Cranes; Tower Cranes Price in South Africa - 2023
Contents:
- Cranes; Tower Cranes Price in South Africa (FOB) - 2022
- Cranes; Tower Cranes Price in South Africa (CIF) - 2022
- Cranes; Tower Cranes Exports in South Africa
- Cranes; Tower Cranes Imports in South Africa
Cranes; Tower Cranes Price in South Africa (FOB) - 2022
In 2022, the average cranes; tower cranes export price amounted to $12,723 per unit, which is down by -58% against the previous year. Over the period under review, the export price faced a abrupt decrease. The pace of growth was the most pronounced in 2014 an increase of 58% against the previous year. Over the period under review, the average export prices reached the maximum at $164,781 per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Zimbabwe ($146,543 per unit), while the average price for exports to Sierra Leone ($102 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+27.9%), while the prices for the other major destinations experienced more modest paces of growth.
Cranes; Tower Cranes Price in South Africa (CIF) - 2022
The average cranes; tower cranes import price stood at $529,957 per unit in 2022, increasing by 2,878% against the previous year. Over the period under review, the import price posted buoyant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 Denmark ($1,875,419 per unit), while the price for the United States ($2,711 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+21.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Cranes; Tower Cranes Exports in South Africa
In 2022, the amount of cranes; tower craneses exported from South Africa skyrocketed to 127 units, jumping by 535% on the previous year. Overall, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, cranes; tower cranes exports skyrocketed to $1.6M in 2022. Over the period under review, exports, however, faced a deep downturn. Over the period under review, the exports hit record highs at $2.8M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Cranes; Tower Cranes in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Zimbabwe | 7.6 | 23.0 | N/A | 440 | 286.9% |
| Germany | 490 | N/A | N/A | 307 | -14.4% |
| Switzerland | 1,288 | 191 | N/A | 264 | -41.0% |
| Angola | N/A | N/A | 3.5 | 233 | 6557.1% |
| United Kingdom | N/A | N/A | 361 | 197 | -45.4% |
| Cameroon | N/A | N/A | N/A | 47.4 | 0% |
| Botswana | 452 | 4.3 | 58.2 | 15.3 | -67.7% |
| Swaziland | 367 | 258 | 42.9 | 8.7 | -71.3% |
| Sierra Leone | N/A | N/A | N/A | 8.2 | 0% |
| Others | 157 | 216 | 142 | 93.0 | -16.0% |
| Total | 2,762 | 693 | 607 | 1,613 | -16.4% |
Top Export Markets for Cranes; Tower Cranes from South Africa in 2022:
- Sierra Leone (80.0 units)
- Angola (22.0 units)
- United Kingdom (6.0 units)
- Germany (6.0 units)
- Zimbabwe (3.0 units)
- Switzerland (3.0 units)
- Cameroon (2.0 units)
- Botswana (1.0 units)
Cranes; Tower Cranes Imports in South Africa
In 2022, imports of cranes; tower craneses into South Africa skyrocketed to 9 units, growing by 125% compared with the previous year's figure. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 267% against the previous year. As a result, imports attained the peak of 33 units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, cranes; tower cranes imports surged to $4.8M in 2022. Over the period under review, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Cranes; Tower Cranes in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | N/A | N/A | N/A | 3,751 | 0% |
| Italy | 281 | N/A | N/A | 620 | 30.2% |
| India | 273 | N/A | N/A | 258 | -1.9% |
| Ghana | N/A | N/A | N/A | 144 | 0% |
| Botswana | N/A | 18.4 | 3.4 | 22.7 | 11.1% |
| Germany | 100 | N/A | 1.5 | 0.7 | -80.9% |
| United States | N/A | 73.5 | 6.4 | 0.1 | -96.3% |
| China | 182 | 319 | 1.4 | 0.1 | -91.8% |
| United Kingdom | 306 | N/A | N/A | N/A | 0% |
| Australia | N/A | 1.6 | N/A | N/A | 0% |
| Others | 0.3 | N/A | 54.1 | N/A | 1242.9% |
| Total | 1,142 | 413 | 66.8 | 4,796 | 61.3% |
Top Suppliers of Cranes; Tower Cranes to South Africa in 2022:
- Ghana (3.0 units)
- Denmark (2.0 units)
- Italy (2.0 units)
- Botswana (1.0 units)
- India (1.0 units)
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