South Africa - Ploughs For Agricultural Purposes - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPlough Price in South Africa - 2023
Contents:
- Plough Price in South Africa (CIF) - 2022
- Plough Price in South Africa (FOB) - 2022
- Plough Imports in South Africa
- Plough Exports in South Africa
Plough Price in South Africa (CIF) - 2022
The average plough import price stood at $1,706 per unit in 2022, increasing by 2.9% against the previous year. Overall, the import price enjoyed a buoyant expansion. The growth pace was the most rapid in 2017 when the average import price increased by 43% against the previous year. The import price peaked at $1,732 per unit in 2018; afterwards, it flattened through to 2022.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Pakistan ($1,706 per unit) and Germany ($1,706 per unit), while the price for China ($1,706 per unit) and Mexico ($1,706 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Botswana (+25.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Plough Price in South Africa (FOB) - 2022
The average plough export price stood at $1,634 per unit in 2022, increasing by 10% against the previous year. Over the period under review, the export price saw a strong increase. The growth pace was the most rapid in 2016 when the average export price increased by 46% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the near future.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Madagascar ($1,634 per unit) and Namibia ($1,634 per unit), while the average price for exports to Zambia ($1,634 per unit) and Mozambique ($1,634 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lesotho (+22.8%), while the prices for the other major destinations experienced more modest paces of growth.
Plough Imports in South Africa
In 2022, approx. 1.4K units of ploughs for agricultural purposes were imported into South Africa; picking up by 10% on 2021. Over the period under review, imports enjoyed resilient growth. The growth pace was the most rapid in 2021 with an increase of 88% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, plough imports expanded markedly to $2.4M in 2022. In general, imports recorded a resilient increase. The most prominent rate of growth was recorded in 2021 when imports increased by 91% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in years to come.
| Import of Plough in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 457 | 5.8 | 398 | 1,029 | 31.1% |
| India | 175 | 186 | 566 | 553 | 46.7% |
| China | 108 | 237 | 386 | 324 | 44.2% |
| Mexico | 124 | 184 | 43.0 | 145 | 5.4% |
| Brazil | 106 | 87.9 | 317 | 133 | 7.9% |
| Netherlands | 0.8 | N/A | 25.1 | 90.2 | 383.1% |
| Turkey | 118 | 22.0 | 58.5 | 67.0 | -17.2% |
| Germany | 81.3 | 32.4 | 69.0 | 10.1 | -50.1% |
| Pakistan | 173 | 108 | 105 | 3.9 | -71.8% |
| Norway | N/A | 219 | N/A | N/A | 0% |
| Others | 172 | 26.6 | 150 | 47.3 | -35.0% |
| Total | 1,514 | 1,109 | 2,119 | 2,403 | 16.6% |
Top Suppliers of Plough to South Africa in 2022:
- United States (603.0 units)
- India (324.0 units)
- China (190.0 units)
- Mexico (85.0 units)
- Brazil (78.0 units)
- Netherlands (53.0 units)
- Turkey (39.0 units)
- Germany (6.0 units)
- Pakistan (2.0 units)
Plough Exports in South Africa
In 2022, approx. 1.6K units of ploughs for agricultural purposes were exported from South Africa; picking up by 22% against 2021. Over the period under review, exports enjoyed prominent growth. The pace of growth was the most pronounced in 2021 when exports increased by 72% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, plough exports soared to $2.6M in 2022. In general, exports posted significant growth. The pace of growth was the most pronounced in 2021 with an increase of 62%. The exports peaked in 2022 and are likely to see steady growth in years to come.
| Export of Plough in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Zimbabwe | 297 | 227 | 412 | 364 | 7.0% |
| Tanzania | 138 | 99.1 | 44.1 | 348 | 36.1% |
| Swaziland | 74.9 | 80.6 | 124 | 336 | 64.9% |
| Mozambique | 130 | 83.2 | 311 | 278 | 28.8% |
| Namibia | 198 | 94.4 | 273 | 256 | 8.9% |
| Madagascar | N/A | 4.6 | 2.5 | 230 | 607.1% |
| Botswana | 317 | 372 | 252 | 215 | -12.1% |
| Zambia | 43.8 | 20.2 | 195 | 154 | 52.1% |
| Lesotho | 58.0 | 50.3 | 62.4 | 102 | 20.7% |
| Angola | 105 | 26.5 | 11.2 | 35.7 | -30.2% |
| Others | 77.8 | 114 | 216 | 243 | 46.2% |
| Total | 1,440 | 1,171 | 1,901 | 2,562 | 21.2% |
Top Export Markets for Plough from South Africa in 2022:
- Zimbabwe (223.0 units)
- Tanzania (213.0 units)
- Swaziland (205.0 units)
- Mozambique (170.0 units)
- Namibia (157.0 units)
- Madagascar (141.0 units)
- Botswana (132.0 units)
- Zambia (94.0 units)
- Lesotho (63.0 units)
- Angola (22.0 units)
This report provides an in-depth analysis of the plough 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 28303130 -
- Prodcom 28303150 -
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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