South Africa: Transportation Vehicle Body Market 2024

Transportation Vehicle Body Market Size in South Africa

The South African transportation vehicle body market reduced modestly to $X in 2022, which is down by X% against the previous year. In general, consumption, however, recorded a buoyant expansion. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Transportation Vehicle Body Production in South Africa

In value terms, transportation vehicle body production contracted to $X in 2022 estimated in export price. Overall, production, however, enjoyed prominent growth. The pace of growth was the most pronounced in 2016 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

Transportation Vehicle Body Exports

Exports from South Africa

In 2022, shipments abroad of bodies for motor vehicles for the transporting people decreased by X% to X units, falling for the second consecutive year after two years of growth. In general, exports saw a deep downturn. The pace of growth appeared the most rapid in 2013 with an increase of X%. As a result, the exports reached the peak of X units. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, transportation vehicle body exports shrank rapidly to $X in 2022. Overall, exports showed a sharp slump. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Zambia (X units), Botswana (X units) and Namibia (X units) were the main destinations of transportation vehicle body exports from South Africa, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Botswana (with a CAGR of X%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Botswana ($X) emerged as the key foreign market for bodies for motor vehicles for the transporting people exports from South Africa, comprising X% of total exports. The second position in the ranking was taken by Zambia ($X), with a X% share of total exports. It was followed by the UK, with an X% share.

From 2012 to 2022, the average annual growth rate of value to Botswana amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Zambia (X% per year) and the UK (X% per year).

Export Prices by Country

In 2022, the average transportation vehicle body export price amounted to $X per unit, waning by X% against the previous year. Overall, the export price faced a deep contraction. The most prominent rate of growth was recorded in 2014 when the average export price increased by X%. As a result, the export price attained the peak level of $X per unit. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Zambia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Zambia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Transportation Vehicle Body Imports

Imports into South Africa

In 2022, after two years of decline, there was significant growth in purchases abroad of bodies for motor vehicles for the transporting people, when their volume increased by X% to X units. Overall, imports showed significant growth. Imports peaked at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, transportation vehicle body imports skyrocketed to $X in 2022. Over the period under review, imports posted buoyant growth. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

The United States (X units), Hungary (X units) and Hong Kong SAR (X units) were the main suppliers of transportation vehicle body imports to South Africa, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of X.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of bodies for motor vehicles for the transporting people to South Africa, comprising X% of total imports. The second position in the ranking was taken by Hungary ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from the United States amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (X% per year) and Hong Kong SAR (X% per year).

Import Prices by Country

In 2022, the average transportation vehicle body import price amounted to $X per unit, dropping by X% against the previous year. Over the period under review, the import price faced a dramatic curtailment. The pace of growth was the most pronounced in 2021 an increase of X%. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 the United States ($X per unit), while the price for Hong Kong SAR ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%).

Source: IndexBox Platform

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