SADC: Market for Self-Propelled Fork-Lift Trucks with Non-Electric Motor 2024

Market Size for Self-Propelled Fork-Lift Trucks with Non-Electric Motor in SADC

The SADC self-propelled non-electric fork-lift truck market contracted markedly to $X in 2022, reducing by X% against the previous year. Over the period under review, consumption, however, recorded a noticeable downturn. As a result, consumption attained the peak level of $X, and then declined remarkably in the following year.

Production of Self-Propelled Fork-Lift Trucks with Non-Electric Motor in SADC

In value terms, self-propelled non-electric fork-lift truck production shrank to $X in 2022 estimated in export price. Overall, production, however, showed a modest expansion. The most prominent rate of growth was recorded in 2015 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Self-Propelled Fork-Lift Trucks with Non-Electric Motor

Exports in SADC

In 2022, shipments abroad of self-propelled fork-lift trucks with non-electric motor increased by X% to X units, rising for the second year in a row after two years of decline. Overall, exports, however, saw a mild downturn. The pace of growth appeared the most rapid in 2021 with an increase of X%. The volume of export peaked at X units in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, self-propelled non-electric fork-lift truck exports expanded rapidly to $X in 2022. Over the period under review, exports, however, recorded a deep slump. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

South Africa prevails in exports structure, amounting to X units, which was approx. X% of total exports in 2022. Namibia (X units) followed a long way behind the leaders.

South Africa experienced a relatively flat trend pattern with regard to volume of exports of self-propelled fork-lift trucks with non-electric motor. Namibia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of South Africa increased by X percentage points.

In value terms, South Africa ($X) remains the largest self-propelled non-electric fork-lift truck supplier in SADC, comprising X% of total exports. The second position in the ranking was held by Namibia ($X), with a X% share of total exports.

In South Africa, self-propelled non-electric fork-lift truck exports decreased by an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in SADC amounted to $X per unit, waning by X% against the previous year. In general, the export price continues to indicate a drastic downturn. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Namibia ($X per unit), while South Africa amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Namibia (X%).

Imports of Self-Propelled Fork-Lift Trucks with Non-Electric Motor

Imports in SADC

For the third year in a row, SADC recorded growth in purchases abroad of self-propelled fork-lift trucks with non-electric motor, which increased by X% to X units in 2022. Over the period under review, imports, however, faced a abrupt decrease. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, self-propelled non-electric fork-lift truck imports skyrocketed to $X in 2022. In general, imports, however, showed a perceptible setback. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

South Africa prevails in imports structure, resulting at X units, which was near X% of total imports in 2022. The following importers - Democratic Republic of the Congo (X units), Angola (X units), Zimbabwe (X units), Tanzania (X units), Namibia (X units) and Botswana (X units) - together made up X% of total imports.

Imports into South Africa decreased at an average annual rate of X% from 2012 to 2022. At the same time, Democratic Republic of the Congo (X%), Zimbabwe (X%) and Botswana (X%) displayed positive paces of growth. Moreover, Democratic Republic of the Congo emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2022. By contrast, Tanzania (X%), Angola (X%) and Namibia (X%) illustrated a downward trend over the same period. While the share of Democratic Republic of the Congo (X p.p.), Zimbabwe (X p.p.), Angola (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 ($X) constitutes the largest market for imported self-propelled fork-lift trucks with non-electric motor in SADC, comprising X% of total imports. The second position in the ranking was taken by Democratic Republic of the Congo ($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 amounted to X%. In the other countries, the average annual rates were as follows: Democratic Republic of the Congo (X% per year) and Angola (X% per year).

Import Prices by Country

The import price in SADC stood at $X per unit in 2022, jumping by X% against the previous year. Over the period under review, the import price posted a resilient expansion. The pace of growth was the most pronounced in 2017 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2018 to 2022, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Tanzania ($X per unit), while Botswana ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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