South Africa: Sugar-Manufacturing Industrial Machinery Market 2024

Sugar-Manufacturing Industrial Machinery Market Size in South Africa

The South African sugar-manufacturing industrial machinery market stood at $X in 2022, remaining relatively unchanged against the previous year. The market value increased at an average annual rate of +1.2% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2016 with an increase of 6.2%. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Sugar-Manufacturing Industrial Machinery Production in South Africa

In value terms, sugar-manufacturing industrial machinery production reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.2% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2016 with an increase of 3.9% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Sugar-Manufacturing Industrial Machinery Exports

Exports from South Africa

Sugar-manufacturing industrial machinery exports from South Africa reduced remarkably to X units in 2022, declining by -16.4% against 2021 figures. In general, exports saw a deep slump. The pace of growth was the most pronounced in 2015 when exports increased by 1,250%. As a result, the exports attained the peak of X units. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, sugar-manufacturing industrial machinery exports dropped to $X in 2022. Overall, exports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2018 with an increase of 850% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Swaziland (X units) was the main destination for sugar-manufacturing industrial machinery exports from South Africa, with a 58% share of total exports. Moreover, sugar-manufacturing industrial machinery exports to Swaziland exceeded the volume sent to the second major destination, Tanzania (X units), fourfold. The third position in this ranking was taken by Egypt (X units), with a 5.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Swaziland totaled -8.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tanzania (+8.4% per year) and Egypt (0.0% per year).

In value terms, Swaziland ($X) emerged as the key foreign market for industrial machinery for the manufacture or preparation of sugar exports from South Africa, comprising 58% of total exports. The second position in the ranking was taken by Tanzania ($X), with a 14% share of total exports. It was followed by Egypt, with a 5.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Swaziland stood at -5.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tanzania (-7.6% per year) and Egypt (0.0% per year).

Export Prices by Country

The average sugar-manufacturing industrial machinery export price stood at $X per unit in 2022, rising by 9.4% against the previous year. Overall, the export price continues to indicate a moderate expansion. The growth pace was the most rapid in 2016 an increase of 260% against the previous year. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Mauritius ($X per unit) and Zimbabwe ($X per unit), while the average price for exports to Mozambique ($X per unit) and France ($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 Indonesia (+97.2%), while the prices for the other major destinations experienced more modest paces of growth.

Sugar-Manufacturing Industrial Machinery Imports

Imports into South Africa

In 2022, purchases abroad of industrial machinery for the manufacture or preparation of sugar increased by 86% to X units, rising for the second year in a row after four years of decline. Over the period under review, imports, however, showed a pronounced decrease. The most prominent rate of growth was recorded in 2021 with an increase of 1,238% against the previous year. Over the period under review, imports hit record highs at X units in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, sugar-manufacturing industrial machinery imports soared to $X in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 1,234% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, India (X units) constituted the largest sugar-manufacturing industrial machinery supplier to South Africa, accounting for a 77% share of total imports. Moreover, sugar-manufacturing industrial machinery imports from India exceeded the figures recorded by the second-largest supplier, China (X units), threefold.

From 2012 to 2022, the average annual growth rate of volume from India stood at +84.5%.

In value terms, India ($X) constituted the largest supplier of industrial machinery for the manufacture or preparation of sugar to South Africa, comprising 77% of total imports. The second position in the ranking was taken by China ($X), with a 22% share of total imports. It was followed by the Netherlands, with a 0.1% share.

From 2012 to 2022, the average annual growth rate of value from India totaled +69.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+49.5% per year) and the Netherlands (-41.2% per year).

Import Prices by Country

The average sugar-manufacturing industrial machinery import price stood at $X per unit in 2022, increasing by 7.2% against the previous year. In general, the import price posted a strong expansion. The pace of growth was the most pronounced in 2016 an increase of 274%. The import price peaked at $X per unit in 2018; afterwards, it flattened through to 2022.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from India ($X per unit) and China ($X per unit), while the price for the United States ($X per unit) and the Netherlands ($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 Netherlands (+36.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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