SADC: Pressure-Reducing Iron Valve Market 2024

Pressure-Reducing Iron Valve Market Size in SADC

The SADC pressure-reducing iron valve market expanded sharply to $X in 2022, increasing by X% against the previous year. The total consumption indicated a noticeable 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, consumption decreased by X% against 2020 indices. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Pressure-Reducing Iron Valve Production in SADC

In value terms, pressure-reducing iron valve production rose notably to $X in 2022 estimated in export price. Over the period under review, production recorded a resilient increase. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Pressure-Reducing Iron Valve Exports

Exports in SADC

In 2022, exports of pressure-reducing, control, check and safety valves in SADC stood at X units, approximately mirroring the previous year. Overall, exports, however, recorded a pronounced setback. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports attained the peak figure at X units in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, pressure-reducing iron valve exports contracted modestly to $X in 2022. Over the period under review, exports, however, saw a perceptible descent. 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 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

South Africa dominates exports structure, reaching X units, which was near X% of total exports in 2022. Angola (X units) held a minor share of total exports.

South Africa was also the fastest-growing in terms of the pressure-reducing, control, check and safety valves exports, with a CAGR of X% from 2012 to 2022. Angola (X%) illustrated a downward trend over the same period. While the share of Angola (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of South Africa (X p.p.) displayed negative dynamics.

In value terms, South Africa ($X) remains the largest pressure-reducing iron valve supplier in SADC, comprising X% of total exports. The second position in the ranking was taken by Angola ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in South Africa stood at X%.

Export Prices by Country

The export price in SADC stood at $X per unit in 2022, which is down by X% against the previous year. In general, the export price recorded a slight descent. The growth pace was the most rapid in 2021 an increase of X%. The level of export peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%).

Pressure-Reducing Iron Valve Imports

Imports in SADC

In 2022, the amount of pressure-reducing, control, check and safety valves imported in SADC reduced modestly to X units, approximately equating 2021 figures. Over the period under review, imports continue to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2014 when imports increased by X%. As a result, imports reached the peak of X units. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, pressure-reducing iron valve imports dropped to $X in 2022. Overall, imports continue to indicate a noticeable setback. The most prominent rate of growth was recorded in 2014 when imports increased by X%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, South Africa (X units) and Angola (X units) were the major importers of pressure-reducing, control, check and safety valves in SADC, together constituting X% of total imports. Mozambique (X units) ranks next in terms of the total imports with a X% share, followed by Namibia (X%), Zambia (X%), Zimbabwe (X%) and Mauritius (X%). Botswana (X units) held a relatively small share of total imports.

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

In value terms, South Africa ($X) constitutes the largest market for imported pressure-reducing, control, check and safety valves in SADC, comprising X% of total imports. The second position in the ranking was taken by Angola ($X), with a X% share of total imports. It was followed by Zimbabwe, with a X% share.

From 2012 to 2022, the average annual growth rate of value in South Africa amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: Angola (X% per year) and Zimbabwe (X% per year).

Import Prices by Country

The import price in SADC stood at $X per unit in 2022, declining by X% against the previous year. In general, the import price saw a slight curtailment. The pace of growth appeared the most rapid in 2016 an increase of X%. As a result, import price reached the peak level of $X per unit. From 2017 to 2022, the import prices remained 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 ($X per unit), while Mozambique ($X per unit) 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 more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :