South Africa - In-Hand Motor Grinders, Sanders And Planers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in South Africa - 2024
Contents:
- Price for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in South Africa (CIF) - 2024
- Price for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in South Africa (FOB) - 2022
- Imports of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in South Africa
- Exports of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in South Africa
Price for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in South Africa (CIF) - 2024
The average import price for in-hand motor grinders, sanders and planers stood at $40.9 per unit in January 2024, increasing by 66% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2023 when the average import price increased by 68% m-o-m. As a result, import price attained the peak level of $67.6 per unit. From December 2023 to January 2024, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was Germany ($251 per unit), while the price for China ($25.9 per unit) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Germany (+9.9%), while the prices for the other major suppliers experienced a decline.
Price for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in South Africa (FOB) - 2022
In 2022, the average export price for in-hand motor grinders, sanders and planers amounted to $62 per unit, rising by 84% against the previous year. Overall, the export price, however, saw a pronounced descent. The growth pace was the most rapid in 2018 when the average export price increased by 216%. Over the period under review, the average export prices attained the peak figure at $122 per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malawi ($102 per unit), while the average price for exports to the Czech Republic ($9.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malawi (+1.5%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in South Africa
After three years of growth, overseas purchases of in-hand motor grinders, sanders and planers decreased by -37.7% to 1.1M units in 2022. In general, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 114%. Over the period under review, imports of hit record highs at 1.8M units in 2021, and then contracted sharply in the following year.
In value terms, imports of in-hand motor grinders, sanders and planers dropped significantly to $41M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +7.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +34.8% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 70% against the previous year. As a result, imports reached the peak of $51M, and then declined sharply in the following year.
| Import of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 18.4 | 17.1 | 33.2 | 24.8 | 10.5% |
| Germany | 3.3 | 3.7 | 5.0 | 3.7 | 3.9% |
| Malaysia | 2.9 | 2.4 | 1.7 | 2.2 | -8.8% |
| Hungary | 0.6 | 0.3 | 0.5 | 0.5 | -5.9% |
| Others | 7.9 | 6.7 | 11.1 | 9.7 | 7.1% |
| Total | 33.0 | 30.3 | 51.5 | 40.8 | 7.3% |
Top Suppliers of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor to South Africa in 2022:
- China (970.4K units)
- Germany (38.7K units)
- Malaysia (31.7K units)
- Hungary (25.4K units)
Exports of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in South Africa
In 2022, overseas shipments of in-hand motor grinders, sanders and planers decreased by -92.9% to 13K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports faced a significant curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 161%. The exports peaked at 185K units in 2021, and then dropped rapidly in the following year.
In value terms, exports of in-hand motor grinders, sanders and planers shrank remarkably to $812K in 2022. In general, exports continue to indicate a dramatic downturn. The pace of growth was the most pronounced in 2021 with an increase of 51%. As a result, the exports attained the peak of $6.3M, and then reduced sharply in the following year.
| Export of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malawi | 102 | 196 | 101 | 315 | 45.6% |
| Namibia | 951 | 946 | 1,613 | 116 | -50.4% |
| Botswana | 598 | 619 | 830 | 59.4 | -53.7% |
| Zimbabwe | 371 | 566 | 791 | 52.2 | -48.0% |
| Zambia | 654 | 487 | 634 | 42.0 | -60.0% |
| Mozambique | 486 | 422 | 585 | 39.4 | -56.7% |
| Australia | 34.7 | 0.9 | 67.0 | 17.5 | -20.4% |
| Swaziland | 115 | 117 | 175 | 13.4 | -51.2% |
| Netherlands | 52.7 | 83.1 | 36.5 | 12.8 | -37.6% |
| Germany | 198 | 8.6 | 212 | 12.4 | -60.3% |
| Japan | 24.1 | 6.7 | 15.3 | 10.2 | -24.9% |
| Czech Republic | 75.3 | 64.4 | 133 | 9.2 | -50.4% |
| Italy | N/A | 3.8 | N/A | 5.7 | 22.5% |
| Others | 1,004 | 618 | 1,072 | 107 | -52.6% |
| Total | 4,667 | 4,138 | 6,265 | 812 | -44.2% |
Top Export Markets for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor from South Africa in 2022:
- Malawi (3078.0 units)
- Namibia (1632.0 units)
- Netherlands (1008.0 units)
- Czech Republic (965.0 units)
- Botswana (846.0 units)
- Australia (663.0 units)
- Japan (579.0 units)
- Zambia (546.0 units)
- Italy (535.0 units)
- Zimbabwe (524.0 units)
- Mozambique (521.0 units)
- Germany (431.0 units)
- Swaziland (321.0 units)
This report provides an in-depth analysis of the market for electromechanical tools for working in the hand, with self-contained electric motor 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:
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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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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
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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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