SADC: Electric Heating Radiator Market 2025

Electric Heating Radiator Market Size in SADC

The SADC electric heating radiator market contracted significantly to $X in 2021, which is down by -36.4% against the previous year. Over the period under review, consumption recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X, and then contracted significantly in the following year.

Electric Heating Radiator Production in SADC

In value terms, electric heating radiator production totaled $X in 2021 estimated in export price. Overall, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of 30% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2021, production growth remained at a lower figure.

Electric Heating Radiator Exports

Exports in SADC

In 2021, overseas shipments of electric storage heating radiators increased by 167% to X units, rising for the second consecutive year after three years of decline. In general, exports, however, saw a deep slump. The volume of export peaked at X units in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, electric heating radiator exports surged to $X in 2021. Over the period under review, exports, however, continue to indicate a abrupt curtailment. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

South Africa dominates exports structure, accounting for X units, which was approx. 92% of total exports in 2021. It was distantly followed by Namibia (X units), comprising a 5% share of total exports.

Exports from South Africa decreased at an average annual rate of -4.7% from 2012 to 2021. At the same time, Namibia (+24.6%) displayed positive paces of growth. Moreover, Namibia emerged as the fastest-growing exporter exported in SADC, with a CAGR of +24.6% from 2012-2021. South Africa (+7.7 p.p.) and Namibia (+4.6 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest electric heating radiator supplier in SADC, comprising 85% of total exports. The second position in the ranking was taken by Namibia ($X), with a 10% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in South Africa totaled -10.7%.

Export Prices by Country

The export price in SADC stood at $X per unit in 2021, with a decrease of -15.7% against the previous year. In general, the export price recorded a drastic downturn. The pace of growth appeared the most rapid in 2019 when the export price increased by 41%. As a result, the export price reached the peak level of $X per unit. From 2020 to 2021, 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 Namibia ($X per unit), while South Africa amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Namibia (+2.2%).

Electric Heating Radiator Imports

Imports in SADC

Electric heating radiator imports dropped remarkably to X units in 2021, which is down by -39.7% on 2020 figures. Over the period under review, imports, however, showed a mild increase. The growth pace was the most rapid in 2020 with an increase of 1,022% against the previous year. As a result, imports reached the peak of X units, and then plummeted in the following year.

In value terms, electric heating radiator imports skyrocketed to $X in 2021. In general, imports, however, recorded buoyant growth. The pace of growth appeared the most rapid in 2020 with an increase of 507% against the previous year. Over the period under review, imports attained the maximum at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.

Imports by Country

Botswana was the largest importing country with an import of about X units, which recorded 68% of total imports. South Africa (X units) took a 13% share (based on physical terms) of total imports, which put it in second place, followed by Lesotho (5.6%). Zambia (X units), Seychelles (X units) and Democratic Republic of the Congo (X units) followed a long way behind the leaders.

Botswana was also the fastest-growing in terms of the electric storage heating radiators imports, with a CAGR of +47.6% from 2012 to 2021. At the same time, Zambia (+26.8%), Seychelles (+24.8%), Lesotho (+23.1%) and Democratic Republic of the Congo (+1.1%) displayed positive paces of growth. By contrast, South Africa (-17.6%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Botswana, Lesotho, Zambia and Seychelles increased by +66, +4.7, +3.6 and +2.8 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Botswana ($X) constitutes the largest market for imported electric storage heating radiators in SADC, comprising 85% of total imports. The second position in the ranking was taken by South Africa ($X), with a 4.1% share of total imports. It was followed by Zambia, with a 1.9% share.

From 2012 to 2021, the average annual growth rate of value in Botswana stood at +45.1%. The remaining importing countries recorded the following average annual rates of imports growth: South Africa (-15.4% per year) and Zambia (+20.9% per year).

Import Prices by Country

In 2021, the import price in SADC amounted to $X per unit, picking up by 141% against the previous year. Over the period under review, the import price recorded a resilient expansion. The level of import peaked at $X per unit in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.

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 Botswana ($X per unit), while Democratic Republic of the Congo ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Democratic Republic of the Congo (+27.4%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform