SADC: Domestic Electro-Thermic Appliances Market 2024

Domestic Electro-Thermic Appliances Market Size in SADC

The SADC domestic electro-thermic appliances market rose slightly to $X in 2022, picking up by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The level of consumption peaked in 2022 and is likely to see gradual growth in the immediate term.

Domestic Electro-Thermic Appliances Production in SADC

In value terms, domestic electro-thermic appliances production fell slightly to $X in 2022 estimated in export price. In general, production, however, continues to indicate a deep downturn. The growth pace was the most rapid in 2015 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Domestic Electro-Thermic Appliances Exports

Exports in SADC

In 2022, shipments abroad of domestic electro-thermic appliances increased by X% to X units, rising for the second consecutive year after three years of decline. Total exports indicated a temperate increase 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 2020 indices. The pace of growth appeared the most rapid in 2013 with an increase of X%. The volume of export peaked at X units in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, domestic electro-thermic appliances exports totaled $X in 2022. In general, exports, however, recorded a pronounced curtailment. The growth pace was the most rapid in 2021 when exports increased by X%. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The shipments of the one major exporters of domestic electro-thermic appliances, namely South Africa, represented more than two-thirds of total export.

South Africa was also the fastest-growing in terms of the domestic electro-thermic appliances exports, with a CAGR of X% from 2012 to 2022. From 2012 to 2022, the share of South Africa increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) also remains the largest domestic electro-thermic appliances supplier in SADC.

In South Africa, domestic electro-thermic appliances exports plunged by an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in SADC stood at $X per unit in 2022, approximately equating the previous year. Over the period under review, the export price showed a perceptible curtailment. The most prominent rate of growth was recorded in 2018 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for South Africa.

From 2012 to 2022, the rate of growth in terms of prices for South Africa amounted to X% per year.

Domestic Electro-Thermic Appliances Imports

Imports in SADC

In 2022, the amount of domestic electro-thermic appliances imported in SADC declined to X units, falling by X% compared with 2021 figures. Overall, imports recorded a slight curtailment. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. The volume of import peaked at X units in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, domestic electro-thermic appliances imports reduced slightly to $X in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X, leveling off in the following year.

Imports by Country

South Africa dominates imports structure, resulting at X units, which was approx. X% of total imports in 2022. Tanzania (X units), Botswana (X units), Mauritius (X units), Mozambique (X units), Namibia (X units) and Madagascar (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to domestic electro-thermic appliances imports into South Africa stood at X%. At the same time, Madagascar (X%), Tanzania (X%), Mauritius (X%) and Mozambique (X%) displayed positive paces of growth. Moreover, Madagascar emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2022. Namibia experienced a relatively flat trend pattern. By contrast, Botswana (X%) illustrated a downward trend over the same period. Tanzania (X p.p.) significantly strengthened its position in terms of the total imports, while South Africa saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported domestic electro-thermic appliances in SADC, comprising X% of total imports. The second position in the ranking was taken by Mauritius ($X), with a X% share of total imports. It was followed by Namibia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: Mauritius (X% per year) and Namibia (X% per year).

Import Prices by Country

In 2022, the import price in SADC amounted to $X per unit, jumping by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2021 an increase of X%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Namibia ($X per unit), while South Africa ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :