South Africa - Metal Cutting Shears And Similar Hand Tools - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

South Africa - Metal Cutting Shears And Similar Hand Tools - Market Analysis, Forecast, Size, Trends And Insights

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Metal Cutting Shear Price in South Africa - 2023

Contents:

  1. Metal Cutting Shear Price in South Africa (CIF) - 2022
  2. Metal Cutting Shear Price in South Africa (FOB) - 2022
  3. Metal Cutting Shear Imports in South Africa
  4. Metal Cutting Shear Exports in South Africa

Metal Cutting Shear Price in South Africa (CIF) - 2022

The average metal cutting shear import price stood at $7,719 per ton in 2022, surging by 7.1% against the previous year. Over the period under review, the import price, however, recorded a pronounced setback. The most prominent rate of growth was recorded in 2020 an increase of 25% against the previous year. The import price peaked at $11,512 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($21,579 per ton), while the price for China ($5,059 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Metal Cutting Shear Price in South Africa (FOB) - 2022

The average metal cutting shear export price stood at $5,933 per ton in 2022, falling by -25.3% against the previous year. In general, the export price showed a perceptible downturn. The pace of growth was the most pronounced in 2021 an increase of 70% against the previous year. Over the period under review, the average export prices attained the peak figure at $9,365 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Mozambique ($14,036 per ton), while the average price for exports to Zimbabwe ($4,011 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Zambia (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Cutting Shear Imports in South Africa

In 2022, metal cutting shear imports into South Africa reduced notably to 92 tons, falling by -16% on 2021. Over the period under review, imports showed a noticeable curtailment. The growth pace was the most rapid in 2021 when imports increased by 89%. As a result, imports attained the peak of 110 tons, and then shrank rapidly in the following year.

In value terms, metal cutting shear imports fell to $713K in 2022. In general, total imports indicated a tangible expansion from 2019 to 2022: its value increased at an average annual rate of +3.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 71% against the previous year. As a result, imports reached the peak of $794K, and then reduced in the following year.

Import of Metal Cutting Shear in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3421803523823.8%
Taiwan (Chinese)12886.3122118-2.7%
Germany40.148.862.153.910.4%
India5.918.070.815.437.7%
United Arab Emirates39.343.018.4N/A-31.6%
Others97.188.616914414.0%
Total6534647947133.0%

Top Suppliers of Metal Cutting Shear to South Africa in 2022:

  1. China (75.6 tons)
  2. Taiwan (Chinese) (8.8 tons)
  3. Germany (2.5 tons)
  4. India (1.9 tons)

Metal Cutting Shear Exports in South Africa

Metal cutting shear exports from South Africa surged to 29 tons in 2022, increasing by 18% on the previous year's figure. Overall, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 128% against the previous year. As a result, the exports reached the peak of 66 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, metal cutting shear exports fell to $173K in 2022. In general, exports, however, showed a deep downturn. The pace of growth was the most pronounced in 2020 when exports increased by 33% against the previous year. As a result, the exports attained the peak of $311K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Metal Cutting Shear in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Zimbabwe21.928.022.953.935.0%
Mozambique15.421.826.123.114.5%
Namibia19.618.915.421.22.7%
Zambia28.28.420.119.4-11.7%
Swaziland59.715.614.919.0-31.7%
Botswana40.015.122.118.1-23.2%
Lesotho4.11.54.53.7-3.4%
TogoN/A172N/AN/A0%
Others44.128.969.514.3-31.3%
Total233311195173-9.4%

Top Export Markets for Metal Cutting Shear from South Africa in 2022:

  1. Zimbabwe (13.4 tons)
  2. Botswana (4.1 tons)
  3. Swaziland (3.7 tons)
  4. Zambia (2.2 tons)
  5. Namibia (2.1 tons)
  6. Mozambique (1.6 tons)
  7. Lesotho (0.7 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the metal cutting shear 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 25733023 - Metal cutting shears and similar hand tools

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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