Price for Moulding Boxes; for Metal Foundry in South Africa - 2023

Contents:

  1. Price for Moulding Boxes; for Metal Foundry in South Africa (CIF) - 2022
  2. Price for Moulding Boxes; for Metal Foundry in South Africa (FOB) - 2022
  3. Imports of Moulding Boxes; for Metal Foundry in South Africa
  4. Exports of Moulding Boxes; for Metal Foundry in South Africa

Price for Moulding Boxes; for Metal Foundry in South Africa (CIF) - 2022

In 2022, the average import price for moulding boxes; for metal foundries amounted to $8,224 per ton, jumping by 29% against the previous year. Overall, the import price, however, continues to indicate a abrupt setback. The growth pace was the most rapid in 2015 an increase of 136% against the previous year. Over the period under review, average import prices reached the maximum at $29,072 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($23,207 per ton), while the price for Botswana ($2,644 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Botswana (+4.9%), while the prices for the other major suppliers experienced a decline.

Price for Moulding Boxes; for Metal Foundry in South Africa (FOB) - 2022

The average export price for moulding boxes; for metal foundries stood at $3,885 per ton in 2022, jumping by 49% against the previous year. In general, the export price, however, recorded a abrupt downturn. The pace of growth was the most pronounced in 2019 when the average export price increased by 131%. As a result, the export price attained the peak level of $13,242 per ton. From 2020 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Namibia ($13,338 per ton), while the average price for exports to Zimbabwe ($1,491 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 Namibia (+8.9%), while the prices for the other major destinations experienced a decline.

Imports of Moulding Boxes; for Metal Foundry in South Africa

Moulding boxes; for metal foundry imports into South Africa surged to 148 tons in 2022, increasing by 63% compared with the year before. In general, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 225% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

In value terms, moulding boxes; for metal foundry imports surged to $1.2M in 2022. Overall, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Moulding Boxes; for Metal Foundry in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany25.625.123.5575182.1%
Turkey3.7N/A41.1446394.0%
China41.215147011139.1%
BotswanaN/AN/A0.132.232100.0%
Mexico267N/A36.1N/A-63.2%
Others69.124411.156.5-6.5%
Total4074205821,22144.2%

Top Suppliers of Moulding Boxes; for Metal Foundry to South Africa in 2022:

  1. Turkey (90.5 tons)
  2. Germany (24.8 tons)
  3. China (18.8 tons)
  4. Botswana (12.2 tons)

Exports of Moulding Boxes; for Metal Foundry in South Africa

Moulding boxes; for metal foundry exports from South Africa rose rapidly to 27 tons in 2022, surging by 12% against the year before. In general, exports saw a strong increase. The pace of growth appeared the most rapid in 2021 when exports increased by 139% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, moulding boxes; for metal foundry exports soared to $105K in 2022. Over the period under review, exports, however, faced a dramatic decline.

Export of Moulding Boxes; for Metal Foundry in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/AN/AN/A32.90%
Democratic Republic of the Congo0.70.22.317.4191.8%
Namibia38.63.712.716.4-24.8%
MozambiqueN/AN/A4.810.1110.4%
Lesotho2.5N/A0.49.153.8%
Zimbabwe7.62.521.38.74.6%
Botswana3.316.26.03.0-3.1%
Swaziland1.03.76.50.4-26.3%
Germany158N/AN/AN/A0%
Others6.012.39.47.57.7%
Total21838.663.3105-21.6%

Top Export Markets for Moulding Boxes; for Metal Foundry from South Africa in 2022:

  1. United States (6.4 tons)
  2. Zimbabwe (5.8 tons)
  3. Democratic Republic of the Congo (5.1 tons)
  4. Lesotho (4.5 tons)
  5. Mozambique (2.5 tons)
  6. Namibia (1.2 tons)
  7. Botswana (0.8 tons)
  8. Swaziland (0.3 tons)

Source: IndexBox Market Intelligence Platform

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