SADC: Market for Air Conditioning Machines For Motor Vehicles 2024

Market Size for Air Conditioning Machines For Motor Vehicles in SADC

After two years of growth, the SADC market for air conditioning machines for motor vehicles decreased by -0.1% to $X in 2022. Over the period under review, consumption, however, recorded a strong expansion. The level of consumption peaked at $X in 2018; afterwards, it flattened through to 2022.

Production of Air Conditioning Machines For Motor Vehicles in SADC

In value terms, motor vehicle air conditioning machine production fell slightly to $X in 2022 estimated in export price. In general, production, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2016 with an increase of 75% against the previous year. Over the period under review, production hit record highs at $X in 2018; afterwards, it flattened through to 2022.

Exports of Air Conditioning Machines For Motor Vehicles

Exports in SADC

In 2022, overseas shipments of air conditioning machines for motor vehicles were finally on the rise to reach X units after three years of decline. Over the period under review, exports, however, faced a abrupt contraction. The most prominent rate of growth was recorded in 2017 with an increase of 91% against the previous year. The volume of export peaked at X units in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, motor vehicle air conditioning machine exports soared to $X in 2022. Overall, exports, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2017 when exports increased by 90% against the previous year. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

South Africa was the key exporting country with an export of about X units, which finished at 72% of total exports. It was distantly followed by Tanzania (X units), comprising a 26% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to motor vehicle air conditioning machine exports from South Africa stood at -18.3%. At the same time, Tanzania (+48.9%) displayed positive paces of growth. Moreover, Tanzania emerged as the fastest-growing exporter exported in SADC, with a CAGR of +48.9% from 2012-2022. From 2012 to 2022, the share of Tanzania increased by +26 percentage points.

In value terms, South Africa ($X) remains the largest motor vehicle air conditioning machine supplier in SADC, comprising 95% of total exports. The second position in the ranking was taken by Tanzania ($X), with a 3.6% share of total exports.

In South Africa, motor vehicle air conditioning machine exports plunged by an average annual rate of -10.3% over the period from 2012-2022.

Export Prices by Country

The export price in SADC stood at $X per unit in 2022, reducing by -18.5% against the previous year. Overall, the export price, however, recorded a buoyant increase. The pace of growth appeared the most rapid in 2016 when the export price increased by 36%. Over the period under review, the export prices reached the peak figure at $X per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was South Africa ($X per unit), while Tanzania amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+9.9%).

Imports of Air Conditioning Machines For Motor Vehicles

Imports in SADC

In 2022, supplies from abroad of air conditioning machines for motor vehicles decreased by -34.2% to X units for the first time since 2019, thus ending a two-year rising trend. In general, imports continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2021 with an increase of 38% against the previous year. Over the period under review, imports reached the maximum at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, motor vehicle air conditioning machine imports reduced rapidly to $X in 2022. Overall, imports continue to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 74% against the previous year. As a result, imports attained the peak of $X, and then fell sharply in the following year.

Imports by Country

In 2022, South Africa (X units) represented the largest importer of air conditioning machines for motor vehicles, achieving 62% of total imports. Tanzania (X units) ranks second in terms of the total imports with a 13% share, followed by Angola (9.5%) and Namibia (5.1%). The following importers - Democratic Republic of the Congo (X units), Mozambique (X units) and Botswana (X units) - each reached a 5.9% share of total imports.

Imports into South Africa decreased at an average annual rate of -12.8% from 2012 to 2022. At the same time, Mozambique (+15.6%) displayed positive paces of growth. Moreover, Mozambique emerged as the fastest-growing importer imported in SADC, with a CAGR of +15.6% from 2012-2022. Namibia experienced a relatively flat trend pattern. By contrast, Angola (-1.4%), Tanzania (-4.3%), Democratic Republic of the Congo (-16.4%) and Botswana (-19.7%) illustrated a downward trend over the same period. Tanzania (+6.5 p.p.), Angola (+6.1 p.p.), Namibia (+3.4 p.p.) and Mozambique (+1.7 p.p.) significantly strengthened its position in terms of the total imports, while Democratic Republic of the Congo, Botswana and South Africa saw its share reduced by -2.2%, -2.9% and -14.5% from 2012 to 2022, respectively.

In value terms, South Africa ($X) constitutes the largest market for imported air conditioning machines for motor vehicles in SADC, comprising 70% of total imports. The second position in the ranking was taken by Angola ($X), with a 9.9% share of total imports. It was followed by Tanzania, with a 5.5% share.

In South Africa, motor vehicle air conditioning machine imports decreased by an average annual rate of -2.9% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Angola (+0.6% per year) and Tanzania (+5.3% per year).

Import Prices by Country

The import price in SADC stood at $X per unit in 2022, reducing by -5.1% against the previous year. Over the period under review, the import price, however, showed a strong increase. The pace of growth appeared the most rapid in 2017 when the import price increased by 34%. Over the period under review, import prices hit record highs at $X per unit in 2021, and then dropped in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Mozambique ($X per unit), while Tanzania ($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 (+11.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform