South Africa: Dairy Machinery Market 2024

Dairy Machinery Market Size in South Africa

In 2022, the South African dairy machinery market decreased by -3.4% to $X, falling for the second consecutive year after seven years of growth. Over the period under review, consumption, however, showed a strong expansion. Dairy machinery consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Dairy Machinery Production in South Africa

In value terms, dairy machinery production totaled $X in 2022 estimated in export price. In general, production posted a buoyant expansion. The most prominent rate of growth was recorded in 2016 when the production volume increased by 4,598% against the previous year. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Dairy Machinery Exports

Exports from South Africa

In 2022, dairy machinery exports from South Africa declined dramatically to X units, reducing by -60.6% on 2021. In general, exports faced a abrupt decrease. The pace of growth was the most pronounced in 2016 with an increase of 400%. Over the period under review, the exports hit record highs at X units in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, dairy machinery exports dropped sharply to $X in 2022. Over the period under review, exports continue to indicate a deep downturn. The pace of growth was the most pronounced in 2016 with an increase of 548%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Malawi (X units) was the main destination for dairy machinery exports from South Africa, with a 76% share of total exports. Moreover, dairy machinery exports to Malawi exceeded the volume sent to the second major destination, Zimbabwe (X units), more than tenfold. The third position in this ranking was held by Mozambique (X units), with a 4.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Malawi totaled +55.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Zimbabwe (-10.4% per year) and Mozambique (-2.8% per year).

In value terms, Malawi ($X) emerged as the key foreign market for dairy machinery exports from South Africa, comprising 78% of total exports. The second position in the ranking was held by Zimbabwe ($X), with a 6.2% share of total exports. It was followed by Mozambique, with a 4.2% share.

From 2012 to 2022, the average annual growth rate of value to Malawi amounted to +80.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Zimbabwe (-11.7% per year) and Mozambique (+3.6% per year).

Export Prices by Country

In 2022, the average dairy machinery export price amounted to $X per unit, declining by -2.8% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average export price increased by 30% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Tanzania ($X per unit), while the average price for exports to Zambia ($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 Malawi (+15.8%), while the prices for the other major destinations experienced more modest paces of growth.

Dairy Machinery Imports

Imports into South Africa

In 2022, supplies from abroad of dairy machinery decreased by -62.3% to X units, falling for the second consecutive year after two years of growth. In general, imports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2020 with an increase of 97%. Imports peaked at X units in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, dairy machinery imports shrank remarkably to $X in 2022. Overall, imports faced a deep reduction. The most prominent rate of growth was recorded in 2020 with an increase of 111%. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Sweden (X units), the Netherlands (X units) and Malawi (X units) were the main suppliers of dairy machinery imports to South Africa, together comprising 58% of total imports. Turkey, Italy, the UK, Germany, Australia, New Zealand, Denmark and India lagged somewhat behind, together accounting for a further 35%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +31.1%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest dairy machinery suppliers to South Africa were Sweden ($X), the Netherlands ($X) and Malawi ($X), together accounting for 60% of total imports. Turkey, Italy, the UK, Germany, New Zealand, Australia, India and Denmark lagged somewhat behind, together comprising a further 36%.

Turkey, with a CAGR of +95.6%, 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 more modest paces of growth.

Import Prices by Country

In 2022, the average dairy machinery import price amounted to $X per unit, which is down by -9.5% against the previous year. Overall, the import price, however, recorded temperate growth. The most prominent rate of growth was recorded in 2016 an increase of 324%. Over the period under review, average import prices attained the peak figure at $X per unit in 2021, and then shrank in the following year.

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 New Zealand ($X per unit), while the price for Denmark ($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 (+49.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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