Price for Liquid Elevators; Parts Thereof in South Africa - 2023

Contents:

1. Price for Liquid Elevators; Parts Thereof in South Africa (FOB) - 2022
2. Price for Liquid Elevators; Parts Thereof in South Africa (CIF) - 2022
3. Exports of Liquid Elevators; Parts Thereof in South Africa
4. Imports of Liquid Elevators; Parts Thereof in South Africa

Price for Liquid Elevators; Parts Thereof in South Africa (FOB) - 2022

The average liquid elevators; parts thereof export price stood at $13,314 per ton in 2022, reducing by -1.7% against the previous year. Over the period under review, export price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, liquid elevators; parts thereof export price increased by +13.0% against 2020 indices. The growth pace was the most rapid in 2017 an increase of 57% against the previous year. As a result, the export price reached the peak level of $23,550 per ton. From 2018 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mali ($37,466 per ton), while the average price for exports to Niger ($2,512 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 Swaziland (+13.3%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Liquid Elevators; Parts Thereof in South Africa (CIF) - 2022

In 2022, the average liquid elevators; parts thereof import price amounted to $10,487 per ton, waning by -19% against the previous year. Over the period under review, the import price saw a noticeable curtailment. The growth pace was the most rapid in 2019 when the average import price increased by 125% against the previous year. As a result, import price reached the peak level of $18,981 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($56,891 per ton), while the price for India ($4,701 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Zambia (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Liquid Elevators; Parts Thereof in South Africa

In 2022, the amount of liquid elevators; parts thereoves exported from South Africa totaled 366 tons, standing approx. at 2021 figures. Overall, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +14.0% 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 +66.8% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 66%. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, liquid elevators; parts thereof exports declined to $4.9M in 2022. Over the period under review, total exports indicated tangible growth from 2019 to 2022: its value increased at an average annual rate of +4.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +88.4% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 90% against the previous year. As a result, the exports reached the peak of $4.9M, and then fell slightly in the following year.

Top Export Markets for Liquid Elevators; Parts Thereof from South Africa in 2022:

1. Botswana (117.2 tons)
2. Kenya (40.2 tons)
3. Democratic Republic of the Congo (34.0 tons)
4. Niger (27.9 tons)
5. Namibia (26.0 tons)
6. Zambia (19.3 tons)
7. Zimbabwe (16.2 tons)
8. Mozambique (14.2 tons)
9. Mali (13.0 tons)
10. United States (10.7 tons)
11. Angola (10.2 tons)
12. Swaziland (6.6 tons)

Imports of Liquid Elevators; Parts Thereof in South Africa

In 2022, imports of liquid elevators; parts thereoves into South Africa skyrocketed to 60 tons, rising by 134% compared with the year before. Overall, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, liquid elevators; parts thereof imports skyrocketed to $632K in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +11.9% over the last three years. 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.

Top Suppliers of Liquid Elevators; Parts Thereof to South Africa in 2022:

1. China (40.0 tons)
2. Turkey (4.5 tons)
3. Zambia (3.0 tons)
4. United States (2.5 tons)
5. Spain (1.4 tons)
6. India (1.2 tons)
7. Germany (1.0 tons)
8. Italy (0.5 tons)
9. Netherlands (0.2 tons)

Source: IndexBox Market Intelligence Platform