Price for Chain; Articulated Link, Roller, of Iron or Steel in South Africa - 2023
Contents:
- Price for Chain; Articulated Link, Roller, of Iron or Steel in South Africa (CIF) - 2022
- Price for Chain; Articulated Link, Roller, of Iron or Steel in South Africa (FOB) - 2022
- Imports of Chain; Articulated Link, Roller, of Iron or Steel in South Africa
- Exports of Chain; Articulated Link, Roller, of Iron or Steel in South Africa
Price for Chain; Articulated Link, Roller, of Iron or Steel in South Africa (CIF) - 2022
The average import price for chain; articulated link, roller, of iron or steel stood at $8,150 per ton in 2022, waning by -9.9% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average import price increased by 17%. Over the period under review, average import prices attained the peak figure at $9,617 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat 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 Germany ($31,145 per ton), while the price for China ($4,370 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Chain; Articulated Link, Roller, of Iron or Steel in South Africa (FOB) - 2022
In 2022, the average export price for chain; articulated link, roller, of iron or steel amounted to $9,528 per ton, reducing by -2.5% against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2021 an increase of 40%. As a result, the export price attained the peak level of $9,769 per ton, and then fell in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Namibia ($26,610 per ton), while the average price for exports to Indonesia ($4,882 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 Namibia (+13.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Chain; Articulated Link, Roller, of Iron or Steel in South Africa
In 2022, approx. 1.9K tons of chain; articulated link, roller, of iron or steel were imported into South Africa; growing by 44% compared with the previous year. In general, imports recorded a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of chain; articulated link, roller, of iron or steel surged to $15M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +9.8% 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 +75.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 34%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Chain; Articulated Link, Roller, of Iron or Steel in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.6 | 1.9 | 3.1 | 5.1 | 25.2% |
| United States | 3.7 | 2.6 | 2.3 | 3.4 | -2.8% |
| Japan | 1.7 | 0.9 | 1.9 | 2.3 | 10.6% |
| Germany | 1.2 | 1.1 | 1.3 | 1.9 | 16.6% |
| Taiwan (Chinese) | 0.4 | 0.3 | 0.5 | 0.5 | 7.7% |
| Italy | 0.2 | 0.3 | 0.3 | 0.4 | 26.0% |
| Netherlands | 0.5 | 0.3 | 0.6 | 0.3 | -15.7% |
| India | N/A | 0.1 | 0.1 | 0.3 | 73.2% |
| Others | 1.1 | 1.3 | 1.5 | 1.1 | 0.0% |
| Total | 11.5 | 8.7 | 11.7 | 15.2 | 9.7% |
Top Suppliers of Chain; Articulated Link, Roller, of Iron or Steel to South Africa in 2022:
- China (1166.6 tons)
- United States (246.0 tons)
- Japan (206.4 tons)
- Germany (61.9 tons)
- India (55.1 tons)
- Taiwan (Chinese) (21.4 tons)
- Netherlands (19.8 tons)
- Italy (19.7 tons)
Exports of Chain; Articulated Link, Roller, of Iron or Steel in South Africa
In 2022, after two years of decline, there was significant growth in overseas shipments of chain; articulated link, roller, of iron or steel, when their volume increased by 21% to 422 tons. Over the period under review, exports, however, saw a drastic downturn.
In value terms, exports of chain; articulated link, roller, of iron or steel soared to $4M in 2022. The total export value increased at an average annual rate of +5.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 19%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see steady growth in years to come.
| Export of Chain; Articulated Link, Roller, of Iron or Steel in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Zambia | 630 | 576 | 722 | 977 | 15.7% |
| Swaziland | 431 | 659 | 669 | 509 | 5.7% |
| Indonesia | N/A | N/A | 1.3 | 425 | 32592.3% |
| Malawi | 437 | 340 | 405 | 390 | -3.7% |
| Tanzania | 341 | 333 | 362 | 349 | 0.8% |
| Zimbabwe | 378 | 211 | 179 | 323 | -5.1% |
| Australia | 144 | 0.5 | 45.9 | 286 | 25.7% |
| Namibia | 102 | 79.8 | 122 | 94.8 | -2.4% |
| Mozambique | 252 | 168 | 388 | 61.8 | -37.4% |
| Malaysia | N/A | 50.9 | 0.4 | N/A | -99.2% |
| Others | 724 | 440 | 517 | 604 | -5.9% |
| Total | 3,439 | 2,858 | 3,410 | 4,020 | 5.3% |
Top Export Markets for Chain; Articulated Link, Roller, of Iron or Steel from South Africa in 2022:
- Indonesia (87.1 tons)
- Zambia (80.6 tons)
- Swaziland (62.7 tons)
- Malawi (39.9 tons)
- Tanzania (38.8 tons)
- Australia (29.2 tons)
- Zimbabwe (23.9 tons)
- Mozambique (6.7 tons)
- Namibia (3.6 tons)
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