Report Update: May 1, 2024

South Africa - Numerically Controlled Sharpening Machines For Working Metal - Market Analysis, Forecast, Size, Trends And Insights

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Price for Numerically Controlled Sharpening Machine in South Africa - 2023

Price for Numerically Controlled Sharpening Machine in South Africa (CIF) - 2022

The average numerically controlled sharpening machine import price stood at $15,999 per unit in 2022, surging by 141% against the previous year. In general, the import price enjoyed a significant expansion. The growth pace was the most rapid in 2020 when the average import price increased by 161%. The import price peaked in 2022 and is expected to retain growth in the near future.

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 ($16,817 per unit), while the price for Australia ($799 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+122.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Numerically Controlled Sharpening Machine in South Africa (FOB) - 2022

In 2022, the average numerically controlled sharpening machine export price amounted to $250 per unit, rising by 21% against the previous year. Over the period under review, the export price, however, faced a abrupt contraction. The most prominent rate of growth was recorded in 2014 an increase of 319% against the previous year. As a result, the export price attained the peak level of $1,689 per unit. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($238 per unit), while the average price for exports to Botswana stood at $168 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+66.1%), while the prices for the other major destinations experienced a decline.

Imports of Numerically Controlled Sharpening Machine in South Africa

In 2022, the amount of numerically controlled sharpening machines for working metal imported into South Africa skyrocketed to 55 units, jumping by 120% against 2021 figures. Over the period under review, imports, however, showed a precipitous slump. Imports peaked at 586 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, numerically controlled sharpening machine imports soared to $880K in 2022. Overall, imports, however, showed a noticeable shrinkage. Over the period under review, imports attained the peak figure at $1M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Numerically Controlled Sharpening Machine in South Africa (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	97.6	59.3	108	874	107.7%
Spain	N/A	N/A	N/A	3.4	0%
United Kingdom	N/A	N/A	1.9	1.3	-31.6%
Australia	404	N/A	N/A	0.8	-87.4%
China	42.6	3.7	2.5	N/A	-75.8%
Switzerland	98.4	N/A	7.8	N/A	-71.8%
India	293	N/A	N/A	N/A	0%
United States	40.6	N/A	N/A	N/A	0%
Others	36.1	N/A	46.0	N/A	12.9%
Total	1,012	63.1	166	880	-4.6%

Top Suppliers of Numerically Controlled Sharpening Machine to South Africa in 2022:

Germany (52.0 units)
United Kingdom (1.0 units)
Australia (1.0 units)
Spain (1.0 units)

Exports of Numerically Controlled Sharpening Machine in South Africa

In 2022, after two years of decline, there was significant growth in overseas shipments of numerically controlled sharpening machines for working metal, when their volume increased by 6,371% to 906 units. Over the period under review, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, numerically controlled sharpening machine exports surged to $227K in 2022. In general, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Numerically Controlled Sharpening Machine in South Africa (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	N/A	N/A	N/A	209	0%
Swaziland	3.2	4.3	0.7	1.6	-20.6%
Botswana	4.5	2.2	0.1	0.8	-43.8%
United States	29.7	N/A	N/A	N/A	0%
Others	10.3	1.9	2.1	15.1	13.6%
Total	47.7	8.4	2.9	227	68.2%

Top Export Markets for Numerically Controlled Sharpening Machine from South Africa in 2022:

Germany (878.0 units)
Botswana (5.0 units)
Swaziland (3.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for numerically controlled sharpening machine 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 28412365 - Numerically controlled sharpening (tool or cutter grinding) m achines for working metal

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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