Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in South Africa - 2024

Contents:

1. Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in South Africa (CIF) - 2022
2. Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in South Africa (FOB) - 2022
3. Imports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in South Africa
4. Exports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in South Africa

Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in South Africa (CIF) - 2022

In 2022, the average import price for fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses amounted to $2,490 per ton, reducing by -1.9% against the previous year. In general, the import price, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2021 an increase of 70% against the previous year. As a result, import price reached the peak level of $2,538 per ton, and then reduced slightly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($5,148 per ton), while the price for Italy ($953 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+30.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in South Africa (FOB) - 2022

In 2022, the average export price for fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses amounted to $11,610 per ton, picking up by 1.8% against the previous year. In general, the export price, however, continues to indicate a deep setback. The pace of growth appeared the most rapid in 2021 an increase of 27% against the previous year. The export price peaked at $22,617 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Namibia ($25,539 per ton), while the average price for exports to Botswana ($4,103 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Namibia (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in South Africa

In 2022, overseas purchases of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses were finally on the rise to reach 2.5K tons after two years of decline. Overall, imports, however, recorded a dramatic shrinkage.

In value terms, imports of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses surged to $6.3M in 2022. Over the period under review, imports, however, showed a abrupt decrease.

Top Suppliers of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles to South Africa in 2022:

1. China (1293.2 tons)
2. Germany (629.3 tons)
3. Czech Republic (337.2 tons)
4. Italy (158.8 tons)
5. Spain (68.7 tons)
6. Sweden (18.3 tons)

Exports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in South Africa

In 2022, exports of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses from South Africa contracted remarkably to 151 tons, falling by -28.5% against the previous year's figure. In general, exports showed a deep downturn. The growth pace was the most rapid in 2021 when exports increased by 13% against the previous year. As a result, the exports reached the peak of 211 tons, and then fell markedly in the following year.

In value terms, exports of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses dropped sharply to $1.8M in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 42%. As a result, the exports reached the peak of $2.4M, and then shrank rapidly in the following year.

Top Export Markets for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles from South Africa in 2022:

1. Botswana (53.7 tons)
2. Zambia (23.7 tons)
3. Swaziland (18.0 tons)
4. Namibia (12.5 tons)
5. Canada (12.1 tons)
6. Lesotho (6.3 tons)
7. Mozambique (5.2 tons)
8. Colombia (2.4 tons)
9. Australia (2.1 tons)
10. Singapore (1.8 tons)
11. Italy (1.3 tons)

Source: IndexBox Market Intelligence Platform