SADC: Escalator Market 2024

Escalator Market Size in SADC

The SADC escalator market was finally on the rise to reach $X in 2022, after two years of decline. The total consumption indicated a measured expansion 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. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Escalator Production in SADC

In value terms, escalator production fell to $X in 2022 estimated in export price. The total production indicated notable growth 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, production increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2015 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2016 to 2022, production growth remained at a lower figure.

Escalator Exports

Exports in SADC

In 2022, overseas shipments of escalators and moving WalkWays decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Overall, exports, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of X units, and then declined dramatically in the following year.

In value terms, escalator exports declined to $X in 2022. In general, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

South Africa represented the key exporter of escalators and moving WalkWays in SADC, with the volume of exports resulting at X units, which was approx. X% of total exports in 2022. Botswana (X units) held the second position in the ranking, distantly followed by Tanzania (X units). All these countries together took near X% share of total exports. The following exporters - Angola (X units), Mozambique (X units), Namibia (X units) and Swaziland (X units) - each recorded a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to escalator exports from South Africa stood at X%. At the same time, Botswana (X%) and Tanzania (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. Swaziland, Angola and Mozambique experienced a relatively flat trend pattern. By contrast, Namibia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Botswana, South Africa, Angola and Mozambique increased by X, X, X and X percentage points, respectively.

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

In South Africa, escalator exports expanded at 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: Tanzania (X% per year) and Botswana (X% per year).

Export Prices by Country

The export price in SADC stood at $X per unit in 2022, growing by X% against the previous year. Overall, the export price, however, saw a abrupt shrinkage. Over the period under review, the export prices hit record highs at $X per unit in 2013; however, from 2014 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 Tanzania ($X per unit), while Mozambique ($X per unit) was amongst the lowest.

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

Escalator Imports

Imports in SADC

Escalator imports skyrocketed to X units in 2022, with an increase of X% compared with the previous year. In general, imports continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. As a result, imports reached the peak of X units. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, escalator imports soared to $X in 2022. Over the period under review, imports, however, recorded a noticeable contraction. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, South Africa (X units) represented the largest importer of escalators and moving WalkWays, mixing up X% of total imports. It was distantly followed by Angola (X units) and Mozambique (X units), together committing a X% share of total imports. The following importers - Botswana (X units) and Democratic Republic of the Congo (X units) - together made up X% of total imports.

Imports into South Africa increased at an average annual rate of X% from 2012 to 2022. At the same time, Botswana (X%) displayed positive paces of growth. Moreover, Botswana emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2022. Mozambique experienced a relatively flat trend pattern. By contrast, Angola (X%) and Democratic Republic of the Congo (X%) illustrated a downward trend over the same period. South Africa (X p.p.), Botswana (X p.p.) and Democratic Republic of the Congo (X p.p.) significantly strengthened its position in terms of the total imports, while Mozambique and Angola saw its share reduced by X% and X% from 2012 to 2022, respectively.

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

From 2012 to 2022, the average annual rate of growth in terms of value in Angola totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: South Africa (X% per year) and Mozambique (X% per year).

Import Prices by Country

The import price in SADC stood at $X per unit in 2022, increasing by X% against the previous year. Overall, the import price, however, faced a deep reduction. The pace of growth appeared the most rapid in 2020 when the import price increased by X%. Over the period under review, import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a 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 Angola ($X per unit), while Botswana ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by 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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