Price for Containers for Compressed or Liquefied Gas, of Aluminium in South Africa - 2024

Contents:

1. Price for Containers for Compressed or Liquefied Gas, of Aluminium in South Africa (CIF) - 2022
2. Price for Containers for Compressed or Liquefied Gas, of Aluminium in South Africa (FOB) - 2022
3. Imports of Containers for Compressed or Liquefied Gas, of Aluminium in South Africa
4. Exports of Containers for Compressed or Liquefied Gas, of Aluminium in South Africa

Price for Containers for Compressed or Liquefied Gas, of Aluminium in South Africa (CIF) - 2022

The average import price for containers for compressed or liquefied gas, of aluminium stood at $18 per unit in 2022, picking up by 36% against the previous year. Overall, the import price, however, saw a mild setback. The growth pace was the most rapid in 2017 an increase of 45%. Over the period under review, average import prices attained the peak figure at $22 per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($150 per unit), while the price for the United Arab Emirates ($7.6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Containers for Compressed or Liquefied Gas, of Aluminium in South Africa (FOB) - 2022

In 2022, the average export price for containers for compressed or liquefied gas, of aluminium amounted to $3.8 per unit, dropping by -54.9% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by 100%. Over the period under review, the average export prices hit record highs at $8.4 per unit in 2021, and then declined notably in the following year.

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 the United States ($11 per unit), while the average price for exports to Swaziland ($1.7 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 Nigeria (+28.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Containers for Compressed or Liquefied Gas, of Aluminium in South Africa

After three years of growth, purchases abroad of containers for compressed or liquefied gas, of aluminium decreased by -36.8% to 84K units in 2022. In general, imports continue to indicate a pronounced downturn. The growth pace was the most rapid in 2020 when imports increased by 39%. Imports peaked at 133K units in 2021, and then fell remarkably in the following year.

In value terms, imports of containers for compressed or liquefied gas, of aluminium shrank to $1.5M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +11.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 49% against the previous year. Over the period under review, imports of reached the maximum at $1.7M in 2021, and then dropped in the following year.

Top Suppliers of Containers for Compressed or Liquefied Gas, of Aluminium to South Africa in 2022:

1. China (36.5K units)
2. India (12.2K units)
3. United Kingdom (9.8K units)
4. United States (6.5K units)
5. United Arab Emirates (3.9K units)
6. Thailand (3.3K units)
7. New Zealand (2.0K units)
8. Italy (1.0K units)
9. France (0.8K units)

Exports of Containers for Compressed or Liquefied Gas, of Aluminium in South Africa

In 2022, overseas shipments of containers for compressed or liquefied gas, of aluminium were finally on the rise to reach 141K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports enjoyed a remarkable increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of containers for compressed or liquefied gas, of aluminium skyrocketed to $537K in 2022. In general, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 54%. Over the period under review, the exports of hit record highs at $548K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Top Export Markets for Containers for Compressed or Liquefied Gas, of Aluminium from South Africa in 2022:

1. Swaziland (79.4K units)
2. Lesotho (5.1K units)
3. Namibia (1.7K units)
4. United States (0.3K units)

Source: IndexBox Market Intelligence Platform