SADC: Metal Broaching Machine Market 2024

Metal Broaching Machine Market Size in SADC

The SADC metal broaching machine market reduced to $X.2B in 2022, waning by 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 relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, consumption attained the peak level of $X.2B. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Metal Broaching Machine Production in SADC

In value terms, metal broaching machine production fell modestly to $X.4B in 2022 estimated in export price. Overall, production, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of X%. As a result, production attained the peak level of $X.5B. From 2020 to 2022, production growth remained at a somewhat lower figure.

Metal Broaching Machine Exports

Exports in SADC

Metal broaching machine exports soared to X units in 2022, increasing by X% against the previous year. In general, exports enjoyed noticeable growth. Over the period under review, the exports hit record highs at X units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, metal broaching machine exports declined to $X in 2022. Overall, exports, however, recorded a abrupt decline. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

South Africa dominates exports structure, resulting at X units, which was near X% of total exports in 2022. It was distantly followed by Namibia (X units), constituting a X% share of total exports.

South Africa was also the fastest-growing in terms of the broaching machines for working metal exports, with a CAGR of X% from 2012 to 2022. Namibia (X%) illustrated a downward trend over the same period. South Africa (X p.p.) significantly strengthened its position in terms of the total exports, while Namibia saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, South Africa ($X) remains the largest metal broaching machine supplier in SADC, comprising X% of total exports. The second position in the ranking was held by Namibia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa stood at X%.

Export Prices by Country

The export price in SADC stood at $X per unit in 2022, waning by X% against the previous year. In general, the export price faced a abrupt curtailment. The pace of growth appeared the most rapid in 2017 an increase of X%. Over the period under review, the export prices hit record highs at $X per unit in 2021, and then shrank markedly in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was South Africa ($X per unit), while Namibia stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%).

Metal Broaching Machine Imports

Imports in SADC

In 2022, the amount of broaching machines for working metal imported in SADC shrank to X units, declining by X% on the previous year. Over the period under review, imports saw a abrupt decrease. The growth pace was the most rapid in 2019 when imports increased by X% against the previous year. The volume of import peaked at X units in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, metal broaching machine imports contracted dramatically to $X in 2022. Overall, imports showed a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

South Africa (X units) and Botswana (X units) represented roughly X% of total imports in 2022. Angola (X units) took the next position in the ranking, followed by Democratic Republic of the Congo (X units), Madagascar (X units), Tanzania (X units) and Zambia (X units). All these countries together took approx. X% share of total imports. The following importers - Mauritius (X units) and Namibia (X units) - each resulted at a X% share of total imports.

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

In value terms, Angola ($X), South Africa ($X) and Democratic Republic of the Congo ($X) were the countries with the highest levels of imports in 2022, together accounting for X% of total imports. Tanzania, Namibia, Botswana, Madagascar, Zambia and Mauritius lagged somewhat behind, together comprising a further X%.

Tanzania, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in SADC stood at $X per unit in 2022, falling by X% against the previous year. In general, the import price recorded a deep contraction. The most prominent rate of growth was recorded in 2020 an increase of X%. The level of import peaked at $X per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Angola ($X per unit), while Botswana ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tanzania (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :