Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in South Africa - 2024
Contents:
- Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in South Africa (CIF) - 2022
- Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in South Africa (FOB) - 2022
- Imports of Tubes, Pipes and Hollow Profiles, of Cast Iron in South Africa
- Exports of Tubes, Pipes and Hollow Profiles, of Cast Iron in South Africa
Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in South Africa (CIF) - 2022
The average import price for tubes, pipes and hollow profiles, of cast iron stood at $996 per ton in 2022, approximately mirroring the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2021 an increase of 43% against the previous year. Over the period under review, average import prices hit record highs at $1,008 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.
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 ($1,658 per ton), while the price for India ($692 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.6%), while the prices for the other major suppliers experienced a decline.
Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in South Africa (FOB) - 2022
The average export price for tubes, pipes and hollow profiles, of cast iron stood at $1,934 per ton in 2022, with an increase of 5.7% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 66% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Zambia ($4,286 per ton), while the average price for exports to Botswana ($1,105 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 Democratic Republic of the Congo (+4.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tubes, Pipes and Hollow Profiles, of Cast Iron in South Africa
In 2022, approx. 2.7K tons of tubes, pipes and hollow profiles, of cast iron were imported into South Africa; jumping by 205% on the previous year. In general, imports, however, recorded a abrupt slump.
In value terms, imports of tubes, pipes and hollow profiles, of cast iron skyrocketed to $2.3M in 2022. Overall, imports, however, recorded a deep slump.
| Import of Tubes, Pipes and Hollow Profiles, of Cast Iron in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 1,306 | 276 | 360 | 1,507 | 4.9% |
| Spain | 1,332 | 211 | 175 | 428 | -31.5% |
| Austria | N/A | 219 | 80.1 | 329 | 22.6% |
| China | 22.0 | 1,865 | 74.4 | 12.4 | -17.4% |
| United Arab Emirates | 382 | 1,252 | N/A | N/A | 227.7% |
| Ukraine | N/A | 564 | N/A | N/A | 0% |
| Others | 364 | 207 | 70.7 | 29.4 | -56.8% |
| Total | 3,406 | 4,594 | 761 | 2,305 | -12.2% |
Top Suppliers of Tubes, Pipes and Hollow Profiles, of Cast Iron to South Africa in 2022:
- India (2176.1 tons)
- Spain (258.1 tons)
- Austria (217.6 tons)
- China (14.0 tons)
Exports of Tubes, Pipes and Hollow Profiles, of Cast Iron in South Africa
In 2022, the amount of tubes, pipes and hollow profiles, of cast iron exported from South Africa reduced dramatically to 890 tons, waning by -18.7% compared with the previous year's figure. Overall, exports faced a dramatic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 4.9% against the previous year.
In value terms, exports of tubes, pipes and hollow profiles, of cast iron reduced dramatically to $1.7M in 2022. In general, exports saw a precipitous contraction. The pace of growth appeared the most rapid in 2021 with an increase of 62%.
| Export of Tubes, Pipes and Hollow Profiles, of Cast Iron in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Botswana | 1,769 | 632 | 1,082 | 531 | -33.0% |
| Swaziland | 1,618 | 143 | 197 | 335 | -40.8% |
| Namibia | 363 | 223 | 158 | 245 | -12.3% |
| Mozambique | 97.7 | 38.7 | 77.3 | 198 | 26.5% |
| Democratic Republic of the Congo | 6.7 | 7.4 | 154 | 82.8 | 131.2% |
| Zambia | 12.3 | 2.4 | 17.2 | 69.2 | 77.9% |
| Lesotho | 212 | 45.7 | 72.5 | 38.4 | -43.4% |
| Others | 512 | 187 | 311 | 222 | -24.3% |
| Total | 4,590 | 1,278 | 2,070 | 1,721 | -27.9% |
Top Export Markets for Tubes, Pipes and Hollow Profiles, of Cast Iron from South Africa in 2022:
- Botswana (480.8 tons)
- Swaziland (156.5 tons)
- Namibia (85.4 tons)
- Mozambique (53.6 tons)
- Democratic Republic of the Congo (25.5 tons)
- Lesotho (21.8 tons)
- Zambia (16.2 tons)
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This report provides an in-depth analysis of the market for iron or steel pipe and tube in South Africa.
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Discover the top import markets for iron or steel pipe and tube globally. Explore key statistics and import values for countries like the United States, Germany, Canada, and more.
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