SADC: Oxygen Market 2024

Oxygen Market Size in SADC

The SADC oxygen market expanded to $X in 2022, growing by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Oxygen Production in SADC

In value terms, oxygen production expanded modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Oxygen Exports

Exports in SADC

In 2022, oxygen exports in SADC shrank rapidly to X cubic meters, declining by X% on 2021. In general, exports saw a noticeable contraction. The growth pace was the most rapid in 2021 when exports increased by X%. Over the period under review, the exports attained the peak figure at X cubic meters in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, oxygen exports fell remarkably to $X in 2022. Overall, exports recorded a mild reduction. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X, and then shrank rapidly in the following year.

Exports by Country

South Africa dominates exports structure, recording X cubic meters, which was approx. X% of total exports in 2022. It was distantly followed by Zambia (X cubic meters), constituting a X% share of total exports. Zimbabwe (X cubic meters) and Mauritius (X cubic meters) followed a long way behind the leaders.

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

In South Africa, oxygen exports shrank 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: Zambia (X% per year) and Mauritius (X% per year).

Export Prices by Country

The export price in SADC stood at $X per cubic meter in 2022, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2017 when the export price increased by X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the near future.

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

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

Oxygen Imports

Imports in SADC

In 2022, approx. X cubic meters of oxygen were imported in SADC; which is down by X% on the previous year. In general, imports showed a mild slump. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of X cubic meters, and then fell significantly in the following year.

In value terms, oxygen imports dropped significantly to $X in 2022. Over the period under review, imports saw a slight reduction. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then fell notably in the following year.

Imports by Country

In 2022, Mozambique (X cubic meters), distantly followed by Botswana (X cubic meters), Swaziland (X cubic meters), Madagascar (X cubic meters), Zimbabwe (X cubic meters), Mauritius (X cubic meters), Namibia (X cubic meters) and South Africa (X cubic meters) were the key importers of oxygen, together constituting X% of total imports.

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

In value terms, Mozambique ($X) constitutes the largest market for imported oxygen in SADC, comprising X% of total imports. The second position in the ranking was taken by Mauritius ($X), with an X% share of total imports. It was followed by Botswana, with an X% share.

From 2012 to 2022, the average annual growth rate of value in Mozambique amounted to X%. In the other countries, the average annual rates were as follows: Mauritius (X% per year) and Botswana (X% per year).

Import Prices by Country

The import price in SADC stood at $X per cubic meter in 2022, picking up by X% against the previous year. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the import price increased by X%. The level of import peaked in 2022 and is expected to retain growth in years to come.

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 Mauritius ($X per cubic meter), while Botswana ($X per cubic meter) 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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