SADC: Accumulator Market 2024

Accumulator Market Size in SADC

For the sixth consecutive year, the SADC accumulator market recorded growth in sales value, which increased by X% to $X in 2022. The total consumption indicated a temperate increase from 2012 to 2022: its value 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, consumption increased by X% against 2016 indices. The level of consumption peaked in 2022 and is expected to retain growth in the near future.

Accumulator Production in SADC

In value terms, accumulator production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Accumulator Exports

Exports in SADC

In 2022, shipments abroad of electric accumulators increased by X% to X units, rising for the fifth year in a row after two years of decline. Total exports indicated a strong increase from 2012 to 2022: its volume 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, exports increased by X% against 2017 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, accumulator exports soared to $X in 2022. Overall, exports continue to indicate a resilient expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

South Africa prevails in exports structure, resulting at X units, which was near X% of total exports in 2022. It was distantly followed by Zimbabwe (X units), constituting a X% share of total exports. Botswana (X units) and Tanzania (X units) followed a long way behind the leaders.

Exports from South Africa increased at an average annual rate of X% from 2012 to 2022. At the same time, Tanzania (X%) and Zimbabwe (X%) displayed positive paces of growth. Moreover, Tanzania emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2022. By contrast, Botswana (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of South Africa and Tanzania increased by X and X percentage points, respectively.

In value terms, South Africa ($X) remains the largest accumulator supplier in SADC, comprising X% of total exports. The second position in the ranking was taken by Zimbabwe ($X), with a X% share of total exports. It was followed by Botswana, with a X% share.

In South Africa, accumulator exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Zimbabwe (X% per year) and Botswana (X% per year).

Export Prices by Country

In 2022, the export price in SADC amounted to $X per unit, growing by X% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. Over the period under review, the export prices reached the maximum at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in Tanzania ($X per unit) and South Africa ($X per unit), while Zimbabwe ($X per unit) and Botswana ($X per unit) were amongst the lowest.

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

Accumulator Imports

Imports in SADC

In 2022, accumulator imports in SADC skyrocketed to X units, rising by X% against 2021. In general, imports enjoyed a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, accumulator imports surged to $X in 2022. Overall, imports recorded a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

South Africa dominates imports structure, accounting for X units, which was approx. X% of total imports in 2022. Mozambique (X units) ranks second in terms of the total imports with a X% share, followed by Tanzania (X%). Madagascar (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to accumulator imports into South Africa stood at X%. At the same time, Madagascar (X%), Mozambique (X%) and Tanzania (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. From 2012 to 2022, the share of Mozambique and South Africa increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported electric accumulators in SADC, comprising X% of total imports. The second position in the ranking was taken by Tanzania ($X), with a X% share of total imports. It was followed by Mozambique, with a X% share.

In South Africa, accumulator imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Tanzania (X% per year) and Mozambique (X% per year).

Import Prices by Country

The import price in SADC stood at $X per unit in 2022, declining by X% against the previous year. In general, the import price, however, continues to indicate mild growth. The most prominent rate of growth was recorded in 2021 an increase of X%. As a result, import price reached the peak level of $X per unit, and then fell in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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