Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in South Africa - 2024
Contents:
- Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in South Africa (CIF) - 2022
- Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in South Africa (FOB) - 2022
- Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in South Africa
- Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in South Africa
Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in South Africa (CIF) - 2022
The average import price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) stood at $1,290 per unit in 2022, which is down by -48.1% against the previous year. In general, the import price showed a deep setback. The most prominent rate of growth was recorded in 2016 when the average import price increased by 101%. Over the period under review, average import prices hit record highs at $3,790 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($18,499 per unit), while the price for India ($254 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Botswana (+20.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in South Africa (FOB) - 2022
The average export price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) stood at $2,878 per unit in 2022, surging by 3.3% against the previous year. Over the period under review, the export price showed a resilient increase. The pace of growth appeared the most rapid in 2017 an increase of 112% against the previous year. Over the period under review, the average export prices hit record highs at $3,390 per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Botswana ($5,453 per unit), while the average price for exports to Swaziland ($337 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 Democratic Republic of the Congo (+18.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in South Africa
Imports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) into South Africa skyrocketed to 221K units in 2022, picking up by 150% against the previous year. Over the period under review, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) surged to $285M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +10.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.5% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in South Africa (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 21.3 | 22.8 | 33.0 | 69.1 | 48.0% |
Germany | 25.6 | 21.6 | 32.5 | 41.1 | 17.1% |
India | 22.8 | 16.8 | 24.3 | 37.2 | 17.7% |
United Kingdom | 19.2 | 19.9 | 27.4 | 36.2 | 23.5% |
United States | 41.9 | 35.2 | 33.5 | 35.2 | -5.6% |
Japan | 9.2 | 4.9 | 6.3 | 11.0 | 6.1% |
Italy | 3.8 | 4.1 | 3.1 | 4.8 | 8.1% |
United Arab Emirates | 2.1 | 3.4 | 3.6 | 4.7 | 30.8% |
South Korea | 9.0 | 7.1 | 9.9 | 4.0 | -23.7% |
Others | 55.0 | 40.5 | 46.1 | 41.5 | -9.0% |
Total | 210 | 176 | 220 | 285 | 10.7% |
Top Suppliers of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) to South Africa in 2022:
- India (146.7K units)
- China (36.9K units)
- United Kingdom (7.8K units)
- Germany (7.7K units)
- United Arab Emirates (4.2K units)
- Japan (3.8K units)
- Italy (2.0K units)
- South Korea (2.0K units)
- United States (1.9K units)
Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in South Africa
In 2022, overseas shipments of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) decreased by -20% to 40K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports saw a perceptible downturn. The pace of growth was the most pronounced in 2020 when exports increased by 13%. The exports peaked at 50K units in 2021, and then fell significantly in the following year.
In value terms, exports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) contracted markedly to $116M in 2022. In general, exports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 13%. The exports peaked at $142M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
Export of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in South Africa (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Zambia | 14.4 | 14.6 | 22.3 | 30.7 | 28.7% |
Mozambique | 7.6 | 4.3 | 11.7 | 14.7 | 24.6% |
Botswana | 6.4 | 5.9 | 13.9 | 10.6 | 18.3% |
Democratic Republic of the Congo | 9.9 | 6.6 | 8.1 | 10.4 | 1.7% |
Turkey | 21.9 | 14.1 | 17.5 | 9.4 | -24.6% |
Germany | 15.6 | 16.0 | 22.5 | 8.2 | -19.3% |
Namibia | 8.7 | 4.6 | 7.5 | 5.8 | -12.6% |
Uruguay | N/A | N/A | 2.9 | 5.2 | 79.3% |
Zimbabwe | 2.6 | 4.1 | 2.7 | 2.9 | 3.7% |
United States | 8.5 | 8.1 | 2.1 | 2.0 | -38.3% |
Swaziland | 1.0 | 0.6 | 0.6 | 0.7 | -11.2% |
Russia | 34.8 | 33.6 | 14.2 | N/A | -36.1% |
Others | 10.8 | 11.4 | 14.0 | 15.1 | 11.8% |
Total | 142 | 124 | 140 | 116 | -6.5% |
Top Export Markets for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) from South Africa in 2022:
- Zambia (9.3K units)
- Germany (5.5K units)
- Turkey (4.4K units)
- Mozambique (3.6K units)
- Namibia (2.9K units)
- Uruguay (2.6K units)
- Democratic Republic of the Congo (2.5K units)
- Swaziland (2.2K units)
- Botswana (1.9K units)
- Zimbabwe (1.8K units)
- United States (0.5K units)
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