South Africa - Mining Equipment South Africa - Mining Equipment
Overview
| 2017 | 2018 | 2019 (estimated) | 2020 (projected) | |
| Total Market Size | 189,000 | 190,000 | 195,000 | 195,000 |
| Total Local Production | 63,000 | 64,000 | 66,000 | 68,000 |
| Total Exports | 20,000 | 22,000 | 22,000 | 30,000 |
| Total Imports | 125,000 | 130,000 | 135,000 | 135,000 |
| Imports from the U.S. | 38,000 | 40,000 | 41,000 | 40,000 |
| Exchange Rate: 1 USD |
Total Market Size = (Total Local Production + Total Imports) – (Total Exports)
Data Sources: Above figures are unofficial estimates obtained from industry sources.
Note: Figures include exploration and extraction equipment, but exclude
beneficiation and bulk transportation equipment.
The U.S. construction equipment sector exports to South Africa from 2011 to 2015 were over 600% higher than the next largest African market, Egypt (this sector includes construction, earthmoving and mining equipment). Overall, regional sector Africa growth since 2013 was relatively flat; regional export performance, however, mirrored overall global developments and have declined sharply since 2015. |
Sub-Sector Best Prospects
The South African mining industry is well-developed and sophisticated. Many local equipment and service providers as well as organized events exist to facilitate the distribution of goods or services into the African continent. South Africa remains an important stepping stone to develop that area. U.S. goods and services in the following fields are well represented in South Africa:- Software
- Furnaces
- Drill Rigs
- Automated Controls
- Mining Processing
- GIS Mapping
- Communications Systems
- Materials Extraction and Handling Technology
Opportunities
Mining and related projects have traditionally been responsible for significant infrastructure development. For example, 2,200 miles of railway line, three new ports and a large amount of bulk handling infrastructure at other ports remain in planning stages of both the South African Government and mining consortia. Increasing the efficiency of material handling systems is high on the agenda of exporters of ores and minerals.Recent mining infrastructure plans include:
- Saldanha Bay iron and steel ore bulk export hub.
- Coega Port infrastructure development focused on the creation of a dedicated rail line for the export of manganese from the Northern Cape and the creation of a chorine plant.
- Further enhanced bulk material handling systems for coal at the port of Richards Bay.
- Shale gas deposit exploration work in the Karoo desert have been put on hold due to regulatory processes, the down-turn in energy prices and a reassessment of the size of deposits.
Web Resources
Mining Indaba 2020Africa Mining Investment Conference and Exhibition
Date: February 3-6, 2020
Venue: CTICC, Cape Town
Website: www.miningindaba.com
Electra Mining Africa 2020
Mining, Industrial & Construction, Transport Exhibition and Conference
Date: 7 – 11, September 2020
Venue: MTN Expo Centre,
Nasrec, Johannesburg
Website: http://www.electramining.co.za
Mining Weekly Publication
Website: http://www.miningweekly.co.za
Minerals Council South Africa
Website: www.mineralscouncil.org.za/
Council for Geoscience
Website: http://www.geoscience.org.za
Mintek
Website: http://www.mintek.co.za
For more information, contact the U.S. Commercial Service in Johannesburg, South Africa, 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.
Prepared by our U.S. Embassies abroad. With its network of 108 offices across the United States and in more than 75 countries, the U.S. Commercial Service of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the U.S. Commercial Service trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.