in China exceeded the figures recorded by the second-largest producer, Italy, eightfold. The third position in this ranking was occupied by Germany, with a 6.6% share.

What are the leading suppliers of concrete pumps to South Africa?

In value terms, Turkey constituted the largest supplier of concrete pump to South Africa, comprising 47% of total imports. The second position in the ranking was occupied by India, with a 21% share of total imports. It was followed by Spain, with a 16% share.

What are the leading importers of concrete pumps from South Africa?

In value terms, Tanzania remains the key foreign market for concrete pump exports from South Africa, comprising 63% of total exports. The second position in the ranking was occupied by Zimbabwe, with an 11% share of total exports. It was followed by Botswana, with a 4.9% share.

What is the average export price for concrete pumps in South Africa?

The average concrete pump export price stood at $3,093 per unit in 2021, reducing by -28% against the previous year.

What is the average import price for concrete pumps in South Africa?

The average concrete pump import price stood at $305 per unit in 2021, growing by 14% against the previous year.

This report provides an in-depth analysis of the concrete pump 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 28131185 - Concrete pumps

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