SADC: Market for Gearboxes and Speed Changers 2025

Market Size for Gearboxes and Speed Changers in SADC

In 2022, the SADC gearboxes and speed changers market increased by X% to $X, rising for the second year in a row after two years of decline. The market 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. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Production of Gearboxes and Speed Changers in SADC

In value terms, gearboxes and speed changers production reduced modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 with an increase of X%. The level of production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Exports of Gearboxes and Speed Changers

Exports in SADC

In 2022, shipments abroad of gearboxes and speed changers increased by X% to X tons, rising for the second year in a row after two years of decline. Overall, exports, however, recorded a abrupt contraction. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, gearboxes and speed changers exports rose rapidly to $X in 2022. Over the period under review, exports, however, recorded a mild slump. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

South Africa prevails in exports structure, recording X tons, which was near X% of total exports in 2022. Namibia (X tons), Lesotho (X tons), Angola (X tons), Zimbabwe (X tons) and Tanzania (X tons) took a relatively small share of total exports.

From 2012 to 2022, average annual rates of growth with regard to gearboxes and speed changers exports from South Africa stood at X%. At the same time, Lesotho (X%), Angola (X%), Zimbabwe (X%), Tanzania (X%) and Namibia (X%) displayed positive paces of growth. Moreover, Lesotho emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Lesotho, Namibia, Angola and Zimbabwe increased by X, 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 ($X) remains the largest gearboxes and speed changers supplier in SADC, comprising X% of total exports. The second position in the ranking was held by Namibia ($X), with a X% share of total exports. It was followed by Lesotho, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa amounted to X%. In the other countries, the average annual rates were as follows: Namibia (X% per year) and Lesotho (X% per year).

Export Prices by Country

In 2022, the export price in SADC amounted to $X per ton, picking up by X% against the previous year. In general, the export price recorded strong growth. The most prominent rate of growth was recorded in 2016 an increase of X%. The level of export peaked at $X per ton in 2020; however, from 2021 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 South Africa ($X per ton), while Zimbabwe ($X per ton) 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 more modest paces of growth.

Imports of Gearboxes and Speed Changers

Imports in SADC

In 2022, overseas purchases of gearboxes and speed changers increased by X% to X tons, rising for the second consecutive year after two years of decline. In general, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, imports attained the maximum at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, gearboxes and speed changers imports rose notably to $X in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by X%. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

South Africa prevails in imports structure, accounting for X tons, which was near X% of total imports in 2022. It was distantly followed by Zimbabwe (X tons), Democratic Republic of the Congo (X tons), Tanzania (X tons), Zambia (X tons) and Angola (X tons), together making up a X% share of total imports. Mozambique (X tons) held a relatively small share of total imports.

Imports into South Africa decreased at an average annual rate of X% from 2012 to 2022. At the same time, Mozambique (X%), Zimbabwe (X%), Democratic Republic of the Congo (X%), Angola (X%) and Tanzania (X%) displayed positive paces of growth. Moreover, Mozambique emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2022. By contrast, Zambia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Zimbabwe, Democratic Republic of the Congo and Mozambique 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 ($X) constitutes the largest market for imported gearboxes and speed changers in SADC, comprising X% of total imports. The second position in the ranking was taken by Democratic Republic of the Congo ($X), with a X% share of total imports. It was followed by Zimbabwe, with a X% share.

In South Africa, gearboxes and speed changers imports declined by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Democratic Republic of the Congo (X% per year) and Zimbabwe (X% per year).

Import Prices by Country

In 2022, the import price in SADC amounted to $X per ton, surging by X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat 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 South Africa ($X per ton), while Tanzania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform