South Africa: Boiler Parts Market 2024

Boiler Parts Market Size in South Africa

The South African boiler parts market was estimated at $X in 2022, with an increase of X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Boiler Parts Production in South Africa

In value terms, boiler parts production rose modestly to $X in 2022 estimated in export price. In general, the total production indicated a slight expansion 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, production decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2014 when the production volume increased by X% against the previous year. Boiler parts production peaked at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

Boiler Parts Exports

Exports from South Africa

Boiler parts exports from South Africa was estimated at X tons in 2022, rising by X% against the previous year's figure. Overall, exports, however, recorded a sharp descent. The pace of growth was the most pronounced in 2017 with an increase of X%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, boiler parts exports fell sharply to $X in 2022. Over the period under review, exports, however, recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2017 when exports increased by X%. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Zimbabwe (X tons), Angola (X tons) and Swaziland (X tons) were the main destinations of boiler parts exports from South Africa, together comprising X% of total exports.

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

In value terms, Zimbabwe ($X) emerged as the key foreign market for parts of boilers for central heating exports from South Africa, comprising X% of total exports. The second position in the ranking was taken by Angola ($X), with an X% share of total exports. It was followed by Swaziland, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Zimbabwe stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Angola (X% per year) and Swaziland (X% per year).

Export Prices by Country

The average boiler parts export price stood at $X per ton in 2022, dropping by X% against the previous year. Over the period under review, the export price, however, recorded tangible growth. The most prominent rate of growth was recorded in 2021 an increase of X%. As a result, the export price attained the peak level of $X per ton, and then dropped notably in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Mauritius ($X per ton), while the average price for exports to Lesotho ($X per ton) was amongst the lowest.

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

Boiler Parts Imports

Imports into South Africa

In 2022, approx. X tons of parts of boilers for central heating were imported into South Africa; which is down by X% against the previous year's figure. Over the period under review, imports, however, recorded resilient growth. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, boiler parts imports fell to $X in 2022. Overall, imports showed a pronounced slump. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Belgium (X tons), China (X tons) and the Czech Republic (X tons) were the main suppliers of boiler parts imports to South Africa, together accounting for X% of total imports. Greece, Austria, Germany, Italy and Zimbabwe lagged somewhat behind, together comprising a further X%.

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

In value terms, Belgium ($X) constituted the largest supplier of parts of boilers for central heating to South Africa, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by Greece, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Belgium stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Greece (X% per year).

Import Prices by Country

The average boiler parts import price stood at $X per ton in 2022, surging by X% against the previous year. In general, the import price, however, recorded a deep setback. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for China ($X per ton) 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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