South Africa: Market for Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals 2025

Market Size for Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals in South Africa

The South African market for fully or partly automatic electric machines for arc welding of metals surged to $X in 2022, with an increase of 9,959% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption enjoyed a remarkable increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Exports of Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals

Exports from South Africa

In 2022, the amount of fully or partly automatic electric machines for arc welding of metals exported from South Africa contracted notably to X units, which is down by -43.3% on 2021 figures. Overall, exports, however, posted a strong increase. The most prominent rate of growth was recorded in 2017 when exports increased by 250%. The exports peaked at X units in 2021, and then fell rapidly in the following year.

In value terms, exports of fully or partly automatic electric machines for arc welding of metals contracted sharply to $X in 2022. In general, exports, however, enjoyed a buoyant increase. The growth pace was the most rapid in 2016 when exports increased by 325% against the previous year. The exports peaked at $X in 2021, and then declined remarkably in the following year.

Exports by Country

The United States (X units) was the main destination for exports of fully or partly automatic electric machines for arc welding of metals from South Africa, accounting for a 60% share of total exports. Moreover, exports of fully or partly automatic electric machines for arc welding of metals to the United States exceeded the volume sent to the second major destination, Germany (X units), threefold. The third position in this ranking was taken by the Czech Republic (X units), with a 9.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States stood at +38.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+70.8% per year) and the Czech Republic (+29.5% per year).

In value terms, the United States ($X) remains the key foreign market for fully or partly automatic electric machines for arc welding of metals exports from South Africa, comprising 60% of total exports. The second position in the ranking was held by Germany ($X), with an 18% share of total exports. It was followed by the Czech Republic, with a 9.6% share.

From 2012 to 2022, the average annual growth rate of value to the United States totaled +87.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+72.1% per year) and the Czech Republic (+32.0% per year).

Export Prices by Country

The average export price for fully or partly automatic electric machines for arc welding of metals stood at $X per unit in 2022, jumping by 28% against the previous year. Over the period under review, the export price saw a strong increase. The pace of growth was the most pronounced in 2016 an increase of 973% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the near future.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Romania ($X per unit) and Mexico ($X per unit), while the average price for exports to Zimbabwe ($X per unit) and Germany ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+35.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fully Or Partly Automatic Electric Machines For Arc Welding Of Metals

Imports into South Africa

In 2022, imports of fully or partly automatic electric machines for arc welding of metals into South Africa surged to X units, rising by 1,328% against the previous year. Over the period under review, imports showed a remarkable increase. Over the period under review, imports of attained the maximum at X units in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, imports of fully or partly automatic electric machines for arc welding of metals soared to $X in 2022. In general, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Japan (X units), the United States (X units) and Germany (X units) were the main suppliers of imports of fully or partly automatic electric machines for arc welding of metals to South Africa, together comprising 92% of total imports.

From 2012 to 2022, the biggest increases were recorded for Japan (with a CAGR of +62.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), the United States ($X) and Germany ($X) appeared to be the largest fully or partly automatic arc welding machine suppliers to South Africa, together accounting for 92% of total imports.

Japan, with a CAGR of +60.7%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for fully or partly automatic electric machines for arc welding of metals stood at $X per unit in 2022, increasing by 4.5% against the previous year. In general, the import price saw buoyant growth. The pace of growth was the most pronounced in 2017 when the average import price increased by 67% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Japan ($X per unit) and China ($X per unit), while the price for Canada ($X per unit) and Germany ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+17.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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