South Africa: Market for Drive-Axles with Differential and Non-Driving Axles 2025

Market Size for Drive-Axles with Differential and Non-Driving Axles in South Africa

The South African driving and non-driving axle market rose sharply to $X in 2021, increasing by 11% against the previous year. Over the period under review, consumption saw a prominent increase. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Production of Drive-Axles with Differential and Non-Driving Axles in South Africa

In value terms, driving and non-driving axle production reached $X in 2021 estimated in export price. Over the period under review, production, however, saw a prominent increase. The most prominent rate of growth was recorded in 2017 with an increase of 44% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Exports of Drive-Axles with Differential and Non-Driving Axles

Exports from South Africa

After three years of decline, shipments abroad of drive-axles with differential and non-driving axles increased by 20% to X tons in 2021. Overall, exports, however, recorded a abrupt decrease. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, driving and non-driving axle exports surged to $X in 2021. In general, exports, however, showed a drastic downturn. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Germany (X tons) was the main destination for driving and non-driving axle exports from South Africa, with a 42% share of total exports. Moreover, driving and non-driving axle exports to Germany exceeded the volume sent to the second major destination, the United States (X tons), threefold. The third position in this ranking was taken by Namibia (X tons), with a 12% share.

From 2012 to 2021, the average annual growth rate of volume to Germany stood at +14.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-21.2% per year) and Namibia (+12.0% per year).

In value terms, Germany ($X) remains the key foreign market for driving and non-driving axle exports from South Africa, comprising 46% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a 19% share of total exports. It was followed by the United States, with a 6.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany stood at +10.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+127.2% per year) and the United States (-24.3% per year).

Export Prices by Country

In 2021, the average driving and non-driving axle export price amounted to $X per ton, rising by 25% against the previous year. Overall, export price indicated a buoyant increase from 2012 to 2021: its price increased at an average annual rate of +5.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, driving and non-driving axle export price decreased by -9.8% against 2019 indices. Over the period under review, the average export prices reached the maximum at $X per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+4.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Drive-Axles with Differential and Non-Driving Axles

Imports into South Africa

In 2021, imports of drive-axles with differential and non-driving axles into South Africa skyrocketed to X tons, picking up by 26% compared with 2020. Over the period under review, total imports indicated a prominent expansion from 2012 to 2021: its volume increased at an average annual rate of +6.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -10.9% against 2019 indices. The growth pace was the most rapid in 2019 with an increase of 60% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, driving and non-driving axle imports skyrocketed to $X in 2021. Overall, imports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2019 with an increase of 74%. As a result, imports reached the peak of $X. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

China (X tons), Germany (X tons) and the United States (X tons) were the main suppliers of driving and non-driving axle imports to South Africa, together comprising 64% of total imports. Thailand, Mexico, India, South Korea, the UK, Poland, Portugal and Brazil lagged somewhat behind, together comprising a further 31%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +41.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest driving and non-driving axle suppliers to South Africa were Germany ($X), the United States ($X) and China ($X), together comprising 65% of total imports. These countries were followed by Thailand, Mexico, India, the UK, Poland, South Korea, Portugal and Brazil, which together accounted for a further 26%.

In terms of the main suppliers, Mexico, with a CAGR of +40.2%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average driving and non-driving axle import price amounted to $X per ton, rising by 4.9% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 26%. Over the period under review, average import prices reached the peak figure in 2021 and is likely to see gradual growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Brazil ($X per ton), while the price for Portugal ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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