South Africa - Lifts And Hoists - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLift and Hoist Price in South Africa - 2023
Contents:
- Lift and Hoist Price in South Africa (CIF) - 2022
- Lift and Hoist Price in South Africa (FOB) - 2022
- Lift and Hoist Imports in South Africa
- Lift and Hoist Exports in South Africa
Lift and Hoist Price in South Africa (CIF) - 2022
In 2022, the average lift and hoist import price amounted to $3,557 per unit, increasing by 49% against the previous year. Over the period under review, the import price recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when the average import price increased by 603%. The import price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($7,566 per unit), while the price for South Korea ($82 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+59.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Lift and Hoist Price in South Africa (FOB) - 2022
The average lift and hoist export price stood at $7,908 per unit in 2022, surging by 7.9% against the previous year. Overall, the export price, however, continues to indicate a deep setback. The most prominent rate of growth was recorded in 2021 an increase of 345% against the previous year. Over the period under review, the average export prices reached the peak figure at $35,656 per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ghana ($28,944 per unit), while the average price for exports to Australia ($674 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 Canada (+108.4%), while the prices for the other major destinations experienced mixed trend patterns.
Lift and Hoist Imports in South Africa
In 2022, overseas purchases of lifts and hoists decreased by -40.5% to 3.4K units, falling for the second year in a row after two years of growth. Over the period under review, imports faced a precipitous descent. The most prominent rate of growth was recorded in 2020 with an increase of 405%. As a result, imports attained the peak of 48K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, lift and hoist imports declined to $12M in 2022. In general, imports showed a abrupt shrinkage. The growth pace was the most rapid in 2020 when imports increased by 13% against the previous year. As a result, imports reached the peak of $16M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Lift and Hoist in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 10.4 | 12.4 | 9.7 | 7.9 | -8.8% |
| Spain | 0.8 | 0.3 | 0.5 | 1.7 | 28.6% |
| Italy | 0.8 | 1.0 | 0.9 | 0.6 | -9.1% |
| United Kingdom | 0.8 | 0.2 | 0.4 | 0.2 | -37.0% |
| Switzerland | N/A | N/A | N/A | N/A | 0% |
| Vietnam | N/A | N/A | N/A | N/A | 0% |
| Austria | 0.2 | N/A | 0.1 | N/A | -29.3% |
| Others | 1.5 | 2.3 | 2.0 | 1.6 | 2.2% |
| Total | 14.4 | 16.2 | 13.6 | 12.1 | -5.6% |
Top Suppliers of Lift and Hoist to South Africa in 2022:
- Italy (1837.0 units)
- China (1049.0 units)
- Spain (251.0 units)
- Vietnam (65.0 units)
- United Kingdom (39.0 units)
- Austria (11.0 units)
Lift and Hoist Exports in South Africa
In 2022, the amount of lifts and hoists exported from South Africa totaled 523 units, almost unchanged from the year before. In general, exports continue to indicate a strong increase. The growth pace was the most rapid in 2020 when exports increased by 1,238% against the previous year. As a result, the exports attained the peak of 4.1K units. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, lift and hoist exports amounted to $4.1M in 2022. Over the period under review, exports enjoyed a resilient increase. The most prominent rate of growth was recorded in 2020 with an increase of 152%. As a result, the exports reached the peak of $6.8M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Lift and Hoist in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ghana | 315 | N/A | N/A | 1,447 | 66.2% |
| Zimbabwe | 140 | 8.5 | 165 | 1,323 | 111.4% |
| Malawi | 59.8 | 19.3 | 14.2 | 257 | 62.6% |
| Zambia | 292 | 189 | 102 | 238 | -6.6% |
| Botswana | 273 | 188 | 494 | 168 | -14.9% |
| Swaziland | 320 | 74.9 | 28.9 | 116 | -28.7% |
| Namibia | 198 | 64.0 | 55.3 | 103 | -19.6% |
| Democratic Republic of the Congo | 5.1 | 20.0 | 34.5 | 101 | 170.6% |
| Mozambique | 139 | 9.5 | 9.8 | 40.0 | -34.0% |
| Tanzania | 9.5 | 14.6 | 47.0 | 27.3 | 42.2% |
| Australia | N/A | 5,592 | N/A | 14.2 | -95.0% |
| Burkina Faso | 266 | N/A | N/A | N/A | 0% |
| Lithuania | N/A | N/A | 2,150 | N/A | 0% |
| Others | 679 | 617 | 719 | 301 | -23.8% |
| Total | 2,696 | 6,796 | 3,820 | 4,136 | 15.3% |
Top Export Markets for Lift and Hoist from South Africa in 2022:
- Zimbabwe (210.0 units)
- Zambia (66.0 units)
- Ghana (50.0 units)
- Swaziland (28.0 units)
- Tanzania (22.0 units)
- Democratic Republic of the Congo (22.0 units)
- Australia (21.0 units)
- Botswana (21.0 units)
- Malawi (19.0 units)
- Namibia (14.0 units)
- Mozambique (12.0 units)
This report provides an in-depth analysis of the lift and hoist 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 28221630 - Electrically operated lifts and skip hoists
- Prodcom 28221650 - Lifts and skip hoists (excluding electrically operated)
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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