South Africa - Bending Or Assembling Machines - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

South Africa - Bending Or Assembling Machines - Market Analysis, Forecast, Size, Trends And Insights

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Wood Bending Machine Price in South Africa - 2023

Contents:

  1. Wood Bending Machine Price in South Africa (FOB) - 2022
  2. Wood Bending Machine Price in South Africa (CIF) - 2022
  3. Wood Bending Machine Exports in South Africa
  4. Wood Bending Machine Imports in South Africa

Wood Bending Machine Price in South Africa (FOB) - 2022

The average wood bending machine export price stood at $3,700 per unit in 2022, reducing by -83.8% against the previous year. In general, the export price continues to indicate a drastic downturn. The pace of growth appeared the most rapid in 2021 when the average export price increased by 268%. The export price peaked at $24,927 per unit in 2013; however, from 2014 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 Ghana ($8,560 per unit), while the average price for exports to Ethiopia ($259 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 Madagascar (+191.0%), while the prices for the other major destinations experienced mixed trend patterns.

Wood Bending Machine Price in South Africa (CIF) - 2022

The average wood bending machine import price stood at $3,665 per unit in 2022, growing by 171% against the previous year. In general, the import price enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2018 an increase of 238%. As a result, import price reached the peak level of $4,351 per unit. From 2019 to 2022, the average import prices remained at a lower figure.

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 ($14,595 per unit), while the price for China ($175 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+25.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Wood Bending Machine Exports in South Africa

In 2022, wood bending machine exports from South Africa surged to 59 units, increasing by 40% compared with the previous year. The total export volume increased at an average annual rate of +3.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, wood bending machine exports contracted markedly to $219K in 2022. Overall, exports, however, continue to indicate a perceptible decline. The pace of growth appeared the most rapid in 2021 when exports increased by 178%. As a result, the exports reached the peak of $954K, and then reduced sharply in the following year.

Export of Wood Bending Machine in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Namibia6.831.671.979.6127.1%
Zimbabwe99.872.238.842.6-24.7%
Mozambique13.30.30.232.835.1%
Swaziland25.914.40.126.00.1%
KenyaN/AN/AN/A10.90%
Ghana22.2N/AN/A8.6-27.1%
Botswana12.956.52.45.8-23.4%
SwedenN/AN/AN/A4.10%
Zambia10.70.46.01.3-50.5%
EthiopiaN/AN/AN/A0.30%
Democratic Republic of the Congo40.7N/A1.90.3-80.5%
Burkina FasoN/AN/A0.3N/A0%
Others21.31688336.8-31.7%
Total254343954219-4.8%

Top Export Markets for Wood Bending Machine from South Africa in 2022:

  1. Namibia (20.0 units)
  2. Mozambique (16.0 units)
  3. Zimbabwe (6.0 units)
  4. Swaziland (5.0 units)
  5. Kenya (3.0 units)
  6. Sweden (3.0 units)
  7. Botswana (2.0 units)
  8. Ghana (1.0 units)
  9. Ethiopia (1.0 units)

Wood Bending Machine Imports in South Africa

In 2022, approx. 725 units of bending or assembling machines were imported into South Africa; rising by 4.6% compared with 2021. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +13.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -19.2% against 2020 indices. The growth pace was the most rapid in 2020 when imports increased by 80%. As a result, imports attained the peak of 897 units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, wood bending machine imports surged to $2.7M in 2022. In general, imports showed a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 235%. As a result, imports attained the peak of $3.4M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Wood Bending Machine in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany3.91,4611012,150720.0%
China12518316498.8-7.5%
United States3210.60.30.4-89.2%
MalaysiaN/A53271.1N/A-86.6%
Others5741,256601408-10.8%
Total1,0233,4329382,65837.5%

Top Suppliers of Wood Bending Machine to South Africa in 2022:

  1. China (564.0 units)
  2. Germany (147.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the wood bending machine 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 28491265 - Bending or assembling machines for working wood, cork, b one, hard rubber, hard plastics or similar hard materials

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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