SADC: Wood Drilling Machine Market 2024

Wood Drilling Machine Market Size in SADC

In 2022, the SADC wood drilling machine market decreased by X% to $X, falling for the third consecutive year after three years of growth. In general, consumption enjoyed a mild increase. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Wood Drilling Machine Production in SADC

In value terms, wood drilling machine production contracted sharply to $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Wood Drilling Machine Exports

Exports in SADC

Wood drilling machine exports dropped rapidly to X units in 2022, which is down by X% against 2021. Over the period under review, exports showed a deep downturn. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. The volume of export peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, wood drilling machine exports contracted to $X in 2022. Overall, exports faced a abrupt decline. The pace of growth was the most pronounced in 2017 with an increase of X%. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, South Africa (X units) represented the main exporter of drilling or morticing machines, creating X% of total exports. Mozambique (X units) held the second position in the ranking, distantly followed by Botswana (X units). All these countries together held approx. X% share of total exports.

Exports from South Africa decreased at an average annual rate of X% from 2012 to 2022. At the same time, Botswana (X%) and Mozambique (X%) displayed positive paces of growth. Moreover, Botswana emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Mozambique and Botswana increased by X and X percentage points, respectively.

In value terms, South Africa ($X) remains the largest wood drilling machine supplier in SADC, comprising X% of total exports. The second position in the ranking was taken by Mozambique ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Mozambique (X% per year) and Botswana (X% per year).

Export Prices by Country

In 2022, the export price in SADC amounted to $X per unit, rising by X% against the previous year. Overall, the export price recorded a slight expansion. The pace of growth was the most pronounced in 2013 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Botswana ($X per unit), while South Africa ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Botswana (X%), while the other leaders experienced mixed trends in the export price figures.

Wood Drilling Machine Imports

Imports in SADC

In 2022, the amount of drilling or morticing machines imported in SADC surged to X units, rising by X% against the previous year's figure. Over the period under review, imports continue to indicate resilient growth. Over the period under review, imports hit record highs at X units in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, wood drilling machine imports rose to $X in 2022. Overall, imports, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Mauritius (X units) represented the key importer of drilling or morticing machines, committing X% of total imports. Mozambique (X units) held the second position in the ranking, distantly followed by South Africa (X units). All these countries together took approx. X% share of total imports. Democratic Republic of the Congo (X units), Angola (X units), Tanzania (X units) and Botswana (X units) followed a long way behind the leaders.

Imports into Mauritius increased at an average annual rate of X% from 2012 to 2022. At the same time, Mozambique (X%) displayed positive paces of growth. Moreover, Mozambique emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2022. Botswana experienced a relatively flat trend pattern. By contrast, Tanzania (X%), Angola (X%), South Africa (X%) and Democratic Republic of the Congo (X%) illustrated a downward trend over the same period. While the share of Mauritius (X p.p.), Mozambique (X p.p.) and Democratic Republic of the Congo (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Botswana (X p.p.), Tanzania (X p.p.), Angola (X p.p.) and South Africa (X p.p.) displayed negative dynamics.

In value terms, South Africa ($X), Tanzania ($X) and Angola ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Mauritius, Mozambique, Botswana and Democratic Republic of the Congo lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Democratic Republic of the Congo, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2022, the import price in SADC amounted to $X per unit, which is down by X% against the previous year. In general, the import price faced a deep contraction. The growth pace was the most rapid in 2021 an increase of X% against the previous year. The level of import peaked at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Tanzania ($X per unit), while Mauritius ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Democratic Republic of the Congo (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :