SADC: Market for Non-Domestic Heat Exchange Units 2024

Market Size for Non-Domestic Heat Exchange Units in SADC

The SADC non-domestic heat exchange unit market fell to $X in 2022, which is down by X% against the previous year. In general, consumption continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Production of Non-Domestic Heat Exchange Units in SADC

In value terms, non-domestic heat exchange unit production reached $X in 2022 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

Exports of Non-Domestic Heat Exchange Units

Exports in SADC

In 2022, overseas shipments of non-domestic heat exchange units increased by X% to X units, rising for the second year in a row after two years of decline. In general, exports saw a strong expansion. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, the exports reached the peak of X units. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, non-domestic heat exchange unit exports soared to $X in 2022. Over the period under review, exports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

South Africa (X units) represented roughly X% of total exports in 2022.

South Africa was also the fastest-growing in terms of the non-domestic heat exchange units exports, with a CAGR of X% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) also remains the largest non-domestic heat exchange unit supplier in SADC.

In South Africa, non-domestic heat exchange unit exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in SADC stood at $X per unit in 2022, picking up by X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the export price increased by X% against the previous year. 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.

As there is only one major export destination, the average price level is determined by prices for South Africa.

From 2012 to 2022, the rate of growth in terms of prices for South Africa amounted to X% per year.

Imports of Non-Domestic Heat Exchange Units

Imports in SADC

In 2022, non-domestic heat exchange unit imports in SADC rose markedly to X units, with an increase of X% on 2021. Over the period under review, imports showed strong growth. The growth pace was the most rapid in 2013 when imports increased by X%. As a result, imports reached the peak of X units. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, non-domestic heat exchange unit imports contracted to $X in 2022. Total imports indicated a mild 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. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports attained the peak of $X, and then declined in the following year.

Imports by Country

South Africa prevails in imports structure, recording X units, which was approx. X% of total imports in 2022. It was distantly followed by Democratic Republic of the Congo (X units), comprising a X% share of total imports. Angola (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to non-domestic heat exchange unit imports into South Africa stood at X%. At the same time, Angola (X%) displayed positive paces of growth. Moreover, Angola emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2022. By contrast, Democratic Republic of the Congo (X%) illustrated a downward trend over the same period. While the share of Democratic Republic of the Congo (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of South Africa (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported non-domestic heat exchange units in SADC, comprising X% of total imports. The second position in the ranking was held by Angola ($X), with a X% share of total imports.

In South Africa, non-domestic heat exchange unit imports decreased by 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: Angola (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, which is down by X% against the previous year. In general, the import price continues to indicate a noticeable decline. The pace of growth appeared the most rapid in 2014 when the import price increased by X% against the previous year. The level of import peaked 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 Angola ($X per unit), while South Africa ($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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