SADC: Market for Elevators and Conveyors other than Pneumatic, Belt- or Bucket-Type 2024

Market Size for Elevators and Conveyors other than Pneumatic, Belt- or Bucket-Type in SADC

In 2022, the SADC market for elevators and conveyors other than pneumatic, belt- or bucket-type increased by X% to $X for the first time since 2019, thus ending a two-year declining trend. In general, consumption posted a buoyant increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Elevators and Conveyors other than Pneumatic, Belt- or Bucket-Type in SADC

In value terms, production of elevators and conveyors other than pneumatic, belt- or bucket-type reached $X in 2022 estimated in export price. Over the period under review, production, however, saw a abrupt contraction. The pace of growth was the most pronounced in 2014 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production of growth failed to regain momentum.

Exports of Elevators and Conveyors other than Pneumatic, Belt- or Bucket-Type

Exports in SADC

In 2022, shipments abroad of elevators and conveyors other than pneumatic, belt- or bucket-type increased by X% to X units, rising for the second year in a row after two years of decline. Over the period under review, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of elevators and conveyors other than pneumatic, belt- or bucket-type soared to $X in 2022. Overall, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports of remained at a lower figure.

Exports by Country

South Africa prevails in bucket-type structure, finishing at X units, which was near X% of total exports in 2022. Zambia (X units), Madagascar (X units) and Botswana (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, Botswana (X%), Zambia (X%) and Madagascar (X%) displayed positive paces of growth. Moreover, Botswana emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2022. While the share of Zambia (X p.p.), South Africa (X p.p.), Botswana (X p.p.) and Madagascar (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest elevators and conveyors other than pneumatic, belt- or bucket-type supplier in SADC, comprising X% of total exports. The second position in the ranking was held by Zambia ($X), with a X% share of total exports. It was followed by Madagascar, with a X% share.

In South Africa, exports of elevators and conveyors other than pneumatic, belt- or bucket-type plunged by an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Zambia (X% per year) and Madagascar (X% per year).

Export Prices by Country

In 2022, the export price in SADC amounted to $X per unit, which is down by X% against the previous year. Overall, the export price continues to indicate a precipitous curtailment. The growth pace was the most rapid in 2017 an increase of X%. Over the period under review, the export prices reached 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 Zambia ($X per unit), while Botswana ($X per unit) was amongst the lowest.

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

Imports of Elevators and Conveyors other than Pneumatic, Belt- or Bucket-Type

Imports in SADC

In 2022, purchases abroad of elevators and conveyors other than pneumatic, belt- or bucket-type increased by X% to X units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports continue to indicate a strong expansion. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. The volume of import peaked at X units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of elevators and conveyors other than pneumatic, belt- or bucket-type skyrocketed to $X in 2022. In general, imports continue to indicate a moderate increase. The growth pace was the most rapid in 2019 when imports increased by X%. Over the period under review, imports of reached the peak figure at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, South Africa (X units) was the major importer of elevators and conveyors other than pneumatic, belt- or bucket-type, constituting X% of total imports. Tanzania (X units) ranks second in terms of the total imports with a X% share, followed by Mozambique (X%). The following importers - Democratic Republic of the Congo (X units), Zimbabwe (X units) and Mauritius (X units) - together made up X% of total imports.

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

In value terms, Tanzania ($X) constitutes the largest market for imported elevators and conveyors other than pneumatic, belt- or bucket-type in SADC, comprising X% of total imports. The second position in the ranking was taken by South Africa ($X), with a X% share of total imports. It was followed by Democratic Republic of the Congo, with a X% share.

In Tanzania, imports of elevators and conveyors other than pneumatic, belt- or bucket-type 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: South Africa (X% per year) and Democratic Republic of the Congo (X% per year).

Import Prices by Country

In 2022, the import price in SADC amounted to $X per unit, jumping by X% against the previous year. In general, the import price, however, faced a deep slump. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 ($X per unit), while South Africa ($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 a decline in the import price figures.

Source: IndexBox Platform

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