South Africa - Iron Or Steel Rivets - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Rivet Price in South Africa - 2023
Contents:
- Metal Rivet Price in South Africa (CIF) - 2022
- Metal Rivet Price in South Africa (FOB) - 2022
- Metal Rivet Imports in South Africa
- Metal Rivet Exports in South Africa
Metal Rivet Price in South Africa (CIF) - 2022
The average metal rivet import price stood at $4,434 per ton in 2022, picking up by 33% against the previous year. Overall, the import price, however, recorded a pronounced slump. The most prominent rate of growth was recorded in 2018 an increase of 37% against the previous year. The import price peaked at $7,300 per ton in 2013; however, from 2014 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 the United States ($12,744 per ton), while the price for China ($2,200 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Metal Rivet Price in South Africa (FOB) - 2022
In 2022, the average metal rivet export price amounted to $4,511 per ton, which is down by -2.8% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of 13% against the previous year. As a result, the export price reached the peak level of $5,353 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Nigeria ($13,173 per ton), while the average price for exports to Swaziland ($3,504 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mozambique (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Rivet Imports in South Africa
After three years of growth, purchases abroad of iron or steel rivets decreased by -39% to 459 tons in 2022. In general, imports saw a pronounced decrease. The pace of growth appeared the most rapid in 2020 with an increase of 23%.
In value terms, metal rivet imports contracted sharply to $2M in 2022. Overall, imports continue to indicate a mild downturn. The most prominent rate of growth was recorded in 2021 with an increase of 39% against the previous year. As a result, imports attained the peak of $2.5M, and then shrank remarkably in the following year.
| Import of Metal Rivet in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 672 | 737 | 1,233 | 855 | 8.4% |
| China | 436 | 399 | 592 | 509 | 5.3% |
| United States | 454 | 189 | 220 | 155 | -30.1% |
| Brazil | 121 | 71.6 | 85.4 | 110 | -3.1% |
| Hungary | 75.7 | 65.6 | 63.3 | 61.2 | -6.8% |
| India | 50.3 | 42.8 | 86.6 | 44.7 | -3.9% |
| Taiwan (Chinese) | 61.3 | 55.5 | 32.7 | 33.3 | -18.4% |
| Others | 261 | 243 | 192 | 270 | 1.1% |
| Total | 2,133 | 1,804 | 2,505 | 2,037 | -1.5% |
Top Suppliers of Metal Rivet to South Africa in 2022:
- China (231.3 tons)
- Germany (144.1 tons)
- Brazil (15.4 tons)
- India (13.4 tons)
- United States (12.2 tons)
- Hungary (6.7 tons)
- Taiwan (Chinese) (5.0 tons)
Metal Rivet Exports in South Africa
In 2022, the amount of iron or steel rivets exported from South Africa totaled 146 tons, picking up by 7.3% compared with 2021 figures. The total export volume increased at an average annual rate of +6.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 16% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.
In value terms, metal rivet exports expanded modestly to $658K in 2022. The total export value increased at an average annual rate of +4.3% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 23%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.
| Export of Metal Rivet in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lesotho | 81.3 | 21.3 | 28.7 | 112 | 11.3% |
| Namibia | 67.0 | 56.3 | 83.9 | 91.8 | 11.1% |
| Zimbabwe | 65.8 | 125 | 101 | 82.7 | 7.9% |
| Swaziland | 59.0 | 62.8 | 93.0 | 78.4 | 9.9% |
| Botswana | 101 | 54.7 | 51.6 | 66.3 | -13.1% |
| Zambia | 48.1 | 43.8 | 77.4 | 55.1 | 4.6% |
| Mozambique | 19.5 | 68.7 | 37.8 | 46.6 | 33.7% |
| Others | 138 | 79.7 | 157 | 125 | -3.2% |
| Total | 579 | 512 | 630 | 658 | 4.4% |
Top Export Markets for Metal Rivet from South Africa in 2022:
- Lesotho (25.3 tons)
- Zimbabwe (23.6 tons)
- Swaziland (22.4 tons)
- Namibia (19.9 tons)
- Botswana (18.4 tons)
- Zambia (11.3 tons)
- Mozambique (8.0 tons)
This report provides an in-depth analysis of the metal rivet 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 25941250 - Iron or steel rivets (including partly hollow rivets) (excluding tubular or bifurcated rivets for all purposes)
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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