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South Africa - Electric Smoothing Irons - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSmoothing Iron Price in South Africa - 2023
Contents:
- Smoothing Iron Price in South Africa (CIF) - 2023
- Smoothing Iron Price in South Africa (FOB) - 2023
- Smoothing Iron Imports in South Africa
- Smoothing Iron Exports in South Africa
Smoothing Iron Price in South Africa (CIF) - 2023
In July 2023, the average smoothing iron import price amounted to $4.9 per unit, waning by -18.8% against the previous month. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 when the average import price increased by 46% month-to-month. Over the period under review, average import prices reached the maximum at $6.3 per unit in December 2022; however, from January 2023 to July 2023, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From July 2022 to July 2023, the rate of growth in terms of prices for China amounted to -0.1% per month.
Smoothing Iron Price in South Africa (FOB) - 2023
In July 2023, the average smoothing iron export price amounted to $10.9 per unit, with a decrease of -10.4% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in March 2023 an increase of 27% month-to-month. The export price peaked at $12.1 per unit in June 2023, and then reduced in the following month.
There were significant differences in the average prices for the major foreign markets. In July 2023, the country with the highest price was Zimbabwe ($17.5 per unit), while the average price for exports to Swaziland ($9.0 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Malawi (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.
Smoothing Iron Imports in South Africa
In 2022, overseas purchases of electric smoothing irons decreased by -0.1% to 3.3M units, falling for the second year in a row after two years of growth. Over the period under review, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 234%. As a result, imports reached the peak of 3.5M units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, smoothing iron imports amounted to $17M in 2022. In general, imports recorded a abrupt curtailment. Imports peaked at $24M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Smoothing Iron in South Africa (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 22.9 | 16.8 | 15.6 | 16.4 | -10.5% |
Others | 1.4 | 0.7 | 0.6 | 0.5 | -29.1% |
Total | 24.3 | 17.4 | 16.1 | 16.8 | -11.6% |
Top Suppliers of Smoothing Iron to South Africa in 2022:
- China (3.3M units)
Smoothing Iron Exports in South Africa
In 2022, shipments abroad of electric smoothing irons increased by 4.7% to 224K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, showed a precipitous decline. Over the period under review, the exports hit record highs at 663K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, smoothing iron exports reached $2.4M in 2022. In general, exports, however, continue to indicate a abrupt setback. The exports peaked at $3.1M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
Export of Smoothing Iron in South Africa (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Botswana | 1,064 | 780 | 619 | 692 | -13.4% |
Namibia | 692 | 327 | 505 | 523 | -8.9% |
Swaziland | 403 | 349 | 376 | 374 | -2.5% |
Lesotho | 228 | 165 | 166 | 183 | -7.1% |
Zambia | 183 | 106 | 142 | 149 | -6.6% |
Zimbabwe | 76.3 | 154 | 104 | 141 | 22.7% |
Malawi | 121 | 94.1 | 76.9 | 103 | -5.2% |
Mozambique | 119 | 89.2 | 74.7 | 76.9 | -13.5% |
Uganda | 43.6 | 28.5 | 51.1 | 19.2 | -23.9% |
Others | 141 | 103 | 149 | 158 | 3.9% |
Total | 3,071 | 2,196 | 2,263 | 2,419 | -7.6% |
Top Export Markets for Smoothing Iron from South Africa in 2022:
- Botswana (66.0K units)
- Namibia (48.0K units)
- Swaziland (41.1K units)
- Lesotho (25.1K units)
- Zambia (10.7K units)
- Malawi (10.2K units)
- Zimbabwe (7.8K units)
- Mozambique (5.7K units)
- Uganda (1.3K units)
This report provides an in-depth analysis of the smoothing iron market 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 27512370 - Electric smoothing irons
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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