SADC: Snow Motor Vehicle Market 2024

Snow Motor Vehicle Market Size in SADC

In 2022, the SADC snow motor vehicle market increased by X% to $X, rising for the second consecutive year after two years of decline. Overall, consumption recorded a relatively flat trend pattern. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Snow Motor Vehicle Production in SADC

In value terms, snow motor vehicle production skyrocketed to $X in 2022 estimated in export price. In general, production continues to indicate a remarkable increase. The pace of growth appeared the most rapid in 2020 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Snow Motor Vehicle Exports

Exports in SADC

In 2022, overseas shipments of motor vehicles for travelling on snow or golf cars increased by X% to X units, rising for the second consecutive year after four years of decline. Overall, exports, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, snow motor vehicle exports surged to $X in 2022. Over the period under review, exports, however, faced a deep contraction. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

South Africa dominates exports structure, accounting for X units, which was near X% of total exports in 2022. Seychelles (X units) ranks second in terms of the total exports with an X% share, followed by Namibia (X%) and Democratic Republic of the Congo (X%). The following exporters - Malawi (X units) and Mauritius (X units) - each recorded a X% share of total exports.

Exports from South Africa decreased at an average annual rate of X% from 2012 to 2022. At the same time, Democratic Republic of the Congo (X%), Seychelles (X%), Malawi (X%) and Namibia (X%) displayed positive paces of growth. Moreover, Democratic Republic of the Congo emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2022. By contrast, Mauritius (X%) illustrated a downward trend over the same period. Seychelles (X p.p.), Namibia (X p.p.), Democratic Republic of the Congo (X p.p.) and Malawi (X p.p.) significantly strengthened its position in terms of the total exports, 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 ($X) remains the largest snow motor vehicle supplier in SADC, comprising X% of total exports. The second position in the ranking was taken by Seychelles ($X), with an X% share of total exports. It was followed by Mauritius, with a X% share.

In South Africa, snow motor vehicle exports decreased 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: Seychelles (X% per year) and Mauritius (X% per year).

Export Prices by Country

The export price in SADC stood at $X per unit in 2022, with an increase of X% against the previous year. Export price indicated a buoyant 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, snow motor vehicle export price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The level of export peaked in 2022 and is likely to see gradual growth in the near future.

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 Mauritius ($X per unit), while Namibia ($X per unit) was amongst the lowest.

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

Snow Motor Vehicle Imports

Imports in SADC

In 2022, purchases abroad of motor vehicles for travelling on snow or golf cars increased by X% to X units, rising for the second consecutive year after two years of decline. Over the period under review, imports, however, saw a perceptible reduction. The volume of import peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, snow motor vehicle imports soared to $X in 2022. In general, imports showed a relatively flat trend pattern. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

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 Seychelles (X units) and Mauritius (X units), together constituting a X% share of total imports. Angola (X units) followed a long way behind the leaders.

Imports into South Africa decreased at an average annual rate of X% from 2012 to 2022. At the same time, Seychelles (X%) and Mauritius (X%) displayed positive paces of growth. Moreover, Seychelles emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2022. By contrast, Angola (X%) illustrated a downward trend over the same period. Seychelles (X p.p.) and Mauritius (X p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported motor vehicles for travelling on snow or golf cars in SADC, comprising X% of total imports. The second position in the ranking was taken by Seychelles ($X), with an X% share of total imports. It was followed by Mauritius, with a X% share.

In South Africa, snow motor vehicle imports increased 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: Seychelles (X% per year) and Mauritius (X% per year).

Import Prices by Country

The import price in SADC stood at $X per unit in 2022, falling by X% against the previous year. Import price indicated a tangible increase 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, snow motor vehicle import price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2014 when the import price increased by X%. As a result, import price attained the peak level of $X per unit. From 2015 to 2022, the import prices failed to regain momentum.

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

Source: IndexBox Platform

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