Price for Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in South Africa - 2024

Contents:

1. Price for Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in South Africa (CIF) - 2024
2. Price for Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in South Africa (FOB) - 2022
3. Imports of Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in South Africa
4. Exports of Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in South Africa

Price for Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in South Africa (CIF) - 2024

The average import price for laboratory, hygienic or pharmaceutical glassware, whether or not graduated or calibrateds stood at $6,439 per ton in January 2024, picking up by 54% against the previous month. In general, the import price, however, recorded a noticeable downturn. The growth pace was the most rapid in September 2023 when the average import price increased by 153% month-to-month. Over the period under review, average import prices hit record highs at $30,153 per ton in July 2023; however, from August 2023 to January 2024, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was the United States ($74,515 per ton), while the price for China ($1,933 per ton) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by the United States (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in South Africa (FOB) - 2022

In 2022, the average export price for laboratory, hygienic or pharmaceutical glassware, whether or not graduated or calibrateds amounted to $17,411 per ton, surging by 7.2% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average export price increased by 18%. Over the period under review, the average export prices hit record highs at $19,926 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Malawi ($28,628 per ton), while the average price for exports to Bosnia and Herzegovina ($2,369 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 Malawi (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in South Africa

Imports of laboratory, hygienic or pharmaceutical glassware, whether or not graduated or calibrateds into South Africa soared to 443 tons in 2022, increasing by 39% against the previous year. In general, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +5.4% 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 +63.1% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of laboratory, hygienic or pharmaceutical glassware, whether or not graduated or calibrateds surged to $5.9M in 2022. The total import value increased at an average annual rate of +4.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 20% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in the near future.

Top Suppliers of Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated to South Africa in 2022:

1. China (220.3 tons)
2. India (91.7 tons)
3. Germany (60.5 tons)
4. United States (36.2 tons)
5. Czech Republic (11.4 tons)

Exports of Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in South Africa

In 2022, overseas shipments of laboratory, hygienic or pharmaceutical glassware, whether or not graduated or calibrateds were finally on the rise to reach 92 tons after two years of decline. Over the period under review, exports, however, saw a perceptible descent.

In value terms, exports of laboratory, hygienic or pharmaceutical glassware, whether or not graduated or calibrateds soared to $1.6M in 2022. The total export value increased at an average annual rate of +5.7% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated from South Africa in 2022:

1. Botswana (22.5 tons)
2. Namibia (13.0 tons)
3. Democratic Republic of the Congo (8.2 tons)
4. Zambia (7.7 tons)
5. Nigeria (7.7 tons)
6. Zimbabwe (7.4 tons)
7. Bosnia and Herzegovina (5.8 tons)
8. Lesotho (4.4 tons)
9. Mozambique (3.7 tons)
10. Swaziland (1.9 tons)

Source: IndexBox Market Intelligence Platform