South Africa: Wood Slicing Machine Market 2022

Wood Slicing Machine Market Size in South Africa

In 2021, the South African wood slicing machine market decreased by -89% to $X for the first time since 2018, thus ending a two-year rising trend. Over the period under review, consumption saw a perceptible shrinkage. Wood slicing machine consumption peaked at $X in 2020, and then reduced markedly in the following year.

Wood Slicing Machine Exports

Exports from South Africa

In 2021, wood slicing machine exports from South Africa was estimated at X units, standing approx. at 2020. In general, exports saw a abrupt contraction. The most prominent rate of growth was recorded in 2016 when exports increased by 115%. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, wood slicing machine exports rose markedly to $X in 2021. Over the period under review, exports faced a abrupt slump. The pace of growth was the most pronounced in 2015 when exports increased by 132% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Lesotho (X units) was the main destination for wood slicing machine exports from South Africa, with a 44% share of total exports. Moreover, wood slicing machine exports to Lesotho exceeded the volume sent to the second major destination, Australia (X units), fourfold. Namibia (X units) ranked third in terms of total exports with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Lesotho totaled +18.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (0.0% per year) and Namibia (+31.8% per year).

In value terms, the largest markets for wood slicing machine exported from South Africa were Australia ($X), Zimbabwe ($X) and Tanzania ($X), together accounting for 59% of total exports.

Australia, with a CAGR of +314.4%, recorded the highest rates of growth with regard to the value of exports, among 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 wood slicing machine export price stood at $X per unit in 2021, increasing by 8.5% against the previous year. In general, the export price showed a prominent increase. The most prominent rate of growth was recorded in 2015 when the average export price increased by 103%. The export price peaked at $X per unit in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Tanzania ($X per unit), while the average price for exports to Lesotho ($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 Australia (+34.8%), while the prices for the other major destinations experienced more modest paces of growth.

Wood Slicing Machine Imports

Imports into South Africa

In 2021, purchases abroad of splitting, slicing or paring machines decreased by -87.8% to X units for the first time since 2018, thus ending a two-year rising trend. In general, imports continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2020 with an increase of 189%. As a result, imports attained the peak of X units, and then reduced rapidly in the following year.

In value terms, wood slicing machine imports contracted markedly to $X in 2021. Over the period under review, imports faced a abrupt curtailment. The most prominent rate of growth was recorded in 2017 when imports increased by 209% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X units) was the main wood slicing machine supplier to South Africa, accounting for a 97% share of total imports. It was followed by Germany (X units), with a 0.1% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +12.5%.

In value terms, China ($X) constituted the largest supplier of wood slicing machine to South Africa, comprising 86% of total imports. The second position in the ranking was held by Germany ($X), with a 1.8% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China stood at +21.4%.

Import Prices by Country

The average wood slicing machine import price stood at $X per unit in 2021, jumping by 49% against the previous year. Over the period under review, the import price, however, recorded a deep downturn. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per unit), while the price for China stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Estonia (+162.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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