South Africa - Electric Heating Resistors - Market Analysis, Forecast, Size, Trends And Insights
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View PricingElectric Heating Resistor Price in South Africa - 2023
Contents:
- Electric Heating Resistor Price in South Africa (CIF) - 2023
- Electric Heating Resistor Price in South Africa (FOB) - 2022
- Electric Heating Resistor Imports in South Africa
- Electric Heating Resistor Exports in South Africa
Electric Heating Resistor Price in South Africa (CIF) - 2023
In July 2023, the average electric heating resistor import price amounted to $3.5 per unit, waning by -21.7% against the previous month. Overall, the import price, however, saw a perceptible increase. The pace of growth was the most pronounced in April 2023 an increase of 799% against the previous month. The import price peaked at $7.0 per unit in September 2022; however, from October 2022 to July 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Italy ($10.2 per unit), while the price for Turkey ($2.2 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Serbia (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Electric Heating Resistor Price in South Africa (FOB) - 2022
In 2022, the average electric heating resistor export price amounted to $0.2 per unit, which is down by -11% against the previous year. Over the last decade, it increased at an average annual rate of +2.4%. The pace of growth was the most pronounced in 2020 when the average export price increased by 13% against the previous year. The export price peaked at $0.2 per unit in 2021, and then fell in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Namibia ($0.3 per unit), while the average price for exports to Turkey (less than $0.1 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 Namibia (+15.9%), while the prices for the other major destinations experienced a decline.
Electric Heating Resistor Imports in South Africa
In 2022, approx. 575M units of electric heating resistors were imported into South Africa; with an increase of 50% on 2021. Overall, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, electric heating resistor imports expanded sharply to $32M in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +9.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 41% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Electric Heating Resistor in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 15.1 | 12.0 | 16.7 | 14.4 | -1.6% |
| Italy | 2.0 | 1.8 | 1.9 | 2.9 | 13.2% |
| Germany | 1.3 | 1.3 | 1.5 | 1.9 | 13.5% |
| Turkey | 0.2 | 0.7 | 1.0 | 1.4 | 91.3% |
| Others | 6.0 | 5.3 | 8.6 | 11.6 | 24.6% |
| Total | 24.5 | 21.0 | 29.7 | 32.1 | 9.4% |
Top Suppliers of Electric Heating Resistor to South Africa in 2022:
- China (406.3M units)
- Turkey (119.2M units)
- Italy (23.7M units)
- Germany (11.3M units)
Electric Heating Resistor Exports in South Africa
In 2022, overseas shipments of electric heating resistors were finally on the rise to reach 33M units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, showed a abrupt decrease. Over the period under review, the exports reached the maximum at 43M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, electric heating resistor exports rose remarkably to $6M in 2022. In general, exports, however, showed a abrupt decrease. The exports peaked at $7.1M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Electric Heating Resistor in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,165 | 1,110 | 1,695 | 1,423 | 6.9% |
| Zambia | 205 | 127 | 137 | 662 | 47.8% |
| Namibia | 1,181 | 853 | 927 | 647 | -18.2% |
| Netherlands | 318 | 527 | 499 | 595 | 23.2% |
| Botswana | 404 | 350 | 525 | 498 | 7.2% |
| Swaziland | 308 | 330 | 537 | 490 | 16.7% |
| Zimbabwe | 314 | 206 | 174 | 399 | 8.3% |
| Lesotho | 234 | 126 | 170 | 316 | 10.5% |
| Australia | 127 | 191 | 34.8 | 118 | -2.4% |
| Democratic Republic of the Congo | 192 | 81.6 | 107 | 91.2 | -22.0% |
| United Kingdom | 2,172 | 1,742 | 72.2 | 54.6 | -70.7% |
| Turkey | N/A | N/A | N/A | 10.0 | 0% |
| Others | 500 | 470 | 625 | 699 | 11.8% |
| Total | 7,119 | 6,114 | 5,503 | 6,004 | -5.5% |
Top Export Markets for Electric Heating Resistor from South Africa in 2022:
- Turkey (15.6M units)
- United States (4.2M units)
- Zambia (2.0M units)
- Namibia (1.9M units)
- Netherlands (1.8M units)
- Swaziland (1.5M units)
- Botswana (1.5M units)
- Zimbabwe (1.2M units)
- Lesotho (0.9M units)
- Australia (0.4M units)
- Democratic Republic of the Congo (0.3M units)
- United Kingdom (0.2M units)
This report provides an in-depth analysis of the electric heating resistor market in South Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 27512900 - Electric heating resistors (excluding of carbon)
Country coverage:
- South Africa
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in South Africa
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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