South Africa: Harvesting Machinery Market 2024

Harvesting Machinery Market Size in South Africa

The South African harvesting machinery market contracted slightly to $X in 2021, almost unchanged from the previous year. Overall, consumption continues to indicate a pronounced decrease. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.

Harvesting Machinery Production in South Africa

In value terms, harvesting machinery production stood at $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2014 with an increase of 45% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2021, production growth remained at a lower figure.

Harvesting Machinery Exports

Exports from South Africa

In 2021, the amount of root or tuber harvesting machines exported from South Africa dropped to X units, with a decrease of -12.5% compared with 2020 figures. Overall, exports, however, posted a temperate increase. The most prominent rate of growth was recorded in 2015 when exports increased by 300% against the previous year. The exports peaked at X units in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, harvesting machinery exports dropped to $X in 2021. In general, exports, however, showed strong growth. The pace of growth was the most pronounced in 2017 when exports increased by 440% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2020, and then reduced in the following year.

Exports by Country

Russia (X units) and Zimbabwe (X units) were the main destinations of harvesting machinery exports from South Africa.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Zimbabwe (with a CAGR of +20.1%).

In value terms, Zimbabwe ($X), Russia ($X) and Zambia ($X) were the largest markets for harvesting machinery exported from South Africa worldwide, with a combined 95% share of total exports.

In terms of the main countries of destination, Zimbabwe, with a CAGR of +76.3%, recorded the highest growth rate of 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

The average harvesting machinery export price stood at $X per unit in 2021, picking up by 3.6% against the previous year. Overall, the export price posted a prominent increase. The growth pace was the most rapid in 2014 when the average export price increased by 1,025%. As a result, the export price attained the peak level of $X per unit. From 2015 to 2021, the average export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Namibia ($X per unit) and Zambia ($X per unit), while the average price for exports to Zimbabwe ($X per unit) and Russia ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Lesotho (+92.3%), while the prices for the other major destinations experienced more modest paces of growth.

Harvesting Machinery Imports

Imports into South Africa

Harvesting machinery imports into South Africa shrank sharply to X units in 2021, which is down by -56.8% compared with the year before. In general, imports saw a deep downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 57%. Imports peaked at X units in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, harvesting machinery imports contracted significantly to $X in 2021. Over the period under review, imports saw a abrupt contraction. The most prominent rate of growth was recorded in 2017 with an increase of 59% against the previous year. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

Belgium (X units), Australia (X units) and Germany (X units) were the main suppliers of harvesting machinery imports to South Africa, with a combined 89% share of total imports. Moreover, harvesting machinery imports in Belgium exceeded the figures recorded by the second-largest supplier, Australia, twofold.

From 2012 to 2021, the biggest increases were recorded for Australia (with a CAGR of 0.0%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Belgium ($X) constituted the largest supplier of root or tuber harvesting machines to South Africa, comprising 52% of total imports. The second position in the ranking was held by Australia ($X), with a 24% share of total imports. It was followed by Italy, with a 10% share.

From 2012 to 2021, the average annual growth rate of value from Belgium stood at -5.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (0.0% per year) and Italy (+10.4% per year).

Import Prices by Country

The average harvesting machinery import price stood at $X per unit in 2021, falling by -3.7% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by 30%. Over the period under review, average import prices hit record highs at $X per unit in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were Turkey ($X per unit) and Germany ($X per unit), while the price for Australia ($X per unit) and Belgium ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+28.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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