Lubricants and oils and greases and anti corrosives
The market for lubricants and oils in the Eastern Cape is worth about R32 million, which is a decent size. However, it's not growing at the moment, with zero year-on-year growth, so you'll need to compete for a share of the existing market. With only 6 suppliers currently serving 11 departments, it's relatively uncrowded, which could be an opportunity for your business. Unfortunately, the data shows that no allocation is currently set aside for black, women, or youth-owned businesses, so you'll need to compete on other merits. To get a foothold in this market, I'd recommend researching the 11 departments that are currently buying these products and reaching out to them to understand their needs and procurement processes.
R33M
6
11
R1M
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%
BEE Allocation
0.0%
0.0%
0.0%
0.0%