South Africa: Market for Hand-Operated Drilling, Threading or Tapping Tools 2025

Market Size for Hand-Operated Drilling, Threading or Tapping Tools in South Africa

After two years of decline, the South African market for hand-operated drilling, threading or tapping tools increased by 3.5% to $X in 2022. The market value increased at an average annual rate of +5.0% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Production of Hand-Operated Drilling, Threading or Tapping Tools in South Africa

In value terms, production of hand-operated drilling, threading or tapping tools dropped to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2014 with an increase of 38%. Over the period under review, production of reached the peak level at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

Exports of Hand-Operated Drilling, Threading or Tapping Tools

Exports from South Africa

In 2022, overseas shipments of hand-operated drilling, threading or tapping tools decreased by -19.5% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, exports continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2018 with an increase of 53% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, exports of hand-operated drilling, threading or tapping tools rose rapidly to $X in 2022. Overall, exports saw a abrupt descent. The most prominent rate of growth was recorded in 2018 with an increase of 69% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Zambia (X tons), Botswana (X tons) and Rwanda (X tons) were the main destinations of exports of hand-operated drilling, threading or tapping tools from South Africa, together comprising 50% of total exports.

From 2012 to 2022, the biggest increases were recorded for Rwanda (with a CAGR of +28.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for hand-operated drilling, threading or tapping tool exported from South Africa were Botswana ($X), Rwanda ($X) and Namibia ($X), with a combined 50% share of total exports.

Rwanda, with a CAGR of +48.9%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for hand-operated drilling, threading or tapping tools stood at $X per ton in 2022, increasing by 32% against the previous year. Over the last decade, it increased at an average annual rate of +3.0%. Over the period under review, the average export prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, 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 Namibia ($X per ton), while the average price for exports to Zambia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Rwanda (+15.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Hand-Operated Drilling, Threading or Tapping Tools

Imports into South Africa

In 2022, supplies from abroad of hand-operated drilling, threading or tapping tools decreased by -2.5% to X tons, falling for the third year in a row after three years of growth. Overall, imports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2013 when imports increased by 45%. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of hand-operated drilling, threading or tapping tools expanded sharply to $X in 2022. Over the period under review, imports recorded a abrupt setback. The pace of growth was the most pronounced in 2021 with an increase of 33%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest hand-operated drilling, threading or tapping tool supplier to South Africa, with a 80% share of total imports. Moreover, imports of hand-operated drilling, threading or tapping tools from China exceeded the figures recorded by the second-largest supplier, Denmark (X tons), more than tenfold. The third position in this ranking was taken by India (X tons), with a 4.1% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to -2.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+37.2% per year) and India (-13.9% per year).

In value terms, China ($X) constituted the largest supplier of hand-operated drilling, threading or tapping tools to South Africa, comprising 42% of total imports. The second position in the ranking was taken by Denmark ($X), with a 16% share of total imports. It was followed by Germany, with a 14% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to -1.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+43.6% per year) and Germany (-6.0% per year).

Import Prices by Country

The average import price for hand-operated drilling, threading or tapping tools stood at $X per ton in 2022, rising by 10% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 86% against the previous year. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, 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 Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :