South Africa: Centrifuges Market 2024

Centrifuges Market Size in South Africa

The South African centrifuges market dropped to $X in 2022, shrinking by X% against the previous year. Overall, consumption, however, showed a relatively flat trend pattern. Centrifuges consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Centrifuges Production in South Africa

In value terms, centrifuges production shrank to $X in 2022 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Centrifuges Exports

Exports from South Africa

After two years of growth, overseas shipments of centrifuges decreased by X% to X units in 2022. Over the period under review, exports showed a perceptible descent. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. As a result, the exports attained the peak of X units. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, centrifuges exports declined rapidly to $X in 2022. Overall, exports continue to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Namibia (X units) was the main destination for centrifuges exports from South Africa, accounting for a X% share of total exports. Moreover, centrifuges exports to Namibia exceeded the volume sent to the second major destination, Zambia (X units), twofold. Botswana (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Namibia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Zambia (X% per year) and Botswana (X% per year).

In value terms, Mozambique ($X), Zambia ($X) and Namibia ($X) constituted the largest markets for centrifuges exported from South Africa worldwide, with a combined X% share of total exports.

Namibia, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average centrifuges export price stood at $X per unit in 2022, with an increase of X% against the previous year. Over the period under review, the export price, however, recorded a mild shrinkage. The most prominent rate of growth was recorded in 2021 an increase of X%. The export price peaked at $X per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($X per unit), while the average price for exports to Namibia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (X%), while the prices for the other major destinations experienced more modest paces of growth.

Centrifuges Imports

Imports into South Africa

In 2022, approx. X units of centrifuges were imported into South Africa; growing by X% compared with the previous year's figure. Overall, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, centrifuges imports surged to $X in 2022. Over the period under review, imports saw a relatively flat trend pattern. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest supplier of centrifuges to South Africa, with a X% share of total imports. Moreover, centrifuges imports from China exceeded the figures recorded by the second-largest supplier, Finland (X units), fourfold. The third position in this ranking was taken by Sweden (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Finland (X% per year) and Sweden (X% per year).

In value terms, Germany ($X) constituted the largest supplier of centrifuges to South Africa, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by Finland, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Finland (X% per year).

Import Prices by Country

The average centrifuges import price stood at $X per unit in 2022, surging by X% against the previous year. Over the period under review, the import price, however, faced a dramatic shrinkage. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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