South Africa: Wood Slicing Machine Market 2024

Wood Slicing Machine Market Size in South Africa

The South African wood slicing machine market declined modestly to $X in 2021, shrinking by -2.2% against the previous year. Over the period under review, consumption recorded a perceptible decrease. Wood slicing machine consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Wood Slicing Machine Production in South Africa

In value terms, wood slicing machine production skyrocketed to $X in 2021 estimated in export price. Overall, production, however, showed a noticeable curtailment. The pace of growth appeared the most rapid in 2019 when the production volume increased by 91% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Wood Slicing Machine Exports

Exports from South Africa

Wood slicing machine exports from South Africa skyrocketed to X units in 2021, surging by 45% against the previous year's figure. In general, exports, however, saw a slight decline. The most prominent rate of growth was recorded in 2019 with an increase of 148%. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, wood slicing machine exports rose rapidly to $X in 2021. Overall, exports, however, faced a abrupt descent. The growth pace was the most rapid in 2015 with an increase of 132% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Lesotho (X units) was the main destination for wood slicing machine exports from South Africa, accounting for a 39% share of total exports. Moreover, wood slicing machine exports to Lesotho exceeded the volume sent to the second major destination, Australia (X units), twofold. The third position in this ranking was held by Namibia (X units), with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Lesotho stood at +9.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (0.0% per year) and Namibia (+36.1% per year).

In value terms, Australia ($X), Zimbabwe ($X) and Tanzania ($X) were the largest markets for wood slicing machine exported from South Africa worldwide, with a combined 59% share of total exports.

Australia, with a CAGR of +314.4%, recorded the highest growth rate of the value of exports, among 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

In 2021, the average wood slicing machine export price amounted to $X per unit, reducing by -24.4% against the previous year. Over the period under review, the export price saw a deep slump. The pace of growth was the most pronounced in 2015 an increase of 147% against the previous year. The export price peaked at $X per unit in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, 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 Mozambique (+13.8%), while the prices for the other major destinations experienced more modest paces of growth.

Wood Slicing Machine Imports

Imports into South Africa

In 2021, the amount of splitting, slicing or paring machines imported into South Africa reduced dramatically to X units, falling by -87% compared with the previous year. Over the period under review, imports recorded a pronounced decrease. The pace of growth was the most pronounced in 2018 with an increase of 1,693%. As a result, imports reached the peak of X units. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, wood slicing machine imports dropped markedly to $X in 2021. Overall, imports showed a abrupt curtailment. The pace of growth appeared the most rapid in 2018 when imports increased by 1,092%. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, China (X units) was the main wood slicing machine supplier to South Africa, accounting for a 97% share of total imports. It was followed by Denmark (X units), with a 0.9% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (-31.6% per year) and the United States (-33.9% per year).

In value terms, China ($X) constituted the largest supplier of splitting, slicing or paring machines to South Africa, comprising 86% of total imports. The second position in the ranking was taken by Denmark ($X), with a 3.8% share of total imports.

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: Denmark (-29.5% per year) and the United States (-18.1% per year).

Import Prices by Country

In 2021, the average wood slicing machine import price amounted to $X per unit, with an increase of 15% against the previous year. Overall, the import price, however, showed a pronounced curtailment. The pace of growth appeared the most rapid in 2015 when the average import price increased by 183% against the previous year. The import price peaked at $X per unit in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Estonia (+126.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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