South Africa: Thermoforming Machine Market 2025

Thermoforming Machine Market Size in South Africa

In 2021, the South African thermoforming machine market decreased by -66.5% to $X, falling for the second year in a row after two years of growth. Over the period under review, consumption faced a deep reduction. Thermoforming machine consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Thermoforming Machine Exports

Exports from South Africa

In 2021, approx. X units of thermoforming machines for working rubber or plastics were exported from South Africa; rising by 373% on the previous year. In general, exports enjoyed a prominent increase. The most prominent rate of growth was recorded in 2018 when exports increased by 375% against the previous year. As a result, the exports reached the peak of X units. From 2019 to 2021, the growth of the exports failed to regain momentum.

In value terms, thermoforming machine exports dropped significantly to $X in 2021. Over the period under review, exports, however, saw a abrupt setback. The most prominent rate of growth was recorded in 2014 with an increase of 146%. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

Exports by Country

Kenya (X units) was the main destination for thermoforming machine exports from South Africa, accounting for a 79% share of total exports. Moreover, thermoforming machine exports to Kenya exceeded the volume sent to the second major destination, Swaziland (X units), sixfold.

From 2012 to 2021, the average annual growth rate of volume to Kenya was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Swaziland (+9.9% per year) and Namibia (+16.7% per year).

In value terms, Kenya ($X) emerged as the key foreign market for thermoforming machines for working rubber or plastics exports from South Africa, comprising 63% of total exports. The second position in the ranking was taken by Swaziland ($X), with a 31% share of total exports. It was followed by Namibia, with a 6.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Kenya was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Swaziland (-14.6% per year) and Namibia (+9.4% per year).

Export Prices by Country

In 2021, the average thermoforming machine export price amounted to $X per unit, which is down by -95.5% against the previous year. In general, the export price faced a sharp setback. The growth pace was the most rapid in 2014 an increase of 353% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 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, amid the top suppliers, the country with the highest price was Mozambique ($X per unit), while the average price for exports to Namibia ($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 Zambia (+16.9%), while the prices for the other major destinations experienced a decline.

Thermoforming Machine Imports

Imports into South Africa

In 2021, purchases abroad of thermoforming machines for working rubber or plastics decreased by -54.8% to X units, falling for the second consecutive year after three years of growth. Overall, imports recorded a abrupt descent. The most prominent rate of growth was recorded in 2018 when imports increased by 292% against the previous year. Imports peaked at X units in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, thermoforming machine imports dropped rapidly to $X in 2021. In general, imports faced a drastic downturn. The pace of growth appeared the most rapid in 2018 when imports increased by 269%. Imports peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Germany (X units) constituted the largest thermoforming machine supplier to South Africa, with a 60% share of total imports. Moreover, thermoforming machine imports from Germany exceeded the figures recorded by the second-largest supplier, Thailand (X units), twofold. China (X units) ranked third in terms of total imports with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany totaled +4.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (-74.3% per year) and China (-7.4% per year).

In value terms, Germany ($X) constituted the largest supplier of thermoforming machines for working rubber or plastics to South Africa, comprising 56% of total imports. The second position in the ranking was taken by Thailand ($X), with a 22% share of total imports. It was followed by China, with an 18% share.

From 2012 to 2021, the average annual growth rate of value from Germany amounted to +129.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (-56.2% per year) and China (-11.9% per year).

Import Prices by Country

The average thermoforming machine import price stood at $X per unit in 2021, declining by -12.8% against the previous year. Overall, the import price saw a pronounced curtailment. The pace of growth appeared the most rapid in 2016 an increase of 273% against the previous year. As a result, import price attained the peak level of $X per unit. From 2017 to 2021, the average import prices remained at a 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 China ($X per unit), while the price for the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+71.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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