SADC: Centrifugal Clothes-Dryer Market 2024

Centrifugal Clothes-Dryer Market Size in SADC

In 2021, the SADC centrifugal clothes-dryer market increased by 32% to $X, rising for the second consecutive year after seven years of decline. Over the period under review, consumption, however, saw a deep downturn. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Centrifugal Clothes-Dryer Production in SADC

In value terms, centrifugal clothes-dryer production contracted to $X in 2021 estimated in export price. In general, production recorded a precipitous decrease. The growth pace was the most rapid in 2015 when the production volume increased by 105%. The level of production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Centrifugal Clothes-Dryer Exports

Exports in SADC

In 2021, centrifugal clothes-dryer exports in SADC reduced dramatically to X units, falling by -43.2% against the previous year. Over the period under review, exports showed a significant decline. The pace of growth was the most pronounced in 2020 with an increase of 46% against the previous year. The volume of export peaked at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, centrifugal clothes-dryer exports declined dramatically to $X in 2021. Overall, exports saw a deep slump. The most prominent rate of growth was recorded in 2017 with an increase of 108%. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

South Africa prevails in exports structure, finishing at X units, which was approx. 87% of total exports in 2021. It was distantly followed by Swaziland (X units), constituting a 5.3% share of total exports. The following exporters - Mozambique (X units), Botswana (X units) and Tanzania (X units) - each reached a 6.7% share of total exports.

Exports from South Africa decreased at an average annual rate of -40.8% from 2012 to 2021. At the same time, Mozambique (+56.7%) and Botswana (+2.2%) displayed positive paces of growth. Moreover, Mozambique emerged as the fastest-growing exporter exported in SADC, with a CAGR of +56.7% from 2012-2021. Swaziland experienced a relatively flat trend pattern. By contrast, Tanzania (-17.4%) illustrated a downward trend over the same period. Swaziland (+5.3 p.p.), Mozambique (+2.4 p.p.), Botswana (+2.3 p.p.) and Tanzania (+1.9 p.p.) significantly strengthened its position in terms of the total exports, while South Africa saw its share reduced by -12.3% from 2012 to 2021, respectively.

In value terms, South Africa ($X) remains the largest centrifugal clothes-dryer supplier in SADC, comprising 96% of total exports. The second position in the ranking was taken by Mozambique ($X), with a 1.3% share of total exports. It was followed by Tanzania, with a 1.1% share.

In South Africa, centrifugal clothes-dryer exports contracted by an average annual rate of -7.9% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Mozambique (+55.2% per year) and Tanzania (-7.0% per year).

Export Prices by Country

In 2021, the export price in SADC amounted to $X per unit, which is down by -8.1% against the previous year. Over the period under review, the export price, however, recorded a significant increase. The most prominent rate of growth was recorded in 2016 when the export price increased by 978%. The level of export peaked at $X per unit in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was South Africa ($X per unit), while Swaziland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Africa (+55.5%), while the other leaders experienced more modest paces of growth.

Centrifugal Clothes-Dryer Imports

Imports in SADC

In 2021, purchases abroad of centrifugal clothes-dryers increased by 41% to X units, rising for the third consecutive year after four years of decline. Overall, imports, however, recorded a deep slump. The volume of import peaked at X units in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, centrifugal clothes-dryer imports soared to $X in 2021. In general, imports, however, saw a pronounced slump. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, South Africa (X units) was the key importer of centrifugal clothes-dryers, creating 55% of total imports. Mauritius (X units) took the second position in the ranking, followed by Botswana (X units) and Tanzania (X units). All these countries together held near 21% share of total imports. Zambia (X units), Lesotho (X units), Democratic Republic of the Congo (X units), Zimbabwe (X units) and Mozambique (X units) followed a long way behind the leaders.

Imports into South Africa decreased at an average annual rate of -23.4% from 2012 to 2021. At the same time, Zambia (+5.0%), Botswana (+5.0%), Tanzania (+4.7%) and Mozambique (+2.0%) displayed positive paces of growth. Moreover, Zambia emerged as the fastest-growing importer imported in SADC, with a CAGR of +5.0% from 2012-2021. By contrast, Lesotho (-2.1%), Zimbabwe (-9.2%), Mauritius (-10.4%) and Democratic Republic of the Congo (-16.3%) illustrated a downward trend over the same period. While the share of Mauritius (+6.4 p.p.), Botswana (+5.3 p.p.), Tanzania (+4.6 p.p.), Zambia (+3.9 p.p.), Lesotho (+3.4 p.p.), Mozambique (+2.5 p.p.) and Zimbabwe (+2.1 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of South Africa (-30.7 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported centrifugal clothes-dryers in SADC, comprising 57% of total imports. The second position in the ranking was taken by Mauritius ($X), with a 10% share of total imports. It was followed by Lesotho, with a 5.9% share.

In South Africa, centrifugal clothes-dryer imports increased at an average annual rate of +4.2% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Mauritius (-10.6% per year) and Lesotho (+1.6% per year).

Import Prices by Country

The import price in SADC stood at $X per unit in 2021, which is down by -12.1% against the previous year. Overall, the import price, however, showed a prominent increase. The pace of growth was the most pronounced in 2016 an increase of 386%. The level of import peaked at $X per unit in 2020, and then fell in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Lesotho ($X per unit), while Zimbabwe ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Africa (+36.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform