South Africa - Base Metal Padlocks - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBase Metal Padlock Price in South Africa - 2023
Contents:
- Base Metal Padlock Price in South Africa (CIF) - 2023
- Base Metal Padlock Price in South Africa (FOB) - 2023
- Base Metal Padlock Imports in South Africa
- Base Metal Padlock Exports in South Africa
Base Metal Padlock Price in South Africa (CIF) - 2023
In July 2023, the average base metal padlock import price amounted to $2,198 per ton, shrinking by -19.8% against the previous month. In general, the import price continues to indicate a pronounced contraction. The pace of growth was the most pronounced in October 2022 an increase of 79% month-to-month. The import price peaked at $4,872 per ton in August 2022; however, from September 2022 to July 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was China ($1,852 per ton), while the price for India totaled $496 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by China (-3.1%).
Base Metal Padlock Price in South Africa (FOB) - 2023
The average base metal padlock export price stood at $9,677 per ton in July 2023, increasing by 80% against the previous month. In general, the export price, however, saw a slight descent. Over the period under review, the average export prices reached the maximum at $11,875 per ton in November 2022; however, from December 2022 to July 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Zimbabwe ($55,468 per ton), while the average price for exports to Lesotho ($2,675 per ton) 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 Zimbabwe (+26.6%), while the prices for the other major destinations experienced more modest paces of growth.
Base Metal Padlock Imports in South Africa
In 2022, approx. 5.1K tons of base metal padlocks were imported into South Africa; picking up by 12% on the previous year's figure. The total import volume increased at an average annual rate of +3.6% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, base metal padlock imports dropped to $15M in 2022. Overall, imports, however, showed a perceptible decrease. The growth pace was the most rapid in 2021 when imports increased by 38%.
Import of Base Metal Padlock in South Africa (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 11.6 | 8.5 | 12.2 | 10.9 | -2.1% |
India | 0.9 | 1.1 | 1.1 | 1.3 | 13.0% |
Others | 3.4 | 1.8 | 2.6 | 2.8 | -6.3% |
Total | 15.9 | 11.4 | 15.8 | 15.0 | -1.9% |
Top Suppliers of Base Metal Padlock to South Africa in 2022:
- China (4.5K tons)
- India (0.5K tons)
Base Metal Padlock Exports in South Africa
In 2022, the amount of base metal padlocks exported from South Africa expanded sharply to 540 tons, picking up by 6.7% against 2021. The total export volume increased at an average annual rate of +1.6% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 14% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, base metal padlock exports expanded rapidly to $4.8M in 2022. Over the period under review, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +7.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +50.9% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 42% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
Export of Base Metal Padlock in South Africa (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Namibia | 1,081 | 889 | 1,253 | 1,227 | 4.3% |
Swaziland | 399 | 272 | 404 | 672 | 19.0% |
Mozambique | 454 | 333 | 362 | 482 | 2.0% |
Botswana | 437 | 399 | 488 | 436 | -0.1% |
Zimbabwe | 216 | 239 | 293 | 312 | 13.0% |
Zambia | 214 | 152 | 315 | 287 | 10.3% |
Lesotho | 220 | 269 | 358 | 180 | -6.5% |
Malawi | 92.5 | 100 | 25.4 | 58.6 | -14.1% |
Others | 795 | 531 | 1,008 | 1,149 | 13.1% |
Total | 3,909 | 3,183 | 4,507 | 4,803 | 7.1% |
Top Export Markets for Base Metal Padlock from South Africa in 2022:
- Namibia (139.7 tons)
- Swaziland (132.7 tons)
- Zimbabwe (74.4 tons)
- Botswana (55.5 tons)
- Zambia (31.9 tons)
- Mozambique (24.6 tons)
- Lesotho (20.5 tons)
- Malawi (9.8 tons)
This report provides an in-depth analysis of the base metal padlock 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 25721130 - Base metal padlocks
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
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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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