SADC: Market for Belt Type Continuous-Action Elevators And Conveyors For Goods Or Materials 2024

Market Size for Belt Type Continuous-Action Elevators And Conveyors For Goods Or Materials in SADC

The SADC market for belt type continuous-action elevators and conveyors for goods or materials declined slightly to $X in 2022, reducing by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Production of Belt Type Continuous-Action Elevators And Conveyors For Goods Or Materials in SADC

In value terms, production of belt type continuous-action elevators and conveyors for goods or materials fell slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2017 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2018 to 2022, production of growth remained at a lower figure.

Exports of Belt Type Continuous-Action Elevators And Conveyors For Goods Or Materials

Exports in SADC

In 2022, shipments abroad of belt type continuous-action elevators and conveyors for goods or materials decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when exports increased by X%. As a result, the exports attained the peak of X units. From 2017 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of belt type continuous-action elevators and conveyors for goods or materials fell markedly to $X in 2022. Over the period under review, exports, however, recorded a mild expansion. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

South Africa dominates materials structure, accounting for X units, which was approx. X% of total exports in 2022. Mauritius (X units) followed a long way behind the leaders.

South Africa was also the fastest-growing in terms of the belt type continuous-action elevators and conveyors for goods or materials exports, with a CAGR of X% from 2012 to 2022. Mauritius (X%) illustrated a downward trend over the same period. South Africa (X p.p.) significantly strengthened its position in terms of the total exports, while Mauritius saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, South Africa ($X) remains the largest belt type continuous-action elevator and conveyor supplier in SADC, comprising X% of total exports. The second position in the ranking was held by Mauritius ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa amounted to X%.

Export Prices by Country

In 2022, the export price in SADC amounted to $X per unit, standing approx. at the previous year. In general, the export price showed mild growth. The growth pace was the most rapid in 2013 an increase of X%. As a result, the export price attained the peak level of $X per unit. From 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was South Africa ($X per unit), while Mauritius totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mauritius (X%).

Imports of Belt Type Continuous-Action Elevators And Conveyors For Goods Or Materials

Imports in SADC

In 2022, supplies from abroad of belt type continuous-action elevators and conveyors for goods or materials increased by X% to X units, rising for the third consecutive year after two years of decline. Overall, imports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2017 with an increase of X%. The volume of import peaked in 2022 and is expected to retain growth in the near future.

In value terms, imports of belt type continuous-action elevators and conveyors for goods or materials surged to $X in 2022. In general, imports saw a temperate expansion. The most prominent rate of growth was recorded in 2017 when imports increased by X%. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports of remained at a somewhat lower figure.

Imports by Country

Zimbabwe was the main importing country with an import of around X units, which reached X% of total imports. It was distantly followed by South Africa (X units), Madagascar (X units), Angola (X units), Democratic Republic of the Congo (X units) and Mozambique (X units), together comprising a X% share of total imports. Zambia (X units) took a relatively small share of total imports.

Imports into Zimbabwe increased at an average annual rate of X% from 2012 to 2022. At the same time, Madagascar (X%), Mozambique (X%), Angola (X%) and Zambia (X%) displayed positive paces of growth. Moreover, Madagascar emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2022. By contrast, South Africa (X%) and Democratic Republic of the Congo (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Zimbabwe, Madagascar, Democratic Republic of the Congo, Mozambique and Angola increased by X, X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest belt type continuous-action elevator and conveyor importing markets in SADC were Democratic Republic of the Congo ($X), South Africa ($X) and Zimbabwe ($X), with a combined X% share of total imports.

Zimbabwe, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in SADC amounted to $X per unit, with an increase of X% against the previous year. Overall, the import price, however, recorded a perceptible descent. The most prominent rate of growth was recorded in 2016 when the import price increased by X% against the previous year. Over the period under review, import prices attained the maximum at $X per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Democratic Republic of the Congo ($X per unit), while Madagascar ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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