Price for Tubing; Flexible, with or Without Fittings, of Base Metal in South Africa - 2024

Contents:

1. Price for Tubing; Flexible, with or Without Fittings, of Base Metal in South Africa (CIF) - 2022
2. Price for Tubing; Flexible, with or Without Fittings, of Base Metal in South Africa (FOB) - 2022
3. Imports of Tubing; Flexible, with or Without Fittings, of Base Metal in South Africa
4. Exports of Tubing; Flexible, with or Without Fittings, of Base Metal in South Africa

Price for Tubing; Flexible, with or Without Fittings, of Base Metal in South Africa (CIF) - 2022

In 2022, the average import price for tubing; flexible, with or without fittings, of base metals amounted to $11,862 per ton, rising by 9.8% against the previous year. Overall, the import price, however, recorded a slight decrease. The pace of growth appeared the most rapid in 2018 when the average import price increased by 17% against the previous year. Over the period under review, average import prices attained the maximum at $14,339 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($58,654 per ton), while the price for Botswana ($1,512 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+12.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tubing; Flexible, with or Without Fittings, of Base Metal in South Africa (FOB) - 2022

In 2022, the average export price for tubing; flexible, with or without fittings, of base metals amounted to $7,746 per ton, rising by 78% against the previous year. Over the period under review, export price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +4.9% 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 tubing; flexible, with or without fittings, of base metals decreased by -16.5% against 2020 indices. The export price peaked at $9,276 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

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 Democratic Republic of the Congo ($43,795 per ton), while the average price for exports to Lesotho ($2,651 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 Botswana (+14.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tubing; Flexible, with or Without Fittings, of Base Metal in South Africa

In 2022, imports of tubing; flexible, with or without fittings, of base metals into South Africa contracted modestly to 430 tons, which is down by -4% against the previous year. In general, imports saw a abrupt descent. The pace of growth was the most pronounced in 2021 when imports increased by 35% against the previous year.

In value terms, imports of tubing; flexible, with or without fittings, of base metals amounted to $5.1M in 2022. Overall, imports continue to indicate a deep reduction. The growth pace was the most rapid in 2021 with an increase of 33%.

Top Suppliers of Tubing; Flexible, with or Without Fittings, of Base Metal to South Africa in 2022:

1. India (154.1 tons)
2. China (88.0 tons)
3. Vietnam (53.2 tons)
4. Germany (51.6 tons)
5. South Korea (17.4 tons)
6. United Kingdom (15.1 tons)
7. United States (8.9 tons)
8. Botswana (7.2 tons)

Exports of Tubing; Flexible, with or Without Fittings, of Base Metal in South Africa

In 2022, the amount of tubing; flexible, with or without fittings, of base metals exported from South Africa dropped significantly to 163 tons, with a decrease of -30.1% compared with the previous year. In general, exports saw a perceptible setback. The most prominent rate of growth was recorded in 2021 when exports increased by 73%. As a result, the exports attained the peak of 232 tons, and then contracted significantly in the following year.

In value terms, exports of tubing; flexible, with or without fittings, of base metals surged to $1.3M in 2022. Over the period under review, exports recorded a mild decrease.

Top Export Markets for Tubing; Flexible, with or Without Fittings, of Base Metal from South Africa in 2022:

1. Namibia (39.3 tons)
2. Mozambique (25.2 tons)
3. Zambia (20.9 tons)
4. Angola (20.7 tons)
5. Swaziland (16.4 tons)
6. Zimbabwe (11.9 tons)
7. Eritrea (6.3 tons)
8. Botswana (4.2 tons)
9. Madagascar (3.5 tons)
10. Lesotho (3.4 tons)

Source: IndexBox Market Intelligence Platform