SADC: Market for Electric Generating Sets And Rotary Converters 2024

Market Size for Electric Generating Sets And Rotary Converters in SADC

In 2021, the SADC market for electric generating sets and rotary converters decreased by X% to $X for the first time since 2018, thus ending a two-year rising trend. Overall, consumption showed a deep downturn. The level of consumption peaked at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Production of Electric Generating Sets And Rotary Converters in SADC

In value terms, production of electric generating sets and rotary converters reduced notably to $X in 2021 estimated in export price. Overall, production, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2020, and then shrank sharply in the following year.

Exports of Electric Generating Sets And Rotary Converters

Exports in SADC

After two years of growth, shipments abroad of electric generating sets and rotary converters decreased by X% to X units in 2021. Overall, exports showed a abrupt setback. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. As a result, the exports reached the peak of X units. From 2016 to 2021, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of electric generating sets and rotary converters dropped markedly to $X in 2021. Over the period under review, exports showed a drastic downturn. The growth pace was the most rapid in 2019 when exports increased by X% against the previous year. The level of export peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

South Africa dominates converters structure, accounting for X units, which was approx. X% of total exports in 2021. Democratic Republic of the Congo (X units) took a relatively small share of total exports.

From 2012 to 2021, average annual rates of growth with regard to electric generating set and rotary converter exports from South Africa stood at X%. At the same time, Democratic Republic of the Congo (X%) displayed positive paces of growth. Moreover, Democratic Republic of the Congo emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2021. From 2012 to 2021, the share of Democratic Republic of the Congo increased by X percentage points.

In value terms, South Africa ($X) remains the largest electric generating set and rotary converter supplier in SADC, comprising X% of total exports. The second position in the ranking was held by Democratic Republic of the Congo ($X), with an X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in South Africa stood at X%.

Export Prices by Country

In 2021, the export price in SADC amounted to $X per unit, with a decrease of X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of X%. The level of export peaked at $X per unit in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($X per unit), while South Africa stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Africa (X%).

Imports of Electric Generating Sets And Rotary Converters

Imports in SADC

After two years of growth, purchases abroad of electric generating sets and rotary converters decreased by X% to X units in 2021. Overall, imports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The volume of import peaked at X units in 2020, and then fell markedly in the following year.

In value terms, imports of electric generating sets and rotary converters dropped rapidly to $X in 2021. Over the period under review, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, imports of reached the peak figure at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

South Africa prevails in converters structure, amounting to X units, which was approx. X% of total imports in 2021. Democratic Republic of the Congo (X units) took a little share of total imports.

From 2012 to 2021, average annual rates of growth with regard to electric generating set and rotary converter imports into South Africa stood at X%. Democratic Republic of the Congo (X%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Democratic Republic of the Congo increased by X percentage points.

In value terms, the largest electric generating set and rotary converter importing markets in SADC were South Africa ($X) and Democratic Republic of the Congo ($X).

Among the main importing countries, Democratic Republic of the Congo, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

In 2021, the import price in SADC amounted to $X per unit, growing by X% against the previous year. Over the period under review, the import price continues to indicate slight growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Democratic Republic of the Congo ($X per unit), while South Africa totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Africa (X%).

Source: IndexBox Platform

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