South Africa - Hand-Operated Drilling, Threading or Tapping Tools - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

South Africa - Hand-Operated Drilling, Threading or Tapping Tools - Market Analysis, Forecast, Size, Trends And Insights

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Price for Hand-Operated Drilling, Threading or Tapping Tool in South Africa - 2023

Contents:

  1. Price for Hand-Operated Drilling, Threading or Tapping Tool in South Africa (FOB) - 2022
  2. Price for Hand-Operated Drilling, Threading or Tapping Tool in South Africa (CIF) - 2022
  3. Exports of Hand-Operated Drilling, Threading or Tapping Tool in South Africa
  4. Imports of Hand-Operated Drilling, Threading or Tapping Tool in South Africa

Price for Hand-Operated Drilling, Threading or Tapping Tool in South Africa (FOB) - 2022

The average export price for hand-operated drilling, threading or tapping tools stood at $10,592 per ton in 2022, increasing by 32% against the previous year. Over the last decade, it increased at an average annual rate of +3.0%. The export price peaked at $11,441 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Namibia ($20,099 per ton), while the average price for exports to Zambia ($2,788 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 Rwanda (+15.8%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Hand-Operated Drilling, Threading or Tapping Tool in South Africa (CIF) - 2022

The average import price for hand-operated drilling, threading or tapping tools stood at $9,347 per ton in 2022, increasing by 10% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 86%. Over the period under review, average import prices attained the peak figure at $11,959 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

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 ($42,734 per ton), while the price for China ($4,902 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Hand-Operated Drilling, Threading or Tapping Tool in South Africa

After three years of growth, overseas shipments of hand-operated drilling, threading or tapping tools decreased by -19.5% to 133 tons in 2022. The total export volume increased at an average annual rate of +3.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when exports increased by 29% against the previous year.

In value terms, exports of hand-operated drilling, threading or tapping tools expanded rapidly to $1.4M in 2022. The total export value increased at an average annual rate of +4.2% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 14%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.

Export of Hand-Operated Drilling, Threading or Tapping Tool in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Botswana399300292326-6.5%
RwandaN/A7.534.5227450.2%
Namibia89.369.211915520.2%
Democratic Republic of the Congo97.38.724.81114.5%
Zambia67.137.517391.310.8%
Swaziland84.583.998.576.6-3.2%
Lesotho88.241711570.9-7.0%
Zimbabwe48.566.216266.210.9%
Mozambique94.243.111256.4-15.7%
Others274131194226-6.2%
Total1,2421,1641,3251,4064.2%

Top Export Markets for Hand-Operated Drilling, Threading or Tapping Tool from South Africa in 2022:

  1. Zambia (32.8 tons)
  2. Botswana (20.1 tons)
  3. Rwanda (13.5 tons)
  4. Zimbabwe (11.2 tons)
  5. Lesotho (8.3 tons)
  6. Democratic Republic of the Congo (8.2 tons)
  7. Namibia (7.7 tons)
  8. Swaziland (6.5 tons)
  9. Mozambique (4.8 tons)

Imports of Hand-Operated Drilling, Threading or Tapping Tool in South Africa

In 2022, imports of hand-operated drilling, threading or tapping tools into South Africa declined to 68 tons, dropping by -2.5% compared with the previous year. Over the period under review, imports showed a noticeable decline.

In value terms, imports of hand-operated drilling, threading or tapping tools rose remarkably to $634K in 2022. The total import value increased at an average annual rate of +2.1% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 33%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Hand-Operated Drilling, Threading or Tapping Tool in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2201922842686.8%
Denmark0.23.45.299.9693.4%
Germany68.925.986.190.29.4%
India43.114.123.628.3-13.1%
Taiwan (Chinese)37.719.526.616.4-24.2%
Others227187164132-16.5%
Total5974425896342.0%

Top Suppliers of Hand-Operated Drilling, Threading or Tapping Tool to South Africa in 2022:

  1. China (54.6 tons)
  2. Denmark (4.7 tons)
  3. India (2.8 tons)
  4. Germany (2.1 tons)
  5. Taiwan (Chinese) (0.9 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for hand-operated drilling, threading or tapping tool 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 25733053 - Drilling, threading or tapping hand tools excluding interchangeable hand tools, machine-tools or power-operated hand tools, pneumatic tools or hand tools with a selfcontained motor

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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