Africa: Market for Radiators for Central Heating (not Electrically Heated) 2024

Market Size for Radiators for Central Heating (not Electrically Heated) in Africa

The African non-electric central heating radiator market shrank to $X in 2022, which is down by X% against the previous year. Overall, consumption recorded a perceptible decrease. The most prominent rate of growth was recorded in 2019 when the market value increased by X% against the previous year. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Radiators for Central Heating (not Electrically Heated) in Africa

In value terms, non-electric central heating radiator production shrank slightly to $X in 2022 estimated in export price. In general, production showed a pronounced decrease. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Radiators for Central Heating (not Electrically Heated)

Exports in Africa

After two years of growth, shipments abroad of radiators for central heating (not electrically heated) decreased by X% to X units in 2022. Over the period under review, exports, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2018 when exports increased by X%. The volume of export peaked at X units in 2021, and then contracted rapidly in the following year.

In value terms, non-electric central heating radiator exports stood at $X in 2022. Overall, exports, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The level of export peaked in 2022 and is likely to continue growth in the immediate term.

Exports by Country

South Africa (X units) and Egypt (X units) were the key exporters of radiators for central heating (not electrically heated) in 2022, finishing at approx. X% and X% of total exports, respectively. Angola (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Algeria (X%). Botswana (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Egypt (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X) remains the largest non-electric central heating radiator supplier in Africa, comprising X% of total exports. The second position in the ranking was held by Egypt ($X), with an X% share of total exports. It was followed by Algeria, with an X% share.

From 2012 to 2022, the average annual growth rate of value in South Africa stood at X%. In the other countries, the average annual rates were as follows: Egypt (X% per year) and Algeria (X% per year).

Export Prices by Country

The export price in Africa stood at $X per unit in 2022, surging by X% against the previous year. In general, the export price, however, recorded a deep reduction. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, the export prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Botswana ($X per unit), while Angola ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Botswana (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Radiators for Central Heating (not Electrically Heated)

Imports in Africa

After two years of decline, purchases abroad of radiators for central heating (not electrically heated) increased by X% to X units in 2022. Overall, imports, however, saw a abrupt decline. The volume of import peaked at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, non-electric central heating radiator imports skyrocketed to $X in 2022. In general, imports, however, faced a deep setback. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Algeria was the key importer of radiators for central heating (not electrically heated) in Africa, with the volume of imports recording X units, which was approx. X% of total imports in 2022. It was distantly followed by Tunisia (X units), making up an X% share of total imports. The following importers - Morocco (X units), Egypt (X units) and Nigeria (X units) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to non-electric central heating radiator imports into Algeria stood at X%. At the same time, Morocco (X%) displayed positive paces of growth. Moreover, Morocco emerged as the fastest-growing importer imported in Africa, with a CAGR of X% from 2012-2022. By contrast, Egypt (X%), Tunisia (X%) and Nigeria (X%) illustrated a downward trend over the same period. While the share of Algeria (X p.p.), Morocco (X p.p.) and Egypt (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Tunisia (X p.p.) and Nigeria (X p.p.) displayed negative dynamics.

In value terms, Algeria ($X) constitutes the largest market for imported radiators for central heating (not electrically heated) in Africa, comprising X% of total imports. The second position in the ranking was taken by Tunisia ($X), with a X% share of total imports. It was followed by Morocco, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Algeria totaled X%. In the other countries, the average annual rates were as follows: Tunisia (X% per year) and Morocco (X% per year).

Import Prices by Country

The import price in Africa stood at $X per unit in 2022, with an increase of X% against the previous year. Import price indicated buoyant growth from 2012 to 2022: its price 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, non-electric central heating radiator import price decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2021 to 2022, the import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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