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South Africa - Tools, hand; sets, of articles of two or more of the foregoing items - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSouth Africa: Market for Tools, hand; sets, of articles of two or more of the foregoing items 2024
Market Size for Tools, hand; sets, of articles of two or more of the foregoing items in South Africa
The South African market for tools, hand; sets, of articles of two or more of the foregoing itemses expanded sharply to $X,495,659.8B in 2023, picking up by X% against the previous year. Over the period under review, consumption, however, recorded a prominent increase. Consumption of peaked in 2023 and is expected to retain growth in the near future.
Production of Tools, hand; sets, of articles of two or more of the foregoing items in South Africa
In value terms, production of tools, hand; sets, of articles of two or more of the foregoing itemses expanded significantly to $X,313,812.2B in 2023 estimated in export price. In general, production, however, showed prominent growth. The growth pace was the most rapid in 2016 when the production volume increased by X% against the previous year. Over the period under review, production of tools, hand; sets, of articles of two or more of foregoing itemses hit record highs in 2023 and is expected to retain growth in the immediate term.
Exports of Tools, hand; sets, of articles of two or more of the foregoing items
Exports from South Africa
In 2023, exports of tools, hand; sets, of articles of two or more of the foregoing itemses from South Africa amounted to X tons, with an increase of X% compared with 2022 figures. Overall, exports, however, continue to indicate a perceptible slump. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. Over the period under review, the exports of tools, hand; sets, of articles of two or more of foregoing itemses attained the peak figure at X tons in 2012; however, from 2013 to 2023, the exports remained at a lower figure.
In value terms, exports of tools, hand; sets, of articles of two or more of the foregoing itemses skyrocketed to $X in 2023. In general, exports, however, saw a slight reduction. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, the exports of tools, hand; sets, of articles of two or more of foregoing itemses hit record highs at $X in 2019; however, from 2020 to 2023, the exports stood at a somewhat lower figure.
Exports by Country
Namibia (X tons) was the main destination for exports of tools, hand; sets, of articles of two or more of the foregoing itemses from South Africa, accounting for a X% share of total exports. Moreover, exports of tools, hand; sets, of articles of two or more of the foregoing itemses to Namibia exceeded the volume sent to the second major destination, Zimbabwe (X tons), threefold. Botswana (X tons) ranked third in terms of total exports with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of volume to Namibia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Zimbabwe (X% per year) and Botswana (X% per year).
In value terms, the largest markets for tools, hand; sets, of articles of two or more of the foregoing items exported from South Africa were Namibia ($X), France ($X) and Zimbabwe ($X), together accounting for X% of total exports.
In terms of the main countries of destination, France, 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
In 2023, the average export price for tools, hand; sets, of articles of two or more of the foregoing itemses amounted to $X per ton, growing by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2019 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs in 2023 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Lesotho ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Togo (X%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tools, hand; sets, of articles of two or more of the foregoing items
Imports into South Africa
In 2023, approx. X tons of tools, hand; sets, of articles of two or more of the foregoing itemses were imported into South Africa; with an increase of X% compared with 2022 figures. In general, total imports indicated measured 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, imports decreased by X% against 2021 indices. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2023, imports stood at a somewhat lower figure.
In value terms, imports of tools, hand; sets, of articles of two or more of the foregoing itemses surged to $X in 2023. Over the period under review, total imports indicated a moderate expansion from 2012 to 2023: its value 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. Over the period under review, imports of tools, hand; sets, of articles of two or more of foregoing itemses reached the maximum at $X in 2015; however, from 2016 to 2023, imports stood at a somewhat lower figure.
Imports by Country
In 2023, China (X tons) constituted the largest tools, hand; sets, of articles of two or more of the foregoing items supplier to South Africa, with a X% share of total imports. Moreover, imports of tools, hand; sets, of articles of two or more of the foregoing itemses from China exceeded the figures recorded by the second-largest supplier, Saudi Arabia (X tons), sevenfold. The third position in this ranking was taken by Hong Kong SAR (X tons), with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (X.5% per year) and Hong Kong SAR (X% per year).
In value terms, the largest tools, hand; sets, of articles of two or more of the foregoing items suppliers to South Africa were the United States ($X), China ($X) and Sweden ($X), with a combined X% share of total imports. Saudi Arabia, Germany, Taiwan (Chinese), the UK and Hong Kong SAR lagged somewhat behind, together accounting for a further X%.
Saudi Arabia, with a CAGR of X.9%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The average import price for tools, hand; sets, of articles of two or more of the foregoing itemses stood at $X per ton in 2023, jumping by X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2019 to 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Hong Kong SAR ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Saudi Arabia (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for tools, hand; sets, of articles of two or more of the foregoing items 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 2030.
Product coverage:
- Prodcom 25733087 - Anvils, portable forges, hand or pedal-operated grinding wheels with frameworks (excluding grindstones and the like presented separately)
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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