South Africa: Market for Motor Vehicle Chassis Fitted With Engines 2024

Market Size for Motor Vehicle Chassis Fitted With Engines in South Africa

The South African market for motor vehicle chassis fitted with engines expanded slightly to $X in 2022, growing by X% against the previous year. Overall, consumption, however, showed a noticeable decrease. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Motor Vehicle Chassis Fitted With Engines in South Africa

In value terms, production of motor vehicle chassis fitted with engines reached $X in 2022 estimated in export price. In general, production, however, recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. Production of peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Exports of Motor Vehicle Chassis Fitted With Engines

Exports from South Africa

After two years of growth, overseas shipments of motor vehicle chassis fitted with engines decreased by X% to X units in 2022. In general, exports, however, continue to indicate pronounced growth. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. As a result, the exports attained the peak of X units. From 2016 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of motor vehicle chassis fitted with engines skyrocketed to $X in 2022. Over the period under review, exports continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, the exports of reached the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Australia (X units) was the main destination for exports of motor vehicle chassis fitted with engines from South Africa, with a X% share of total exports. Moreover, exports of motor vehicle chassis fitted with engines to Australia exceeded the volume sent to the second major destination, Zambia (X units), fivefold. The third position in this ranking was held by the United Arab Emirates (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Australia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Zambia (X% per year) and the United Arab Emirates (X% per year).

In value terms, Australia ($X), Zambia ($X) and Malawi ($X) constituted the largest markets for motor vehicle chassis fitted with engines exported from South Africa worldwide, with a combined X% share of total exports.

Malawi, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for motor vehicle chassis fitted with engines amounted to $X per unit, surging by X% against the previous year. Overall, the export price, however, recorded a deep downturn. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Malawi ($X per unit), while the average price for exports to France ($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 Portugal (X.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Motor Vehicle Chassis Fitted With Engines

Imports into South Africa

In 2022, imports of motor vehicle chassis fitted with engines into South Africa contracted to X units, falling by X% against 2021 figures. Over the period under review, imports recorded a abrupt setback. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. Imports peaked at X units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of motor vehicle chassis fitted with engines shrank dramatically to $X in 2022. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, imports of reached the maximum at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, India (X units) constituted the largest supplier of motor vehicle chassis fitted with engines to South Africa, accounting for a X% share of total imports. Moreover, imports of motor vehicle chassis fitted with engines from India exceeded the figures recorded by the second-largest supplier, China (X units), fivefold. Sweden (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from India totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Sweden (X% per year).

In value terms, India ($X) constituted the largest supplier of motor vehicle chassis fitted with engines to South Africa, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by Poland, with a X% share.

From 2012 to 2022, the average annual growth rate of value from India amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Poland (X% per year).

Import Prices by Country

The average import price for motor vehicle chassis fitted with engines stood at $X per unit in 2022, waning by X% against the previous year. Overall, the import price, however, enjoyed a tangible expansion. The most prominent rate of growth was recorded in 2014 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2020; however, from 2021 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 Poland ($X per unit), while the price for Spain ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform