South Africa - International Franchise Association

http://www.transnetnationalportsauthority.net/
Conferences and Exhibitions Return to top
Africa Rail 2012 (includes Signaling and Ports)
25 - 29 June 2012
Sandton Convention Center, Johannesburg
http://www.terrapinn.com/2012/africa-rail/index.stm
For More Information
The U.S. Commercial Service in Johannesburg, South Africa can be contacted via e-mail at:
Johan.vanRensburg@trade.gov
Phone: +27-11- 290-3208; Fax: +27-11- 884-0253 or visit our website:
http://export.gov/southafrica/index.asp
Agricultural Equipment Return to top
Overview Return to top
Unit: USD millions
2010 2011 2012 2013
(estimated) (estimated)
Total Market Size 914 917 919 920
Total Local Production 48 49 50 51
Total Exports 5.65 5.67 5.70 5.71
Total Imports 858 860 862 863
Imports from the U.S. 184 187 190 192
Exchange Rate: 1 USD 7.33 7.16
Total Market Size = (Total Local Production + Total Imports) – (Total Exports)
Data Sources: Above figures are unofficial estimates obtained from industry
sources.
The South African agricultural equipment market is estimated at approximately $919
million. Tractor sales constitute sixty percent of the total agricultural equipment market
followed by combine and baler sales. Five percent of all new agriculture equipment is
produced locally, ninety five percent of all agriculture equipment and parts is sourced
from international markets and at least twenty percent of new equipment is sourced
from the U.S. Used equipment has limited market opportunities.
Agriculture is an important component of the South African economy, accounting for
about 15% of GDP, with substantial growth potential. Although 80% of South Africa’s
land is used for agriculture, only 15% of that is arable, with the rest used for pastoral and
other purposes.
Compared to the rest of Africa, South Africa has by far the most modern, productive and
diverse agricultural economy. Although South Africa is currently experiencing a shortage
of wheat, it remains a net exporter of maize and other agricultural food products and is