Price for Machinery; Parts of the Machinery of Heading No. 8425 in South Africa - 2024
Contents:
- Price for Machinery; Parts of the Machinery of Heading No. 8425 in South Africa (CIF) - 2022
- Price for Machinery; Parts of the Machinery of Heading No. 8425 in South Africa (FOB) - 2022
- Imports of Machinery; Parts of the Machinery of Heading No. 8425 in South Africa
- Exports of Machinery; Parts of the Machinery of Heading No. 8425 in South Africa
Price for Machinery; Parts of the Machinery of Heading No. 8425 in South Africa (CIF) - 2022
The average import price for machinery; parts of the machinery of heading no. 8425 stood at $2,982 per ton in 2022, with an increase of 9.2% against the previous year. Over the period under review, the import price, however, saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2020 an increase of 18% against the previous year. The import price peaked at $4,912 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($18,552 per ton), while the price for China ($2,220 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Machinery; Parts of the Machinery of Heading No. 8425 in South Africa (FOB) - 2022
The average export price for machinery; parts of the machinery of heading no. 8425 stood at $11,393 per ton in 2022, picking up by 57% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. Over the period under review, the average export prices attained the maximum at $11,617 per ton 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 the Netherlands ($39,957 per ton), while the average price for exports to Lesotho ($5,034 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 Chile (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Machinery; Parts of the Machinery of Heading No. 8425 in South Africa
Imports of machinery; parts of the machinery of heading no. 8425 into South Africa surged to 6K tons in 2022, increasing by 35% on the previous year's figure. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 54%.
In value terms, imports of machinery; parts of the machinery of heading no. 8425 soared to $18M in 2022. In general, imports, however, recorded a noticeable decrease.
| Import of Machinery; Parts of the Machinery of Heading No. 8425 in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 9.1 | 4.1 | 7.9 | 12.4 | 10.9% |
| Bulgaria | 0.8 | 0.3 | 0.1 | 0.4 | -20.6% |
| Others | 10.8 | 7.0 | 4.1 | 5.1 | -22.1% |
| Total | 20.6 | 11.4 | 12.1 | 17.9 | -4.6% |
Top Suppliers of Machinery; Parts of the Machinery of Heading No. 8425 to South Africa in 2022:
- China (5.6K tons)
Exports of Machinery; Parts of the Machinery of Heading No. 8425 in South Africa
In 2022, the amount of machinery; parts of the machinery of heading no. 8425 exported from South Africa fell rapidly to 655 tons, declining by -34.6% against the previous year's figure. Overall, exports showed a abrupt downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 49%. As a result, the exports reached the peak of 1K tons, and then declined markedly in the following year.
In value terms, exports of machinery; parts of the machinery of heading no. 8425 expanded to $7.5M in 2022. Over the period under review, exports continue to indicate a pronounced slump. The pace of growth appeared the most rapid in 2021 with an increase of 19%.
| Export of Machinery; Parts of the Machinery of Heading No. 8425 in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Democratic Republic of the Congo | 1,010 | 381 | 813 | 911 | -3.4% |
| Angola | 50.4 | 11.8 | 117 | 712 | 141.7% |
| United States | 89.0 | 187 | 378 | 683 | 97.2% |
| Netherlands | 89.8 | 0.3 | 24.2 | 520 | 79.6% |
| Botswana | 548 | 495 | 585 | 510 | -2.4% |
| Zambia | 899 | 589 | 781 | 500 | -17.8% |
| Lesotho | 1,087 | 321 | 544 | 405 | -28.0% |
| Australia | 1,648 | 229 | 173 | 340 | -40.9% |
| Zimbabwe | 259 | 325 | 577 | 279 | 2.5% |
| Namibia | 1,009 | 343 | 382 | 249 | -37.3% |
| Mozambique | 326 | 388 | 344 | 231 | -10.8% |
| Swaziland | 84.3 | 83.9 | 136 | 173 | 27.1% |
| Saudi Arabia | 5.1 | 3.7 | 958 | 30.8 | 82.1% |
| Others | 1,194 | 2,790 | 1,472 | 1,919 | 17.1% |
| Total | 8,299 | 6,147 | 7,286 | 7,461 | -3.5% |
Top Export Markets for Machinery; Parts of the Machinery of Heading No. 8425 from South Africa in 2022:
- Democratic Republic of the Congo (92.5 tons)
- Lesotho (80.4 tons)
- Angola (78.0 tons)
- Botswana (64.1 tons)
- United States (52.3 tons)
- Zambia (45.1 tons)
- Namibia (33.3 tons)
- Swaziland (29.1 tons)
- Mozambique (25.2 tons)
- Australia (23.4 tons)
- Zimbabwe (16.8 tons)
- Netherlands (13.0 tons)
- Saudi Arabia (3.7 tons)
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