South Africa: Market for In-Hand Motor Grinders, Sanders And Planers 2024

Market Size for In-Hand Motor Grinders, Sanders And Planers in South Africa

After two years of decline, the South African market for in-hand motor grinders, sanders and planers increased by 73% to $X in 2021. In general, the total consumption indicated perceptible growth from 2012 to 2021: its value increased at an average annual rate of +2.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Exports of In-Hand Motor Grinders, Sanders And Planers

Exports from South Africa

In 2021, shipments abroad of in-hand motor grinders, sanders and planers increased by 121% to X units, rising for the second year in a row after two years of decline. Overall, exports showed resilient growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of in-hand motor grinders, sanders and planers soared to $X in 2021. Over the period under review, total exports indicated a temperate expansion from 2012 to 2021: its value increased at an average annual rate of +3.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of 60% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports of failed to regain momentum.

Exports by Country

Namibia (X units), Botswana (X units) and Zambia (X units) were the main destinations of exports of in-hand motor grinders, sanders and planers from South Africa, together comprising 53% of total exports. These countries were followed by Mozambique, Zimbabwe, the Czech Republic, Swaziland, Germany, Lesotho and Democratic Republic of the Congo, which together accounted for a further 36%.

From 2012 to 2021, the biggest increases were in Germany (with a CAGR of +78.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Namibia ($X), Botswana ($X) and Zimbabwe ($X) were the largest markets for electromechanical tools for working in the hand, with self-contained electric motor exported from South Africa worldwide, with a combined 51% share of total exports. Zambia, Mozambique, Germany, Swaziland, Democratic Republic of the Congo, Lesotho and the Czech Republic lagged somewhat behind, together accounting for a further 33%.

In terms of the main countries of destination, Germany, with a CAGR of +64.1%, 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

The average export price for in-hand motor grinders, sanders and planers stood at $X per unit in 2021, falling by -31.5% against the previous year. Overall, the export price saw a abrupt decrease. The pace of growth was the most pronounced in 2018 when the average export price increased by 60% against the previous year. The export price peaked at $X per unit 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 Democratic Republic of the Congo ($X per unit), while the average price for exports to the Czech Republic ($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 Democratic Republic of the Congo (-4.1%), while the prices for the other major destinations experienced a decline.

Imports of In-Hand Motor Grinders, Sanders And Planers

Imports into South Africa

In 2021, purchases abroad of in-hand motor grinders, sanders and planers was finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. Overall, total imports indicated modest growth from 2012 to 2021: its volume increased at an average annual rate of +1.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of in-hand motor grinders, sanders and planers skyrocketed to $X in 2021. In general, total imports indicated a temperate expansion from 2012 to 2021: its value increased at an average annual rate of +3.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained 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 electromechanical tools for working in the hand, with self-contained electric motor to South Africa, with a 90% share of total imports. It was followed by Germany (X units), with a 2.9% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from China stood at +9.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-0.7% per year) and Malaysia (-1.2% per year).

In value terms, China ($X) constituted the largest supplier of electromechanical tools for working in the hand, with self-contained electric motor to South Africa, comprising 63% of total imports. The second position in the ranking was held by Germany ($X), with a 9.5% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China amounted to +6.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-3.6% per year) and Malaysia (-6.9% per year).

Import Prices by Country

In 2021, the average import price for in-hand motor grinders, sanders and planers amounted to $X per unit, reducing by -10.1% against the previous year. Over the last nine years, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2014 when the average import price increased by 20%. As a result, import price reached the peak level of $X per unit. From 2015 to 2021, the average import prices remained 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 Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-2.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :