Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in South Africa - 2024
Contents:
- Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in South Africa (CIF) - 2022
- Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in South Africa (FOB) - 2024
- Imports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in South Africa
- Exports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in South Africa
Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in South Africa (CIF) - 2022
The average import price for footwear; parts, outer soles and heels, of rubber or plasticses stood at $1,907 per ton in 2022, with an increase of 9.8% against the previous year. Overall, the import price, however, saw a abrupt contraction. The pace of growth was the most pronounced in 2021 when the average import price increased by 34%. The import price peaked at $3,902 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 Italy ($11,807 per ton), while the price for China stood at $1,567 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (-0.5%).
Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in South Africa (FOB) - 2024
The average export price for footwear; parts, outer soles and heels, of rubber or plasticses stood at $1,805 per ton in January 2024, picking up by 15% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.5%. The most prominent rate of growth was recorded in April 2023 an increase of 16% against the previous month. The export price peaked in January 2024.
There were significant differences in the average prices for the major foreign markets. In January 2024, the country with the highest price was Zambia ($4,074 per ton), while the average price for exports to Lesotho stood at $1,397 per ton.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Lesotho (+0.4%).
Imports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in South Africa
In 2022, overseas purchases of footwear; parts, outer soles and heels, of rubber or plasticses decreased by -33.1% to 2.6K tons, falling for the second consecutive year after two years of growth. In general, imports showed a abrupt descent. The most prominent rate of growth was recorded in 2020 with an increase of 26% against the previous year. As a result, imports reached the peak of 4.3K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of footwear; parts, outer soles and heels, of rubber or plasticses shrank notably to $5M in 2022. Overall, total imports indicated a notable expansion from 2019 to 2022: its value increased at an average annual rate of +2.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 23%. As a result, imports reached the peak of $6.8M, and then declined rapidly in the following year.
| Import of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.6 | 4.5 | 5.8 | 3.9 | 2.7% |
| Italy | 0.6 | 0.7 | 0.7 | 0.8 | 10.1% |
| Others | 0.4 | 0.3 | 0.3 | 0.3 | -9.1% |
| Total | 4.6 | 5.5 | 6.8 | 5.0 | 2.8% |
Top Suppliers of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics to South Africa in 2022:
- China (2497.1 tons)
- Italy (66.7 tons)
Exports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in South Africa
In 2022, after two years of decline, there was significant growth in overseas shipments of footwear; parts, outer soles and heels, of rubber or plasticses, when their volume increased by 18% to 898 tons. Over the period under review, exports, however, saw a deep contraction.
In value terms, exports of footwear; parts, outer soles and heels, of rubber or plasticses expanded markedly to $1.2M in 2022. The total export value increased at an average annual rate of +1.5% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 6.9% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in the immediate term.
| Export of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lesotho | 969 | 868 | 820 | 1,059 | 3.0% |
| Zambia | 1.1 | 53.4 | 82.1 | 86.7 | 328.8% |
| Mozambique | 85.2 | 72.5 | 32.5 | 1.5 | -74.0% |
| Others | 63.1 | 33.1 | 163 | 22.4 | -29.2% |
| Total | 1,118 | 1,027 | 1,098 | 1,169 | 1.5% |
Top Export Markets for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics from South Africa in 2022:
- Lesotho (879.8 tons)
- Zambia (14.4 tons)
- Mozambique (0.2 tons)
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