Report Update Nov 1, 2024

South Africa - Grinding, Sanding or Polishing Machines - Market Analysis, Forecast, Size, Trends and Insights

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South Africa: Market for Grinding, Sanding and Polishing Machines 2024

Market Size for Grinding, Sanding and Polishing Machines in South Africa

For the third year in a row, the South African market for grinding, sanding and polishing machines recorded growth in sales value, which increased by 21% to $X in 2021. In general, consumption posted a significant expansion. Over the period under review, the market attained the maximum level in 2021 and is likely to see gradual growth in the near future.

Production of Grinding, Sanding and Polishing Machines in South Africa

In value terms, grinding, sanding and polishing machine production amounted to $X in 2021 estimated in export price. Over the period under review, production, however, saw slight growth. The growth pace was the most rapid in 2017 with an increase of 4.7%. Grinding, sanding and polishing machine production peaked at $X in 2019; afterwards, it flattened through to 2021.

Exports of Grinding, Sanding and Polishing Machines

Exports from South Africa

After two years of decline, overseas shipments of grinding, sanding and polishing machines increased by 20% to X units in 2021. Overall, exports, however, showed a deep reduction. The pace of growth appeared the most rapid in 2018 with an increase of 21% against the previous year. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, grinding, sanding and polishing machine exports surged to $X in 2021. In general, exports, however, showed a deep setback. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Botswana (X units), Kenya (X units) and Zambia (X units) were the main destinations of grinding, sanding and polishing machine exports from South Africa, with a combined 45% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Kenya (with a CAGR of +70.6%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for grinding, sanding and polishing machine exported from South Africa were Kenya ($X), Zambia ($X) and Botswana ($X), together accounting for 48% of total exports.

Kenya, with a CAGR of +59.0%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average export price for grinding, sanding and polishing machines stood at $X per unit in 2021, rising by 23% against the previous year. In general, the export price, however, showed a mild decline. The pace of growth was the most pronounced in 2017 when the average export price increased by 35%. As a result, the export price reached the peak level of $X per unit. From 2018 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Zambia ($X per unit), while the average price for exports to Mozambique ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Botswana (+3.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Grinding, Sanding and Polishing Machines

Imports into South Africa

Grinding, sanding and polishing machine imports into South Africa skyrocketed to X units in 2021, picking up by 24% against 2020 figures. Over the period under review, imports saw a significant increase. The most prominent rate of growth was recorded in 2014 with an increase of 123% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are likely to see steady growth in the immediate term.

In value terms, grinding, sanding and polishing machine imports surged to $X in 2021. In general, imports saw a strong expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X units) was the main supplier of grinding, sanding and polishing machine to South Africa, accounting for a 98% share of total imports. It was followed by India (X units), with a 0.1% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +46.0%.

In value terms, China ($X) constituted the largest supplier of grinding, sanding and polishing machines to South Africa, comprising 70% of total imports. The second position in the ranking was held by India ($X), with less than 0.1% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +25.9%.

Import Prices by Country

In 2021, the average import price for grinding, sanding and polishing machines amounted to $X per unit, surging by 183% against the previous year. Overall, the import price, however, faced a deep downturn. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per unit), while the price for India amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-13.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for grinding, sanding and polishing machines in the world?

The countries with the highest volumes of grinding, sanding and polishing machine consumption in 2021 were the United States, China and the Netherlands, with a combined 37% share of global consumption.

What are the largest producers of grinding, sanding and polishing machines in the world?

The country with the largest volume of grinding, sanding and polishing machine production was China, comprising approx. 43% of total volume. Moreover, grinding, sanding and polishing machine production in China exceeded the figures recorded by the second-largest producer, India, fivefold. Japan ranked third in terms of total production with a 5.5% share.

What are the leading suppliers of grinding, sanding and polishing machines to South Africa?

In value terms, China constituted the largest supplier of grinding, sanding and polishing machine to South Africa, comprising 77% of total imports. The second position in the ranking was occupied by Italy, with a 5.7% share of total imports. It was followed by Taiwan Chinese), with a 3.7% share.

What are the leading importers of grinding, sanding and polishing machines from South Africa?

In value terms, Namibia, Zambia and Botswana were the largest markets for grinding, sanding and polishing machine exported from South Africa worldwide, together accounting for 59% of total exports. Malawi, Mozambique, Ghana, Kenya and Nigeria lagged somewhat behind, together comprising a further 28%.

What is the average export price for grinding, sanding and polishing machines in South Africa?

In 2021, the average export price for grinding, sanding and polishing machines amounted to $24 per unit, falling by -15.2% against the previous year.

What is the average import price for grinding, sanding and polishing machines in South Africa?

In 2021, the average import price for grinding, sanding and polishing machines amounted to $11 per unit, dropping by -1.6% against the previous year.

This report provides an in-depth analysis of the market for grinding, sanding and polishing machine in South Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28491263 - Grinding, sanding or polishing machines for working wood, c ork, bone, hard rubber, hard plastics or similar hard materials

Country coverage:

South Africa

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in South Africa
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023