South Africa: Milking Machine Market 2024

Milking Machine Market Size in South Africa

The South African milking machine market reached $X in 2022, remaining constant against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Milking Machine Production in South Africa

In value terms, milking machine production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Milking Machine Exports

Exports from South Africa

After four years of growth, shipments abroad of milking machines decreased by X% to X units in 2022. Over the period under review, exports, however, saw buoyant growth. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X units in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, milking machine exports reduced remarkably to $X in 2022. In general, exports, however, recorded buoyant growth. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

Zambia (X units), Zimbabwe (X units) and Nigeria (X units) were the main destinations of milking machine exports from South Africa, with a combined X% share of total exports.

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

In value terms, Zimbabwe ($X) remains the key foreign market for milking machines exports from South Africa, comprising X% of total exports. The second position in the ranking was held by Sudan ($X), with a X% share of total exports. It was followed by Malawi, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Zimbabwe stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sudan (X% per year) and Malawi (X% per year).

Export Prices by Country

The average milking machine export price stood at $X per unit in 2022, with a decrease of X% against the previous year. In general, the export price, however, enjoyed strong growth. The pace of growth appeared the most rapid in 2015 an increase of X% against the previous year. The export price peaked at $X per unit in 2019; however, from 2020 to 2022, 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 Sudan ($X per unit), while the average price for exports to Namibia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sudan (X%), while the prices for the other major destinations experienced mixed trend patterns.

Milking Machine Imports

Imports into South Africa

In 2022, approx. X units of milking machines were imported into South Africa; increasing by X% compared with the previous year. In general, imports, however, continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, imports reached the peak figure at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, milking machine imports contracted rapidly to $X in 2022. Over the period under review, imports, however, recorded a abrupt descent. The pace of growth was the most pronounced in 2015 when imports increased by X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest milking machine supplier to South Africa, with a X% share of total imports. Moreover, milking machine imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), threefold. The third position in this ranking was held by the Netherlands (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and the Netherlands (X% per year).

In value terms, Germany ($X), China ($X) and New Zealand ($X) appeared to be the largest milking machine suppliers to South Africa, with a combined X% share of total imports. The Netherlands, Israel and Turkey lagged somewhat behind, together comprising a further X%.

The Netherlands, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average milking machine import price amounted to $X per unit, dropping by X% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average import price increased by X%. Over the period under review, average import prices attained the peak figure at $X per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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