South Africa: Knife And Scissors Market 2024

Knife And Scissors Market Size in South Africa

The South African knife and scissors market dropped markedly to $X in 2023, waning by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw a perceptible downturn. As a result, consumption reached the peak level of $X. From 2022 to 2023, the growth of the market remained at a somewhat lower figure.

Knife And Scissors Exports

Exports from South Africa

After two years of growth, shipments abroad of knives, scissors and blades decreased by X% to X units in 2023. Overall, total exports indicated pronounced growth from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports decreased by X% against 2019 indices. The growth pace was the most rapid in 2019 when exports increased by X%. As a result, the exports attained the peak of X units. From 2020 to 2023, the growth of the exports remained at a lower figure.

In value terms, knife and scissors exports reduced notably to $X in 2023. Over the period under review, exports recorded a noticeable setback. The pace of growth was the most pronounced in 2022 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X, and then dropped remarkably in the following year.

Exports by Country

Namibia (X units) was the main destination for knife and scissors exports from South Africa, with a X% share of total exports. Moreover, knife and scissors exports to Namibia exceeded the volume sent to the second major destination, Botswana (X units), twofold. Zambia (X units) ranked third in terms of total exports with an X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to Namibia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Botswana (X% per year) and Zambia (X% per year).

In value terms, Namibia ($X), the United States ($X) and Zambia ($X) constituted the largest markets for knife and scissors exported from South Africa worldwide, together accounting for X% of total exports. Botswana, Swaziland, Zimbabwe, Mozambique, Democratic Republic of the Congo, Malawi, Germany, Lesotho and Angola lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Democratic Republic of the Congo, with a CAGR of X%, saw the highest growth rate of 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 average knife and scissors export price stood at $X per unit in 2023, waning by X% against the previous year. Over the period under review, the export price showed a abrupt descent. The most prominent rate of growth was recorded in 2022 when the average export price increased by X%. Over the period under review, the average export prices reached the maximum at $X per unit in 2012; however, from 2013 to 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Angola ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (X%), while the prices for the other major destinations experienced a decline.

Knife And Scissors Imports

Imports into South Africa

In 2023, imports of knives, scissors and blades into South Africa contracted to X units, dropping by X% compared with 2022 figures. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports attained the peak figure at X units in 2013; however, from 2014 to 2023, imports failed to regain momentum.

In value terms, knife and scissors imports declined sharply to $X in 2023. Over the period under review, imports saw a perceptible descent. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2022 to 2023, the growth of imports remained at a lower figure.

Imports by Country

In 2023, China (X units) constituted the largest supplier of knife and scissors to South Africa, accounting for a X% share of total imports. It was followed by the UK (X units), with a X% share of total imports. Switzerland (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (X% per year) and Switzerland (X% per year).

In value terms, China ($X) constituted the largest supplier of knives, scissors and blades to South Africa, comprising X% of total imports. The second position in the ranking was held by Switzerland ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2023, the average annual growth rate of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (X% per year) and Germany (X% per year).

Import Prices by Country

The average knife and scissors import price stood at $X per unit in 2023, falling by X% against the previous year. In general, the import price saw a perceptible curtailment. The pace of growth was the most pronounced in 2014 when the average import price increased by X%. The import price peaked at $X per unit in 2021; however, from 2022 to 2023, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Japan (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform