South Africa - Threaded Articles Of Iron Or Steel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingThreaded Metal Articles Price in South Africa - 2023
Contents:
- Threaded Metal Articles Price in South Africa (CIF) - 2022
- Threaded Metal Articles Price in South Africa (FOB) - 2022
- Threaded Metal Articles Imports in South Africa
- Threaded Metal Articles Exports in South Africa
Threaded Metal Articles Price in South Africa (CIF) - 2022
In 2022, the average threaded metal articles import price amounted to $3,990 per ton, increasing by 24% against the previous year. Overall, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, threaded metal articles import price increased by +138.5% against 2018 indices. The most prominent rate of growth was recorded in 2019 when the average import price increased by 32% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.
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 ($16,916 per ton), while the price for India ($1,377 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Threaded Metal Articles Price in South Africa (FOB) - 2022
In 2022, the average threaded metal articles export price amounted to $3,235 per ton, with an increase of 12% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by 19% against the previous year. As a result, the export price reached the peak level of $3,704 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Mozambique ($5,114 per ton), while the average price for exports to Lesotho ($1,956 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 (+2.1%), while the prices for the other major destinations experienced more modest paces of growth.
Threaded Metal Articles Imports in South Africa
Threaded metal articles imports into South Africa dropped to 2.1K tons in 2022, with a decrease of -6.5% against the previous year. In general, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 32% against the previous year.
In value terms, threaded metal articles imports surged to $8.5M in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +5.5% 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 +75.7% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 51% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
| Import of Threaded Metal Articles in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3,042 | 2,144 | 3,124 | 4,044 | 10.0% |
| Germany | 843 | 717 | 806 | 852 | 0.4% |
| Taiwan (Chinese) | 588 | 382 | 591 | 507 | -4.8% |
| Netherlands | 27.7 | 29.8 | 66.8 | 397 | 142.9% |
| India | 542 | 148 | 129 | 152 | -34.5% |
| Others | 2,225 | 1,438 | 2,641 | 2,585 | 5.1% |
| Total | 7,268 | 4,858 | 7,357 | 8,537 | 5.5% |
Top Suppliers of Threaded Metal Articles to South Africa in 2022:
- China (1638.1 tons)
- India (110.5 tons)
- Netherlands (95.9 tons)
- Taiwan (Chinese) (90.0 tons)
- Germany (50.3 tons)
Threaded Metal Articles Exports in South Africa
In 2022, the amount of threaded articles of iron or steel exported from South Africa contracted to 1.3K tons, which is down by -13.8% against the previous year. Overall, exports showed a deep setback. The pace of growth appeared the most rapid in 2021 with an increase of 20% against the previous year.
In value terms, threaded metal articles exports shrank to $4.1M in 2022. In general, exports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 27%.
| Export of Threaded Metal Articles in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Zambia | 1,129 | 584 | 941 | 746 | -12.9% |
| Namibia | 741 | 354 | 727 | 498 | -12.4% |
| Botswana | 823 | 337 | 531 | 467 | -17.2% |
| Mozambique | 270 | 410 | 315 | 439 | 17.6% |
| Democratic Republic of the Congo | 439 | 318 | 537 | 374 | -5.2% |
| Lesotho | 123 | 139 | 130 | 349 | 41.6% |
| Zimbabwe | 190 | 258 | 268 | 266 | 11.9% |
| Swaziland | 398 | 328 | 307 | 251 | -14.2% |
| Malawi | 141 | 82.3 | 42.7 | 12.3 | -55.6% |
| Others | 1,021 | 569 | 492 | 723 | -10.9% |
| Total | 5,275 | 3,382 | 4,291 | 4,127 | -7.9% |
Top Export Markets for Threaded Metal Articles from South Africa in 2022:
- Zambia (356.1 tons)
- Lesotho (178.2 tons)
- Democratic Republic of the Congo (152.2 tons)
- Botswana (135.6 tons)
- Namibia (102.1 tons)
- Mozambique (85.9 tons)
- Swaziland (73.6 tons)
- Zimbabwe (71.3 tons)
- Malawi (1.7 tons)
This report provides an in-depth analysis of the threaded metal articles 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 25941190 - Threaded articles, n.e.c., of iron or steel
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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