South Africa: Endless Machinery Band Market 2025

Endless Machinery Band Market Size in South Africa

In 2021, the South African endless machinery band market increased by 46% to $X, rising for the second year in a row after two years of decline. In general, consumption posted perceptible growth. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.

Endless Machinery Band Production in South Africa

In value terms, endless machinery band production contracted modestly to $X in 2021 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the production volume increased by 42%. As a result, production attained the peak level of $X. From 2015 to 2021, production growth remained at a somewhat lower figure.

Endless Machinery Band Exports

Exports from South Africa

After three years of growth, shipments abroad of endless bands for machinery, of stainless steel decreased by -15.9% to X square meters in 2021. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of 58% against the previous year. As a result, the exports attained the peak of X square meters. From 2016 to 2021, the growth of the exports remained at a lower figure.

In value terms, endless machinery band exports shrank to $X in 2021. Overall, exports recorded a mild reduction. The pace of growth appeared the most rapid in 2015 when exports increased by 33% against the previous year. As a result, the exports reached the peak of $X. From 2016 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Lesotho (X square meters) was the main destination for endless machinery band exports from South Africa, accounting for a 67% share of total exports. Moreover, endless machinery band exports to Lesotho exceeded the volume sent to the second major destination, Botswana (X square meters), sixfold. The third position in this ranking was held by Zimbabwe (X square meters), with an 8.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Lesotho stood at +18.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Botswana (-17.4% per year) and Zimbabwe (+7.9% per year).

In value terms, the largest markets for endless machinery band exported from South Africa were Lesotho ($X), Swaziland ($X) and Botswana ($X), together comprising 76% of total exports.

Among the main countries of destination, Swaziland, with a CAGR of +25.7%, 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 2021, the average endless machinery band export price amounted to $X per square meter, growing by 2.8% against the previous year. Overall, the export price, however, showed a slight downturn. The pace of growth appeared the most rapid in 2014 when the average export price increased by 36% against the previous year. As a result, the export price attained the peak level of $X per square meter. From 2015 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Swaziland ($X per square meter), while the average price for exports to Lesotho ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Swaziland (+13.9%), while the prices for the other major destinations experienced more modest paces of growth.

Endless Machinery Band Imports

Imports into South Africa

In 2021, overseas purchases of endless bands for machinery, of stainless steel increased by 96% to X square meters, rising for the second year in a row after three years of decline. Over the period under review, imports posted a measured expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, endless machinery band imports surged to $X in 2021. Overall, total imports indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +6.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +79.7% against 2017 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X square meters), the Netherlands (X square meters) and Germany (X square meters) were the main suppliers of endless machinery band imports to South Africa, with a combined 86% share of total imports. The United States, the UK, India, Zambia and Botswana lagged somewhat behind, together accounting for a further 12%.

From 2012 to 2021, the biggest increases were in India (with a CAGR of +112.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) constituted the largest supplier of endless machinery band to South Africa, comprising 41% of total imports. The second position in the ranking was held by Germany ($X), with a 20% share of total imports. It was followed by China, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the Netherlands totaled +53.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+8.4% per year) and China (+9.6% per year).

Import Prices by Country

The average endless machinery band import price stood at $X per square meter in 2021, declining by -21.3% against the previous year. Over the period under review, import price indicated notable growth from 2012 to 2021: its price increased at an average annual rate of +2.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, endless machinery band import price decreased by -29.4% against 2019 indices. The pace of growth was the most pronounced in 2015 when the average import price increased by 56%. The import price peaked at $X per square meter in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Botswana (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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