South Africa: Stone Sawing Machine Market 2023

Stone Sawing Machine Market Size in South Africa

In 2021, the South African stone sawing machine market was finally on the rise to reach $X for the first time since 2017, thus ending a three-year declining trend. In general, consumption, however, showed a deep contraction. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Stone Sawing Machine Exports

Exports from South Africa

In 2021, exports of sawing machines for working stone, ceramics and concrete from South Africa reduced remarkably to X units, dropping by -47.1% against the previous year. In general, exports faced a deep setback. The pace of growth was the most pronounced in 2015 with an increase of 75% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, stone sawing machine exports soared to $X in 2021. Over the period under review, exports showed a deep slump. The growth pace was the most rapid in 2017 when exports increased by 343%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Mozambique (X units) was the main destination for stone sawing machine exports from South Africa, accounting for a 39% share of total exports. Moreover, stone sawing machine exports to Mozambique exceeded the volume sent to the second major destination, Zimbabwe (X units), threefold. The third position in this ranking was held by Oman (X units), with an 11% share.

From 2012 to 2021, the average annual growth rate of volume to Mozambique stood at +10.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Zimbabwe (+11.5% per year) and Oman (0.0% per year).

In value terms, Zimbabwe ($X) remains the key foreign market for sawing machines for working stone, ceramics and concrete exports from South Africa, comprising 59% of total exports. The second position in the ranking was held by Zambia ($X), with a 21% share of total exports. It was followed by Mozambique, with a 5.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Zimbabwe totaled +27.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Zambia (+18.2% per year) and Mozambique (+1.1% per year).

Export Prices by Country

The average stone sawing machine export price stood at $X per unit in 2021, picking up by 208% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average export price increased by 290% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2018 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Zimbabwe ($X per unit), while the average price for exports to Mali ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Zimbabwe (+14.3%), while the prices for the other major destinations experienced more modest paces of growth.

Stone Sawing Machine Imports

Imports into South Africa

In 2021, supplies from abroad of sawing machines for working stone, ceramics and concrete was finally on the rise to reach X units for the first time since 2017, thus ending a three-year declining trend. Overall, imports, however, continue to indicate a deep setback. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, stone sawing machine imports surged to $X in 2021. Over the period under review, imports posted a strong expansion. Imports peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) was the main supplier of stone sawing machine to South Africa, with a 92% share of total imports. Moreover, stone sawing machine imports from China exceeded the figures recorded by the second-largest supplier, Italy (X units), more than tenfold. The third position in this ranking was taken by the United States (X units), with a 0.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +16.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+23.1% per year) and the United States (-33.9% per year).

In value terms, China ($X) constituted the largest supplier of sawing machines for working stone, ceramics and concrete to South Africa, comprising 60% of total imports. The second position in the ranking was held by Italy ($X), with a 26% share of total imports. It was followed by the United States, with a 0.3% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to +13.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-3.2% per year) and the United States (-18.9% per year).

Import Prices by Country

The average stone sawing machine import price stood at $X per unit in 2021, falling by -84.7% against the previous year. Overall, the import price, however, posted buoyant growth. The growth pace was the most rapid in 2013 when the average import price increased by 944%. The import price peaked at $X per unit in 2019; however, from 2020 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+266.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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