Price for Tools, Hand; Chain Saw Blades in South Africa - 2023

Contents:

  1. Price for Tools, Hand; Chain Saw Blades in South Africa (CIF) - 2023
  2. Price for Tools, Hand; Chain Saw Blades in South Africa (FOB) - 2022
  3. Imports of Tools, Hand; Chain Saw Blades in South Africa
  4. Exports of Tools, Hand; Chain Saw Blades in South Africa

Price for Tools, Hand; Chain Saw Blades in South Africa (CIF) - 2023

In July 2023, the average import price for tools, hand; chain saw bladeses amounted to $27,068 per ton, rising by 38% against the previous month. Overall, import price indicated a modest increase from July 2022 to July 2023: its price increased at an average monthly rate of +1.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, tools, hand; chain saw blades import price increased by +142.7% against April 2023 indices. The most prominent rate of growth was recorded in May 2023 an increase of 123% month-to-month. Over the period under review, average import prices reached the maximum in July 2023.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was the United States ($161K per ton), while the price for China ($12,007 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the United States (+17.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Tools, Hand; Chain Saw Blades in South Africa (FOB) - 2022

In 2022, the average export price for tools, hand; chain saw bladeses amounted to $17,232 per ton, growing by 13% against the previous year. In general, the export price, however, saw a mild contraction. The most prominent rate of growth was recorded in 2018 an increase of 27% against the previous year. As a result, the export price attained the peak level of $19,522 per ton. From 2019 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 Kenya ($23,560 per ton), while the average price for exports to Botswana ($4,633 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 (+8.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tools, Hand; Chain Saw Blades in South Africa

In 2022, after three years of growth, there was significant decline in overseas purchases of tools, hand; chain saw bladeses, when their volume decreased by -19.7% to 216 tons. The total import volume increased at an average annual rate of +6.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 37% against the previous year.

In value terms, tools, hand; chain saw blades imports contracted notably to $4.4M in 2022. Overall, total imports indicated a mild expansion from 2019 to 2022: its value increased at an average annual rate of +1.9% 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 decreased by -25.0% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 41%. As a result, imports attained the peak of $5.8M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Tools, Hand; Chain Saw Blades in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland2,3863,1093,3212,7204.5%
Sweden32.01,420935756186.9%
China21327330142125.5%
United States492263371272-17.9%
Brazil33156034591.6-34.8%
Canada63915338048.9-57.5%
Others18.725.732.444.933.9%
Total4,1125,8035,6854,3541.9%

Top Suppliers of Tools, Hand; Chain Saw Blades to South Africa in 2022:

  1. Switzerland (117.8 tons)
  2. Sweden (38.0 tons)
  3. China (36.5 tons)
  4. United States (14.5 tons)
  5. Brazil (4.6 tons)
  6. Canada (2.3 tons)

Exports of Tools, Hand; Chain Saw Blades in South Africa

In 2022, shipments abroad of tools, hand; chain saw bladeses decreased by -38.6% to 37 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 94%. As a result, the exports attained the peak of 73 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, tools, hand; chain saw blades exports shrank remarkably to $636K in 2022. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 44% against the previous year. As a result, the exports attained the peak of $925K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Tools, Hand; Chain Saw Blades in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Zambia41.313920512544.7%
Gambia202N/A143123-15.2%
Zimbabwe19816696.088.7-23.5%
Namibia14.39.143.368.268.3%
Mozambique24.233.973.656.832.9%
Swaziland43.734.887.551.65.7%
Botswana25.030.146.225.91.2%
Lesotho4.41.81.912.039.7%
Uganda33.2128N/AN/A285.5%
Others57.838322185.013.7%
Total644925918636-0.4%

Top Export Markets for Tools, Hand; Chain Saw Blades from South Africa in 2022:

  1. Zambia (6.9 tons)
  2. Gambia (5.7 tons)
  3. Botswana (5.6 tons)
  4. Zimbabwe (5.0 tons)
  5. Namibia (3.2 tons)
  6. Mozambique (2.7 tons)
  7. Swaziland (2.2 tons)
  8. Lesotho (2.1 tons)

Source: IndexBox Market Intelligence Platform

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