South Africa - Brakes And Servo-Brakes - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBrakes and Servo-Brakes Price in South Africa - 2023
Contents:
- Brakes and Servo-Brakes Price in South Africa (CIF) - 2023
- Brakes and Servo-Brakes Price in South Africa (FOB) - 2023
- Brakes and Servo-Brakes Imports in South Africa
- Brakes and Servo-Brakes Exports in South Africa
Brakes and Servo-Brakes Price in South Africa (CIF) - 2023
The average brakes and servo-brakes import price stood at $5,483 per ton in July 2023, dropping by -5.1% against the previous month. Over the period under review, the import price, however, saw tangible growth. The pace of growth appeared the most rapid in August 2022 an increase of 160% against the previous month. As a result, import price reached the peak level of $10,981 per ton. From September 2022 to July 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Japan ($13,618 per ton), while the price for China ($2,209 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Germany (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Brakes and Servo-Brakes Price in South Africa (FOB) - 2023
The average brakes and servo-brakes export price stood at $11,747 per ton in July 2023, increasing by 11% against the previous month. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in October 2022 an increase of 16% month-to-month. The export price peaked at $13,001 per ton in December 2022; however, from January 2023 to July 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In July 2023, the country with the highest price was Germany ($24,150 per ton), while the average price for exports to Swaziland ($5,672 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+16.6%), while the prices for the other major destinations experienced more modest paces of growth.
Brakes and Servo-Brakes Imports in South Africa
In 2022, the amount of brakes and servo-brakes imported into South Africa soared to 51K tons, picking up by 17% on 2021 figures. The total import volume increased at an average annual rate of +7.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 20%. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in the near future.
In value terms, brakes and servo-brakes imports rose remarkably to $247M in 2022. The total import value increased at an average annual rate of +3.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 33% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Brakes and Servo-Brakes in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 42.3 | 39.4 | 50.6 | 65.7 | 15.8% |
| Thailand | 33.4 | 27.2 | 35.7 | 32.3 | -1.1% |
| Germany | 38.8 | 27.1 | 34.4 | 26.1 | -12.4% |
| Czech Republic | 21.1 | 14.3 | 17.3 | 21.4 | 0.5% |
| Japan | 18.2 | 14.3 | 20.0 | 18.8 | 1.1% |
| Poland | 11.3 | 8.4 | 12.7 | 13.1 | 5.1% |
| Italy | 14.1 | 10.1 | 12.3 | 12.3 | -4.5% |
| Spain | 6.4 | 4.9 | 7.6 | 7.2 | 4.0% |
| Turkey | 3.1 | 2.9 | 4.1 | 5.3 | 19.6% |
| India | 4.5 | 3.1 | 4.6 | 5.2 | 4.9% |
| France | 4.0 | 2.8 | 4.7 | 4.7 | 5.5% |
| Others | 29.2 | 20.9 | 28.7 | 35.2 | 6.4% |
| Total | 226 | 175 | 233 | 247 | 3.0% |
Top Suppliers of Brakes and Servo-Brakes to South Africa in 2022:
- China (31.0K tons)
- Germany (3.3K tons)
- Thailand (3.2K tons)
- Czech Republic (2.4K tons)
- Japan (2.2K tons)
- Poland (1.8K tons)
- India (1.2K tons)
- Turkey (1.1K tons)
- France (1.0K tons)
- Spain (0.9K tons)
- Italy (0.7K tons)
Brakes and Servo-Brakes Exports in South Africa
In 2022, approx. 3.3K tons of brakes and servo-brakes were exported from South Africa; rising by 11% against 2021 figures. Overall, exports, however, continue to indicate a noticeable descent.
In value terms, brakes and servo-brakes exports expanded sharply to $40M in 2022. In general, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 23% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.
| Export of Brakes and Servo-Brakes in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Namibia | 6.2 | 5.1 | 6.2 | 7.0 | 4.1% |
| Botswana | 4.9 | 4.2 | 5.3 | 5.7 | 5.2% |
| Zambia | 2.6 | 2.4 | 4.4 | 3.8 | 13.5% |
| Swaziland | 3.0 | 2.4 | 2.9 | 3.1 | 1.1% |
| Zimbabwe | 1.5 | 2.0 | 2.5 | 2.8 | 23.1% |
| Mozambique | 3.1 | 1.9 | 2.3 | 2.6 | -5.7% |
| Democratic Republic of the Congo | 1.3 | 0.5 | 1.3 | 2.1 | 17.3% |
| United States | 0.9 | 0.3 | 0.7 | 1.6 | 21.1% |
| Belgium | 5.1 | 2.5 | 2.6 | 1.6 | -32.1% |
| Lesotho | 1.7 | 1.5 | 1.5 | 1.5 | -4.1% |
| Japan | 0.6 | 0.7 | 1.1 | 1.5 | 35.7% |
| Germany | 1.7 | 0.5 | 0.5 | 1.0 | -16.2% |
| United Arab Emirates | 0.3 | 0.4 | 0.2 | 0.4 | 10.1% |
| Others | 6.8 | 5.6 | 5.4 | 5.5 | -6.8% |
| Total | 39.5 | 29.9 | 36.9 | 40.0 | 0.4% |
Top Export Markets for Brakes and Servo-Brakes from South Africa in 2022:
- Namibia (616.2 tons)
- Zambia (406.7 tons)
- Botswana (386.6 tons)
- Swaziland (371.7 tons)
- Zimbabwe (264.4 tons)
- Lesotho (232.8 tons)
- Mozambique (224.0 tons)
- Belgium (137.8 tons)
- Germany (130.6 tons)
- Democratic Republic of the Congo (94.1 tons)
- United States (61.4 tons)
- United Arab Emirates (58.8 tons)
- Japan (51.2 tons)
This report provides an in-depth analysis of the brakes and servo-brakes 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 29323020 - Brakes and servo-brakes and their parts (excluding unmounted linings or pads)
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
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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
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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
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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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