SADC: Market for Reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment 2025

Market Size for Reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment in SADC

The SADC market for reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment contracted to $X in 2022, waning by -6.7% against the previous year. Overall, consumption, however, saw strong growth. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Production of Reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment in SADC

In value terms, production of reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment shrank to $X in 2022 estimated in export price. In general, production, however, posted resilient growth. The pace of growth appeared the most rapid in 2015 with an increase of 64% against the previous year. Over the period under review, production of reached the peak level at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

Exports of Reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment

Exports in SADC

In 2022, exports of reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment in SADC dropped notably to X tons, declining by -59.5% on the year before. In general, exports continue to indicate a sharp downturn. The pace of growth appeared the most rapid in 2017 with an increase of 139%. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, exports of reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment fell slightly to $X in 2022. Over the period under review, exports showed a dramatic curtailment. The growth pace was the most rapid in 2017 with an increase of 87% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, South Africa (X tons) was the main exporter of reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment, comprising 53% of total exports. It was distantly followed by Swaziland (X tons) and Namibia (X tons), together generating a 41% share of total exports. Zambia (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Swaziland (with a CAGR of +36.6%), while the other leaders experienced more modest paces of growth.

In value terms, the largest reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment supplying countries in SADC were Swaziland ($X), South Africa ($X) and Namibia ($X), with a combined 95% share of total exports.

Namibia, with a CAGR of +30.7%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in SADC stood at $X per ton in 2022, surging by 141% against the previous year. In general, the export price, however, recorded a mild decline. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Namibia ($X per ton), while Zambia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Namibia (+12.7%), while the other leaders experienced mixed trends in the export price figures.

Imports of Reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment

Imports in SADC

In 2022, the amount of reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment imported in SADC reached X tons, picking up by 7.2% compared with the year before. In general, imports, however, continue to indicate a slight downturn. The growth pace was the most rapid in 2015 with an increase of 35%. As a result, imports attained the peak of X tons. From 2016 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment soared to $X in 2022. Overall, imports continue to indicate a noticeable increase. The pace of growth appeared the most rapid in 2021 when imports increased by 96%. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, South Africa (X tons) represented the main importer of reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment, committing 37% of total imports. Botswana (X tons) took a 13% share (based on physical terms) of total imports, which put it in second place, followed by Namibia (11%), Angola (7%), Zambia (6.4%), Malawi (6.2%), Zimbabwe (5.9%) and Tanzania (4.7%).

Imports into South Africa increased at an average annual rate of +22.2% from 2012 to 2022. At the same time, Malawi (+57.1%), Zimbabwe (+32.4%), Tanzania (+20.3%), Zambia (+7.8%) and Botswana (+1.9%) displayed positive paces of growth. Moreover, Malawi emerged as the fastest-growing importer imported in SADC, with a CAGR of +57.1% from 2012-2022. By contrast, Angola (-2.9%) and Namibia (-17.3%) illustrated a downward trend over the same period. While the share of South Africa (+32 p.p.), Malawi (+6.1 p.p.), Zimbabwe (+5.6 p.p.), Tanzania (+4.1 p.p.), Zambia (+3.7 p.p.) and Botswana (+3.6 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Namibia (-54.5 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment in SADC, comprising 66% of total imports. The second position in the ranking was taken by Angola ($X), with a 6.7% share of total imports. It was followed by Botswana, with a 6.4% share.

In South Africa, imports of reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment expanded at an average annual rate of +25.3% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Angola (-3.7% per year) and Botswana (+6.5% per year).

Import Prices by Country

In 2022, the import price in SADC amounted to $X per ton, rising by 19% against the previous year. Import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment increased by +75.8% against 2020 indices. The pace of growth was the most pronounced in 2021 when the import price increased by 48%. Over the period under review, import prices hit record highs in 2022 and is expected to retain growth in the near future.

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 South Africa ($X per ton), while Namibia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Botswana (+4.5%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform