Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in South Africa - 2024
Contents:
- Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in South Africa (CIF) - 2022
- Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in South Africa (FOB) - 2022
- Imports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in South Africa
- Exports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in South Africa
Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in South Africa (CIF) - 2022
In 2022, the average import price for machines and mechanical appliances; parts, of those having individual functionses amounted to $16,112 per ton, declining by -24.8% against the previous year. Over the period under review, the import price recorded a perceptible contraction. The most prominent rate of growth was recorded in 2019 an increase of 22%. The import price peaked at $25,902 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($47,546 per ton), while the price for China ($4,964 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+1.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in South Africa (FOB) - 2022
The average export price for machines and mechanical appliances; parts, of those having individual functionses stood at $16,293 per ton in 2022, growing by 3.6% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average export price increased by 38% against the previous year. As a result, the export price attained the peak level of $17,474 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Mauritius ($22,008 per ton), while the average price for exports to Swaziland ($6,963 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mauritius (+11.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in South Africa
In 2022, supplies from abroad of machines and mechanical appliances; parts, of those having individual functionses increased by 36% to 4.2K tons for the first time since 2019, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +7.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of machines and mechanical appliances; parts, of those having individual functionses amounted to $68M in 2022. Over the period under review, imports, however, continue to indicate a abrupt decrease.
| Import of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 20.6 | 25.3 | 12.8 | 12.2 | -16.0% |
| China | 10.1 | 6.5 | 7.4 | 9.0 | -3.8% |
| United States | 8.6 | 7.5 | 7.9 | 7.0 | -6.6% |
| United Kingdom | 6.7 | 2.3 | 3.2 | 5.6 | -5.8% |
| Japan | 3.5 | 3.8 | 6.3 | 5.4 | 15.6% |
| Italy | 6.9 | 3.5 | 4.5 | 4.3 | -14.6% |
| Switzerland | 5.6 | 2.6 | 3.8 | 3.7 | -12.9% |
| India | 1.7 | 1.4 | 2.2 | 3.6 | 28.4% |
| Australia | 0.6 | 0.5 | 0.8 | 1.3 | 29.4% |
| Netherlands | 1.1 | 2.5 | 1.2 | 1.2 | 2.9% |
| Spain | 2.9 | 0.9 | 1.0 | 1.1 | -27.6% |
| Others | 12.5 | 14.4 | 15.5 | 13.5 | 2.6% |
| Total | 80.7 | 71.2 | 66.6 | 67.9 | -5.6% |
Top Suppliers of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions to South Africa in 2022:
- China (1814.3 tons)
- Germany (482.6 tons)
- United Kingdom (338.7 tons)
- India (241.3 tons)
- United States (211.7 tons)
- Italy (181.8 tons)
- Japan (113.5 tons)
- Switzerland (91.0 tons)
- Australia (68.0 tons)
- Netherlands (43.6 tons)
- Spain (38.3 tons)
Exports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in South Africa
After three years of growth, shipments abroad of machines and mechanical appliances; parts, of those having individual functionses decreased by -25% to 1.8K tons in 2022. The total export volume increased at an average annual rate of +3.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 21%.
In value terms, exports of machines and mechanical appliances; parts, of those having individual functionses fell remarkably to $29M in 2022. Overall, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 21%.
| Export of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Namibia | 1.6 | 1.6 | 3.1 | 2.3 | 12.9% |
| United States | 0.7 | 1.1 | 1.5 | 1.8 | 37.0% |
| Zambia | 1.6 | 1.0 | 1.6 | 1.7 | 2.0% |
| Botswana | 1.3 | 1.9 | 2.0 | 1.7 | 9.4% |
| Mauritius | 0.2 | 0.2 | 0.3 | 1.6 | 100.0% |
| Malaysia | N/A | N/A | N/A | 1.6 | 0% |
| Zimbabwe | 1.7 | 1.8 | 1.9 | 1.5 | -4.1% |
| Mozambique | 1.8 | 1.5 | 1.4 | 1.2 | -12.6% |
| Australia | 1.0 | 1.4 | 0.9 | 1.1 | 3.2% |
| Ghana | 1.1 | 0.7 | 1.7 | 0.8 | -10.1% |
| Swaziland | 0.6 | 0.5 | 0.6 | 0.8 | 10.1% |
| Lesotho | 0.4 | 0.4 | 0.5 | 0.7 | 20.5% |
| Sierra Leone | 0.1 | 0.2 | 0.1 | 0.7 | 91.3% |
| Others | 16.4 | 21.7 | 21.7 | 11.3 | -11.7% |
| Total | 28.2 | 34.0 | 37.2 | 28.9 | 0.8% |
Top Export Markets for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions from South Africa in 2022:
- United States (158.8 tons)
- Namibia (145.3 tons)
- Botswana (130.1 tons)
- Swaziland (116.6 tons)
- Zambia (102.1 tons)
- Zimbabwe (100.0 tons)
- Mozambique (95.8 tons)
- Malaysia (93.0 tons)
- Australia (81.3 tons)
- Mauritius (74.6 tons)
- Lesotho (59.3 tons)
- Ghana (55.8 tons)
- Sierra Leone (53.3 tons)
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