South Africa: Market for Continuous-Action Elevators And Conveyors 2025

Market Size for Continuous-Action Elevators And Conveyors in South Africa

The South African continuous-action elevators and conveyors market reduced remarkably to $X in 2022, shrinking by X% against the previous year. Over the period under review, consumption showed a slight decrease. Continuous-action elevators and conveyors consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Production of Continuous-Action Elevators And Conveyors in South Africa

In value terms, continuous-action elevators and conveyors production contracted markedly to $X in 2022 estimated in export price. Over the period under review, production faced a drastic downturn. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Continuous-action elevators and conveyors production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Exports of Continuous-Action Elevators And Conveyors

Exports from South Africa

In 2022, exports of continuous-action elevators and conveyors from South Africa surged to X units, increasing by X% against 2021. Over the period under review, exports posted resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, continuous-action elevators and conveyors exports skyrocketed to $X in 2022. Overall, exports, however, saw a noticeable decrease. The most prominent rate of growth was recorded in 2018 when exports increased by X%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Angola (X units), Argentina (X units) and Mozambique (X units) were the main destinations of continuous-action elevators and conveyors exports from South Africa, together accounting for X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Argentina (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for continuous-action elevators and conveyors exported from South Africa were the United States ($X), Mozambique ($X) and Zimbabwe ($X), with a combined X% share of total exports. Zambia, Botswana, Angola, Argentina and Cuba lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Cuba, with a CAGR of X%, recorded the highest rates of growth with regard to 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 2022, the average continuous-action elevators and conveyors export price amounted to $X per unit, dropping by X% against the previous year. In general, the export price recorded a deep setback. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Zimbabwe ($X per unit), while the average price for exports to Angola ($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 Cuba (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Continuous-Action Elevators And Conveyors

Imports into South Africa

Continuous-action elevators and conveyors imports into South Africa fell to X units in 2022, waning by X% on the year before. Overall, imports, however, showed a buoyant increase. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. As a result, imports reached the peak of X units. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, continuous-action elevators and conveyors imports declined dramatically to $X in 2022. Over the period under review, imports recorded a abrupt downturn. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest continuous-action elevators and conveyors supplier to South Africa, with a X% share of total imports. Moreover, continuous-action elevators and conveyors imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), more than tenfold. The UK (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and the UK (X% per year).

In value terms, China ($X), Germany ($X) and Italy ($X) appeared to be the largest continuous-action elevators and conveyors suppliers to South Africa, with a combined X% share of total imports.

China, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average continuous-action elevators and conveyors import price stood at $X per unit in 2022, declining by X% against the previous year. In general, the import price saw a deep setback. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Denmark ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :