SADC: Market for In-Hand Motor Grinders, Sanders And Planers 2024

Market Size for In-Hand Motor Grinders, Sanders And Planers in SADC

The SADC market for in-hand motor grinders, sanders and planers skyrocketed to $X in 2021, surging by 65% against the previous year. The total consumption indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +5.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of In-Hand Motor Grinders, Sanders And Planers in SADC

In value terms, production of in-hand motor grinders, sanders and planers surged to $X in 2021 estimated in export price. Overall, production faced a abrupt setback. The growth pace was the most rapid in 2017 with an increase of 50%. The level of production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of In-Hand Motor Grinders, Sanders And Planers

Exports in SADC

In 2021, shipments abroad of in-hand motor grinders, sanders and planers increased by 116% to X units, rising for the second consecutive year after two years of decline. Overall, exports showed buoyant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of in-hand motor grinders, sanders and planers skyrocketed to $X in 2021. Total exports indicated a moderate expansion from 2012 to 2021: its value increased at an average annual rate of +3.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of 54% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

The shipments of the one major exporters of in-hand motor grinders, sanders and planers, namely South Africa, represented more than two-thirds of total export.

South Africa was also the fastest-growing in terms of the in-hand motor grinders, sanders and planers exports, with a CAGR of +12.1% from 2012 to 2021. From 2012 to 2021, the share of South Africa increased by +3.8 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) also remains the largest electromechanical tools for working in the hand, with self-contained electric motor supplier in SADC.

From 2012 to 2021, the average annual growth rate of value in South Africa totaled +3.9%.

Export Prices by Country

In 2021, the export price in SADC amounted to $X per unit, dropping by -30.9% against the previous year. In general, the export price recorded a abrupt setback. The pace of growth appeared the most rapid in 2018 when the export price increased by 59% against the previous year. The level of export peaked at $X per unit in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for South Africa amounted to -7.4% per year.

Imports of In-Hand Motor Grinders, Sanders And Planers

Imports in SADC

In 2021, purchases abroad of in-hand motor grinders, sanders and planers was finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. Total imports indicated notable growth from 2012 to 2021: its volume increased at an average annual rate of +3.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of in-hand motor grinders, sanders and planers surged to $X in 2021. Total imports indicated a temperate increase from 2012 to 2021: its value increased at an average annual rate of +4.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

South Africa prevails in planers structure, resulting at X units, which was approx. 77% of total imports in 2021. It was distantly followed by Mozambique (X units), mixing up a 6.3% share of total imports. The following importers - Democratic Republic of the Congo (X units), Madagascar (X units), Mauritius (X units) and Namibia (X units) - together made up 11% of total imports.

From 2012 to 2021, average annual rates of growth with regard to electromechanical tools for working in the hand, with self-contained electric motor imports into South Africa stood at +1.7%. At the same time, Mozambique (+39.0%), Madagascar (+26.3%), Democratic Republic of the Congo (+24.3%), Namibia (+9.6%) and Mauritius (+6.9%) displayed positive paces of growth. Moreover, Mozambique emerged as the fastest-growing importer imported in SADC, with a CAGR of +39.0% from 2012-2021. While the share of Mozambique (+5.8 p.p.), Democratic Republic of the Congo (+3.3 p.p.) and Madagascar (+2.6 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of South Africa (-15.9 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported in-hand motor grinders, sanders and planers in SADC, comprising 71% of total imports. The second position in the ranking was held by Mozambique ($X), with a 4.2% share of total imports. It was followed by Democratic Republic of the Congo, with a 3.3% share.

In South Africa, imports of in-hand motor grinders, sanders and planers increased at an average annual rate of +3.3% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Mozambique (+14.5% per year) and Democratic Republic of the Congo (+12.3% per year).

Import Prices by Country

The import price in SADC stood at $X per unit in 2021, declining by -10.4% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the import price increased by 21% against the previous year. As a result, import price reached the peak level of $X per unit. From 2015 to 2021, the import prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Namibia ($X per unit), while Mozambique ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Africa (+1.5%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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