Report Update: May 1, 2024

South Africa - Flywheels And Pulleys - Market Analysis, Forecast, Size, Trends And Insights

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Flywheels and Pulleys Price in South Africa - 2023

Flywheels and Pulleys Price in South Africa (CIF) - 2022

In 2022, the average flywheels and pulleys import price amounted to $14,862 per ton, declining by -7.8% against the previous year. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average import price increased by 7.4% against the previous year. The import price peaked at $16,122 per ton in 2021, and then shrank in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Romania ($14,862 per ton) and India ($14,862 per ton), while the price for the UK ($14,862 per ton) and Thailand ($14,862 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Flywheels and Pulleys Price in South Africa (FOB) - 2022

In 2022, the average flywheels and pulleys export price amounted to $18,070 per ton, growing by 9.7% against the previous year. Overall, the export price posted a buoyant expansion. The growth pace was the most rapid in 2016 when the average export price increased by 72% against the previous year. As a result, the export price attained the peak level of $19,838 per ton. From 2017 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Botswana ($18,071 per ton) and Democratic Republic of the Congo ($18,071 per ton), while the average price for exports to Zambia ($18,070 per ton) and Mozambique ($18,070 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Botswana (+17.9%), while the prices for the other major destinations experienced more modest paces of growth.

Flywheels and Pulleys Imports in South Africa

In 2022, approx. 2.4K tons of flywheels and pulleys were imported into South Africa; with an increase of 9.8% on the year before. The total import volume increased at an average annual rate of +5.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 32%. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, flywheels and pulleys imports amounted to $36M in 2022. The total import value increased at an average annual rate of +8.0% 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 2021 when imports increased by 41%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the near future.

Import of Flywheels and Pulleys in South Africa (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	7.7	7.2	10.5	10.5	10.9%
Germany	5.0	4.1	6.4	6.0	6.3%
United States	3.7	3.6	4.0	4.8	9.1%
Italy	1.1	1.2	1.8	2.5	31.5%
Hungary	1.6	1.0	1.8	1.7	2.0%
Japan	1.4	1.1	1.4	1.6	4.6%
India	0.9	1.0	1.5	1.2	10.1%
Canada	0.6	0.4	0.7	1.0	18.6%
France	0.7	0.8	0.9	1.0	12.6%
Thailand	1.5	1.1	1.6	1.0	-12.6%
Romania	0.1	0.2	0.4	0.6	81.7%
United Kingdom	0.6	0.6	0.6	0.5	-5.9%
Others	3.7	2.9	3.8	3.5	-1.8%
Total	28.4	25.1	35.4	35.8	8.0%

Top Suppliers of Flywheels and Pulleys to South Africa in 2022:

China (706.4 tons)
Germany (401.9 tons)
United States (324.0 tons)
Italy (166.8 tons)
Hungary (115.7 tons)
Japan (104.4 tons)
India (78.6 tons)
Thailand (68.5 tons)
France (66.1 tons)
Canada (64.0 tons)
Romania (43.0 tons)
United Kingdom (33.0 tons)

Flywheels and Pulleys Exports in South Africa

In 2022, exports of flywheels and pulleys from South Africa fell markedly to 933 tons, waning by -17.2% against the previous year's figure. Overall, exports recorded a deep reduction. The pace of growth appeared the most rapid in 2021 when exports increased by 0.1% against the previous year.

In value terms, flywheels and pulleys exports contracted to $17M in 2022. In general, exports showed a deep contraction. The smallest decline of -8.7% was in 2021.

Export of Flywheels and Pulleys in South Africa (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Zimbabwe	728	637	1,043	3,117	62.4%
Democratic Republic of the Congo	1,403	2,319	5,112	2,346	18.7%
Zambia	1,189	729	969	2,067	20.2%
Turkey	418	1,629	0.1	828	25.6%
Botswana	596	786	1,033	819	11.2%
Peru	118	2,877	832	706	81.5%
Namibia	1,160	629	761	692	-15.8%
Germany	637	741	1,381	598	-2.1%
Mozambique	686	782	780	561	-6.5%
Nigeria	2.9	131	37.5	549	474.2%
Ghana	40.0	140	113	467	126.9%
Cote d'Ivoire	108	39.4	116	348	47.7%
Saudi Arabia	687	107	475	287	-25.2%
Others	17,353	8,783	5,917	3,472	-41.5%
Total	25,126	20,330	18,569	16,859	-12.5%

Top Export Markets for Flywheels and Pulleys from South Africa in 2022:

Zimbabwe (172.5 tons)
Democratic Republic of the Congo (129.8 tons)
Zambia (114.4 tons)
Turkey (45.8 tons)
Botswana (45.3 tons)
Peru (39.1 tons)
Namibia (38.3 tons)
Germany (33.1 tons)
Mozambique (31.0 tons)
Nigeria (30.4 tons)
Ghana (25.8 tons)
Cote d'Ivoire (19.3 tons)
Saudi Arabia (15.9 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the flywheels and pulleys 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 28152500 - Flywheels and pulleys (including pulley blocks)

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. 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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. 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
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023