South Africa - Unmounted Tool Inserts, Sintered Metal Carbides or Cermet Plates, Sticks, Tips - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Unmounted Tool Inserts, Sticks or Plates in South Africa - 2023
Contents:
- Price for Unmounted Tool Inserts, Sticks or Plates in South Africa (CIF) - 2022
- Price for Unmounted Tool Inserts, Sticks or Plates in South Africa (FOB) - 2022
- Imports of Unmounted Tool Inserts, Sticks or Plates in South Africa
- Exports of Unmounted Tool Inserts, Sticks or Plates in South Africa
Price for Unmounted Tool Inserts, Sticks or Plates in South Africa (CIF) - 2022
The average import price for unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips stood at $174,781 per ton in 2022, surging by 15% against the previous year. Over the period under review, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips increased by +56.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 37%. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the immediate term.
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 Israel ($864,225 per ton), while the price for China ($62,146 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+14.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Unmounted Tool Inserts, Sticks or Plates in South Africa (FOB) - 2022
In 2022, the average export price for unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips amounted to $32,726 per ton, with a decrease of -10.2% against the previous year. In general, the export price recorded a mild descent. The pace of growth appeared the most rapid in 2021 an increase of 40%. The export price peaked at $41,942 per ton in 2014; however, from 2015 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 Germany ($129,681 per ton), while the average price for exports to Zimbabwe ($5,794 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 Democratic Republic of the Congo (+17.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Unmounted Tool Inserts, Sticks or Plates in South Africa
In 2022, the amount of unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips imported into South Africa shrank markedly to 211 tons, with a decrease of -24.7% on 2021. Over the period under review, imports saw a drastic downturn. The smallest decline of -10.8% was in 2021.
In value terms, imports of unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips fell to $37M in 2022. In general, imports continue to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 22% against the previous year.
| Import of Unmounted Tool Inserts, Sticks or Plates in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Israel | 17.3 | 14.6 | 20.7 | 17.2 | -0.2% |
| Germany | 5.4 | 4.0 | 5.9 | 4.8 | -3.9% |
| China | 9.9 | 6.6 | 5.4 | 4.0 | -26.1% |
| Sweden | 2.3 | 2.0 | 2.6 | 3.3 | 12.8% |
| South Korea | 2.6 | 2.2 | 3.0 | 2.5 | -1.3% |
| United States | 3.6 | 2.8 | 1.4 | 1.2 | -30.7% |
| India | 0.8 | 0.6 | 0.9 | 0.9 | 4.0% |
| Japan | 1.1 | 0.6 | 0.6 | 0.8 | -10.1% |
| Others | 2.2 | 1.6 | 2.1 | 2.3 | 1.5% |
| Total | 45.4 | 35.0 | 42.7 | 36.9 | -6.7% |
Top Suppliers of Unmounted Tool Inserts, Sticks or Plates to South Africa in 2022:
- China (63.7 tons)
- Germany (39.2 tons)
- Sweden (23.4 tons)
- Israel (19.9 tons)
- Japan (11.9 tons)
- South Korea (11.8 tons)
- India (11.4 tons)
- United States (7.4 tons)
Exports of Unmounted Tool Inserts, Sticks or Plates in South Africa
After two years of decline, shipments abroad of unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips increased by 8.5% to 66 tons in 2022. Over the period under review, exports, however, continue to indicate a pronounced decline.
In value terms, exports of unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips fell to $2.2M in 2022. The total export value increased at an average annual rate of +7.2% 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 25% against the previous year. As a result, the exports reached the peak of $2.2M, and then fell slightly in the following year.
| Export of Unmounted Tool Inserts, Sticks or Plates in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 256 | 140 | 302 | 355 | 11.5% |
| Brazil | 30.9 | 191 | 326 | 282 | 109.0% |
| Switzerland | 25.2 | 6.1 | 31.6 | 154 | 82.8% |
| Zimbabwe | 196 | 199 | 101 | 117 | -15.8% |
| Madagascar | 94.5 | 37.0 | 60.8 | 86.5 | -2.9% |
| Italy | 150 | 5.3 | 24.4 | 81.9 | -18.3% |
| United States | 3.0 | 26.1 | 9.2 | 70.3 | 186.2% |
| Lesotho | 0.3 | 3.1 | 2.7 | 64.5 | 499.1% |
| Swaziland | 63.1 | 70.0 | 66.3 | 62.1 | -0.5% |
| Zambia | 81.7 | 14.9 | 40.9 | 54.3 | -12.7% |
| Democratic Republic of the Congo | 39.5 | 20.8 | 48.2 | 50.4 | 8.5% |
| Mozambique | 40.8 | 14.3 | 56.6 | 41.7 | 0.7% |
| Sierra Leone | 93.7 | N/A | 2.7 | 4.6 | -63.4% |
| Others | 692 | 1,065 | 1,160 | 750 | 2.7% |
| Total | 1,766 | 1,792 | 2,232 | 2,174 | 7.2% |
Top Export Markets for Unmounted Tool Inserts, Sticks or Plates from South Africa in 2022:
- Zimbabwe (20.1 tons)
- Zambia (6.8 tons)
- Lesotho (5.6 tons)
- Switzerland (5.4 tons)
- Brazil (5.3 tons)
- Swaziland (4.7 tons)
- Madagascar (3.1 tons)
- Germany (2.7 tons)
- United States (2.2 tons)
- Mozambique (1.8 tons)
- Democratic Republic of the Congo (1.4 tons)
- Italy (0.9 tons)
- Sierra Leone (0.3 tons)
This report provides an in-depth analysis of the market for unmounted tool inserts, sticks or plates 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 25736067 - Indexable inserts for tools, unmounted, of sintered metal carbides and cermets
- Prodcom 25736090 - Unmounted sintered metal carbides or cermet plates, sticks, t ips and the like for tools (excluding indexable inserts)
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
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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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