South Africa - Base Metal Keys - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBase Metal Keys Price in South Africa - 2023
Contents:
- Base Metal Keys Price in South Africa (CIF) - 2022
- Base Metal Keys Price in South Africa (FOB) - 2022
- Base Metal Keys Imports in South Africa
- Base Metal Keys Exports in South Africa
Base Metal Keys Price in South Africa (CIF) - 2022
The average base metal keys import price stood at $22,329 per ton in 2022, reducing by -5.6% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the average import price increased by 23%. Over the period under review, average import prices attained the peak figure at $23,657 per ton in 2021, and then declined in the following year.
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 the Czech Republic ($62,671 per ton), while the price for India ($6,835 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Base Metal Keys Price in South Africa (FOB) - 2022
The average base metal keys export price stood at $13,935 per ton in 2022, with a decrease of -4.3% against the previous year. Over the period under review, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, base metal keys export price decreased by -15.1% against 2020 indices. The most prominent rate of growth was recorded in 2020 when the average export price increased by 27% against the previous year. As a result, the export price reached the peak level of $16,409 per ton. From 2021 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Namibia ($31,387 per ton), while the average price for exports to Swaziland ($4,920 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 Zimbabwe (+10.5%), while the prices for the other major destinations experienced more modest paces of growth.
Base Metal Keys Imports in South Africa
Base metal keys imports into South Africa rose remarkably to 156 tons in 2022, growing by 10% compared with 2021 figures. Overall, imports, however, recorded a deep reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 19% against the previous year.
In value terms, base metal keys imports reached $3.5M in 2022. Over the period under review, imports, however, recorded a pronounced decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 30%.
| Import of Base Metal Keys in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 699 | 592 | 557 | 686 | -0.6% |
| China | 699 | 460 | 531 | 572 | -6.5% |
| Japan | 467 | 434 | 561 | 427 | -2.9% |
| Spain | 570 | 101 | 363 | 334 | -16.3% |
| Germany | 310 | 218 | 300 | 305 | -0.5% |
| Czech Republic | 315 | 61.1 | 193 | 225 | -10.6% |
| India | 63.8 | 37.7 | 85.3 | 115 | 21.7% |
| United States | 123 | 77.4 | 134 | 110 | -3.7% |
| United Kingdom | 107 | 64.3 | 64.6 | 62.8 | -16.3% |
| South Korea | 59.4 | 42.8 | 44.3 | 38.7 | -13.3% |
| Others | 417 | 498 | 522 | 612 | 13.6% |
| Total | 3,830 | 2,587 | 3,354 | 3,487 | -3.1% |
Top Suppliers of Base Metal Keys to South Africa in 2022:
- China (44.6 tons)
- Italy (43.0 tons)
- India (16.9 tons)
- Japan (11.4 tons)
- Spain (10.6 tons)
- Germany (6.8 tons)
- United States (4.5 tons)
- Czech Republic (3.6 tons)
- South Korea (2.6 tons)
- United Kingdom (1.6 tons)
Base Metal Keys Exports in South Africa
In 2022, base metal keys exports from South Africa contracted to 61 tons, which is down by -9.4% compared with 2021 figures. Overall, exports saw a deep contraction. The pace of growth was the most pronounced in 2021 when exports increased by 45% against the previous year.
In value terms, base metal keys exports shrank to $848K in 2022. In general, exports continue to indicate a deep setback. The pace of growth appeared the most rapid in 2021 with an increase of 29% against the previous year.
| Export of Base Metal Keys in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Namibia | 188 | 129 | 174 | 185 | -0.5% |
| Botswana | 166 | 115 | 153 | 150 | -3.3% |
| Lesotho | 45.3 | 48.2 | 99.5 | 76.8 | 19.2% |
| Mozambique | 14.4 | 36.9 | 42.7 | 54.6 | 55.9% |
| Democratic Republic of the Congo | 22.4 | 7.7 | 32.6 | 49.5 | 30.3% |
| Swaziland | 57.0 | 37.5 | 32.6 | 39.6 | -11.4% |
| Zambia | 82.0 | 26.9 | 52.9 | 32.0 | -26.9% |
| Kenya | 1.1 | 7.7 | 6.8 | 21.8 | 170.6% |
| Germany | 547 | 1.3 | 0.2 | 0.4 | -91.0% |
| Others | 307 | 348 | 383 | 239 | -8.0% |
| Total | 1,431 | 758 | 977 | 848 | -16.0% |
Top Export Markets for Base Metal Keys from South Africa in 2022:
- Germany (undefined tons)
- Lesotho (10.5 tons)
- Botswana (9.4 tons)
- Democratic Republic of the Congo (8.1 tons)
- Swaziland (8.1 tons)
- Namibia (5.9 tons)
- Mozambique (5.5 tons)
- Zambia (5.2 tons)
- Kenya (3.8 tons)
This report provides an in-depth analysis of the base metal keys market in South Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 25721350 - Base metal keys presented separately (including roughly cast, forged or stamped blanks, skeleton keys)
Country coverage:
- South Africa
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in South Africa
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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