South Africa - Toothed Wheels, Chain Sprockets and Other Transmission Elements - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Toothed Wheels, Chain Sprockets and Other Transmission Elements in South Africa - 2023
Contents:
- Price for Toothed Wheels, Chain Sprockets and Other Transmission Elements in South Africa (CIF) - 2022
- Price for Toothed Wheels, Chain Sprockets and Other Transmission Elements in South Africa (FOB) - 2023
- Imports of Toothed Wheels, Chain Sprockets and Other Transmission Elements in South Africa
- Exports of Toothed Wheels, Chain Sprockets and Other Transmission Elements in South Africa
Price for Toothed Wheels, Chain Sprockets and Other Transmission Elements in South Africa (CIF) - 2022
The average import price for toothed wheels, chain sprockets and other transmission elements stood at $12,013 per ton in 2022, reducing by -4.8% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 33% against the previous year. Over the period under review, average import prices attained the peak figure at $14,293 per ton in 2014; however, from 2015 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 the United States ($25,089 per ton), while the price for China ($5,284 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Toothed Wheels, Chain Sprockets and Other Transmission Elements in South Africa (FOB) - 2023
In November 2023, the average export price for toothed wheels, chain sprockets and other transmission elements amounted to $21,266 per ton, waning by -5.9% against the previous month. Over the period under review, export price indicated a mild expansion from November 2022 to November 2023: its price increased at an average monthly rate of +1.8% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, export price for toothed wheels, chain sprockets and other transmission elements increased by +40.3% against September 2023 indices. The most prominent rate of growth was recorded in May 2023 when the average export price increased by 62% against the previous month. As a result, the export price reached the peak level of $29,991 per ton. From June 2023 to November 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Mozambique ($27,802 per ton), while the average price for exports to Swaziland ($7,386 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Namibia (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Toothed Wheels, Chain Sprockets and Other Transmission Elements in South Africa
In 2022, the amount of toothed wheels, chain sprockets and other transmission elements imported into South Africa skyrocketed to 9.5K tons, rising by 28% against the previous year. In general, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +11.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.3% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of toothed wheels, chain sprockets and other transmission elements skyrocketed to $114M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +10.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 27% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
| Import of Toothed Wheels, Chain Sprockets and Other Transmission Elements in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 19.9 | 15.5 | 17.5 | 22.2 | 3.7% |
| China | 11.5 | 10.2 | 14.9 | 21.3 | 22.8% |
| Germany | 18.5 | 16.9 | 20.3 | 20.9 | 4.1% |
| Italy | 7.5 | 6.1 | 9.1 | 11.8 | 16.3% |
| United Kingdom | 2.3 | 2.7 | 4.0 | 4.9 | 28.7% |
| Slovakia | 3.3 | 3.0 | 3.5 | 3.3 | 0.0% |
| Finland | 0.6 | 1.1 | 1.7 | 2.3 | 56.5% |
| France | 1.9 | 1.4 | 2.4 | 2.1 | 3.4% |
| Turkey | 1.4 | 1.2 | 1.6 | 1.9 | 10.7% |
| India | 1.0 | 1.2 | 1.5 | 1.5 | 14.5% |
| South Korea | 0.8 | 0.8 | 1.3 | 1.5 | 23.3% |
| Others | 16.2 | 13.6 | 15.7 | 20.3 | 7.8% |
| Total | 84.9 | 73.6 | 93.6 | 114 | 10.3% |
Top Suppliers of Toothed Wheels, Chain Sprockets and Other Transmission Elements to South Africa in 2022:
- China (4028.2 tons)
- Germany (1267.5 tons)
- United States (885.1 tons)
- Italy (870.2 tons)
- United Kingdom (365.1 tons)
- Turkey (351.4 tons)
- Slovakia (289.5 tons)
- Finland (189.7 tons)
- South Korea (141.8 tons)
- France (138.9 tons)
- India (128.9 tons)
Exports of Toothed Wheels, Chain Sprockets and Other Transmission Elements in South Africa
In 2022, overseas shipments of toothed wheels, chain sprockets and other transmission elements decreased by -18% to 1.8K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +5.6% 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 2021 with an increase of 25% against the previous year. As a result, the exports attained the peak of 2.2K tons, and then declined rapidly in the following year.
In value terms, exports of toothed wheels, chain sprockets and other transmission elements contracted to $33M in 2022. The total export value increased at an average annual rate of +8.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 23% against the previous year.
| Export of Toothed Wheels, Chain Sprockets and Other Transmission Elements in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Namibia | 3.0 | 2.4 | 4.0 | 4.7 | 16.1% |
| Zambia | 3.7 | 3.4 | 4.4 | 4.2 | 4.3% |
| Democratic Republic of the Congo | 2.9 | 2.6 | 3.2 | 3.9 | 10.4% |
| Mozambique | 2.3 | 3.3 | 2.8 | 3.6 | 16.1% |
| United States | 2.0 | 1.6 | 2.0 | 2.5 | 7.7% |
| Zimbabwe | 3.0 | 10.2 | 3.3 | 2.3 | -8.5% |
| Botswana | 1.9 | 1.3 | 1.1 | 1.5 | -7.6% |
| Belgium | 0.5 | 0.4 | 0.8 | 0.9 | 21.6% |
| Tanzania | 0.5 | 0.4 | 0.6 | 0.8 | 17.0% |
| Angola | 0.6 | 0.4 | 0.6 | 0.7 | 5.3% |
| Swaziland | 0.4 | 0.4 | 0.6 | 0.5 | 7.7% |
| Lesotho | 0.6 | 0.3 | 0.3 | 0.3 | -20.6% |
| India | 0.3 | N/A | 0.3 | 0.1 | -30.7% |
| Others | 4.5 | 5.3 | 11.9 | 6.9 | 15.3% |
| Total | 26.1 | 32.1 | 35.9 | 33.0 | 8.1% |
Top Export Markets for Toothed Wheels, Chain Sprockets and Other Transmission Elements from South Africa in 2022:
- Namibia (286.3 tons)
- Zambia (195.7 tons)
- Mozambique (152.2 tons)
- Democratic Republic of the Congo (148.7 tons)
- Zimbabwe (123.1 tons)
- Swaziland (115.1 tons)
- United States (99.5 tons)
- Botswana (93.6 tons)
- Angola (64.6 tons)
- Belgium (50.7 tons)
- India (38.8 tons)
- Tanzania (38.1 tons)
- Lesotho (27.1 tons)
This report provides an in-depth analysis of the market for toothed wheels, chain sprockets and other transmission elements in South Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28153930 - Parts of bearing housings
- Prodcom 28153950 - Parts of transmission, cam and crankshafts, cranks, plain shaft bearings, gears, ball/roller screws, gearboxes, torque converters, flywheels, pulleys, clutches, shaft couplings, u niversal joints
Country coverage:
- South Africa
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in South Africa
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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