SADC: Air Conditioning Machine Market 2024

Air Conditioning Machine Market Size in SADC

The SADC air conditioning machine market soared to $X in 2022, picking up by X% against the previous year. Overall, consumption saw a remarkable increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Air Conditioning Machine Production in SADC

In value terms, air conditioning machine production totaled $X in 2022 estimated in export price. The total production indicated a strong increase 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 most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Air Conditioning Machine Exports

Exports in SADC

In 2022, after three years of growth, there was significant decline in shipments abroad of non-window or wall air conditioning machines, when their volume decreased by X% to X units. In general, exports, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units, and then fell significantly in the following year.

In value terms, air conditioning machine exports soared to $X in 2022. Over the period under review, exports saw a mild slump. The most prominent rate of growth was recorded in 2013 when exports increased by X%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

South Africa (X units) and Zambia (X units) prevails in exports structure, together making up X% of total exports. It was distantly followed by Angola (X units), creating a X% share of total exports. Mauritius (X units), Tanzania (X units) and Mozambique (X units) held a little share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Zambia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

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

From 2012 to 2022, the average annual growth rate of value in South Africa was relatively modest. The remaining exporting countries recorded the following average annual rates of exports growth: Mauritius (X% per year) and Mozambique (X% per year).

Export Prices by Country

The export price in SADC stood at $X per unit in 2022, rising by X% against the previous year. In general, the export price, however, recorded a deep setback. 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 ($X per unit), while Tanzania ($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 a decline in the export price figures.

Air Conditioning Machine Imports

Imports in SADC

In 2022, purchases abroad of non-window or wall air conditioning machines increased by X% to X units, rising for the third consecutive year after three years of decline. In general, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, air conditioning machine imports reduced to $X in 2022. Over the period under review, imports, however, showed a abrupt descent. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Zambia (X units) and Angola (X units) were the key importers of non-window or wall air conditioning machines in SADC, together amounting to approx. X% of total imports. Zimbabwe (X units) ranks next in terms of the total imports with a X% share, followed by Tanzania (X%). The following importers - South Africa (X units), Democratic Republic of the Congo (X units) and Mozambique (X units) - together made up X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Democratic Republic of the Congo (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest air conditioning machine importing markets in SADC were South Africa ($X), Angola ($X) and Mozambique ($X), together comprising X% of total imports. Zambia, Democratic Republic of the Congo, Zimbabwe and Tanzania lagged somewhat behind, together accounting for a further X%.

Democratic Republic of the Congo, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in SADC stood at $X per unit in 2022, which is down by X% against the previous year. In general, the import price faced a sharp descent. The pace of growth appeared the most rapid in 2017 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2013; however, from 2014 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 South Africa ($X per unit), while Zambia ($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 a decline in the import price figures.

Source: IndexBox Platform

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