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Manufacture and Wholesale of Machinery for Mining, Quarrying and Construction in South Africa 2019

Manufacture and Wholesale of Machinery for Mining, Quarrying and Construction in South Africa 2019

  • February 2019
  • 156 pages
  • ID: 4286539
  • Format: PDF
  • By Who Owns Whom

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Manufacture and Wholesale of Machinery for Mining, Quarrying and Construction :
The volume of special purpose machinery produced increased by 5.5% between December 2017 and December 2018, while the sales value of these products at current prices rose by 8.2% over the same period. Seasonally adjusted sales value of special purpose machinery was R5.55bn in December 2018. Manufacturers and wholesalers of mining, quarrying and construction machinery are experiencing subdued demand for their products due to low levels of investment in the mining industry and limited activity in the construction sector.

Industry Developments :
A number of initiatives aimed at boosting the sector include the launch of the Mining Equipment Manufacturers of South Africa, which aims to develop a world-class mining equipment manufacturing sector, as well as government’s announcement of a R400bn infrastructure fund and the new Mining Charter which has brought some policy certainty to the sector. However, a recent report said the competitiveness of South African manufacturers is being reduced by import competition, especially from China. Manufacturers blame this on a lack of protection in the capital equipment industry and the fact that state-owned companies and municipalities prefer imported equipment.

Report Coverage:
This report covers the manufacture and wholesale of machinery for mining, quarrying and construction including statistics up to December 2018. The report discusses the size and state of the industry and factors influencing its success. There are comprehensive profiles of 58 notable companies including large companies such as Barloworld and Bell Equipment. Other companies profiled include Komatsu Africa which opened a new R985m industrial campus in Germiston, Gauteng, in November 2018 and Osborn Engineered Products which is celebrating its 100th anniversary in 2019.

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