SADC: Harvesting Machinery Market 2024

Harvesting Machinery Market Size in SADC

The SADC harvesting machinery market expanded significantly to $X in 2022, picking up by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Harvesting Machinery Production in SADC

In value terms, harvesting machinery production expanded sharply to $X in 2022 estimated in export price. The total production indicated noticeable growth 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, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Harvesting Machinery Exports

Exports in SADC

After three years of growth, shipments abroad of root or tuber harvesting machines decreased by X% to X units in 2022. In general, exports, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2017 with an increase of X%. As a result, the exports reached the peak of X units. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, harvesting machinery exports declined rapidly to $X in 2022. Over the period under review, exports, however, posted a prominent increase. The pace of growth was the most pronounced in 2017 when exports increased by X%. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

South Africa was the main exporter of root or tuber harvesting machines in SADC, with the volume of exports reaching X units, which was approx. X% of total exports in 2022. Namibia (X units) held the second position in the ranking, distantly followed by Mozambique (X units) and Tanzania (X units). All these countries together held approx. X% share of total exports.

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

In value terms, Namibia ($X), South Africa ($X) and Tanzania ($X) appeared to be the countries with the highest levels of exports in 2022, together comprising X% of total exports. Mozambique lagged somewhat behind, comprising a further X%.

Among the main exporting countries, Mozambique, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in SADC stood at $X per unit in 2022, with a decrease of X% against the previous year. Over the period under review, the export price, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, the export prices hit record highs at $X per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

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

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

Harvesting Machinery Imports

Imports in SADC

In 2022, overseas purchases of root or tuber harvesting machines increased by X% to X units for the first time since 2019, thus ending a two-year declining trend. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when imports increased by X%. The volume of import peaked at X units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, harvesting machinery imports skyrocketed to $X in 2022. Total imports indicated a tangible 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. Based on 2022 figures, imports increased by X% against 2019 indices. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, South Africa (X units) was the major importer of root or tuber harvesting machines, committing X% of total imports. Swaziland (X units) took the second position in the ranking, followed by Zimbabwe (X units), Mozambique (X units), Botswana (X units) and Mauritius (X units). All these countries together took near X% share of total imports. Angola (X units) and Tanzania (X units) followed a long way behind the leaders.

South Africa experienced a relatively flat trend pattern with regard to volume of imports of root or tuber harvesting machines. At the same time, Swaziland (X%), Mozambique (X%), Zimbabwe (X%) and Mauritius (X%) displayed positive paces of growth. Moreover, Swaziland emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2022. Botswana experienced a relatively flat trend pattern. By contrast, Tanzania (X%) and Angola (X%) illustrated a downward trend over the same period. Swaziland (X p.p.), Zimbabwe (X p.p.) and Mozambique (X p.p.) significantly strengthened its position in terms of the total imports, while Tanzania, South Africa and Angola saw its share reduced by X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported root or tuber harvesting machines in SADC, comprising X% of total imports. The second position in the ranking was held by Swaziland ($X), with a X% share of total imports. It was followed by Zimbabwe, with a X% share.

In South Africa, harvesting machinery imports remained relatively stable over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Swaziland (X% per year) and Zimbabwe (X% per year).

Import Prices by Country

In 2022, the import price in SADC amounted to $X per unit, increasing by X% against the previous year. Import price indicated a perceptible increase from 2012 to 2022: its price 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, harvesting machinery import price increased by X% against 2019 indices. Over the period under review, import prices reached the maximum at $X per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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