South Africa - Base Metal Coated Electrodes for Electric Arc-Welding - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingSouth Africa: Coated Arc-Welding Electrode Market 2024
Coated Arc-Welding Electrode Market Size in South Africa
The South African coated arc-welding electrode market rose markedly to $X in 2023, picking up by X% against the previous year. Overall, consumption, however, continues to indicate a abrupt curtailment. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2023, consumption stood at a somewhat lower figure.
Coated Arc-Welding Electrode Production in South Africa
In value terms, coated arc-welding electrode production rose notably to $X in 2023 estimated in export price. In general, production, however, continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2021 when the production volume increased by X%. Coated arc-welding electrode production peaked at $X in 2012; however, from 2013 to 2023, production stood at a somewhat lower figure.
Coated Arc-Welding Electrode Exports
Exports from South Africa
In 2023, coated arc-welding electrode exports from South Africa rose notably to X tons, with an increase of X% against the previous year's figure. The total export volume increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2018 when exports increased by X%. Over the period under review, the exports hit record highs in 2023 and are expected to retain growth in years to come.
In value terms, coated arc-welding electrode exports contracted modestly to $X in 2023. Overall, total exports indicated slight growth 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. Based on 2023 figures, exports increased by X% against 2020 indices. The growth pace was the most rapid in 2022 with an increase of X% against the previous year. As a result, the exports reached the peak of $X, leveling off in the following year.
Exports by Country
Zimbabwe (X tons) was the main destination for coated arc-welding electrode exports from South Africa, accounting for a X% share of total exports. Moreover, coated arc-welding electrode exports to Zimbabwe exceeded the volume sent to the second major destination, Zambia (X tons), fourfold. Mozambique (X tons) ranked third in terms of total exports with an X% share.
From 2012 to 2023, the average annual growth rate of volume to Zimbabwe amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Zambia (X% per year) and Mozambique (X% per year).
In value terms, Zimbabwe ($X) remains the key foreign market for coated base metal electrodes for electric arc-welding exports from South Africa, comprising X% of total exports. The second position in the ranking was taken by Zambia ($X), with a X% share of total exports. It was followed by Mozambique, with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of value to Zimbabwe stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Zambia (X% per year) and Mozambique (X% per year).
Export Prices by Country
The average coated arc-welding electrode export price stood at $X per ton in 2023, dropping by X% against the previous year. In general, the export price showed a perceptible decrease. The growth pace was the most rapid in 2017 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2023, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mozambique ($X per ton), while the average price for exports to Zimbabwe ($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 Namibia (X%), while the prices for the other major destinations experienced more modest paces of growth.
Coated Arc-Welding Electrode Imports
Imports into South Africa
In 2023, the amount of coated base metal electrodes for electric arc-welding imported into South Africa rose remarkably to X tons, growing by X% against the previous year's figure. In general, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2013; however, from 2014 to 2023, imports remained at a lower figure.
In value terms, coated arc-welding electrode imports declined to $X in 2023. Overall, imports, however, saw a pronounced decline. The pace of growth appeared the most rapid in 2019 with an increase of X%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2023, imports failed to regain momentum.
Imports by Country
In 2023, China (X tons) constituted the largest supplier of coated arc-welding electrode to South Africa, with a X% share of total imports. Moreover, coated arc-welding electrode imports from China exceeded the figures recorded by the second-largest supplier, the Czech Republic (X tons), more than tenfold. The third position in this ranking was taken by Indonesia (X tons), with a X% share.
From 2012 to 2023, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (X% per year) and Indonesia (X% per year).
In value terms, China ($X) constituted the largest supplier of coated base metal electrodes for electric arc-welding to South Africa, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports. It was followed by the Czech Republic, with a X% share.
From 2012 to 2023, the average annual growth rate of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and the Czech Republic (X% per year).
Import Prices by Country
The average coated arc-welding electrode import price stood at $X per ton in 2023, which is down by X% against the previous year. Overall, the import price showed a noticeable descent. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (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 coated arc-welding electrode 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 25931510 - Base metal coated electrodes for electric arc-welding
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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- 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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- 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- 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
-
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
-
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
Recommended reports
This report provides an in-depth analysis of the coated arc-welding electrode market in Asia.
This report provides an in-depth analysis of the coated arc-welding electrode market in the U.S..
This report provides an in-depth analysis of the coated arc-welding electrode market in China.
This report provides an in-depth analysis of the coated arc-welding electrode market in the EU.
This report provides an in-depth analysis of the global coated arc-welding electrode market.