Rafts; Inflatable Price in South Africa - 2023

Contents:

1. Rafts; Inflatable Price in South Africa (CIF) - 2022
2. Rafts; Inflatable Price in South Africa (FOB) - 2022
3. Rafts; Inflatable Imports in South Africa
4. Rafts; Inflatable Exports in South Africa

Rafts; Inflatable Price in South Africa (CIF) - 2022

The average rafts; inflatable import price stood at $648 per unit in 2022, surging by 482% against the previous year. Over the period under review, the import price, however, showed a deep slump. Over the period under review, average import prices attained the peak figure at $2,286 per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($1,344 per unit), while the price for Malaysia ($91 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+4.5%), while the prices for the other major suppliers experienced a decline.

Rafts; Inflatable Price in South Africa (FOB) - 2022

In 2022, the average rafts; inflatable export price amounted to $631 per unit, dropping by -19.4% against the previous year. Overall, the export price saw a abrupt downturn. The most prominent rate of growth was recorded in 2018 an increase of 44% against the previous year. Over the period under review, the average export prices attained the peak figure at $1,725 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was British Virgin Islands ($2,157 per unit), while the average price for exports to Hong Kong SAR ($204 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 British Virgin Islands (+84.2%), while the prices for the other major destinations experienced more modest paces of growth.

Rafts; Inflatable Imports in South Africa

In 2022, overseas purchases of rafts; inflatables decreased by -73.4% to 4.6K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, showed prominent growth. The most prominent rate of growth was recorded in 2021 when imports increased by 335% against the previous year. As a result, imports reached the peak of 17K units, and then declined significantly in the following year.

In value terms, rafts; inflatable imports skyrocketed to $3M in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +6.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Rafts; Inflatable to South Africa in 2022:

1. Thailand (1191.0 units)
2. Malaysia (908.0 units)
3. Italy (419.0 units)
4. Vietnam (210.0 units)
5. China (204.0 units)
6. Namibia (29.0 units)
7. Germany (7.0 units)

Rafts; Inflatable Exports in South Africa

After two years of decline, shipments abroad of rafts; inflatables increased by 86% to 2.9K units in 2022. Overall, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +9.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, rafts; inflatable exports soared to $1.8M in 2022. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +12.2% 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 +65.0% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Rafts; Inflatable from South Africa in 2022:

1. Singapore (1028.0 units)
2. United Kingdom (446.0 units)
3. Namibia (361.0 units)
4. Belgium (171.0 units)
5. Norway (168.0 units)
6. Angola (99.0 units)
7. Congo (41.0 units)
8. Australia (23.0 units)
9. British Virgin Islands (20.0 units)

Source: IndexBox Market Intelligence Platform