Africa: Band Saw Blade Market 2024

Band Saw Blade Market Size in Africa

The African band saw blade market expanded modestly to $X in 2022, with an increase of X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. Over the period under review, the market reached the peak level in 2022 and is likely to continue growth in the near future.

Band Saw Blade Production in Africa

In value terms, band saw blade production shrank modestly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of X%. The level of production peaked at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Band Saw Blade Exports

Exports in Africa

In 2022, shipments abroad of band saw blades decreased by X% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of X%. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, band saw blade exports totaled $X in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by X%. The level of export peaked in 2022 and is likely to see steady growth in the near future.

Exports by Country

The biggest shipments were from South Africa (X tons), together amounting to X% of total export.

South Africa experienced a relatively flat trend pattern with regard to volume of exports of band saw blades. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) also remains the largest band saw blade supplier in Africa.

In South Africa, band saw blade exports remained relatively stable over the period from 2012-2022.

Export Prices by Country

The export price in Africa stood at $X per ton in 2022, remaining constant against the previous year. In general, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X% against the previous year. Over the period under review, the export prices reached the maximum in 2022 and is likely to see steady growth in the near future.

As there is only one major export destination, the average price level is determined by prices for South Africa.

From 2012 to 2022, the rate of growth in terms of prices for South Africa amounted to X% per year.

Band Saw Blade Imports

Imports in Africa

In 2022, the amount of band saw blades imported in Africa skyrocketed to X tons, with an increase of X% on the previous year's figure. Total imports indicated a slight increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, band saw blade imports rose remarkably to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.

Imports by Country

In 2022, Mozambique (X tons), South Africa (X tons) and Ghana (X tons) represented the largest importer of band saw blades in Africa, comprising X% of total import. Cameroon (X tons) held the next position in the ranking, followed by Nigeria (X tons) and Gabon (X tons). All these countries together took near X% share of total imports. Angola (X tons), Morocco (X tons), Tanzania (X tons), Ethiopia (X tons), Zimbabwe (X tons), Botswana (X tons) and Namibia (X tons) took a minor share of total imports.

From 2012 to 2022, the biggest increases were recorded for Mozambique (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X) constitutes the largest market for imported band saw blades in Africa, comprising X% of total imports. The second position in the ranking was held by Ghana ($X), with a X% share of total imports. It was followed by Mozambique, with a X% share.

From 2012 to 2022, the average annual growth rate of value in South Africa amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: Ghana (X% per year) and Mozambique (X% per year).

Import Prices by Country

In 2022, the import price in Africa amounted to $X per ton, waning by X% against the previous year. Import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, band saw blade import price decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2016 an increase of X%. Over the period under review, import prices hit record highs at $X per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was South Africa ($X per ton), while Nigeria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ethiopia (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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