Liquid Elevators Price in South Africa - 2023

Contents:

  1. Liquid Elevators Price in South Africa (FOB) - 2022
  2. Liquid Elevators Price in South Africa (CIF) - 2022
  3. Liquid Elevators Exports in South Africa
  4. Liquid Elevators Imports in South Africa

Liquid Elevators Price in South Africa (FOB) - 2022

The average liquid elevators export price stood at $244 per unit in 2022, growing by 37% against the previous year. Overall, the export price posted a resilient increase. The pace of growth appeared the most rapid in 2018 an increase of 56% against the previous year. As a result, the export price reached the peak level of $406 per unit. From 2019 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($777 per unit), while the average price for exports to Swaziland ($25 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 Senegal (+22.3%), while the prices for the other major destinations experienced more modest paces of growth.

Liquid Elevators Price in South Africa (CIF) - 2022

In 2022, the average liquid elevators import price amounted to $55 per unit, picking up by 37% against the previous year. Overall, the import price, however, recorded a drastic downturn. The pace of growth appeared the most rapid in 2016 an increase of 92%. Over the period under review, average import prices attained the peak figure at $998 per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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 Ghana ($70 per unit), while the price for China stood at $16 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+229.6%).

Liquid Elevators Exports in South Africa

In 2022, exports of liquid elevatorses from South Africa rose markedly to 6.9K units, surging by 14% on the year before. The total export volume increased at an average annual rate of +5.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, liquid elevators exports surged to $1.7M in 2022. Overall, exports continue to indicate a slight increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Liquid Elevators in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Democratic Republic of the Congo94.96.855.141463.4%
Namibia35429.5388293-6.1%
Angola35.61.013.617871.0%
Tanzania1241.024.917011.1%
Zimbabwe141158291134-1.7%
Mozambique13750.452.688.5-13.6%
Swaziland35.146.438.867.024.0%
Botswana15912542.755.3-29.7%
Lesotho29.018.09.714.7-20.3%
Ghana2360.53.03.0-76.7%
Others290419168274-1.9%
Total1,6368551,0871,6901.1%

Top Export Markets for Liquid Elevators from South Africa in 2022:

  1. Swaziland (2736.0 units)
  2. Angola (794.0 units)
  3. Mozambique (606.0 units)
  4. Namibia (574.0 units)
  5. Democratic Republic of the Congo (532.0 units)
  6. Zimbabwe (394.0 units)
  7. Tanzania (383.0 units)
  8. Lesotho (310.0 units)
  9. Botswana (108.0 units)
  10. Ghana (46.0 units)

Liquid Elevators Imports in South Africa

In 2022, approx. 13K units of liquid elevatorses were imported into South Africa; shrinking by -23.1% against 2021. Overall, imports, however, recorded a prominent increase. The growth pace was the most rapid in 2021 with an increase of 224% against the previous year. As a result, imports reached the peak of 17K units, and then contracted markedly in the following year.

In value terms, liquid elevators imports totaled $731K in 2022. In general, imports saw a abrupt shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 100% against the previous year. Imports peaked at $923K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Liquid Elevators in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China531204492196-28.3%
GhanaN/AN/AN/A38.00%
Others3931422014978.1%
Total923347693731-7.5%

Top Suppliers of Liquid Elevators to South Africa in 2022:

  1. China (12.5K units)
  2. Ghana (0.5K units)

Source: IndexBox Market Intelligence Platform

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