Price for Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in South Africa - 2024

Contents:

1. Price for Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in South Africa (FOB) - 2022
2. Price for Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in South Africa (CIF) - 2022
3. Exports of Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in South Africa
4. Imports of Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in South Africa

Price for Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in South Africa (FOB) - 2022

In 2022, the average export price for floating structures; tanks, coffer-dams, landing stages, buoys and beaconses amounted to $116 per unit, with a decrease of -42.9% against the previous year. Over the period under review, the export price continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2020 when the average export price increased by 33%. Over the period under review, the average export prices reached the maximum at $411 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Nigeria ($245 per unit), while the average price for exports to the United States ($13 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 Papua New Guinea (+266.4%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in South Africa (CIF) - 2022

In 2022, the average import price for floating structures; tanks, coffer-dams, landing stages, buoys and beaconses amounted to $54 per unit, with a decrease of -53% against the previous year. Over the period under review, the import price recorded a perceptible curtailment. The pace of growth appeared the most rapid in 2013 when the average import price increased by 207%. As a result, import price reached the peak level of $211 per unit. From 2014 to 2022, the average import prices failed to regain momentum.

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 ($444 per unit), while the price for China ($14 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+16.9%), while the prices for the other major suppliers experienced a decline.

Exports of Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in South Africa

Exports of floating structures; tanks, coffer-dams, landing stages, buoys and beaconses from South Africa surged to 47K units in 2022, picking up by 337% compared with the previous year. In general, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of floating structures; tanks, coffer-dams, landing stages, buoys and beaconses skyrocketed to $5.5M in 2022. Over the period under review, exports showed a strong expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons from South Africa in 2022:

1. Egypt (21.7K units)
2. Democratic Republic of the Congo (10.6K units)
3. United States (5.9K units)
4. Namibia (2.4K units)
5. Guinea (1.5K units)
6. Angola (0.9K units)
7. Nigeria (0.8K units)
8. Mozambique (0.4K units)
9. Botswana (0.4K units)

Imports of Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in South Africa

After two years of decline, overseas purchases of floating structures; tanks, coffer-dams, landing stages, buoys and beaconses increased by 80% to 27K units in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +6.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of floating structures; tanks, coffer-dams, landing stages, buoys and beaconses declined notably to $1.5M in 2022. Over the period under review, imports, however, recorded a dramatic shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by 33% against the previous year. Imports peaked at $3.3M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Top Suppliers of Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons to South Africa in 2022:

1. China (5.2K units)
2. Canada (4.1K units)
3. Austria (3.9K units)
4. Norway (1.0K units)
5. Germany (0.6K units)
6. United States (0.5K units)

Source: IndexBox Market Intelligence Platform