Price for Drawing, Marking-Out or Mathematical Calculating Instruments in South Africa - 2024
Contents:
- Price for Drawing, Marking-Out or Mathematical Calculating Instruments in South Africa (CIF) - 2024
- Price for Drawing, Marking-Out or Mathematical Calculating Instruments in South Africa (FOB) - 2022
- Imports of Drawing, Marking-Out or Mathematical Calculating Instruments in South Africa
- Exports of Drawing, Marking-Out or Mathematical Calculating Instruments in South Africa
Price for Drawing, Marking-Out or Mathematical Calculating Instruments in South Africa (CIF) - 2024
The average import price for drawing, marking-out or mathematical calculating instrumentses stood at $494 per thousand units in January 2024, approximately reflecting the previous month. Overall, the import price showed a abrupt decline. The pace of growth appeared the most rapid in May 2023 when the average import price increased by 132% month-to-month. The import price peaked at $1.0 per unit in March 2023; however, from April 2023 to January 2024, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was China ($879 per thousand units), while the price for India ($63.0 per thousand units) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by China (+1.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Drawing, Marking-Out or Mathematical Calculating Instruments in South Africa (FOB) - 2022
The average export price for drawing, marking-out or mathematical calculating instrumentses stood at $1.2 per unit in 2022, picking up by 8.8% against the previous year. Over the period under review, the export price, however, continues to indicate a noticeable decline. The pace of growth was the most pronounced in 2015 an increase of 17%. Over the period under review, the average export prices reached the peak figure at $1.7 per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Zimbabwe ($4 per unit), while the average price for exports to Swaziland ($0.6 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 Zimbabwe (+6.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Drawing, Marking-Out or Mathematical Calculating Instruments in South Africa
In 2022, the amount of drawing, marking-out or mathematical calculating instrumentses imported into South Africa surged to 14M units, jumping by 17% on the previous year. Overall, imports, however, saw a relatively flat trend pattern. Imports peaked at 14M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of drawing, marking-out or mathematical calculating instrumentses skyrocketed to $6.4M in 2022. Over the period under review, imports, however, showed a noticeable downturn. Imports peaked at $7.1M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Drawing, Marking-Out or Mathematical Calculating Instruments in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.1 | 4.1 | 4.3 | 4.9 | -1.3% |
| India | 0.4 | 0.2 | 0.3 | 0.6 | 14.5% |
| Hong Kong SAR | 0.5 | 0.3 | 0.2 | 0.3 | -15.7% |
| Turkey | N/A | N/A | 0.1 | N/A | 0% |
| Others | 1.1 | 0.7 | 0.7 | 0.6 | -18.3% |
| Total | 7.1 | 5.3 | 5.5 | 6.4 | -3.4% |
Top Suppliers of Drawing, Marking-Out or Mathematical Calculating Instruments to South Africa in 2022:
- China (12.2M units)
- India (0.6M units)
- Hong Kong SAR (0.4M units)
- Turkey (0.2M units)
Exports of Drawing, Marking-Out or Mathematical Calculating Instruments in South Africa
Exports of drawing, marking-out or mathematical calculating instrumentses from South Africa declined to 526K units in 2022, falling by -12.2% on the year before. Over the period under review, exports showed a abrupt slump. The pace of growth appeared the most rapid in 2021 with an increase of 38%. Over the period under review, the exports of attained the maximum at 637K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of drawing, marking-out or mathematical calculating instrumentses declined slightly to $642K in 2022. Overall, exports continue to indicate a pronounced curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 52%. Over the period under review, the exports of hit record highs at $735K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Drawing, Marking-Out or Mathematical Calculating Instruments in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Namibia | 184 | 100 | 187 | 175 | -1.7% |
| Zimbabwe | 31.9 | 61.8 | 95.1 | 123 | 56.8% |
| Swaziland | 84.2 | 50.9 | 39.7 | 113 | 10.3% |
| Botswana | 108 | 123 | 85.7 | 62.5 | -16.7% |
| Zambia | 60.9 | 36.7 | 41.9 | 50.1 | -6.3% |
| Lesotho | 38.4 | 19.6 | 27.1 | 39.4 | 0.9% |
| Mozambique | 154 | 11.6 | 20.4 | 22.3 | -47.5% |
| Kenya | 2.6 | 1.0 | 66.5 | 0.1 | -66.2% |
| Others | 71.9 | 37.8 | 109 | 56.2 | -7.9% |
| Total | 735 | 443 | 672 | 642 | -4.4% |
Top Export Markets for Drawing, Marking-Out or Mathematical Calculating Instruments from South Africa in 2022:
- Swaziland (194.2K units)
- Namibia (155.9K units)
- Botswana (51.1K units)
- Lesotho (33.5K units)
- Zimbabwe (30.6K units)
- Zambia (24.7K units)
- Mozambique (11.9K units)
- Kenya (0.2K units)
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