South Africa: Metal Sawing Machine Market 2024

Metal Sawing Machine Market Size in South Africa

After three years of growth, the South African metal sawing machine market decreased by -5.1% to $X in 2021. In general, consumption, however, recorded prominent growth. Over the period under review, the market hit record highs at $X in 2020, and then shrank in the following year.

Metal Sawing Machine Production in South Africa

In value terms, metal sawing machine production plummeted to $X in 2021 estimated in export price. Over the period under review, production, however, saw a mild increase. The growth pace was the most rapid in 2020 with an increase of 47% against the previous year. As a result, production reached the peak level of $X, and then dropped notably in the following year.

Metal Sawing Machine Exports

Exports from South Africa

In 2021, approx. X units of sawing or cutting-off machines for working metal were exported from South Africa; with an increase of 215% compared with the previous year. Over the period under review, exports, however, continue to indicate a abrupt decline. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, metal sawing machine exports skyrocketed to $X in 2021. Overall, exports, however, showed a noticeable setback. The growth pace was the most rapid in 2014 when exports increased by 74%. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Botswana (X units) was the main destination for metal sawing machine exports from South Africa, accounting for a 32% share of total exports. Moreover, metal sawing machine exports to Botswana exceeded the volume sent to the second major destination, Spain (X units), threefold. Zambia (X units) ranked third in terms of total exports with a 12% share.

From 2012 to 2021, the average annual growth rate of volume to Botswana totaled +13.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+2,094.3% per year) and Zambia (-14.8% per year).

In value terms, the largest markets for metal sawing machine exported from South Africa were Zimbabwe ($X), Botswana ($X) and Democratic Republic of the Congo ($X), together comprising 47% of total exports.

Among the main countries of destination, Zimbabwe, with a CAGR of +21.6%, 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 metal sawing machine export price amounted to $X per unit, dropping by -48% against the previous year. Over the period under review, the export price, however, recorded a noticeable expansion. The pace of growth was the most pronounced in 2017 when the average export price increased by 75%. Over the period under review, the average export prices reached the maximum at $X per unit in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Zimbabwe ($X per unit), while the average price for exports to Spain ($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 Zimbabwe (+49.6%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Sawing Machine Imports

Imports into South Africa

In 2021, after two years of decline, there was significant growth in supplies from abroad of sawing or cutting-off machines for working metal, when their volume increased by 119% to X units. In general, imports showed strong growth. The pace of growth was the most pronounced in 2016 when imports increased by 130%. Over the period under review, imports reached the maximum in 2021 and are likely to see gradual growth in years to come.

In value terms, metal sawing machine imports soared to $X in 2021. Overall, imports, however, recorded a deep contraction. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest metal sawing machine supplier to South Africa, accounting for a 87% share of total imports. Moreover, metal sawing machine imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), more than tenfold. Italy (X units) ranked third in terms of total imports with a 2.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +22.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-7.5% per year) and Italy (+0.3% per year).

In value terms, China ($X) constituted the largest supplier of sawing or cutting-off machines for working metal to South Africa, comprising 53% of total imports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a 16% share of total imports. It was followed by Germany, with a 9.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (-12.4% per year) and Germany (-16.4% per year).

Import Prices by Country

In 2021, the average metal sawing machine import price amounted to $X per unit, reducing by -35.7% against the previous year. Over the period under review, the import price recorded a deep reduction. The most prominent rate of growth was recorded in 2015 when the average import price increased by 24% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+15.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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