Price for Railway or Tramway Track Constructions of Iron or Steel in South Africa - 2024

Contents:

1. Price for Railway or Tramway Track Constructions of Iron or Steel in South Africa (CIF) - 2022
2. Price for Railway or Tramway Track Constructions of Iron or Steel in South Africa (FOB) - 2022
3. Imports of Railway or Tramway Track Constructions of Iron or Steel in South Africa
4. Exports of Railway or Tramway Track Constructions of Iron or Steel in South Africa

Price for Railway or Tramway Track Constructions of Iron or Steel in South Africa (CIF) - 2022

The average import price for railway or tramway track constructions of iron or steel stood at $985 per ton in 2022, rising by 2.2% against the previous year. In general, the import price, however, continues to indicate a noticeable slump. The growth pace was the most rapid in 2019 an increase of 28%. The import price peaked at $1,333 per ton in 2012; however, from 2013 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 China ($1,134 per ton), while the price for Belgium ($650 per ton) was amongst the lowest.

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

Price for Railway or Tramway Track Constructions of Iron or Steel in South Africa (FOB) - 2022

The average export price for railway or tramway track constructions of iron or steel stood at $2,565 per ton in 2022, declining by -4% against the previous year. In general, the export price, however, continues to indicate a measured expansion. The growth pace was the most rapid in 2017 when the average export price increased by 78% against the previous year. Over the period under review, the average export prices reached the maximum at $3,153 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ghana ($7,116 per ton), while the average price for exports to Zambia ($1,389 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Pakistan (+34.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Railway or Tramway Track Constructions of Iron or Steel in South Africa

In 2022, imports of railway or tramway track constructions of iron or steel into South Africa dropped markedly to 13K tons, which is down by -52.1% against the previous year. Over the period under review, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 381%. As a result, imports reached the peak of 28K tons, and then shrank markedly in the following year.

In value terms, imports of railway or tramway track constructions of iron or steel declined markedly to $13M in 2022. Overall, imports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 269%. As a result, imports attained the peak of $27M, and then contracted dramatically in the following year.

Top Suppliers of Railway or Tramway Track Constructions of Iron or Steel to South Africa in 2022:

1. France (6.0K tons)
2. Austria (5.5K tons)
3. China (1.3K tons)

Exports of Railway or Tramway Track Constructions of Iron or Steel in South Africa

In 2022, approx. 4.6K tons of railway or tramway track constructions of iron or steel were exported from South Africa; waning by -5.3% compared with the previous year. Overall, exports, however, saw a buoyant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 86%. As a result, the exports reached the peak of 4.8K tons, and then fell in the following year.

In value terms, exports of railway or tramway track constructions of iron or steel fell to $12M 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 +17.7% 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 +63.1% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 58% against the previous year. As a result, the exports attained the peak of $13M, and then reduced in the following year.

Top Export Markets for Railway or Tramway Track Constructions of Iron or Steel from South Africa in 2022:

1. Namibia (1342.2 tons)
2. Zimbabwe (1145.4 tons)
3. Mozambique (982.9 tons)
4. Guinea (328.6 tons)
5. Zambia (195.1 tons)
6. Swaziland (152.8 tons)
7. Ghana (115.1 tons)
8. Botswana (111.6 tons)
9. Malawi (87.0 tons)
10. Democratic Republic of the Congo (62.1 tons)

Source: IndexBox Market Intelligence Platform