South Africa: Confectionery-Making Industrial Machinery Market 2024

Confectionery-Making Industrial Machinery Exports

Exports from South Africa

In 2022, the amount of industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate exported from South Africa dropped to X units, which is down by -14.3% against 2021. Over the period under review, exports saw a deep contraction. The pace of growth was the most pronounced in 2018 when exports increased by 559%. The exports peaked at X units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, confectionery-making industrial machinery exports shrank to $X in 2022. In general, exports saw a pronounced curtailment. The growth pace was the most rapid in 2018 when exports increased by 648% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Mozambique (X units) was the main destination for confectionery-making industrial machinery exports from South Africa, with a 50% share of total exports. Moreover, confectionery-making industrial machinery exports to Mozambique exceeded the volume sent to the second major destination, Zimbabwe (X units), threefold. The third position in this ranking was held by Democratic Republic of the Congo (X units), with a 17% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Mozambique amounted to +19.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Zimbabwe (+7.2% per year) and Democratic Republic of the Congo (+9.1% per year).

In value terms, Mozambique ($X) emerged as the key foreign market for industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate exports from South Africa, comprising 47% of total exports. The second position in the ranking was held by Democratic Republic of the Congo ($X), with a 17% share of total exports. It was followed by Zimbabwe, with a 16% share.

From 2012 to 2022, the average annual growth rate of value to Mozambique totaled +36.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Democratic Republic of the Congo (+65.8% per year) and Zimbabwe (+26.3% per year).

Export Prices by Country

The average confectionery-making industrial machinery export price stood at $X per unit in 2022, with an increase of 11% against the previous year. In general, the export price recorded a noticeable increase. The growth pace was the most rapid in 2016 when the average export price increased by 96%. Over the period under review, the average export prices hit record highs at $X per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Lebanon ($X per unit) and Zimbabwe ($X per unit), while the average price for exports to Zambia ($X per unit) and Swaziland ($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 Lebanon (+38.0%), while the prices for the other major destinations experienced more modest paces of growth.

Confectionery-Making Industrial Machinery Imports

Imports into South Africa

Confectionery-making industrial machinery imports into South Africa fell markedly to X units in 2022, declining by -15.4% compared with the previous year. Over the period under review, imports showed a abrupt downturn. The pace of growth was the most pronounced in 2016 with an increase of 298% against the previous year. Over the period under review, imports reached the peak figure at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, confectionery-making industrial machinery imports contracted to $X in 2022. Overall, imports saw a deep slump. The pace of growth appeared the most rapid in 2016 with an increase of 198% against the previous year. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

China (X units), Italy (X units) and Germany (X units) were the main suppliers of confectionery-making industrial machinery imports to South Africa, together accounting for 82% of total imports. These countries were followed by the UK, Colombia, Belgium, Turkey and the Netherlands, which together accounted for a further 13%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK (with a CAGR of +12.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest confectionery-making industrial machinery suppliers to South Africa were China ($X), Italy ($X) and Germany ($X), with a combined 82% share of total imports. The UK, Colombia, Belgium, Turkey and the Netherlands lagged somewhat behind, together accounting for a further 12%.

Among the main suppliers, Belgium, with a CAGR of +8.2%, recorded the highest rates of growth with regard to 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 2022, the average confectionery-making industrial machinery import price amounted to $X per unit, therefore, remained relatively stable against the previous year. In general, the import price, however, showed a noticeable curtailment. The most prominent rate of growth was recorded in 2014 an increase of 79% against the previous year. As a result, import price attained the peak level of $X per unit. From 2015 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Colombia ($X per unit) and the UK ($X per unit), while the price for the Netherlands ($X per unit) and Belgium ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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