South Africa: Metal Deburring Machine Market 2024

Metal Deburring Machine Market Size in South Africa

The South African metal deburring machine market declined to $X in 2021, which is down by -9.1% against the previous year. Over the period under review, consumption showed a abrupt decline. Metal deburring machine consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Metal Deburring Machine Production in South Africa

In value terms, metal deburring machine production dropped significantly to $X in 2021 estimated in export price. In general, production showed a abrupt shrinkage. The growth pace was the most rapid in 2020 when the production volume increased by 345% against the previous year. Metal deburring machine production peaked at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Metal Deburring Machine Exports

Exports from South Africa

In 2021, metal deburring machine exports from South Africa contracted sharply to X units, dropping by -56.8% compared with the previous year. Overall, exports saw a deep slump. The pace of growth was the most pronounced in 2014 with an increase of 86% against the previous year. As a result, the exports attained the peak of X units. From 2015 to 2021, the growth of the exports remained at a lower figure.

In value terms, metal deburring machine exports dropped notably to $X in 2021. In general, exports faced a abrupt setback. The most prominent rate of growth was recorded in 2014 when exports increased by 67% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Lesotho (X units), Namibia (X units) and Mauritius (X units) were the main destinations of metal deburring machine exports from South Africa, together accounting for 52% 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 Mauritius (with a CAGR of +34.3%), while the other leaders experienced mixed trend patterns.

In value terms, Mozambique ($X), the United States ($X) and Mauritius ($X) constituted the largest markets for metal deburring machine exported from South Africa worldwide, together accounting for 34% of total exports.

Mauritius, with a CAGR of +28.1%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average metal deburring machine export price stood at $X per unit in 2021, increasing by 59% against the previous year. In general, the export price enjoyed a tangible expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per unit), while the average price for exports to Lesotho ($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 the United States (+16.4%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Deburring Machine Imports

Imports into South Africa

In 2021, purchases abroad of machines for deburring or polishing metal was finally on the rise to reach X units for the first time since 2016, thus ending a four-year declining trend. In general, imports, however, showed a abrupt setback. The pace of growth was the most pronounced in 2016 with an increase of 95%. Imports peaked at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, metal deburring machine imports rose sharply to $X in 2021. Overall, imports, however, saw a abrupt descent. The pace of growth was the most pronounced in 2019 when imports increased by 170% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X units) constituted the largest supplier of metal deburring machine to South Africa, with a 82% share of total imports. Moreover, metal deburring machine imports from China exceeded the figures recorded by the second-largest supplier, Israel (X units), more than tenfold. The third position in this ranking was taken by France (X units), with a 3.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at -4.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Israel (-8.7% per year) and France (-18.4% per year).

In value terms, China ($X), France ($X) and Brazil ($X) were the largest metal deburring machine suppliers to South Africa, with a combined 79% share of total imports.

In terms of the main suppliers, Brazil, with a CAGR of 0.0%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2021, the average metal deburring machine import price amounted to $X per unit, increasing by 9.7% against the previous year. In general, the import price enjoyed a perceptible expansion. The pace of growth was the most pronounced in 2019 when the average import price increased by 297% against the previous year. As a result, import price attained the peak level of $X per unit. From 2020 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was France ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+20.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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