South Africa - Road Wheels - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingRoad Wheel Price in South Africa - 2023
Contents:
- Road Wheel Price in South Africa (CIF) - 2022
- Road Wheel Price in South Africa (FOB) - 2022
- Road Wheel Imports in South Africa
- Road Wheel Exports in South Africa
Road Wheel Price in South Africa (CIF) - 2022
The average road wheel import price stood at $3,592 per ton in 2022, jumping by 29% against the previous year. Over the period under review, the import price, however, continues to indicate a slight shrinkage. The import price peaked at $4,159 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 Germany ($20,816 per ton), while the price for China ($2,509 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Road Wheel Price in South Africa (FOB) - 2022
In 2022, the average road wheel export price amounted to $5,042 per ton, surging by 4.6% against the previous year. Over the period under review, the export price, however, saw a noticeable downturn. The pace of growth was the most pronounced in 2017 an increase of 21%. The export price peaked at $6,644 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($13,795 per ton), while the average price for exports to Germany ($3,448 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 Romania (+19.9%), while the prices for the other major destinations experienced more modest paces of growth.
Road Wheel Imports in South Africa
In 2022, road wheel imports into South Africa fell rapidly to 12K tons, with a decrease of -17% against the year before. In general, imports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 27%.
In value terms, road wheel imports expanded markedly to $42M in 2022. Overall, imports showed a mild decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 33% against the previous year.
| Import of Road Wheel in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 21.2 | 14.2 | 21.5 | 22.6 | 2.2% |
| India | 1.2 | 0.8 | 1.6 | 3.5 | 42.9% |
| Japan | 1.3 | 0.6 | 1.1 | 1.6 | 7.2% |
| Spain | 0.3 | 0.4 | 0.8 | 1.2 | 58.7% |
| Turkey | 5.5 | 3.0 | 0.5 | 1.1 | -41.5% |
| Others | 15.4 | 10.7 | 14.1 | 12.4 | -7.0% |
| Total | 44.9 | 29.7 | 39.5 | 42.4 | -1.9% |
Top Suppliers of Road Wheel to South Africa in 2022:
- China (9.0K tons)
- India (0.9K tons)
- Spain (0.3K tons)
- Turkey (0.2K tons)
- Japan (0.2K tons)
Road Wheel Exports in South Africa
In 2022, approx. 3.7K tons of road wheels were exported from South Africa; declining by -15.4% compared with 2021. Over the period under review, exports recorded a drastic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 9.7% against the previous year.
In value terms, road wheel exports reduced to $19M in 2022. Overall, exports saw a deep contraction. The pace of growth appeared the most rapid in 2021 with an increase of 23% against the previous year.
| Export of Road Wheel in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 4.8 | 4.6 | 7.6 | 7.8 | 17.6% |
| Zambia | 1.0 | 0.8 | 1.0 | 1.7 | 19.3% |
| Namibia | 1.5 | 1.1 | 1.5 | 1.5 | 0.0% |
| Germany | 2.6 | 1.4 | 1.8 | 1.3 | -20.6% |
| Botswana | 1.7 | 1.0 | 1.0 | 0.9 | -19.1% |
| United Kingdom | 9.2 | 4.1 | 0.4 | 0.7 | -57.6% |
| Zimbabwe | 1.1 | 0.6 | 0.8 | 0.7 | -14.0% |
| Romania | N/A | N/A | N/A | 0.4 | 0% |
| Italy | 0.3 | N/A | 0.1 | 0.3 | 0.0% |
| India | 1.9 | 0.3 | 0.5 | N/A | -48.7% |
| Others | 5.5 | 3.3 | 6.3 | 3.3 | -15.7% |
| Total | 29.5 | 17.1 | 20.9 | 18.5 | -14.4% |
Top Export Markets for Road Wheel from South Africa in 2022:
- Argentina (2059.9 tons)
- Germany (364.2 tons)
- Zambia (298.8 tons)
- Namibia (163.3 tons)
- Botswana (145.3 tons)
- Zimbabwe (84.9 tons)
- Romania (78.3 tons)
- United Kingdom (76.7 tons)
- Italy (72.2 tons)
- India (5.3 tons)
This report provides an in-depth analysis of the road wheel market 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 29323040 - Road wheels and parts and accessories thereof
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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
397
This report provides an in-depth analysis of the road wheel market in South Africa.
415
This report provides an in-depth analysis of the market for automotive parts and accessories in South Africa.
295
This report provides an in-depth analysis of the inflator system airbag market in South Africa.
266
This report provides an in-depth analysis of the brakes and servo-brakes market in South Africa.
332
This report provides an in-depth analysis of the bumper market in South Africa.
357
This report provides an in-depth analysis of the clutch market in South Africa.
288
This report provides an in-depth analysis of the market for driving and non-driving axle in South Africa.
298
This report provides an in-depth analysis of the gear box market in South Africa.
233
This report provides an in-depth analysis of the motor vehicle radiator market in South Africa.
241
This report provides an in-depth analysis of the safety seat belt market in South Africa.
276
In May 2023, the price for Bumper was $8,769 per ton (CIF, South Africa), seeing a 40% increase from the previous month.
278
In July 2023, the Clutch price dropped to $7,346 per ton (CIF, South Africa), representing a decline of 15.1% compared to the previous month.
160
In May 2023, the growth rate reached its highest point as imports surged by 74% compared to the previous month. The import value of Steering Wheels And Columns witnessed a significant decline, dropping to $7.1M by November 2023.
166
In September 2022, the import growth of Suspension System reached a remarkable pace, with a 219% increase compared to the previous month. The value of these imports in July 2023 amounted to $9.3M.
1026
In value terms, millstones, grindstones and grinding wheels imports stood at $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the t...
1086
In value terms, millstones, grindstones and grinding wheels exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; however, the trend...
1704
Global automotive accessory imports stood at X tons in 2016, ascending by X% against the previous year figure. Overall, automotive accessory imports continue to indicate a slight downturn. The pa...
3430
Global automotive accessory imports stood at X tons in 2016, ascending by X% against the previous year figure. Overall, automotive accessory imports continue to indicate a slight downturn. The pa...
1146
In 2015, global automotive accessory market grew to X billion USD, which was slightly higher than the year before. From 2007 to 2015, average annual growth rate of consumption stood at +X% per year.
1776
China (X million USD) was calculated to be the leading consuming motor vehicle accessory market in 2015, accounting for approximately X% of global consumption. It was distantly followed by the U.S. with a X% share i
