South Africa - Non-Self-Propelled Fork-Lift Trucks - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNon-Self-Propelled Fork-Lift Truck Price in South Africa - 2023
Contents:
- Non-Self-Propelled Fork-Lift Truck Price in South Africa (CIF) - 2023
- Non-Self-Propelled Fork-Lift Truck Price in South Africa (FOB) - 2022
- Non-Self-Propelled Fork-Lift Truck Imports in South Africa
- Non-Self-Propelled Fork-Lift Truck Exports in South Africa
Non-Self-Propelled Fork-Lift Truck Price in South Africa (CIF) - 2023
In September 2023, the average non-self-propelled fork-lift truck import price amounted to $395 per unit, declining by -19.7% against the previous month. Overall, the import price recorded a abrupt decline. The most prominent rate of growth was recorded in March 2023 an increase of 337% against the previous month. The import price peaked at $3,092 per unit in October 2022; however, from November 2022 to September 2023, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From September 2022 to September 2023, the rate of growth in terms of prices for Sweden amounted to +32.6% per month.
Non-Self-Propelled Fork-Lift Truck Price in South Africa (FOB) - 2022
The average non-self-propelled fork-lift truck export price stood at $3,883 per unit in 2022, with an increase of 635% against the previous year. Over the period under review, the export price saw a strong increase. The export price peaked at $4,238 per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($2,819 per unit), while the average price for exports to Uganda ($60 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 Lesotho (+5.9%), while the prices for the other major destinations experienced a decline.
Non-Self-Propelled Fork-Lift Truck Imports in South Africa
In 2022, approx. 42K units of non-self-propelled fork-lift trucks were imported into South Africa; increasing by 9.4% compared with the year before. In general, imports enjoyed significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 174%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, non-self-propelled fork-lift truck imports surged to $15M in 2022. Over the period under review, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Non-Self-Propelled Fork-Lift Truck in South Africa (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 2.5 | 3.7 | 2.9 | 5.9 | 33.1% |
China | 3.1 | 3.3 | 5.5 | 4.6 | 14.1% |
India | N/A | 0.2 | 0.7 | 3.5 | 318.3% |
Others | 1.9 | 1.2 | 1.4 | 0.9 | -22.0% |
Total | 7.7 | 8.4 | 10.5 | 14.8 | 24.3% |
Top Suppliers of Non-Self-Propelled Fork-Lift Truck to South Africa in 2022:
- China (34.5K units)
- Italy (3.7K units)
- India (3.1K units)
Non-Self-Propelled Fork-Lift Truck Exports in South Africa
In 2022, shipments abroad of non-self-propelled fork-lift trucks decreased by -85.2% to 2.1K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports saw a deep slump. The pace of growth appeared the most rapid in 2021 with an increase of 153% against the previous year. As a result, the exports reached the peak of 14K units, and then contracted notably in the following year.
In value terms, non-self-propelled fork-lift truck exports rose markedly to $8.3M in 2022. In general, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +14.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +48.9% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 19% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
Export of Non-Self-Propelled Fork-Lift Truck in South Africa (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Namibia | 559 | 336 | 516 | 1,065 | 24.0% |
Democratic Republic of the Congo | 470 | 339 | 578 | 1,012 | 29.1% |
Zimbabwe | 1,229 | 2,289 | 1,275 | 868 | -10.9% |
Botswana | 383 | 602 | 779 | 771 | 26.3% |
Zambia | 965 | 401 | 895 | 643 | -12.7% |
Lesotho | 324 | 456 | 179 | 292 | -3.4% |
Angola | 177 | 87.3 | 53.5 | 218 | 7.2% |
Uganda | N/A | 0.2 | N/A | 164 | 2763.6% |
Madagascar | 73.0 | 0.8 | 2.4 | 12.8 | -44.0% |
Others | 1,419 | 1,912 | 3,371 | 3,291 | 32.4% |
Total | 5,599 | 6,423 | 7,650 | 8,338 | 14.2% |
Top Export Markets for Non-Self-Propelled Fork-Lift Truck from South Africa in 2022:
- Botswana (10.1K units)
- Uganda (2.7K units)
- Angola (0.8K units)
- Namibia (0.8K units)
- Zambia (0.6K units)
- Democratic Republic of the Congo (0.4K units)
- Zimbabwe (0.4K units)
- Lesotho (0.3K units)
- Madagascar (0.2K units)
This report provides an in-depth analysis of the non-self-propelled fork-lift truck 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 28221550 - Fork-lift trucks and other works trucks fitted with lifting or handling equipment (excluding self-propelled trucks)
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
This report provides an in-depth analysis of the non-self-propelled fork-lift truck market in South Africa.
This report provides an in-depth analysis of the fork-lift truck market in South Africa.
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This report provides an in-depth analysis of the global non-self-propelled fork-lift truck market.
This report provides an in-depth analysis of the global fork-lift truck market.
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This report provides an in-depth analysis of the non-self-propelled fork-lift truck market in South Africa.
This report provides an in-depth analysis of the fork-lift truck market in South Africa.
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