Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in South Africa - 2024

Contents:

1. Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in South Africa (CIF) - 2022
2. Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in South Africa (FOB) - 2022
3. Imports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in South Africa
4. Exports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in South Africa

Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in South Africa (CIF) - 2022

In 2022, the average import price for machine-tools; parts and accessories, tool holders and self-opening dieheadses amounted to $26,359 per ton, increasing by 15% against the previous year. Over the period under review, the import price, however, recorded a pronounced reduction. The pace of growth appeared the most rapid in 2019 an increase of 29% against the previous year. The import price peaked at $41,898 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($124,870 per ton), while the price for China ($9,474 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in South Africa (FOB) - 2022

In 2022, the average export price for machine-tools; parts and accessories, tool holders and self-opening dieheadses amounted to $29,258 per ton, rising by 73% against the previous year. In general, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for machine-tools; parts and accessories, tool holders and self-opening dieheadses increased by +154.0% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($148,128 per ton), while the average price for exports to Lesotho ($3,294 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 (+10.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in South Africa

After three years of growth, supplies from abroad of machine-tools; parts and accessories, tool holders and self-opening dieheadses decreased by -12.3% to 297 tons in 2022. The total import volume increased at an average annual rate of +3.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 22% against the previous year. As a result, imports reached the peak of 339 tons, and then contracted in the following year.

In value terms, imports of machine-tools; parts and accessories, tool holders and self-opening dieheadses stood at $7.8M in 2022. The total import value increased at an average annual rate of +7.5% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 41% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Top Suppliers of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads to South Africa in 2022:

1. China (152.8 tons)
2. Germany (88.9 tons)
3. Italy (6.1 tons)
4. United States (6.0 tons)
5. Sweden (5.2 tons)
6. Taiwan (Chinese) (3.5 tons)

Exports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in South Africa

In 2022, approx. 15 tons of machine-tools; parts and accessories, tool holders and self-opening dieheadses were exported from South Africa; dropping by -25.5% on the year before. In general, exports faced a significant decrease. The smallest decline of -18.3% was in 2021.

In value terms, exports of machine-tools; parts and accessories, tool holders and self-opening dieheadses skyrocketed to $453K in 2022. Overall, exports continue to indicate a deep setback.

Top Export Markets for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads from South Africa in 2022:

1. Lesotho (2.5 tons)
2. Angola (1.9 tons)
3. Zimbabwe (1.3 tons)
4. Namibia (1.1 tons)
5. Swaziland (1.1 tons)
6. Zambia (1.1 tons)
7. Mozambique (0.9 tons)
8. Uganda (0.8 tons)
9. United States (0.8 tons)
10. Botswana (0.6 tons)
11. Democratic Republic of the Congo (0.5 tons)
12. Tanzania (0.4 tons)

Source: IndexBox Market Intelligence Platform