Price for Textile Machinery; Spinning Machines in South Africa - 2023
Contents:
- Price for Textile Machinery; Spinning Machines in South Africa (CIF) - 2022
- Price for Textile Machinery; Spinning Machines in South Africa (FOB) - 2022
- Imports of Textile Machinery; Spinning Machines in South Africa
- Exports of Textile Machinery; Spinning Machines in South Africa
Price for Textile Machinery; Spinning Machines in South Africa (CIF) - 2022
The average textile machinery; spinning machines import price stood at $14,915 per unit in 2022, picking up by 59% against the previous year. Over the period under review, the import price showed a tangible increase. The pace of growth appeared the most rapid in 2014 an increase of 496%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($40,582 per unit), while the price for New Zealand ($145 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+17.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Textile Machinery; Spinning Machines in South Africa (FOB) - 2022
In 2022, the average textile machinery; spinning machines export price amounted to $10,403 per unit, jumping by 215% against the previous year. Over the period under review, the export price continues to indicate a strong increase. The most prominent rate of growth was recorded in 2018 an increase of 539% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Egypt ($28,319 per unit), while the average price for exports to Swaziland ($4 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 Malawi (+53.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Textile Machinery; Spinning Machines in South Africa
Textile machinery; spinning machines imports into South Africa totaled 60 units in 2022, increasing by 1.7% against the previous year's figure. Over the period under review, imports, however, showed a significant decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 2.3%. As a result, imports attained the peak of 177 units. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, textile machinery; spinning machines imports soared to $895K in 2022. Overall, imports, however, recorded a deep contraction. Imports peaked at $1.2M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Textile Machinery; Spinning Machines in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,015 | 0.1 | 0.7 | 649 | -13.8% |
| France | N/A | N/A | N/A | 244 | 0% |
| Switzerland | N/A | N/A | N/A | 0.5 | 0% |
| New Zealand | 0.2 | N/A | 1.4 | 0.4 | 26.0% |
| United States | 0.2 | 0.1 | N/A | 0.3 | 14.5% |
| China | 37.0 | 0.9 | 0.7 | 0.3 | -79.9% |
| Japan | N/A | N/A | N/A | 0.2 | 0% |
| Vietnam | N/A | N/A | 549 | N/A | 0% |
| Taiwan (Chinese) | 146 | 58.4 | N/A | N/A | -60.0% |
| Czech Republic | N/A | 505 | N/A | N/A | 0% |
| Others | 0.9 | N/A | 0.2 | N/A | -52.9% |
| Total | 1,199 | 564 | 552 | 895 | -9.3% |
Top Suppliers of Textile Machinery; Spinning Machines to South Africa in 2022:
- France (37.0 units)
- Germany (16.0 units)
- New Zealand (3.0 units)
- United States (1.0 units)
- China (1.0 units)
- Switzerland (1.0 units)
- Japan (1.0 units)
Exports of Textile Machinery; Spinning Machines in South Africa
In 2022, approx. 6 units of textile machinery; spinning machineses were exported from South Africa; rising by 200% on the previous year's figure. Over the period under review, exports posted a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 550% against the previous year. As a result, the exports reached the peak of 13 units. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, textile machinery; spinning machines exports surged to $62K in 2022. Overall, exports recorded significant growth. The growth pace was the most rapid in 2020 with an increase of 1,346% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.
| Export of Textile Machinery; Spinning Machines in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | N/A | N/A | N/A | 28.3 | 0% |
| United States | N/A | N/A | N/A | 24.2 | 0% |
| Democratic Republic of the Congo | N/A | N/A | N/A | 6.6 | 0% |
| Malawi | N/A | N/A | N/A | 2.5 | 0% |
| Mozambique | 0.6 | N/A | N/A | 0.8 | 10.1% |
| Swaziland | 0.1 | N/A | N/A | N/A | 0% |
| Zimbabwe | N/A | 0.4 | N/A | N/A | 0% |
| Lesotho | N/A | 6.1 | N/A | N/A | 0% |
| Taiwan (Chinese) | N/A | N/A | 6.6 | N/A | 0% |
| Italy | N/A | 3.4 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.7 | 9.9 | 6.6 | 62.4 | 346.7% |
Top Export Markets for Textile Machinery; Spinning Machines from South Africa in 2022:
- Egypt (1.0 units)
- United States (1.0 units)
- Democratic Republic of the Congo (1.0 units)
- Mozambique (1.0 units)
- Swaziland (1.0 units)
- Malawi (1.0 units)
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