SADC: Electromagnetic Lifting Head Market 2025

Electromagnetic Lifting Head Market Size in SADC

The SADC electromagnetic lifting head market shrank slightly to $X in 2022, falling by -1.6% against the previous year. The market value increased at an average annual rate of +2.0% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Electromagnetic Lifting Head Production in SADC

In value terms, electromagnetic lifting head production contracted modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 with an increase of 32% against the previous year. The level of production peaked at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Electromagnetic Lifting Head Exports

Exports in SADC

In 2022, approx. X tons of electromagnets and electromagnetic lifting heads were exported in SADC; rising by 76% against the previous year. Over the period under review, exports showed a remarkable increase. The most prominent rate of growth was recorded in 2013 with an increase of 167% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in years to come.

In value terms, electromagnetic lifting head exports skyrocketed to $X in 2022. Overall, exports enjoyed strong growth. The most prominent rate of growth was recorded in 2013 with an increase of 77% against the previous year. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

The biggest shipments were from South Africa (X tons), together reaching 98% of total export.

South Africa was also the fastest-growing in terms of the electromagnets and electromagnetic lifting heads exports, with a CAGR of +16.0% from 2012 to 2022. From 2012 to 2022, the share of South Africa increased by +6.3 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) also remains the largest electromagnetic lifting head supplier in SADC.

From 2012 to 2022, the average annual growth rate of value in South Africa amounted to +19.8%.

Export Prices by Country

The export price in SADC stood at $X per ton in 2022, falling by -13.8% against the previous year. Overall, the export price, however, recorded temperate growth. The growth pace was the most rapid in 2021 when the export price increased by 55%. As a result, the export price reached the peak level of $X per ton, and then reduced in the following year.

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 +3.3% per year.

Electromagnetic Lifting Head Imports

Imports in SADC

In 2022, approx. X tons of electromagnets and electromagnetic lifting heads were imported in SADC; declining by -22.1% on the year before. In general, imports, however, recorded buoyant growth. The growth pace was the most rapid in 2021 with an increase of 135%. As a result, imports attained the peak of X tons, and then declined significantly in the following year.

In value terms, electromagnetic lifting head imports stood at $X in 2022. The total import value increased at an average annual rate of +4.8% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 45% against the previous year. The level of import peaked at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

South Africa prevails in imports structure, accounting for X tons, which was approx. 67% of total imports in 2022. It was distantly followed by Mozambique (X tons) and Tanzania (X tons), together mixing up a 14% share of total imports. Angola (X tons), Democratic Republic of the Congo (X tons), Namibia (X tons) and Botswana (X tons) followed a long way behind the leaders.

Imports into South Africa increased at an average annual rate of +10.8% from 2012 to 2022. At the same time, Mozambique (+53.3%), Namibia (+16.6%), Tanzania (+16.6%), Democratic Republic of the Congo (+13.8%), Botswana (+10.9%) and Angola (+2.7%) displayed positive paces of growth. Moreover, Mozambique emerged as the fastest-growing importer imported in SADC, with a CAGR of +53.3% from 2012-2022. Mozambique (+8.6 p.p.) and Tanzania (+1.6 p.p.) significantly strengthened its position in terms of the total imports, while South Africa and Angola saw its share reduced by -5% and -5.7% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported electromagnets and electromagnetic lifting heads in SADC, comprising 72% of total imports. The second position in the ranking was taken by Mozambique ($X), with a 12% share of total imports. It was followed by Democratic Republic of the Congo, with a 3% share.

In South Africa, electromagnetic lifting head imports expanded at an average annual rate of +3.7% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Mozambique (+51.1% per year) and Democratic Republic of the Congo (+16.6% per year).

Import Prices by Country

The import price in SADC stood at $X per ton in 2022, growing by 29% against the previous year. Over the period under review, the import price, however, showed a abrupt downturn. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 Mozambique ($X per ton), while Botswana ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Democratic Republic of the Congo (+2.5%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform