Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in South Africa - 2023

Contents:

1. Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in South Africa (CIF) - 2022
2. Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in South Africa (FOB) - 2022
3. Imports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in South Africa
4. Exports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in South Africa

Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in South Africa (CIF) - 2022

In 2022, the average import price for machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses amounted to $1,014 per unit, declining by -38% against the previous year. Over the period under review, the import price recorded a slight curtailment. The most prominent rate of growth was recorded in 2021 when the average import price increased by 315%. The import price peaked at $2,094 per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($6,147 per unit), while the price for the Netherlands ($82 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+300.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in South Africa (FOB) - 2022

In 2022, the average export price for machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses amounted to $991 per unit, falling by -66.5% against the previous year. In general, the export price continues to indicate a perceptible downturn. The pace of growth appeared the most rapid in 2015 when the average export price increased by 267% against the previous year. The export price peaked at $2,957 per unit in 2021, and then reduced rapidly in the following year.

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 Namibia ($1,702 per unit), while the average price for exports to the United States ($153 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 the UK (+206.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in South Africa

In 2022, supplies from abroad of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses was finally on the rise to reach 67 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a deep setback. Imports peaked at 99 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses expanded remarkably to $68K in 2022. In general, imports, however, showed a dramatic decline. The pace of growth appeared the most rapid in 2021 when imports increased by 113% against the previous year. Over the period under review, imports of reached the maximum at $207K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Top Suppliers of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices to South Africa in 2022:

1. Netherlands (19.0 units)
2. China (17.0 units)
3. United States (15.0 units)
4. India (10.0 units)
5. Spain (4.0 units)
6. Germany (2.0 units)

Exports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in South Africa

In 2022, exports of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses from South Africa contracted dramatically to 39 units, shrinking by -48% against 2021 figures. In general, exports, however, continue to indicate strong growth. The pace of growth appeared the most rapid in 2021 when exports increased by 971% against the previous year. As a result, the exports reached the peak of 75 units, and then declined dramatically in the following year.

In value terms, exports of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses dropped remarkably to $39K in 2022. Overall, exports recorded a precipitous setback. The most prominent rate of growth was recorded in 2021 when exports increased by 1,581% against the previous year. As a result, the exports attained the peak of $222K, and then contracted rapidly in the following year.

Top Export Markets for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices from South Africa in 2022:

1. Namibia (14.0 units)
2. Botswana (9.0 units)
3. Nigeria (7.0 units)
4. Cote d'Ivoire (2.0 units)
5. United States (1.0 units)
6. United Kingdom (1.0 units)
7. Swaziland (1.0 units)

Source: IndexBox Market Intelligence Platform