SADC: Gouges And Chisels Market 2024

Gouges And Chisels Market Size in SADC

The SADC gouges and chisels market contracted modestly to $X in 2022, with a decrease of X% against the previous year. Over the period under review, consumption, however, saw a noticeable decrease. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Gouges And Chisels Production in SADC

In value terms, gouges and chisels production declined modestly to $X in 2022 estimated in export price. Overall, production saw a abrupt downturn. The pace of growth was the most pronounced in 2017 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Gouges And Chisels Exports

Exports in SADC

In 2022, the amount of planes, chisels and gouges for working wood exported in SADC contracted significantly to X tons, which is down by X% compared with 2021 figures. In general, exports saw a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, gouges and chisels exports reduced dramatically to $X in 2022. Overall, exports continue to indicate a abrupt downturn. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

South Africa prevails in exports structure, amounting to X tons, which was near X% of total exports in 2022. The following exporters - Namibia (X kg), Tanzania (X kg) and Mauritius (X kg) - each finished at a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to gouges and chisels exports from South Africa stood at X%. At the same time, Mauritius (X%) and Tanzania (X%) displayed positive paces of growth. Moreover, Mauritius emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2022. By contrast, 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. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In South Africa, gouges and chisels exports declined by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Mauritius (X% per year) and Namibia (X% per year).

Export Prices by Country

The export price in SADC stood at $X per ton in 2022, shrinking by X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2021, and then shrank in the following year.

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 Mauritius ($X per ton), while Tanzania ($X per ton) was amongst the lowest.

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

Gouges And Chisels Imports

Imports in SADC

In 2022, gouges and chisels imports in SADC expanded to X tons, with an increase of X% against 2021. In general, imports, however, recorded a slight setback. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The volume of import peaked at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, gouges and chisels imports declined slightly to $X in 2022. Overall, imports, however, recorded a noticeable contraction. The pace of growth appeared the most rapid in 2021 with an increase of X%. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

South Africa (X tons) and Tanzania (X tons) represented the major importers of planes, chisels and gouges for working wood in 2022, recording approx. X% and X% of total imports, respectively. Democratic Republic of the Congo (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Angola (X%), Zimbabwe (X%), Mozambique (X%), Zambia (X%) and Namibia (X%).

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Namibia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X) constitutes the largest market for imported planes, chisels and gouges for working wood in SADC, comprising X% of total imports. The second position in the ranking was taken by Zimbabwe ($X), with a X% share of total imports. It was followed by Angola, with a X% share.

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

Import Prices by Country

In 2022, the import price in SADC amounted to $X per ton, waning by X% against the previous year. Over the period under review, the import price showed a slight setback. The growth pace was the most rapid in 2013 an increase of X% against the previous year. As a result, import price attained 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 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 Mozambique (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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