SADC: Mattocks And Rakes Market 2024

Mattocks And Rakes Market Size in SADC

In 2022, the SADC mattocks and rakes market decreased by X% to $X for the first time since 2015, thus ending a six-year rising trend. Over the period under review, consumption, however, showed a strong increase. Over the period under review, the market attained the peak level at $X in 2021, and then fell in the following year.

Mattocks And Rakes Production in SADC

In value terms, mattocks and rakes production expanded significantly to $X in 2022 estimated in export price. Over the period under review, production, however, saw a perceptible slump. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Mattocks And Rakes Exports

Exports in SADC

In 2022, after two years of growth, there was significant decline in overseas shipments of mattocks, picks, hoes and rakes, when their volume decreased by X% to X tons. Over the period under review, exports saw a perceptible slump. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, mattocks and rakes exports contracted to $X in 2022. Overall, exports saw a mild downturn. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

South Africa prevails in exports structure, recording X tons, which was near X% of total exports in 2022. It was distantly followed by Malawi (X tons), creating a X% share of total exports. The following exporters - Namibia (X tons) and Mozambique (X tons) - each recorded a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to mattocks and rakes exports from South Africa stood at X%. At the same time, Malawi (X%) displayed positive paces of growth. Moreover, Malawi emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2022. Mozambique experienced a relatively flat trend pattern. By contrast, Namibia (X%) illustrated a downward trend over the same period. While the share of Malawi (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Namibia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest mattocks and rakes supplier in SADC, comprising X% of total exports. The second position in the ranking was taken by Malawi ($X), with a X% share of total exports. It was followed by Mozambique, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa stood at X%. In the other countries, the average annual rates were as follows: Malawi (X% per year) and Mozambique (X% per year).

Export Prices by Country

In 2022, the export price in SADC amounted to $X per ton, dropping by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton, and then declined modestly in the following year.

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

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

Mattocks And Rakes Imports

Imports in SADC

After four years of growth, supplies from abroad of mattocks, picks, hoes and rakes decreased by X% to X tons in 2022. Over the period under review, imports, however, posted a resilient increase. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, imports reached the maximum at X tons in 2021, and then declined in the following year.

In value terms, mattocks and rakes imports reduced to $X in 2022. Overall, imports, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2021, and then fell in the following year.

Imports by Country

Mozambique represented the main importer of mattocks, picks, hoes and rakes in SADC, with the volume of imports finishing at X tons, which was approx. X% of total imports in 2022. Tanzania (X tons) ranks second in terms of the total imports with a X% share, followed by Angola (X%). Democratic Republic of the Congo (X tons) followed a long way behind the leaders.

Mozambique was also the fastest-growing in terms of the mattocks, picks, hoes and rakes imports, with a CAGR of X% from 2012 to 2022. At the same time, Angola (X%) displayed positive paces of growth. Tanzania experienced a relatively flat trend pattern. By contrast, Democratic Republic of the Congo (X%) illustrated a downward trend over the same period. Mozambique (X p.p.) and Democratic Republic of the Congo (X p.p.) significantly strengthened its position in terms of the total imports, while Angola and Tanzania saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, Mozambique ($X) constitutes the largest market for imported mattocks, picks, hoes and rakes in SADC, comprising X% of total imports. The second position in the ranking was held by Tanzania ($X), with a X% share of total imports. It was followed by Angola, with an X% share.

In Mozambique, mattocks and rakes imports expanded at an average annual rate of X% over the period from 2012-2022. 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

The import price in SADC stood at $X per ton in 2022, stabilizing at the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the import prices remained at a 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 ($X per ton), while Democratic Republic of the Congo ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform