SADC: Vacuum Pump Market 2024

Vacuum Pump Market Size in SADC

After three years of decline, the SADC vacuum pump market increased by X% to $X in 2022. In general, consumption, however, continues to indicate a strong increase. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Vacuum Pump Production in SADC

In value terms, vacuum pump production declined to $X in 2022 estimated in export price. Overall, production, however, posted notable growth. The most prominent rate of growth was recorded in 2015 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Vacuum Pump Exports

Exports in SADC

In 2022, shipments abroad of vacuum pumps increased by X% to X units, rising for the third year in a row after three years of decline. Over the period under review, exports, however, saw a noticeable downturn. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, vacuum pump exports stood at $X in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

South Africa represented the main exporter of vacuum pumps in SADC, with the volume of exports reaching X units, which was approx. X% of total exports in 2022. It was distantly followed by Democratic Republic of the Congo (X units), mixing up a X% share of total exports. Angola (X units) 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, Democratic Republic of the Congo (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, Angola (X%) illustrated a downward trend over the same period. Democratic Republic of the Congo (X p.p.) and Angola (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.

In value terms, South Africa ($X) remains the largest vacuum pump supplier in SADC, comprising X% of total exports. The second position in the ranking was held by Angola ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in South Africa was relatively modest. In the other countries, the average annual rates were as follows: Angola (X% per year) and Democratic Republic of the Congo (X% per year).

Export Prices by Country

In 2022, the export price in SADC amounted to $X per unit, surging by X% against the previous year. Export price indicated a moderate 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, vacuum pump export price decreased by X% against 2018 indices. The most prominent rate of growth was recorded in 2013 an increase of X%. Over the period under review, the export prices reached the peak figure 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 Angola ($X per unit), while Democratic Republic of the Congo ($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 mixed trends in the export price figures.

Vacuum Pump Imports

Imports in SADC

In 2022, the amount of vacuum pumps imported in SADC skyrocketed to X units, rising by X% against 2021 figures. Total imports indicated a pronounced increase from 2012 to 2022: its volume 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, imports decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The volume of import peaked at X units in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, vacuum pump imports soared to $X in 2022. Over the period under review, imports, however, recorded a noticeable reduction. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

South Africa represented the major importing country with an import of around X units, which finished at X% of total imports. It was distantly followed by Angola (X units), mixing up a X% share of total imports. Democratic Republic of the Congo (X units), Mozambique (X units), Madagascar (X units) and Namibia (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to vacuum pump imports into South Africa stood at X%. At the same time, Democratic Republic of the Congo (X%), Madagascar (X%), Mozambique (X%) and Namibia (X%) displayed positive paces of growth. Moreover, Democratic Republic of the Congo emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2022. Angola experienced a relatively flat trend pattern. From 2012 to 2022, the share of Democratic Republic of the Congo increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X), Angola ($X) and Democratic Republic of the Congo ($X) constituted the countries with the highest levels of imports in 2022, together comprising X% of total imports. Mozambique, Namibia and Madagascar lagged somewhat behind, together comprising a further X%.

Mozambique, 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, with an increase of X% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt descent. The pace of growth appeared the most rapid in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Democratic Republic of the Congo ($X per unit), while Madagascar ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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