SADC: Electric Soldering Iron Market 2025

Electric Soldering Iron Market Size in SADC

After two years of growth, the SADC electric soldering iron market decreased by X% to $X in 2022. In general, consumption continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Electric Soldering Iron Production in SADC

In value terms, electric soldering iron production stood at $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of X,250% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2022, production growth failed to regain momentum.

Electric Soldering Iron Exports

Exports in SADC

In 2022, exports of electric soldering irons and guns in SADC surged to X units, increasing by X% on the previous year's figure. Over the period under review, exports, however, showed a perceptible decrease. The volume of export peaked at X units in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, electric soldering iron exports surged to $X in 2022. In general, exports recorded prominent growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The biggest shipments were from South Africa (X units), together finishing at X% of total export.

South Africa was also the fastest-growing in terms of the electric soldering irons and guns exports, with a CAGR of X% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) also remains the largest electric soldering iron supplier in SADC.

In South Africa, electric soldering iron exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in SADC stood at $X per unit in 2022, approximately mirroring the previous year. In general, the export price, however, posted a buoyant increase. The pace of growth appeared the most rapid in 2016 an increase of X%. Over the period under review, the export prices hit record highs at $X per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for South Africa.

From 2012 to 2022, the rate of growth in terms of prices for South Africa amounted to X% per year.

Electric Soldering Iron Imports

Imports in SADC

In 2022, purchases abroad of electric soldering irons and guns decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. In general, imports continue to indicate a slight contraction. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. The volume of import peaked at X units in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, electric soldering iron imports shrank markedly to $X in 2022. Over the period under review, imports recorded a perceptible contraction. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

South Africa represented the key importer of electric soldering irons and guns in SADC, with the volume of imports recording X units, which was near X% of total imports in 2022. Angola (X units) ranks second in terms of the total imports with a X% share, followed by Zimbabwe (X%), Tanzania (X%) and Democratic Republic of the Congo (X%). Mauritius (X units) and Malawi (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to electric soldering iron imports into South Africa stood at X%. At the same time, Tanzania (X%), Democratic Republic of the Congo (X%), Zimbabwe (X%), Malawi (X%) and Mauritius (X%) displayed positive paces of growth. Moreover, Tanzania emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2022. By contrast, Angola (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Tanzania, Zimbabwe and Democratic Republic of the Congo increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported electric soldering irons and guns in SADC, comprising X% of total imports. The second position in the ranking was taken by Angola ($X), with a X% share of total imports. It was followed by Democratic Republic of the Congo, with a X% share.

In South Africa, electric soldering iron imports decreased by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Angola (X% per year) and Democratic Republic of the Congo (X% per year).

Import Prices by Country

In 2022, the import price in SADC amounted to $X per unit, waning by X% against the previous year. Overall, the import price showed a slight decrease. The pace of growth appeared the most rapid in 2014 an increase of X%. Over the period under review, import prices attained the peak figure at $X per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Democratic Republic of the Congo ($X per unit), while Mauritius ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malawi (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform