SADC: Market for Straw Or Fodder Balers, Including Pickup Balers 2024

Market Size for Straw Or Fodder Balers, Including Pickup Balers in SADC

The SADC straw for fodder balers market totaled $X in 2022, with an increase of X% against the previous year. Over the period under review, consumption showed buoyant growth. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Production of Straw Or Fodder Balers, Including Pickup Balers in SADC

In value terms, straw for fodder balers production rose rapidly to $X in 2022 estimated in export price. Overall, production continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2016 with an increase of X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Straw Or Fodder Balers, Including Pickup Balers

Exports in SADC

In 2022, overseas shipments of straw or fodder balers, including pickup balers increased by X% to X units, rising for the second year in a row after two years of decline. Total exports indicated a strong expansion from 2012 to 2022: its volume 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, exports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the near future.

In value terms, straw for fodder balers exports soared to $X in 2022. Over the period under review, exports recorded a strong expansion. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in years to come.

Exports by Country

In 2022, South Africa (X units) represented the largest exporter of straw or fodder balers, including pickup balers, generating X% of total exports. It was distantly followed by Zimbabwe (X units), generating a X% share of total exports. Mauritius (X units) held a minor share of total exports.

From 2012 to 2022, average annual rates of growth with regard to straw for fodder balers exports from South Africa stood at X%. At the same time, Mauritius (X%) and Zimbabwe (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. Zimbabwe (X p.p.) and Mauritius (X p.p.) significantly strengthened its position in terms of the total exports, while South Africa saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, South Africa ($X) remains the largest straw for fodder balers supplier in SADC, comprising X% of total exports. The second position in the ranking was held by Zimbabwe ($X), with a X% share of total exports.

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

Export Prices by Country

In 2022, the export price in SADC amounted to $X per unit, increasing by X% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of X%. Over the period under review, the export prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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

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

Imports of Straw Or Fodder Balers, Including Pickup Balers

Imports in SADC

In 2022, overseas purchases of straw or fodder balers, including pickup balers decreased by X% to X units for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, saw a notable expansion. The pace of growth was the most pronounced in 2015 with an increase of X%. As a result, imports reached the peak of X units. From 2016 to 2022, the growth of imports remained at a lower figure.

In value terms, straw for fodder balers imports declined modestly to $X in 2022. Total imports indicated a tangible expansion 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 2017 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then shrank in the following year.

Imports by Country

South Africa prevails in imports structure, amounting to X units, which was approx. X% of total imports in 2022. It was distantly followed by Zimbabwe (X units), comprising a X% share of total imports. The following importers - Namibia (X units), Zambia (X units), Mozambique (X units) and Mauritius (X units) - each resulted at an X% share of total imports.

Imports into South Africa increased at an average annual rate of X% from 2012 to 2022. At the same time, Mozambique (X%), Mauritius (X%) and Zimbabwe (X%) displayed positive paces of growth. Moreover, Mozambique emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2022. By contrast, Zambia (X%) and Namibia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Zimbabwe, Mozambique and Mauritius increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported straw or fodder balers, including pickup balers in SADC, comprising X% of total imports. The second position in the ranking was held by Zimbabwe ($X), with a X% share of total imports. 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%. The remaining importing countries recorded the following average annual rates of imports growth: Zimbabwe (X% per year) and Mozambique (X% per year).

Import Prices by Country

The import price in SADC stood at $X per unit in 2022, with an increase of X% against the previous year. Over the period under review, the import price, however, saw a slight decrease. The pace of growth appeared the most rapid in 2016 an increase of X% against the previous year. The level of import peaked at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Mozambique ($X per unit), while Mauritius ($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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