South Africa - Hydraulic Cylinders And Systems - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Hydraulic Cylinder and System in South Africa - 2023
Contents:
- Price for Hydraulic Cylinder and System in South Africa (CIF) - 2022
- Price for Hydraulic Cylinder and System in South Africa (FOB) - 2022
- Imports of Hydraulic Cylinder and System in South Africa
- Exports of Hydraulic Cylinder and System in South Africa
Price for Hydraulic Cylinder and System in South Africa (CIF) - 2022
The average hydraulic cylinder and system import price stood at $0.1 per unit in 2022, waning by -32.1% against the previous year. Over the period under review, the import price, however, enjoyed modest growth. The pace of growth was the most pronounced in 2017 an increase of 59%. Over the period under review, average import prices hit record highs at $0.2 per unit in 2021, and then shrank markedly in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Botswana ($0.1 per unit) and Sweden ($0.1 per unit), while the price for the UK ($0.1 per unit) and Italy ($0.1 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Botswana (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Hydraulic Cylinder and System in South Africa (FOB) - 2022
The average hydraulic cylinder and system export price stood at $0.2 per unit in 2022, picking up by 8.4% against the previous year. Over the period under review, the export price saw a resilient increase. The growth pace was the most rapid in 2016 when the average export price increased by 50% against the previous year. As a result, the export price reached the peak level of $0.2 per unit. From 2017 to 2022, the average export prices failed to regain momentum.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Tanzania ($0.2 per unit) and Namibia ($0.2 per unit), while the average price for exports to Zambia ($0.2 per unit) and Mozambique ($0.2 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Botswana (+17.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Hydraulic Cylinder and System in South Africa
In 2022, hydraulic cylinder and system imports into South Africa surged to 512M units, growing by 60% on the previous year. Overall, imports continue to indicate strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, hydraulic cylinder and system imports rose sharply to $55M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +7.1% 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 +56.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 44%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
Import of Hydraulic Cylinders and Systems in South Africa (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 9.0 | 8.3 | 12.8 | 14.1 | 16.1% |
Germany | 10.0 | 8.3 | 11.1 | 9.6 | -1.4% |
China | 4.6 | 4.3 | 7.9 | 9.0 | 25.1% |
Japan | 4.2 | 1.7 | 2.6 | 4.5 | 2.3% |
Finland | 2.4 | 2.2 | 4.0 | 3.5 | 13.4% |
Italy | 2.5 | 2.2 | 2.8 | 2.4 | -1.4% |
France | 1.5 | 0.2 | 0.3 | 1.3 | -4.7% |
Sweden | 1.0 | 1.6 | 1.5 | 1.3 | 9.1% |
Canada | 0.6 | 0.8 | 0.8 | 1.2 | 26.0% |
Netherlands | 0.8 | 0.8 | 1.0 | 1.1 | 11.2% |
United Kingdom | 1.5 | 0.5 | 0.4 | 0.8 | -18.9% |
Others | 6.7 | 4.5 | 5.8 | 6.5 | -1.0% |
Total | 44.9 | 35.3 | 50.9 | 55.2 | 7.1% |
Top Suppliers of Hydraulic Cylinders and Systems to South Africa in 2022:
- United States (133.0M units)
- Germany (90.5M units)
- China (85.1M units)
- Japan (42.5M units)
- Finland (32.5M units)
- Italy (22.1M units)
- France (11.9M units)
- Sweden (11.8M units)
- Canada (11.2M units)
- Netherlands (10.4M units)
- United Kingdom (7.1M units)
Exports of Hydraulic Cylinder and System in South Africa
In 2022, approx. 137M units of hydraulic cylinders and systems were exported from South Africa; increasing by 10% against the previous year's figure. Over the period under review, total exports indicated a measured increase from 2019 to 2022: its volume increased at an average annual rate of +4.5% 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 +57.0% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 43% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, hydraulic cylinder and system exports surged to $26M in 2022. The total export value increased at an average annual rate of +5.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 26% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.
Export of Hydraulic Cylinders and Systems in South Africa (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Democratic Republic of the Congo | 3.4 | 2.4 | 4.5 | 7.1 | 27.8% |
Zambia | 3.5 | 3.2 | 2.9 | 4.1 | 5.4% |
Zimbabwe | 1.9 | 1.9 | 2.1 | 2.3 | 6.6% |
Mozambique | 3.4 | 1.8 | 2.3 | 2.0 | -16.2% |
Botswana | 1.8 | 1.5 | 3.3 | 2.0 | 3.6% |
Namibia | 2.1 | 1.5 | 2.0 | 1.8 | -5.0% |
Angola | 0.3 | 0.6 | 0.2 | 1.4 | 67.1% |
United States | 1.0 | 0.7 | 0.5 | 0.5 | -20.6% |
Belgium | 0.6 | 0.4 | 0.3 | 0.4 | -12.6% |
Germany | 1.4 | 0.9 | 0.3 | 0.3 | -40.2% |
Others | 2.4 | 2.2 | 3.3 | 3.8 | 16.6% |
Total | 21.8 | 17.2 | 21.6 | 25.7 | 5.6% |
Top Export Markets for Hydraulic Cylinders and Systems from South Africa in 2022:
- Democratic Republic of the Congo (37.9M units)
- Zambia (22.0M units)
- Zimbabwe (12.4M units)
- Botswana (10.9M units)
- Mozambique (10.8M units)
- Namibia (9.9M units)
- Angola (7.3M units)
- United States (2.7M units)
- Belgium (2.0M units)
- Germany (1.5M units)
This report provides an in-depth analysis of the market for hydraulic cylinder and system 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 28121130 - Hydraulic cylinders
- Prodcom 28121630 - Hydraulic systems (power packs with actuators)
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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