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South Africa - Moulded Rubber Articles - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Rubber-To-Metal and Moulded Article in South Africa - 2023
Contents:
- Price for Rubber-To-Metal and Moulded Article in South Africa (CIF) - 2023
- Price for Rubber-To-Metal and Moulded Article in South Africa (FOB) - 2022
- Imports of Rubber-To-Metal and Moulded Article in South Africa
- Exports of Rubber-To-Metal and Moulded Article in South Africa
Price for Rubber-To-Metal and Moulded Article in South Africa (CIF) - 2023
The average rubber-to-metal and moulded article import price stood at $8,406 per ton in July 2023, remaining stable against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in August 2022 when the average import price increased by 107% m-o-m. As a result, import price attained the peak level of $18,864 per ton. From September 2022 to July 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Germany ($15,994 per ton), while the price for China ($3,702 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Turkey (+3.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Rubber-To-Metal and Moulded Article in South Africa (FOB) - 2022
The average rubber-to-metal and moulded article export price stood at $9,904 per ton in 2022, jumping by 29% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. As a result, the export price reached 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 Germany ($19,538 per ton), while the average price for exports to Ghana ($4,323 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 Germany (+10.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Rubber-To-Metal and Moulded Article in South Africa
Rubber-to-metal and moulded article imports into South Africa expanded rapidly to 11K tons in 2022, growing by 10% on 2021. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +11.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +45.9% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 32% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, rubber-to-metal and moulded article imports expanded remarkably to $93M in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +14.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +77.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 67% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
Import of Rubber-To-Metal and Moulded Article in South Africa (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 4.9 | 4.2 | 7.6 | 13.0 | 38.4% |
Japan | 2.9 | 2.0 | 14.4 | 12.1 | 61.0% |
China | 9.4 | 7.6 | 11.0 | 11.2 | 6.0% |
Germany | 9.6 | 6.8 | 10.2 | 10.3 | 2.4% |
Thailand | 8.9 | 7.8 | 10.1 | 9.0 | 0.4% |
Turkey | 3.7 | 3.4 | 4.8 | 4.9 | 9.8% |
Spain | 5.0 | 4.2 | 5.3 | 4.9 | -0.7% |
India | 2.6 | 2.2 | 3.9 | 4.1 | 16.4% |
Slovakia | 1.6 | 1.4 | 1.5 | 1.8 | 4.0% |
Others | 13.6 | 12.7 | 18.6 | 21.2 | 15.9% |
Total | 62.2 | 52.4 | 87.4 | 92.7 | 14.2% |
Top Suppliers of Rubber-To-Metal and Moulded Article to South Africa in 2022:
- Turkey (2.5K tons)
- China (2.5K tons)
- Thailand (1.5K tons)
- Spain (1.2K tons)
- India (0.7K tons)
- Germany (0.6K tons)
- Japan (0.2K tons)
- United States (0.2K tons)
- Slovakia (0.2K tons)
Exports of Rubber-To-Metal and Moulded Article in South Africa
In 2022, rubber-to-metal and moulded article exports from South Africa rose to 2.5K tons, surging by 3.3% on the year before. Overall, exports, however, continue to indicate a perceptible reduction. The most prominent rate of growth was recorded in 2021 with an increase of 6.3%.
In value terms, rubber-to-metal and moulded article exports surged to $25M in 2022. In general, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +7.1% 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 +59.7% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Rubber-To-Metal and Moulded Article in South Africa (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 0.3 | 1.5 | 0.9 | 3.5 | 126.8% |
Namibia | 2.8 | 1.9 | 2.6 | 2.6 | -2.4% |
Zimbabwe | 1.2 | 0.7 | 1.2 | 2.3 | 24.2% |
Zambia | 2.3 | 1.9 | 2.1 | 2.2 | -1.5% |
Botswana | 2.5 | 1.8 | 2.1 | 2.2 | -4.2% |
Democratic Republic of the Congo | 1.6 | 1.2 | 1.4 | 1.5 | -2.1% |
Mozambique | 1.6 | 0.9 | 1.1 | 1.3 | -6.7% |
Mali | 0.2 | 0.2 | 0.4 | 0.9 | 65.1% |
Swaziland | 0.6 | 0.9 | 0.6 | 0.5 | -5.9% |
Lesotho | 0.4 | 0.2 | 0.4 | 0.4 | 0.0% |
Angola | 0.3 | 0.2 | 0.1 | 0.3 | 0.0% |
Ghana | 0.7 | 0.5 | 0.2 | 0.2 | -34.1% |
Sierra Leone | 1.2 | N/A | 0.1 | 0.2 | -45.0% |
Others | 4.5 | 3.8 | 5.4 | 6.6 | 13.6% |
Total | 20.2 | 15.6 | 18.6 | 24.9 | 7.2% |
Top Export Markets for Rubber-To-Metal and Moulded Article from South Africa in 2022:
- Botswana (429.7 tons)
- Namibia (333.8 tons)
- United States (302.2 tons)
- Zimbabwe (214.9 tons)
- Zambia (177.6 tons)
- Mozambique (115.2 tons)
- Democratic Republic of the Congo (93.2 tons)
- Mali (76.5 tons)
- Lesotho (66.0 tons)
- Swaziland (65.6 tons)
- Ghana (54.9 tons)
- Angola (41.6 tons)
- Sierra Leone (18.0 tons)
This report provides an in-depth analysis of the market for rubber-to-metal and moulded article 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 22197345 - Rubber-to-metal bonded articles for tractors and motor vehicles
- Prodcom 2297347 -
- Prodcom 22197349 - Rubber-to-metal bonded articles for other uses than for tractors and motor vehicles
- Prodcom 22197365 - Articles of vulcanised solid rubber other than for tractors and motor vehicles
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
-
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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