South Africa - Thermostats - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingThermostat Price in South Africa - 2023
Contents:
- Thermostat Price in South Africa (CIF) - 2023
- Thermostat Price in South Africa (FOB) - 2022
- Thermostat Imports in South Africa
- Thermostat Exports in South Africa
Thermostat Price in South Africa (CIF) - 2023
In July 2023, the average thermostat import price amounted to $2.3 per unit, falling by -37.9% against the previous month. Overall, the import price recorded a perceptible curtailment. The pace of growth was the most pronounced in June 2023 an increase of 164% against the previous month. Over the period under review, average import prices hit record highs at $7.0 per unit in December 2022; however, from January 2023 to July 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was France ($9.2 per unit), while the price for Italy ($965 per thousand units) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by France (+12.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Thermostat Price in South Africa (FOB) - 2022
The average thermostat export price stood at $22 per unit in 2022, declining by -41.6% against the previous year. Over the period under review, the export price continues to indicate a pronounced decrease. The pace of growth was the most pronounced in 2021 an increase of 64% against the previous year. Over the period under review, the average export prices hit record highs at $39 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($32 per unit), while the average price for exports to Swaziland ($5.9 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 Turkey (+15.4%), while the prices for the other major destinations experienced more modest paces of growth.
Thermostat Imports in South Africa
In 2022, supplies from abroad of thermostats decreased by -16.1% to 4.6M units for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 19% against the previous year. As a result, imports reached the peak of 5.4M units, and then contracted dramatically in the following year.
In value terms, thermostat imports stood at $17M in 2022. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 13% against the previous year. Imports peaked at $17M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Thermostat in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.2 | 5.0 | 7.0 | 6.6 | 8.3% |
| Italy | 3.6 | 2.9 | 3.3 | 3.0 | -5.9% |
| Germany | 1.5 | 1.1 | 1.3 | 1.5 | 0.0% |
| France | 0.8 | 0.5 | 0.8 | 1.0 | 7.7% |
| Czech Republic | 1.8 | 1.9 | 1.0 | 0.9 | -20.6% |
| Israel | N/A | N/A | N/A | 0.8 | 0% |
| Turkey | 0.1 | 0.1 | 0.2 | 0.3 | 44.2% |
| Others | 4.0 | 3.2 | 3.0 | 2.7 | -12.3% |
| Total | 17.0 | 14.7 | 16.6 | 16.8 | -0.4% |
Top Suppliers of Thermostat to South Africa in 2022:
- China (2916.2K units)
- Italy (501.0K units)
- France (401.1K units)
- Czech Republic (154.8K units)
- Israel (132.2K units)
- Turkey (111.2K units)
- Germany (59.5K units)
Thermostat Exports in South Africa
In 2022, approx. 84K units of thermostats were exported from South Africa; reducing by -45.8% on the year before. Overall, exports, however, enjoyed a temperate increase. The pace of growth was the most pronounced in 2021 with an increase of 117%. As a result, the exports attained the peak of 155K units, and then dropped significantly in the following year.
In value terms, thermostat exports declined significantly to $1.8M in 2022. In general, exports, however, enjoyed a noticeable increase. The pace of growth appeared the most rapid in 2021 when exports increased by 256%. As a result, the exports attained the peak of $5.7M, and then shrank dramatically in the following year.
| Export of Thermostat in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Botswana | 232 | 239 | 327 | 325 | 11.9% |
| Namibia | 352 | 212 | 260 | 231 | -13.1% |
| Zimbabwe | 92.9 | 116 | 152 | 200 | 29.1% |
| Zambia | 161 | 176 | 186 | 159 | -0.4% |
| Swaziland | 116 | 100 | 128 | 110 | -1.8% |
| Mozambique | 142 | 87.1 | 111 | 84.9 | -15.8% |
| United Kingdom | 8.4 | 31.2 | 61.0 | 65.7 | 98.5% |
| Lesotho | 42.9 | 21.5 | 43.1 | 63.0 | 13.7% |
| Malawi | 15.9 | 13.3 | 44.7 | 18.3 | 4.8% |
| China | 17.4 | 9.6 | 3,988 | 4.4 | -36.8% |
| Others | 427 | 607 | 449 | 561 | 9.5% |
| Total | 1,608 | 1,613 | 5,748 | 1,822 | 4.3% |
Top Export Markets for Thermostat from South Africa in 2022:
- Swaziland (18.6K units)
- Botswana (17.7K units)
- Namibia (15.2K units)
- Zambia (7.8K units)
- Zimbabwe (7.1K units)
- Lesotho (3.7K units)
- Mozambique (2.9K units)
- United Kingdom (2.0K units)
- Malawi (1.4K units)
- China (0.1K units)
This report provides an in-depth analysis of the thermostat 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 26517015 - Electronic thermostats
- Prodcom 26517019 - Non-electronic thermostats
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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
402
This report provides an in-depth analysis of the thermostat market in South Africa.
303
This report provides an in-depth analysis of the hydraulic automatic regulators market in South Africa.
266
This report provides an in-depth analysis of the manostat market in South Africa.
445
This report provides an in-depth analysis of the styrene-acrylonitrile market in South Africa.
293
This report provides an in-depth analysis of the styrene-acrylonitrile copolymers market in South Africa.
478
This report provides an in-depth analysis of the trichloroethylene and tetrachloroethylene market in South Africa.
302
This report provides an in-depth analysis of the vinyl chloride market in South Africa.
100
This report provides an in-depth analysis of the market for unsaturated chlorinated derivatives of acyclic hydrocarbons (excluding vinyl chloride, trichloroethylene, tetrachloroethylene) in South Africa.
1317
This report provides an in-depth analysis of the global thermostat market.
406
This report provides an in-depth analysis of the global hydraulic automatic regulators market.
242
Thermostat imports reached a peak of 825K units in May 2023. However, from June 2023 to July 2023, imports remained at a lower figure. In terms of value, thermostat imports soared to $1.4M in July 2023.
53
Global thermostat market is expected to show consistent growth over the next seven years, with anticipated increases in both volume and value. Key consuming and producing countries, as well as import and export trends, are analyzed.
165
Explore the top import markets for thermostats and their key statistics. Learn about the countries leading in the import of thermostats, backed by data from IndexBox market intelligence platform.
873
Global thermostat imports amounted to X tons in 2016, increasing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to 2016- th...
694
Global thermostat imports amounted to X tons in 2016, increasing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to 2016- th...
66
Explore the top import markets for vinyl chloride around the world, including China, Colombia, Vietnam, India, and others. Learn about the key players driving the demand for PVC.
242
Thermostat imports reached a peak of 825K units in May 2023. However, from June 2023 to July 2023, imports remained at a lower figure. In terms of value, thermostat imports soared to $1.4M in July 2023.
53
Global thermostat market is expected to show consistent growth over the next seven years, with anticipated increases in both volume and value. Key consuming and producing countries, as well as import and export trends, are analyzed.
165
Explore the top import markets for thermostats and their key statistics. Learn about the countries leading in the import of thermostats, backed by data from IndexBox market intelligence platform.
873
Global thermostat imports amounted to X tons in 2016, increasing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to 2016- th...
