South Africa: Non-Combined Refrigerator-Freezer Market 2024

Non-Combined Refrigerator-Freezer Market Size in South Africa

The South African non-combined refrigerator-freezer market dropped to $X in 2022, which is down by X% against the previous year. In general, consumption, however, recorded a relatively flat trend pattern. Non-combined refrigerator-freezer consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Non-Combined Refrigerator-Freezer Production in South Africa

In value terms, non-combined refrigerator-freezer production fell to $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Non-Combined Refrigerator-Freezer Exports

Exports from South Africa

Non-combined refrigerator-freezer exports from South Africa rose rapidly to X units in 2022, growing by X% against the previous year's figure. The total export volume 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 pace of growth appeared the most rapid in 2020 with an increase of X%. Over the period under review, the exports hit record highs at X units in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, non-combined refrigerator-freezer exports surged to $X in 2022. Over the period under review, exports showed a relatively flat trend pattern. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Zambia (X units), Zimbabwe (X units) and Botswana (X units) were the main destinations of non-combined refrigerator-freezer exports from South Africa, together comprising X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Zimbabwe (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for non-combined refrigerator-freezer exported from South Africa were Zambia ($X), Botswana ($X) and Namibia ($X), with a combined X% share of total exports. Mozambique, Zimbabwe, Malawi, Lesotho and Swaziland lagged somewhat behind, together comprising a further X%.

Zimbabwe, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average non-combined refrigerator-freezer export price stood at $X per unit in 2022, surging by X% against the previous year. Overall, the export price, however, showed a perceptible reduction. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Namibia ($X per unit), while the average price for exports to Zimbabwe ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malawi (X%), while the prices for the other major destinations experienced a decline.

Non-Combined Refrigerator-Freezer Imports

Imports into South Africa

Non-combined refrigerator-freezer imports into South Africa fell significantly to X units in 2022, with a decrease of X% on the previous year. Overall, imports saw a mild curtailment. The most prominent rate of growth was recorded in 2015 when imports increased by X%. As a result, imports attained the peak of X units. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, non-combined refrigerator-freezer imports shrank to $X in 2022. Over the period under review, imports recorded a mild downturn. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest non-combined refrigerator-freezer supplier to South Africa, with a X% share of total imports. Moreover, non-combined refrigerator-freezer imports from China exceeded the figures recorded by the second-largest supplier, Swaziland (X units), fivefold. The third position in this ranking was taken by Poland (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Swaziland (X% per year) and Poland (X% per year).

In value terms, China ($X) constituted the largest supplier of household refrigerators and freezers (not combined) to South Africa, comprising X% of total imports. The second position in the ranking was held by Swaziland ($X), with a X% share of total imports. It was followed by Poland, with an X% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Swaziland (X% per year) and Poland (X% per year).

Import Prices by Country

The average non-combined refrigerator-freezer import price stood at $X per unit in 2022, growing by X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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