Report Update Nov 1, 2024

South Africa - Planing, Milling or Moulding Machines - Market Analysis, Forecast, Size, Trends and Insights

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South Africa: Wood Milling Machine Market 2024

Wood Milling Machine Market Size in South Africa

The South African wood milling machine market skyrocketed to $X in 2021, jumping by 96% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw buoyant growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Wood Milling Machine Exports

Exports from South Africa

In 2021, approx. X units of planing, milling or moulding machines were exported from South Africa; declining by -70.9% on the previous year's figure. Overall, exports recorded a abrupt decrease. The pace of growth appeared the most rapid in 2016 with an increase of 133%. As a result, the exports attained the peak of X units. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, wood milling machine exports rose sharply to $X in 2021. In general, exports recorded a drastic downturn. The pace of growth was the most pronounced in 2017 when exports increased by 154% against the previous year. Over the period under review, the exports attained the maximum at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

Swaziland (X units) was the main destination for wood milling machine exports from South Africa, accounting for a 50% share of total exports. Moreover, wood milling machine exports to Swaziland exceeded the volume sent to the second major destination, Namibia (X units), threefold. The third position in this ranking was taken by Zambia (X units), with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Swaziland totaled -10.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Namibia (+0.1% per year) and Zambia (-4.0% per year).

In value terms, Zimbabwe ($X), Swaziland ($X) and Zambia ($X) were the largest markets for wood milling machine exported from South Africa worldwide, together comprising 64% of total exports. Democratic Republic of the Congo, Mozambique, Namibia, Botswana and Lesotho lagged somewhat behind, together comprising a further 31%.

Among the main countries of destination, Mozambique, with a CAGR of +6.1%, 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

In 2021, the average wood milling machine export price amounted to $X per unit, picking up by 263% against the previous year. Overall, the export price posted prominent growth. The growth pace was the most rapid in 2017 when the average export price increased by 404% against the previous year. Over the period under review, the average export prices reached the maximum in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($X per unit), while the average price for exports to Lesotho ($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 Botswana (+18.6%), while the prices for the other major destinations experienced more modest paces of growth.

Wood Milling Machine Imports

Imports into South Africa

In 2021, the amount of planing, milling or moulding machines imported into South Africa soared to X units, picking up by 96% against the previous year's figure. Over the period under review, imports enjoyed a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, wood milling machine imports surged to $X in 2021. In general, imports, however, saw a pronounced contraction. The growth pace was the most rapid in 2014 when imports increased by 54%. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, China (X units) was the main wood milling machine supplier to South Africa, accounting for a approx. 99.9% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from China totaled +20.0%.

In value terms, China ($X) constituted the largest supplier of planing, milling or moulding machines to South Africa.

From 2012 to 2021, the average annual growth rate of value from China totaled +10.0%.

Import Prices by Country

The average wood milling machine import price stood at $X per unit in 2021, waning by -36.8% against the previous year. Over the period under review, the import price continues to indicate a abrupt descent. The pace of growth was the most pronounced in 2017 when the average import price increased by 0.8% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2021, the rate of growth in terms of prices for China amounted to -8.4% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for planing, milling or moulding machines in the world?

The country with the largest volume of wood milling machine consumption was South Africa, accounting for 46% of total volume. Moreover, wood milling machine consumption in South Africa exceeded the figures recorded by the second-largest consumer, China, threefold. The third position in this ranking was occupied by the United States, with a 4.9% share.

What are the largest producers of planing, milling or moulding machines in the world?

China constituted the country with the largest volume of wood milling machine production, accounting for 45% of total volume. Moreover, wood milling machine production in China exceeded the figures recorded by the second-largest producer, Taiwan Chinese), threefold. Japan ranked third in terms of total production with a 4.7% share.

What are the leading suppliers of planing, milling or moulding machines to South Africa?

In value terms, the largest wood milling machine suppliers to South Africa were China, Germany and Taiwan Chinese), with a combined 72% share of total imports. These countries were followed by Turkey and Austria, which together accounted for a further 11%.

What are the leading importers of planing, milling or moulding machines from South Africa?

In value terms, Zimbabwe remains the key foreign market for wood milling machine exports from South Africa, comprising 34% of total exports. The second position in the ranking was occupied by Zambia, with a 10% share of total exports. It was followed by Angola, with an 8.1% share.

What is the average export price for planing, milling or moulding machines in South Africa?

The average wood milling machine export price stood at $34 per unit in 2021, declining by -15.2% against the previous year.

What is the average import price for planing, milling or moulding machines in South Africa?

In 2021, the average wood milling machine import price amounted to $1 per unit, with a decrease of -27.5% against the previous year.

This report provides an in-depth analysis of the wood milling machine market in South Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28491250 - Planing, milling or moulding (by cutting) machines for working wood, cork, bone, hard rubber, hard plastics or similar hard materials

Country coverage:

South Africa

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in South Africa
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023