South Africa: Disc Harrow Market 2024

Disc Harrow Market Size in South Africa

The South African disc harrow market declined to $X in 2022, reducing by X% against the previous year. Over the period under review, consumption faced a abrupt decrease. Disc harrow consumption peaked at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Disc Harrow Production in South Africa

In value terms, disc harrow production contracted to $X in 2022 estimated in export price. In general, production showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

Disc Harrow Exports

Exports from South Africa

In 2022, the amount of disc harrows exported from South Africa shrank sharply to X units, which is down by X% on 2021. Overall, exports continue to indicate a deep setback. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, the exports reached the maximum at X units in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, disc harrow exports dropped remarkably to $X in 2022. Over the period under review, exports, however, saw slight growth. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of $X, and then dropped remarkably in the following year.

Exports by Country

Zimbabwe (X units), Zambia (X units) and Namibia (X units) were the main destinations of disc harrow exports from South Africa, with a combined X% share of total exports. Botswana, Swaziland, Mozambique, Democratic Republic of the Congo, Madagascar, Lesotho and Tanzania lagged somewhat behind, together comprising a further X%.

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

In value terms, Zimbabwe ($X), Zambia ($X) and Namibia ($X) were the largest markets for disc harrow exported from South Africa worldwide, with a combined X% share of total exports. Botswana, Swaziland, Mozambique, Democratic Republic of the Congo, Madagascar, Lesotho and Tanzania lagged somewhat behind, together comprising a further X%.

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

Export Prices by Country

The average disc harrow export price stood at $X per unit in 2022, jumping by X% against the previous year. Overall, the export price showed a resilient increase. The pace of growth appeared the most rapid in 2014 when the average export price increased by X%. The export price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Tanzania ($X per unit) and Democratic Republic of the Congo ($X per unit), while the average price for exports to Lesotho ($X per unit) and Madagascar ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Swaziland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Disc Harrow Imports

Imports into South Africa

In 2022, the amount of disc harrows imported into South Africa rose remarkably to X units, with an increase of X% on the previous year. In general, imports recorded a mild increase. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports reached the peak figure at X units in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, disc harrow imports expanded markedly to $X in 2022. Overall, imports recorded pronounced growth. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Germany (X units), China (X units) and Australia (X units) were the main suppliers of disc harrow imports to South Africa, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Australia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest disc harrow suppliers to South Africa were Germany ($X), China ($X) and Australia ($X), together accounting for X% of total imports.

Australia, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average disc harrow import price amounted to $X per unit, remaining stable against the previous year. In general, import price indicated a mild 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, disc harrow import price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2014 when the average import price increased by X%. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from India ($X per unit) and Turkey ($X per unit), while the price for Poland ($X per unit) and the United States ($X per unit) were amongst the lowest.

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

Source: IndexBox Platform

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