South Africa: Non-Household Fan Market 2024

Non-Household Fan Market Size in South Africa

The South African non-household fan market stood at $X in 2022, rising by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, recorded a mild downturn. Non-household fan consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Non-Household Fan Exports

Exports from South Africa

In 2022, approx. X units of non-household ventilation fans were exported from South Africa; declining by X% against the previous year. In general, exports, however, continue to indicate noticeable growth. The growth pace was the most rapid in 2017 when exports increased by X%. Over the period under review, the exports hit record highs at X units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, non-household fan exports fell markedly to $X in 2022. Overall, exports, however, enjoyed temperate growth. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, the exports attained the peak of $X, and then declined markedly in the following year.

Exports by Country

Botswana (X units), Namibia (X units) and Swaziland (X units) were the main destinations of non-household fan exports from South Africa, with a combined X% share of total exports. Zambia, Zimbabwe, Mozambique, Lesotho, Canada, Democratic Republic of the Congo, Malawi and Belgium lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Canada (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Namibia ($X), Democratic Republic of the Congo ($X) and Zambia ($X) constituted the largest markets for non-household fan exported from South Africa worldwide, with a combined X% share of total exports. Zimbabwe, Botswana, Mozambique, Canada, Swaziland, Malawi, Belgium and Lesotho lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Canada, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average non-household fan export price amounted to $X per unit, waning by X% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average export price increased by X%. As a result, the export price reached the peak level of $X per unit, and then dropped in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($X per unit), while the average price for exports to Swaziland ($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 Botswana (X%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Household Fan Imports

Imports into South Africa

In 2022, approx. X units of non-household ventilation fans were imported into South Africa; with an increase of X% compared with 2021 figures. Over the period under review, imports, however, saw a noticeable setback. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X units in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, non-household fan imports amounted to $X in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest non-household fan supplier to South Africa, with a X% share of total imports. Moreover, non-household fan imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), twofold. Spain (X units) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Spain (X% per year).

In value terms, the largest non-household fan suppliers to South Africa were China ($X), Germany ($X) and the United States ($X), with a combined X% share of total imports. Spain, Italy, Turkey, Japan and Vietnam lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Vietnam, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average non-household fan import price stood at $X per unit in 2022, declining by X% against the previous year. Overall, import price indicated slight growth 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. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2021, and then contracted in the following year.

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 Italy ($X per unit), while the price for Vietnam ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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