South Africa: Pile-Driver Market 2024

Pile-Driver Market Size in South Africa

In 2021, the South African pile-driver market increased by 12% to $X, rising for the fourth year in a row after two years of decline. Overall, consumption saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.

Pile-Driver Production in South Africa

In value terms, pile-driver production fell modestly to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of 5.5% against the previous year. Pile-driver production peaked at $X in 2020, and then fell slightly in the following year.

Pile-Driver Exports

Exports from South Africa

In 2021, pile-driver exports from South Africa declined significantly to X units, falling by -31.4% compared with the previous year's figure. In general, exports, however, enjoyed a noticeable expansion. The most prominent rate of growth was recorded in 2013 with an increase of 390%. The exports peaked at X units in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, pile-driver exports shrank to $X in 2021. Over the period under review, exports showed a abrupt setback. The most prominent rate of growth was recorded in 2014 with an increase of 311%. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Australia (X units), Botswana (X units) and Mali (X units) were the main destinations of pile-driver exports from South Africa, together comprising 77% of total exports.

From 2012 to 2021, the biggest increases were recorded for Botswana (with a CAGR of +31.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X), Botswana ($X) and Swaziland ($X) constituted the largest markets for pile-driver exported from South Africa worldwide, together accounting for 71% of total exports.

Australia, with a CAGR of +154.2%, 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 pile-driver export price stood at $X per unit in 2021, jumping by 37% against the previous year. In general, the export price, however, continues to indicate a abrupt downturn. The pace of growth was the most pronounced in 2014 when the average export price increased by 496% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Swaziland ($X per unit), while the average price for exports to Guinea ($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 Australia (+163.1%), while the prices for the other major destinations experienced a decline.

Pile-Driver Imports

Imports into South Africa

In 2021, purchases abroad of pile-drivers and pile-extractors increased by 292% to X units, rising for the third consecutive year after three years of decline. Overall, imports posted a remarkable increase. The pace of growth appeared the most rapid in 2013 when imports increased by 262,629% against the previous year. As a result, imports attained the peak of X units. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, pile-driver imports skyrocketed to $X in 2021. Over the period under review, imports, however, recorded a mild setback. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the Netherlands (X units) constituted the largest pile-driver supplier to South Africa, accounting for a 62% share of total imports. Moreover, pile-driver imports from the Netherlands exceeded the figures recorded by the second-largest supplier, China (X units), threefold. The third position in this ranking was taken by the United States (X units), with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the Netherlands amounted to -34.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-61.6% per year) and the United States (-54.0% per year).

In value terms, the United States ($X) constituted the largest supplier of pile-drivers and pile-extractors to South Africa, comprising 42% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 19% share of total imports. It was followed by China, with a 6.5% share.

From 2012 to 2021, the average annual growth rate of value from the United States totaled +17.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-2.7% per year) and China (+6.5% per year).

Import Prices by Country

The average pile-driver import price stood at $X per unit in 2021, growing by 70% against the previous year. In general, the import price, however, showed a deep slump. The pace of growth was the most pronounced in 2016 when the average import price increased by 141,698%. As a result, import price attained the peak level of $X per unit. From 2017 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 Ghana ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ghana (+343.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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