Report Update: May 1, 2024

South Africa - Machinery For Packing Or Wrapping - Market Analysis, Forecast, Size, Trends And Insights

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Machinery for Packing Price in South Africa - 2023

Machinery for Packing Price in South Africa (CIF) - 2022

The average machinery for packing import price stood at $767 per unit in 2022, declining by -11.2% against the previous year. Overall, the import price, however, posted a prominent expansion. The pace of growth was the most pronounced in 2016 when the average import price increased by 48%. The import price peaked at $864 per unit in 2021, and then contracted in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Australia ($769 per unit) and the United States ($769 per unit), while the price for Italy ($769 per unit) and China ($769 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+17.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Machinery for Packing Price in South Africa (FOB) - 2022

The average machinery for packing export price stood at $1,035 per unit in 2022, surging by 8% against the previous year. In general, the export price posted a prominent expansion. The pace of growth appeared the most rapid in 2016 when the average export price increased by 75% against the previous year. As a result, the export price reached the peak level of $1,179 per unit. From 2017 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Tanzania ($1,039 per unit) and Namibia ($1,039 per unit), while the average price for exports to Zambia ($1,039 per unit) and Mozambique ($1,039 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Botswana (+21.2%), while the prices for the other major destinations experienced more modest paces of growth.

Machinery for Packing Imports in South Africa

After two years of decline, purchases abroad of machinery for packing or wrapping increased by 58% to 97K units in 2022. Overall, imports, however, showed a deep downturn. Over the period under review, imports hit record highs at 117K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, machinery for packing imports skyrocketed to $74M in 2022. In general, imports, however, recorded a deep slump. Imports peaked at $93M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Machinery for Packing in South Africa (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Italy	37.7	15.0	16.1	19.7	-19.5%
Germany	18.5	15.0	9.4	19.3	1.4%
China	8.9	7.0	8.2	7.3	-6.4%
Switzerland	4.7	3.6	3.5	7.2	15.3%
Hungary	0.6	0.1	N/A	3.7	83.4%
Spain	4.4	3.3	1.7	3.5	-7.3%
Australia	N/A	N/A	N/A	3.0	0%
Netherlands	3.4	2.8	3.2	2.6	-8.6%
Others	14.6	10.0	10.7	7.7	-19.2%
Total	92.9	56.8	52.9	74.1	-7.3%

Top Suppliers of Machinery for Packing to South Africa in 2022:

Italy (25.6K units)
Germany (25.1K units)
China (9.6K units)
Switzerland (9.4K units)
Hungary (4.8K units)
Spain (4.5K units)
Australia (3.9K units)
Netherlands (3.4K units)

Machinery for Packing Exports in South Africa

In 2022, approx. 13K units of machinery for packing or wrapping were exported from South Africa; rising by 22% against 2021. In general, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 52%. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, machinery for packing exports soared to $14M in 2022. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +19.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +75.9% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 34% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Machinery for Packing in South Africa (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Italy	36.5	3.5	0.6	2,358	301.3%
Mozambique	161	1,104	498	1,977	130.7%
United Kingdom	488	222	956	1,749	53.0%
Zimbabwe	629	423	1,776	1,482	33.1%
Malawi	109	93.6	88.2	890	101.4%
Namibia	602	755	578	713	5.8%
Turkey	36.5	1.4	N/A	687	166.0%
Botswana	485	1,132	209	669	11.3%
Zambia	710	422	458	580	-6.5%
United States	597	74.7	1,472	559	-2.2%
Tanzania	30.2	156	110	419	140.3%
Ireland	N/A	N/A	N/A	358	0%
Swaziland	268	197	186	210	-7.8%
Others	3,890	3,207	4,087	1,051	-35.4%
Total	8,041	7,791	10,420	13,703	19.4%

Top Export Markets for Machinery for Packing from South Africa in 2022:

Italy (2269.0 units)
Mozambique (1902.0 units)
United Kingdom (1683.0 units)
Zimbabwe (1426.0 units)
Malawi (856.0 units)
Namibia (686.0 units)
Turkey (661.0 units)
Botswana (643.0 units)
Zambia (558.0 units)
United States (538.0 units)
Tanzania (403.0 units)
Ireland (345.0 units)
Swaziland (202.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the machinery for packing market 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 28292180 - Machinery for packing or wrapping (excluding for filling, c losing, sealing, capsuling or labelling bottles, cans, boxes, b ags or other containers)

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023