Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in South Africa - 2024

Contents:

1. Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in South Africa (CIF) - 2022
2. Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in South Africa (FOB) - 2022
3. Imports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in South Africa
4. Exports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in South Africa

Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in South Africa (CIF) - 2022

The average import price for machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses stood at $2,231 per unit in 2022, growing by 97% against the previous year. In general, the import price continues to indicate a resilient expansion. The growth pace was the most rapid in 2016 when the average import price increased by 216% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the near future.

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 Spain ($2,844 per unit), while the price for the UK ($62 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in South Africa (FOB) - 2022

The average export price for machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses stood at $513 per unit in 2022, shrinking by -91.8% against the previous year. In general, the export price saw a abrupt descent. The most prominent rate of growth was recorded in 2021 when the average export price increased by 801% against the previous year. As a result, the export price attained the peak level of $6,236 per unit, and then shrank remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Namibia ($1,964 per unit), while the average price for exports to Germany ($8.6 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 Mozambique (+59.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in South Africa

In 2022, approx. 603 units of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses were imported into South Africa; with an increase of 284% against the previous year's figure. Overall, imports, however, recorded a mild slump. Over the period under review, imports of attained the peak figure at 814 units in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, imports of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses soared to $1.3M in 2022. Over the period under review, imports recorded prominent growth. Over the period under review, imports of reached the peak figure at $1.5M in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Top Suppliers of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices to South Africa in 2022:

1. Spain (377.0 units)
2. Germany (88.0 units)
3. Belgium (86.0 units)
4. Netherlands (21.0 units)
5. India (13.0 units)
6. China (11.0 units)
7. Italy (2.0 units)

Exports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in South Africa

Exports of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses from South Africa skyrocketed to 50 units in 2022, picking up by 900% against 2021. Overall, 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 machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses contracted notably to $26K in 2022. Over the period under review, exports posted prominent growth. The most prominent rate of growth was recorded in 2021 when exports increased by 4,405% against the previous year. As a result, the exports attained the peak of $31K, and then fell significantly in the following year.

Top Export Markets for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices from South Africa in 2022:

1. Mauritius (21.0 units)
2. Mozambique (14.0 units)
3. Germany (7.0 units)
4. Zimbabwe (3.0 units)
5. Ghana (2.0 units)
6. Namibia (2.0 units)
7. Lesotho (1.0 units)

Source: IndexBox Market Intelligence Platform