SADC: Market for Hydraulic Cylinders And Systems 2024

Market Size for Hydraulic Cylinders And Systems in SADC

The SADC hydraulic cylinder and system market rose significantly to $X in 2022, with an increase of X% against the previous year. The total consumption indicated resilient 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, consumption decreased by X% against 2020 indices. The level of consumption peaked at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Production of Hydraulic Cylinders And Systems in SADC

In value terms, hydraulic cylinder and system production expanded remarkably to $X in 2022 estimated in export price. The total production indicated strong 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 decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2019 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Hydraulic Cylinders And Systems

Exports in SADC

In 2022, overseas shipments of hydraulic cylinders and systems increased by X% to X units, rising for the second consecutive year after two years of decline. Over the period under review, exports, however, recorded a pronounced shrinkage. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, hydraulic cylinder and system exports surged to $X in 2022. Total exports indicated temperate 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, exports increased by X% against 2020 indices. The growth pace was the most rapid in 2018 when exports increased by X%. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

South Africa was the main exporter of hydraulic cylinders and systems in SADC, with the volume of exports reaching X units, which was approx. X% of total exports in 2022. Namibia (X units) ranks second in terms of the total exports with a X% share, followed by Zambia (X%). Botswana (X units) took a relatively small share of total exports.

Exports from South Africa decreased at an average annual rate of X% from 2012 to 2022. At the same time, Namibia (X%) displayed positive paces of growth. Moreover, Namibia emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2022. By contrast, Botswana (X%) and Zambia (X%) illustrated a downward trend over the same period. While the share of Namibia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Zambia (X p.p.) and 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 ($X) remains the largest hydraulic cylinder and system supplier in SADC, comprising X% of total exports. The second position in the ranking was taken by Namibia ($X), with a X% share of total exports. It was followed by Zambia, with a X% share.

In South Africa, hydraulic cylinder and system exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Namibia (X% per year) and Zambia (X% per year).

Export Prices by Country

The export price in SADC stood at $X per unit in 2022, surging by X% against the previous year. Export price indicated a prominent expansion from 2012 to 2022: its price 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, hydraulic cylinder and system export price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2015 an increase of X%. The level of export peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

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

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

Imports of Hydraulic Cylinders And Systems

Imports in SADC

In 2022, supplies from abroad of hydraulic cylinders and systems increased by X% to X units, rising for the second year in a row after three years of decline. Over the period under review, imports, however, recorded a noticeable decrease. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. The volume of import peaked at X units in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, hydraulic cylinder and system imports skyrocketed to $X in 2022. Total imports indicated a perceptible 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 pace of growth was the most pronounced in 2013 when imports increased by X%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, South Africa (X units) represented the major importer of hydraulic cylinders and systems, generating X% of total imports. Democratic Republic of the Congo (X units) held the second position in the ranking, followed by Zambia (X units), Angola (X units), Mozambique (X units) and Namibia (X units). All these countries together took approx. X% share of total imports. Lesotho (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to hydraulic cylinder and system imports into South Africa stood at X%. At the same time, Lesotho (X%), Mozambique (X%), Namibia (X%), Angola (X%) and Democratic Republic of the Congo (X%) displayed positive paces of growth. Moreover, Lesotho emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2022. By contrast, Zambia (X%) illustrated a downward trend over the same period. Democratic Republic of the Congo (X p.p.), Mozambique (X p.p.), Angola (X p.p.), Lesotho (X p.p.) and Namibia (X p.p.) significantly strengthened its position in terms of the total imports, while South Africa saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported hydraulic cylinders and systems in SADC, comprising X% of total imports. The second position in the ranking was held by Democratic Republic of the Congo ($X), with a X% share of total imports. It was followed by Zambia, with a X% share.

From 2012 to 2022, the average annual growth rate of value in South Africa was relatively modest. In the other countries, the average annual rates were as follows: Democratic Republic of the Congo (X% per year) and Zambia (X% per year).

Import Prices by Country

The import price in SADC stood at $X per unit in 2022, rising by X% against the previous year. In general, the import price continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2018 when the import price increased by X% against the previous year. The level of import peaked in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was South Africa ($X per unit), while Lesotho ($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 more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :