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South Africa - Motor Vehicles Compression-Ignition Internal Combustion Piston Engines - Market Analysis, Forecast, Size, Trends and Insights
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View PricingInternal Combustion Engines Price in South Africa - 2023
Contents:
- Internal Combustion Engines Price in South Africa (FOB) - 2022
- Internal Combustion Engines Price in South Africa (CIF) - 2022
- Internal Combustion Engines Exports in South Africa
- Internal Combustion Engines Imports in South Africa
Internal Combustion Engines Price in South Africa (FOB) - 2022
In 2022, the average internal combustion engines export price amounted to $3,865 per unit, rising by 3.4% against the previous year. In general, the export price, however, continues to indicate a deep downturn. The pace of growth appeared the most rapid in 2015 an increase of 22% against the previous year. The export price peaked at $6,614 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($14,699 per unit), while the average price for exports to Germany ($1,310 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 China (+8.3%), while the prices for the other major destinations experienced more modest paces of growth.
Internal Combustion Engines Price in South Africa (CIF) - 2022
In 2022, the average internal combustion engines import price amounted to $4,092 per unit, with an increase of 15% against the previous year. Overall, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, internal combustion engines import price increased by +51.2% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by 52%. The import price peaked in 2022 and is likely to see steady growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($16,061 per unit), while the price for Italy ($168 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+23.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Internal Combustion Engines Exports in South Africa
In 2022, after three years of growth, there was significant decline in shipments abroad of motor vehicles compression-ignition internal combustion piston engines, when their volume decreased by -30.4% to 19K units. In general, total exports indicated a perceptible increase from 2019 to 2022: its volume increased at an average annual rate of +4.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 40% against the previous year. As a result, the exports attained the peak of 28K units, and then reduced remarkably in the following year.
In value terms, internal combustion engines exports contracted sharply to $74M in 2022. Over the period under review, exports continue to indicate a abrupt shrinkage. The growth pace was the most rapid in 2021 when exports increased by 12%. As a result, the exports attained the peak of $103M, and then contracted notably in the following year.
Export of Internal Combustion Engines in South Africa (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Zambia | 3.9 | 6.1 | 17.5 | 23.0 | 80.7% |
Turkey | 22.0 | 14.1 | 17.4 | 9.3 | -24.9% |
Botswana | 1.1 | 2.4 | 11.6 | 8.7 | 99.2% |
Germany | 15.5 | 14.6 | 21.7 | 7.3 | -22.2% |
Democratic Republic of the Congo | 4.9 | 3.7 | 4.0 | 6.8 | 11.5% |
Uruguay | N/A | N/A | 2.9 | 5.2 | 79.3% |
United States | 8.1 | 6.7 | 1.7 | 1.5 | -43.0% |
United Kingdom | 0.2 | 0.3 | 0.9 | 1.2 | 81.7% |
Russia | 34.9 | 33.7 | 14.2 | N/A | -36.2% |
Others | 9.1 | 10.9 | 11.4 | 11.4 | 7.8% |
Total | 99.7 | 92.5 | 103 | 74.4 | -9.3% |
Top Export Markets for Internal Combustion Engines from South Africa in 2022:
- Germany (5.6K units)
- Turkey (3.8K units)
- Zambia (2.8K units)
- Uruguay (2.2K units)
- Botswana (1.1K units)
- United Kingdom (0.8K units)
- Democratic Republic of the Congo (0.7K units)
- United States (0.3K units)
Internal Combustion Engines Imports in South Africa
In 2022, overseas purchases of motor vehicles compression-ignition internal combustion piston engines were finally on the rise to reach 25K units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a pronounced reduction. Over the period under review, imports hit record highs at 27K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, internal combustion engines imports skyrocketed to $101M in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +9.2% 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 +57.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 30% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
Import of Internal Combustion Engines in South Africa (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 11.8 | 12.2 | 20.6 | 28.2 | 33.7% |
United Kingdom | 5.6 | 9.8 | 10.5 | 17.6 | 46.5% |
United States | 23.6 | 17.0 | 18.4 | 17.0 | -10.4% |
India | 10.1 | 6.3 | 11.2 | 16.3 | 17.3% |
Japan | 2.6 | 1.6 | 2.5 | 3.6 | 11.5% |
South Korea | 8.9 | 7.2 | 9.4 | 3.5 | -26.7% |
China | 1.1 | 1.5 | 2.7 | 2.8 | 36.5% |
Italy | 0.3 | 0.4 | 0.2 | 0.3 | 0.0% |
Others | 14.0 | 8.6 | 8.4 | 12.1 | -4.7% |
Total | 77.9 | 64.6 | 83.9 | 101 | 9.0% |
Top Suppliers of Internal Combustion Engines to South Africa in 2022:
- India (5.6K units)
- United Kingdom (3.8K units)
- United States (3.0K units)
- Japan (2.3K units)
- South Korea (1.9K units)
- Italy (1.8K units)
- Germany (1.8K units)
- China (1.6K units)
This report provides an in-depth analysis of the internal combustion engines 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 29101300 - Vehicle compression-ignition internal combustion piston engines (diesel or semi-diesel) (excluding for railway or tramway rolling stock)
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
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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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