SADC: Market for Unmounted Tool Inserts, Sintered Metal Carbides or Cermet Plates, Sticks, Tips 2024

Market Size for Unmounted Tool Inserts, Sintered Metal Carbides or Cermet Plates, Sticks, Tips in SADC

In 2022, the SADC market for unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips decreased by X% to $X, falling for the second consecutive year after four years of growth. The total consumption indicated a prominent expansion from 2012 to 2022: its value 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, consumption decreased by X% against 2020 indices. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Production of Unmounted Tool Inserts, Sintered Metal Carbides or Cermet Plates, Sticks, Tips in SADC

In value terms, production of unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips rose to $X in 2022 estimated in export price. Over the period under review, production showed a strong increase. The pace of growth appeared the most rapid in 2018 when the production volume increased by X%. Over the period under review, production of attained the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Unmounted Tool Inserts, Sintered Metal Carbides or Cermet Plates, Sticks, Tips

Exports in SADC

In 2022, shipments abroad of unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips increased by X% to X tons for the first time since 2017, thus ending a four-year declining trend. In general, exports, however, showed a noticeable slump. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips fell to $X in 2022. Over the period under review, exports, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. Over the period under review, the exports of hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The biggest shipments were from South Africa (X tons) and Democratic Republic of the Congo (X tons), together recording X% of total export.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Democratic Republic of the Congo (with a CAGR of X%).

In value terms, South Africa ($X) remains the largest unmounted tool inserts, sticks or plates supplier in SADC, comprising X% of total exports. The second position in the ranking was held by Democratic Republic of the Congo ($X), with a X% share of total exports.

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

Export Prices by Country

The export price in SADC stood at $X per ton in 2022, shrinking by X% against the previous year. Overall, the export price continues to indicate a deep slump. The pace of growth was the most pronounced in 2021 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was South Africa ($X per ton), while Democratic Republic of the Congo amounted to $X per ton.

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

Imports of Unmounted Tool Inserts, Sintered Metal Carbides or Cermet Plates, Sticks, Tips

Imports in SADC

In 2022, overseas purchases of unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, showed a pronounced decline. The growth pace was the most rapid in 2019 when imports increased by X%. Over the period under review, imports of reached the maximum at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, imports of unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips declined to $X in 2022. In general, imports, however, saw a pronounced contraction. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports of reached the maximum at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

South Africa represented the largest importing country with an import of about X tons, which recorded X% of total imports. It was distantly followed by Democratic Republic of the Congo (X tons) and Angola (X tons), together comprising a X% share of total imports. Zambia (X tons) held a relatively small share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Democratic Republic of the Congo (with a CAGR of X%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, South Africa ($X) constitutes the largest market for imported unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips in SADC, comprising X% of total imports. The second position in the ranking was held by Angola ($X), with a X% share of total imports. It was followed by Democratic Republic of the Congo, with a X% share.

In South Africa, imports of unmounted tool inserts, sintered metal carbides or cermet plates, sticks, tips plunged by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Angola (X% per year) and Democratic Republic of the Congo (X% per year).

Import Prices by Country

In 2022, the import price in SADC amounted to $X per ton, shrinking by X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the import price increased by X%. Over the period under review, import prices hit record highs at $X per ton in 2018; however, from 2019 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 South Africa ($X per ton), while Democratic Republic of the Congo ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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