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Report SADC - Steering Wheels, Steering Columns and Steering Boxes - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update May 1, 2024

SADC - Steering Wheels, Steering Columns and Steering Boxes - Market Analysis, Forecast, Size, Trends and Insights

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SADC: Market for Steering Wheels, Steering Columns And Steering Boxes 2024

Exports of Steering Wheels, Steering Columns And Steering Boxes

Exports in SADC

In 2022, overseas shipments of steering wheels, steering columns and steering boxes decreased by -5.3% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports, however, saw buoyant growth. The pace of growth appeared the most rapid in 2021 with an increase of 114%. As a result, the exports reached the peak of X tons, and then fell in the following year.

In value terms, steering wheels and columns exports soared to $X in 2022. In general, exports recorded a deep downturn. The pace of growth appeared the most rapid in 2021 with an increase of 54% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, South Africa (X tons) represented the major exporter of steering wheels, steering columns and steering boxes in SADC, achieving 98% of total export.

South Africa was also the fastest-growing in terms of the steering wheels, steering columns and steering boxes exports, with a CAGR of +6.7% from 2012 to 2022. South Africa (+4.9 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) also remains the largest steering wheels and columns supplier in SADC.

In South Africa, steering wheels and columns exports shrank by an average annual rate of -5.3% over the period from 2012-2022.

Export Prices by Country

The export price in SADC stood at $X per ton in 2022, surging by 40% against the previous year. Overall, the export price, however, continues to indicate a deep slump. Over the period under review, the export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for South Africa.

From 2012 to 2022, the rate of growth in terms of prices for South Africa amounted to -11.3% per year.

Imports of Steering Wheels, Steering Columns And Steering Boxes

Imports in SADC

Steering wheels and columns imports expanded sharply to X tons in 2022, growing by 8.2% on the previous year. In general, imports recorded a prominent expansion. The most prominent rate of growth was recorded in 2017 when imports increased by 34%. The volume of import peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, steering wheels and columns imports rose modestly to $X in 2022. Total imports indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -4.0% against 2019 indices. The most prominent rate of growth was recorded in 2019 with an increase of 38%. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

South Africa prevails in imports structure, recording X tons, which was approx. 85% of total imports in 2022. Angola (X tons), Tanzania (X tons) and Zimbabwe (X tons) took a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to steering wheels and columns imports into South Africa stood at +6.4%. At the same time, Angola (+12.2%), Zimbabwe (+10.6%) and Tanzania (+3.0%) displayed positive paces of growth. Moreover, Angola emerged as the fastest-growing importer imported in SADC, with a CAGR of +12.2% from 2012-2022. While the share of Angola (+1.7 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported steering wheels, steering columns and steering boxes in SADC, comprising 88% of total imports. The second position in the ranking was taken by Angola ($X), with a 1.9% share of total imports. It was followed by Tanzania, with a 1.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa amounted to +4.8%. The remaining importing countries recorded the following average annual rates of imports growth: Angola (+2.2% per year) and Tanzania (+6.7% per year).

Import Prices by Country

The import price in SADC stood at $X per ton in 2022, waning by -4.9% against the previous year. Overall, the import price recorded a slight shrinkage. The pace of growth was the most pronounced in 2014 an increase of 17%. As a result, import price attained the peak level of $X per ton. 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 South Africa ($X per ton), while Angola ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tanzania (+3.6%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

South Africa remains the largest steering wheels and columns consuming country in SADC, accounting for 82% of total volume. Moreover, steering wheels and columns consumption in South Africa exceeded the figures recorded by the second-largest consumer, Angola, more than tenfold. The third position in this ranking was held by Tanzania, with a 2.9% share.
In value terms, South Africa remains the largest steering wheels and columns supplier in SADC.
In value terms, South Africa constitutes the largest market for imported steering wheels, steering columns and steering boxes in SADC, comprising 88% of total imports. The second position in the ranking was held by Angola, with a 1.9% share of total imports. It was followed by Tanzania, with a 1.5% share.
In 2022, the export price in SADC amounted to $8,122 per ton, with an increase of 40% against the previous year.
The import price in SADC stood at $11,315 per ton in 2022, dropping by -4.9% against the previous year.

This report provides an in-depth analysis of the market for steering wheels and columns in SADC. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 29323067 - Steering wheels, steering columns and steering boxes, parts thereof

Country coverage:

  • Angola
  • Botswana
  • Comoros
  • Democratic Republic of the Congo
  • Lesotho
  • Madagascar
  • Malawi
  • Mauritius
  • Mozambique
  • Namibia
  • Seychelles
  • South Africa
  • Swaziland
  • Tanzania
  • Zambia
  • Zimbabwe

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in SADC, split by region and country
  • Trade (exports and imports) in SADC
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Angola
    • Botswana
    • Comoros
    • Democratic Republic of the Congo
    • Lesotho
    • Madagascar
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Seychelles
    • South Africa
    • Swaziland
    • Tanzania
    • Zambia
    • Zimbabwe

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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