South Africa - Goods Vehicles, With Spark-Ignition Internal Combustion Piston Engine - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPetroleum-Engine Cargo Trucks Price in South Africa - 2023
Contents:
- Petroleum-Engine Cargo Trucks Price in South Africa (FOB) - 2023
- Petroleum-Engine Cargo Trucks Price in South Africa (CIF) - 2023
- Petroleum-Engine Cargo Trucks Exports in South Africa
- Petroleum-Engine Cargo Trucks Imports in South Africa
Petroleum-Engine Cargo Trucks Price in South Africa (FOB) - 2023
In July 2023, the average petroleum-engine cargo trucks export price amounted to $24,309 per unit, with a decrease of -15.8% against the previous month. Over the period under review, the export price saw a mild downturn. The growth pace was the most rapid in January 2023 when the average export price increased by 15% month-to-month. Over the period under review, the average export prices hit record highs at $30,112 per unit in August 2022; afterwards, it flattened through to July 2023.
Average prices varied noticeably for the major export markets. In July 2023, the countries with the highest prices were Namibia ($23,762 per unit) and Australia ($23,631 per unit), while the average price for exports to Mexico ($23,631 per unit) and Nigeria ($23,631 per unit) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Algeria (0.0%), while the prices for the other major destinations experienced a decline.
Petroleum-Engine Cargo Trucks Price in South Africa (CIF) - 2023
In July 2023, the average petroleum-engine cargo trucks import price amounted to $28,024 per unit, flattening at the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.3%. The growth pace was the most rapid in December 2022 when the average import price increased by 13% month-to-month. Over the period under review, average import prices attained the peak figure at $28,807 per unit in April 2023; afterwards, it flattened through to July 2023.
Average prices varied noticeably amongst the major supplying countries. In July 2023, the highest price was recorded for prices from China ($27,870 per unit) and Mexico ($27,870 per unit), while the price for Poland ($27,870 per unit) and the United States ($27,870 per unit) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Spain (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Petroleum-Engine Cargo Trucks Exports in South Africa
Petroleum-engine cargo trucks exports from South Africa surged to 3.7K units in 2022, with an increase of 26% against the previous year's figure. Over the period under review, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +18.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +67.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 32% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in years to come.
In value terms, petroleum-engine cargo trucks exports skyrocketed to $99M in 2022. In general, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +17.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +68.9% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 43% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
Export of Petroleum-Engine Cargo Trucks in South Africa (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Mexico | N/A | N/A | N/A | 42.3 | 0% |
Namibia | 13.4 | 6.1 | 8.3 | 11.3 | -5.5% |
Nigeria | 15.5 | 23.4 | 15.0 | 11.1 | -10.5% |
Botswana | 10.3 | 6.2 | 10.0 | 5.7 | -17.9% |
Egypt | N/A | N/A | 10.0 | 5.2 | -48.0% |
Algeria | N/A | N/A | N/A | 4.9 | 0% |
United Arab Emirates | 0.8 | 3.3 | 3.8 | 1.8 | 31.0% |
Ghana | N/A | 3.4 | 2.8 | 0.2 | -75.7% |
Others | 21.9 | 16.2 | 34.1 | 16.6 | -8.8% |
Total | 61.9 | 58.6 | 83.9 | 99.0 | 16.9% |
Top Export Markets for Petroleum-Engine Cargo Trucks from South Africa in 2022:
- Mexico (1792.0 units)
- Nigeria (468.0 units)
- Namibia (440.0 units)
- Egypt (219.0 units)
- Botswana (169.0 units)
- Algeria (94.0 units)
- United Arab Emirates (74.0 units)
- Ghana (7.0 units)
Petroleum-Engine Cargo Trucks Imports in South Africa
In 2022, imports of goods vehicles, with spark-ignition internal combustion piston engine into South Africa surged to 1.6K units, picking up by 16% on 2021. Overall, imports saw a buoyant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 113%. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.
In value terms, petroleum-engine cargo trucks imports skyrocketed to $45M in 2022. In general, imports showed a buoyant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 112%. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the immediate term.
Import of Petroleum-Engine Cargo Trucks in South Africa (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 8.9 | 4.5 | 18.4 | 13.5 | 14.9% |
Portugal | 4.1 | 2.2 | 2.5 | 11.9 | 42.6% |
Japan | 1.1 | 1.2 | 4.6 | 7.6 | 90.5% |
Poland | 3.8 | 3.4 | N/A | 4.0 | 1.7% |
United States | 1.3 | 1.9 | 2.1 | 3.1 | 33.6% |
Spain | 2.3 | 1.1 | 2.3 | 1.8 | -7.8% |
Mexico | 1.1 | 0.9 | 1.0 | 1.2 | 2.9% |
Others | 5.4 | 1.6 | 4.9 | 1.9 | -29.4% |
Total | 28.1 | 16.8 | 35.7 | 45.0 | 17.0% |
Top Suppliers of Petroleum-Engine Cargo Trucks to South Africa in 2022:
- China (482.0 units)
- Portugal (426.0 units)
- Japan (271.0 units)
- Poland (144.0 units)
- United States (111.0 units)
- Spain (66.0 units)
- Mexico (45.0 units)
This report provides an in-depth analysis of the petroleum-engine cargo trucks 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 29104200 - Goods vehicles, with spark-ignition internal combustion piston engine, other goods vehicles, new
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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During the period from August 2023 to September 2023, the exports witnessed a slight decrease. Specifically, the value of exports for Petroleum-Engine Cargo Trucks significantly declined to $5.5M in September 2023.
From August 2023 to November 2023, the export growth of Trucks remained somewhat lower, with a value of $620M in November 2023.
During the period of August 2023 to October 2023, the exports of Truck experienced a comparatively modest growth. In terms of value, the exports of Truck reached $612M in October 2023.
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Global truck imports stood at X tons in 2016, dropping by -X% against the previous year figure. Overall, truck imports continue to indicate a measured curtailment. The pace of growth appeared th...
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During the period from August 2023 to September 2023, the exports witnessed a slight decrease. Specifically, the value of exports for Petroleum-Engine Cargo Trucks significantly declined to $5.5M in September 2023.
From August 2023 to November 2023, the export growth of Trucks remained somewhat lower, with a value of $620M in November 2023.