SADC: Circuit Breaker Market 2024

Circuit Breaker Market Size in SADC

The SADC circuit breaker market contracted to $X in 2022, dropping by X% against the previous year. In general, consumption posted a remarkable increase. The level of consumption peaked at $X in 2021, and then fell in the following year.

Circuit Breaker Production in SADC

In value terms, circuit breaker production reduced modestly to $X in 2022 estimated in export price. Over the period under review, production, however, enjoyed a buoyant expansion. The growth pace was the most rapid in 2016 when the production volume increased by X%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Circuit Breaker Exports

Exports in SADC

In 2022, overseas shipments of automatic circuit breakers increased by X% to X units, rising for the third consecutive year after four years of decline. Total exports indicated mild growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2015 with an increase of X%. As a result, the exports attained the peak of X units. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, circuit breaker exports expanded markedly to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The level of export peaked in 2022 and is likely to see gradual growth in the immediate term.

Exports by Country

The biggest shipments were from South Africa (X units) and Lesotho (X units), together recording X% of total export.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Lesotho (with a CAGR of X%).

In value terms, South Africa ($X) and Lesotho ($X) appeared to be the countries with the highest levels of exports in 2022.

Among the main exporting countries, Lesotho, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The export price in SADC stood at $X per unit in 2022, approximately reflecting the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit, leveling off in the following year.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was South Africa ($X per unit), while Lesotho amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%).

Circuit Breaker Imports

Imports in SADC

Circuit breaker imports surged to X units in 2022, jumping by X% compared with 2021. The total import volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, circuit breaker imports rose sharply to $X in 2022. In general, imports, however, recorded a mild curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by X%. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

South Africa represented the major importer of automatic circuit breakers in SADC, with the volume of imports resulting at X units, which was approx. X% of total imports in 2022. It was distantly followed by Mozambique (X units), Angola (X units), Tanzania (X units) and Democratic Republic of the Congo (X units), together constituting a X% share of total imports. The following importers - Zimbabwe (X units) and Zambia (X units) - together made up X% of total imports.

Imports into South Africa increased at an average annual rate of X% from 2012 to 2022. At the same time, Tanzania (X%), Mozambique (X%), Zimbabwe (X%), Democratic Republic of the Congo (X%) and Zambia (X%) displayed positive paces of growth. Moreover, Tanzania emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2022. By contrast, Angola (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Mozambique, Democratic Republic of the Congo, South Africa and Tanzania increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported automatic circuit breakers in SADC, comprising X% of total imports. The second position in the ranking was taken by Mozambique ($X), with a X% share of total imports. It was followed by Angola, with a X% share.

From 2012 to 2022, the average annual growth rate of value in South Africa totaled X%. In the other countries, the average annual rates were as follows: Mozambique (X% per year) and Angola (X% per year).

Import Prices by Country

The import price in SADC stood at $X per unit in 2022, dropping by X% against the previous year. Overall, the import price saw a noticeable descent. The growth pace was the most rapid in 2021 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was South Africa ($X per unit), while Angola ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Zimbabwe (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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