South Africa - Lifting Equipment Designed For Mounting On Road Vehicles - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMounting Lifting Equipment Price in South Africa - 2023
Contents:
- Mounting Lifting Equipment Price in South Africa (CIF) - 2022
- Mounting Lifting Equipment Price in South Africa (FOB) - 2022
- Mounting Lifting Equipment Imports in South Africa
- Mounting Lifting Equipment Exports in South Africa
Mounting Lifting Equipment Price in South Africa (CIF) - 2022
In 2022, the average mounting lifting equipment import price amounted to $27,945 per unit, surging by 196% against the previous year. Overall, the import price recorded a strong increase. The growth pace was the most rapid in 2017 when the average import price increased by 419% against the previous year. As a result, import price attained the peak level of $35,519 per unit. From 2018 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($53,435 per unit), while the price for China ($3,119 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Namibia (+43.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Mounting Lifting Equipment Price in South Africa (FOB) - 2022
The average mounting lifting equipment export price stood at $11,388 per unit in 2022, increasing by 8.3% against the previous year. Overall, the export price, however, showed a abrupt descent. The growth pace was the most rapid in 2017 an increase of 123% against the previous year. As a result, the export price attained the peak level of $34,964 per unit. From 2018 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 Namibia ($25,073 per unit), while the average price for exports to the United Arab Emirates ($1,438 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 Nigeria (+36.0%), while the prices for the other major destinations experienced mixed trend patterns.
Mounting Lifting Equipment Imports in South Africa
After three years of growth, overseas purchases of lifting equipment designed for mounting on road vehicles decreased by -57.5% to 654 units in 2022. In general, imports recorded a noticeable curtailment. The growth pace was the most rapid in 2021 when imports increased by 92% against the previous year. As a result, imports reached the peak of 1.5K units, and then reduced rapidly in the following year.
In value terms, mounting lifting equipment imports skyrocketed to $18M in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +13.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +96.3% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 56%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
Import of Mounting Lifting Equipment in South Africa (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 4.3 | 2.4 | 4.2 | 4.5 | 1.5% |
Austria | 2.9 | 2.5 | 3.6 | 4.5 | 15.8% |
Poland | 1.2 | 1.2 | 2.2 | 3.6 | 44.2% |
United States | 0.9 | 0.3 | 0.6 | 1.3 | 13.0% |
Germany | 0.5 | 0.2 | 0.1 | 0.6 | 6.3% |
China | 0.6 | 1.0 | 0.3 | 0.3 | -20.6% |
Netherlands | 0.1 | 0.3 | 1.0 | 0.2 | 26.0% |
Canada | 0.1 | N/A | 0.3 | 0.1 | 0.0% |
Belgium | 0.1 | N/A | 0.2 | 0.1 | 0.0% |
Serbia | N/A | N/A | N/A | N/A | 0% |
Singapore | N/A | N/A | N/A | N/A | 0% |
Others | 1.9 | 1.3 | 2.1 | 3.0 | 16.4% |
Total | 12.7 | 9.3 | 14.5 | 18.3 | 12.9% |
Top Suppliers of Mounting Lifting Equipment to South Africa in 2022:
- Poland (177.0 units)
- Italy (138.0 units)
- China (99.0 units)
- Austria (85.0 units)
- United States (47.0 units)
- Netherlands (12.0 units)
- Germany (12.0 units)
- Canada (10.0 units)
- Belgium (10.0 units)
Mounting Lifting Equipment Exports in South Africa
In 2022, approx. 44 units of lifting equipment designed for mounting on road vehicles were exported from South Africa; declining by -34.3% compared with the year before. In general, exports showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 16% against the previous year. As a result, the exports attained the peak of 67 units, and then shrank remarkably in the following year.
In value terms, mounting lifting equipment exports reduced markedly to $506K in 2022. Over the period under review, exports continue to indicate a precipitous descent. The growth pace was the most rapid in 2021 with an increase of 15%. Over the period under review, the exports hit record highs at $1.5M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Mounting Lifting Equipment in South Africa (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Botswana | 145 | 0.6 | 80.5 | 180 | 7.5% |
Nigeria | N/A | N/A | 25.7 | 83.2 | 223.7% |
Mauritius | N/A | N/A | N/A | 64.5 | 0% |
Namibia | 20.4 | 181 | 253 | 61.2 | 44.2% |
Indonesia | N/A | N/A | N/A | 55.2 | 0% |
United States | N/A | N/A | N/A | 39.3 | 0% |
United Arab Emirates | N/A | N/A | N/A | 7.4 | 0% |
Angola | N/A | N/A | N/A | 4.4 | 0% |
Mozambique | 419 | 55.6 | 14.3 | N/A | -81.5% |
Uganda | 333 | N/A | N/A | N/A | 0% |
Sweden | N/A | 0.6 | N/A | N/A | 0% |
Democratic Republic of the Congo | 480 | N/A | N/A | N/A | 0% |
Netherlands | N/A | 144 | 32.5 | N/A | -77.4% |
Others | 67.9 | 231 | 297 | 10.8 | -45.8% |
Total | 1,464 | 612 | 703 | 506 | -29.8% |
Top Export Markets for Mounting Lifting Equipment from South Africa in 2022:
- Nigeria (15.0 units)
- Botswana (10.0 units)
- Mauritius (5.0 units)
- United Arab Emirates (5.0 units)
- Indonesia (3.0 units)
- United States (2.0 units)
- Namibia (2.0 units)
- Angola (1.0 units)
This report provides an in-depth analysis of the vehicle-mounted lifting equipment 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 28221460 - Lifting equipment designed for mounting on road vehicles
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
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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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