SADC: Hydraulic Press Market 2024

Hydraulic Press Market Size in SADC

The SADC hydraulic press market surged to $X in 2022, with an increase of X% against the previous year. The total consumption indicated a resilient increase 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. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Hydraulic Press Production in SADC

In value terms, hydraulic press production expanded to $X in 2022 estimated in export price. In general, production enjoyed resilient growth. The pace of growth appeared the most rapid in 2017 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Hydraulic Press Exports

Exports in SADC

In 2022, hydraulic press exports in SADC expanded slightly to X units, growing by X% on the previous year's figure. In general, exports saw tangible growth. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. The volume of export peaked at X units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, hydraulic press exports amounted to $X in 2022. Over the period under review, exports continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2015 when exports increased by X%. The level of export peaked in 2022 and is likely to continue growth in years to come.

Exports by Country

South Africa dominates exports structure, finishing at X units, which was approx. X% of total exports in 2022. It was distantly followed by Zambia (X units), achieving an X% share of total exports. The following exporters - Namibia (X units), Botswana (X units) and Tanzania (X units) - together made up X% of total exports.

South Africa was also the fastest-growing in terms of the hydraulic presses for working metal exports, with a CAGR of X% from 2012 to 2022. At the same time, Zambia (X%), Tanzania (X%) and Botswana (X%) displayed positive paces of growth. By contrast, Namibia (X%) illustrated a downward trend over the same period. While the share of South Africa (X p.p.), Zambia (X p.p.), Botswana (X p.p.) and Tanzania (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Namibia (X p.p.) displayed negative dynamics.

In value terms, South Africa ($X) remains the largest hydraulic press supplier in SADC, comprising X% of total exports. The second position in the ranking was held by Zambia ($X), with a X% share of total exports. It was followed by Botswana, with a X% share.

In South Africa, hydraulic press exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Zambia (X% per year) and Botswana (X% per year).

Export Prices by Country

In 2022, the export price in SADC amounted to $X per unit, picking up by X% against the previous year. Over the period under review, the export price enjoyed resilient growth. The most prominent rate of growth was recorded in 2018 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat 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 ($X per unit), while Namibia ($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.

Hydraulic Press Imports

Imports in SADC

In 2022, purchases abroad of hydraulic presses for working metal increased by X% to X units, rising for the second year in a row after two years of decline. Total imports indicated a notable expansion 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 growth pace was the most rapid in 2018 with an increase of X%. As a result, imports reached the peak of X units. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, hydraulic press imports soared to $X in 2022. In general, imports saw a pronounced expansion. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports failed to regain momentum.

Imports by Country

South Africa represented the main importer of hydraulic presses for working metal in SADC, with the volume of imports recording X units, which was near X% of total imports in 2022. Angola (X units) ranks second in terms of the total imports with a X% share, followed by Mozambique (X%) and Tanzania (X%). Madagascar (X units), Zambia (X units) and Mauritius (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to hydraulic press imports into South Africa stood at X%. At the same time, Mozambique (X%), Mauritius (X%), Tanzania (X%), Madagascar (X%), Angola (X%) and Zambia (X%) displayed positive paces of growth. Moreover, Mozambique emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2022. While the share of Mozambique (X p.p.) and Tanzania (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of South Africa (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported hydraulic presses for working metal in SADC, comprising X% of total imports. The second position in the ranking was held by Tanzania ($X), with a X% share of total imports. It was followed by Angola, with a X% share.

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

Import Prices by Country

In 2022, the import price in SADC amounted to $X per unit, picking up by X% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2021 to 2022, the import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was South Africa ($X per unit), while Mozambique ($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) :