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South Africa - Lathes For Removing Metal - Market Analysis, Forecast, Size, Trends and Insights
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South Africa: Overview of the Market for Lathes For Removing Metal 2021

Market Size for Lathes For Removing Metal in South Africa

For the fifth consecutive year, the South African lathe for removing metal market recorded decline in sales value, which decreased by -X% to $X in 2020. In general, consumption continues to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2011 when the market value increased by X% y-o-y. Over the period under review, the market attained the peak level at $X in 2007; however, from 2008 to 2020, consumption failed to regain the momentum.

Exports of Lathes For Removing Metal

Exports from South Africa

In 2020, the amount of lathes for removing metal exported from South Africa declined significantly to X units, which is down by -X% against the previous year. Over the period under review, exports, however, saw prominent growth. The most prominent rate of growth was recorded in 2010 when exports increased by X% against the previous year. Over the period under review, lafor removing metal exports hit record highs at X units in 2017; however, from 2018 to 2020, exports stood at a somewhat lower figure.

In value terms, lathe for removing metal exports contracted sharply to $X in 2020. In general, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2010 when exports increased by X% against the previous year. Exports peaked at $X in 2017; however, from 2018 to 2020, exports remained at a lower figure.

Exports by Country

Spain (X units), the U.S. (X units) and Ghana (X units) were the main destinations of lathe for removing metal exports from South Africa, with a combined X% share of total exports.

From 2007 to 2020, the biggest increases were in Spain, while shipments for the other leaders experienced more modest paces of growth.

In value terms, Zimbabwe ($X), Spain ($X) and the U.S. ($X) appeared to be the largest markets for lathe for removing metal exported from South Africa worldwide, together accounting for X% of total exports.

Among the main countries of destination, Spain recorded 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 lathe for removing metal export price stood at $X per unit in 2020, with a decrease of -X% against the previous year. Over the period under review, the export price recorded a deep reduction. The most prominent rate of growth was recorded in 2013 when the average export price increased by X% y-o-y. The export price peaked at $X per unit in 2010; however, from 2011 to 2020, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Botswana ($X per unit), while the average price for exports to Hungary ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Zimbabwe, while the prices for the other major destinations experienced a decline.

Imports of Lathes For Removing Metal

Imports into South Africa

In 2020, the amount of lathes for removing metal imported into South Africa declined to X units, shrinking by -X% compared with the previous year's figure. In general, imports continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2015 with an increase of X% y-o-y. Over the period under review, lafor removing metal imports attained the peak figure at X units in 2007; however, from 2008 to 2020, imports stood at a somewhat lower figure.

In value terms, lathe for removing metal imports dropped notably to $X in 2020. Overall, imports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Imports peaked at $X in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

Imports by Country

India (X units), China (X units) and Taiwan (Chinese) (X units) were the main suppliers of lathe for removing metal imports to South Africa, with a combined X% share of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (+X% per year), while imports for the other leaders experienced mixed trend patterns.

In value terms, China ($X) constituted the largest supplier of lathe for removing metal to South Africa, comprising X% of total imports. The second position in the ranking was occupied by India ($X), with a X% share of total imports. It was followed by Taiwan (Chinese), with a X% share.

From 2007 to 2020, the average annual growth rate of value from China totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+X% per year) and Taiwan (Chinese) (-X% per year).

Import Prices by Country

The average lathe for removing metal import price stood at $X per unit in 2020, dropping by -X% against the previous year. In general, import price indicated measured growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2011 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2012 to 2020, the growth in terms of the average import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Japan ($X per unit), while the price for India ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for lathes for removing metal in the world?
+
The countries with the highest volumes of lathe for removing metal consumption in 2020 were India (73K units), China (59K units) and the U.S. (29K units), together comprising 48% of global consumption. These countries were followed by Japan, Pakistan, Germany, France, the United Arab Emirates, Spain, the UK, Mexico, Italy and Russia, which together accounted for a further 24%.
What are the largest producers of lathes for removing metal in the world?
+
The countries with the highest volumes of lathe for removing metal production in 2020 were India (89K units), China (67K units) and Japan (19K units), together comprising 60% of global production. The U.S., South Korea, Taiwan (Chinese), France, Pakistan, Germany and the UK lagged somewhat behind, together accounting for a further 22%.
What are the leading suppliers of lathes for removing metal to South Africa?
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In value terms, China ($4.6M) constituted the largest supplier of lathe for removing metal to South Africa, comprising 38% of total imports. The second position in the ranking was occupied by India ($1.9M), with a 16% share of total imports. It was followed by Taiwan (Chinese), with a 15% share.
What are the leading importers of lathes for removing metal from South Africa?
+
In value terms, the largest markets for lathe for removing metal exported from South Africa were Zimbabwe ($170K), Spain ($111K) and the U.S. ($89K), with a combined 49% share of total exports.
What is the average export price for lathes for removing metal in South Africa?
+
The average lathe for removing metal export price stood at $22,743 per unit in 2020, waning by -23% against the previous year.
What is the average import price for lathes for removing metal in South Africa?
+
The average lathe for removing metal import price stood at $10,865 per unit in 2020, declining by -18.5% against the previous year.

Product coverage:
• Prodcom 28412123 - Numerically controlled horizontal lathes, turning centres, for removing metal
• Prodcom 28412127 - Numerically controlled horizontal lathes, automatic lathes, for removing metal (excluding turning centres)
• Prodcom 28412129 - Numerically controlled horizontal lathes, for removing metal (excluding turning centres, automatic lathes)
• Prodcom 28412140 - Non-numerically controlled horizontal lathes, for removing metal
• Prodcom 28412160 - Lathes, including turning centres, for removing metal (excluding horizontal lathes)

This report provides an in-depth analysis of the market for lathe for removing metal in South Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• South Africa

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in South Africa
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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