SADC: Electrical Transformer Market 2024

Electrical Transformer Market Size in SADC

After two years of decline, the SADC electrical transformer market increased by X% to $X in 2022. In general, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Electrical Transformer Production in SADC

In value terms, electrical transformer production expanded remarkably to $X in 2022 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The level of production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Electrical Transformer Exports

Exports in SADC

In 2022, approx. X units of electrical transformers were exported in SADC; waning by X% against the previous year. In general, exports, however, continue to indicate a prominent expansion. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. As a result, the exports reached the peak of X units. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, electrical transformer exports skyrocketed to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2022, South Africa (X units) represented the largest exporter of electrical transformers, constituting X% of total exports. It was distantly followed by Zambia (X units), Democratic Republic of the Congo (X units), Mozambique (X units), Namibia (X units), Swaziland (X units), Malawi (X units) and Tanzania (X units), together achieving a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to electrical transformer exports from South Africa stood at X%. At the same time, Democratic Republic of the Congo (X%), Mozambique (X%), Malawi (X%), Zambia (X%), Namibia (X%) and Swaziland (X%) displayed positive paces of growth. Moreover, Democratic Republic of the Congo emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2022. By contrast, Tanzania (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Democratic Republic of the Congo, Mozambique, Zambia, Namibia, Malawi and Swaziland increased by X, X, X, X, X and X percentage points, respectively.

In value terms, South Africa ($X), Namibia ($X) and Mozambique ($X) were the countries with the highest levels of exports in 2022, together comprising X% of total exports.

Among the main exporting countries, Namibia, with a CAGR of X%, recorded the highest growth rate of the value of exports, 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 unit in 2022, jumping by X% against the previous year. Over the period under review, the export price, however, saw a slight decline. The level of export peaked at $X per unit in 2019; however, from 2020 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 ($X per unit), while Swaziland ($X per unit) was amongst the lowest.

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

Electrical Transformer Imports

Imports in SADC

In 2022, the amount of electrical transformers imported in SADC totaled X units, surging by X% on 2021. Over the period under review, imports posted significant growth. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the near future.

In value terms, electrical transformer imports fell to $X in 2022. In general, imports, however, showed a mild decrease. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

South Africa dominates imports structure, recording X units, which was approx. X% of total imports in 2022. Tanzania (X units) followed a long way behind the leaders.

South Africa was also the fastest-growing in terms of the electrical transformers imports, with a CAGR of X% from 2012 to 2022. At the same time, Tanzania (X%) displayed positive paces of growth. South Africa (X p.p.) significantly strengthened its position in terms of the total imports, while Tanzania saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Tanzania ($X) and South Africa ($X) appeared to be the countries with the highest levels of imports in 2022.

Tanzania, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review.

Import Prices by Country

In 2022, the import price in SADC amounted to $X per unit, with a decrease of X% against the previous year. Overall, the import price saw a dramatic contraction. The pace of growth appeared the most rapid in 2013 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Tanzania ($X per unit), while South Africa stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tanzania (X%).

Source: IndexBox Platform