SADC: Electric Brazing Machine Market 2024

Electric Brazing Machine Market Size in SADC

The SADC electric brazing machine market stood at $X in 2022, approximately equating the previous year. The total consumption indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -0.1% against 2020 indices. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Electric Brazing Machine Production in SADC

In value terms, electric brazing machine production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.2% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when the production volume increased by 2.3% against the previous year. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Electric Brazing Machine Exports

Exports in SADC

Electric brazing machine exports declined significantly to X units in 2022, with a decrease of -32.1% on the year before. Overall, exports continue to indicate a precipitous decline. The pace of growth was the most pronounced in 2014 with an increase of 370%. As a result, the exports reached the peak of X units. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, electric brazing machine exports fell dramatically to $X in 2022. In general, exports continue to indicate a deep setback. The pace of growth was the most pronounced in 2018 with an increase of 129%. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

South Africa was the key exporting country with an export of around X units, which resulted at 75% of total exports. It was distantly followed by Madagascar (X units), generating a 15% share of total exports. The following exporters - Mozambique (X units) and Zambia (X units) - together made up 5.7% of total exports.

From 2012 to 2022, average annual rates of growth with regard to electric brazing machine exports from South Africa stood at -44.7%. At the same time, Madagascar (+40.5%), Zambia (+10.8%) and Mozambique (+7.8%) displayed positive paces of growth. Moreover, Madagascar emerged as the fastest-growing exporter exported in SADC, with a CAGR of +40.5% from 2012-2022. From 2012 to 2022, the share of Madagascar, Mozambique and Zambia increased by +15, +3.3 and +2.4 percentage points, respectively.

In value terms, South Africa ($X) remains the largest electric brazing machine supplier in SADC, comprising 88% of total exports. The second position in the ranking was taken by Madagascar ($X), with a 6.9% share of total exports. It was followed by Mozambique, with a 2.3% share.

From 2012 to 2022, the average annual growth rate of value in South Africa stood at -9.2%. In the other countries, the average annual rates were as follows: Madagascar (+39.0% per year) and Mozambique (+7.2% per year).

Export Prices by Country

In 2022, the export price in SADC amounted to $X per unit, increasing by 9.2% against the previous year. Over the period under review, the export price enjoyed significant growth. The most prominent rate of growth was recorded in 2016 an increase of 1,220% against the previous year. The level of export peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was South Africa ($X per unit), while Zambia ($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 (+64.2%), while the other leaders experienced a decline in the export price figures.

Electric Brazing Machine Imports

Imports in SADC

In 2022, approx. X units of electric brazing or soldering machines and apparatus were imported in SADC; dropping by -13.8% on 2021 figures. Overall, imports showed a deep reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 16%. Over the period under review, imports attained the maximum at X units in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, electric brazing machine imports contracted significantly to $X in 2022. In general, imports faced a abrupt contraction. The most prominent rate of growth was recorded in 2017 with an increase of 83%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Angola (X units) and Mauritius (X units) represented the major importers of electric brazing or soldering machines and apparatus in SADC, together constituting 49% of total imports. South Africa (X units) took a 12% share (based on physical terms) of total imports, which put it in second place, followed by Tanzania (7.9%), Zimbabwe (6.6%), Namibia (6.2%) and Democratic Republic of the Congo (4.7%).

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Mauritius (with a CAGR of +37.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X) constitutes the largest market for imported electric brazing or soldering machines and apparatus in SADC, comprising 43% of total imports. The second position in the ranking was held by Angola ($X), with a 17% share of total imports. It was followed by Mauritius, with an 8.3% share.

In South Africa, electric brazing machine imports declined by an average annual rate of -17.1% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Angola (-12.1% per year) and Mauritius (+5.8% per year).

Import Prices by Country

The import price in SADC stood at $X per unit in 2022, declining by -13.6% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 69%. Over the period under review, import prices attained the maximum at $X per unit in 2021, and then fell 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 South Africa ($X per unit), while Mauritius ($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 (+13.9%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform