SADC: Hand Sieve Market 2024

Hand Sieve Market Size in SADC

The SADC hand sieve market surged to $X in 2022, increasing by 199% against the previous year. In general, consumption recorded resilient growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Hand Sieve Production in SADC

In value terms, hand sieve production amounted to $X in 2022 estimated in export price. Over the period under review, production recorded a mild expansion. The pace of growth appeared the most rapid in 2014 with an increase of 14,097% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

Hand Sieve Exports

Exports in SADC

For the third year in a row, SADC recorded growth in overseas shipments of hand sieves and hand riddles, which increased by 20% to X units in 2022. Over the period under review, exports enjoyed a temperate expansion. The most prominent rate of growth was recorded in 2021 with an increase of 124% against the previous year. The volume of export peaked in 2022 and is likely to continue growth in the immediate term.

In value terms, hand sieve exports surged to $X in 2022. In general, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 146%. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

South Africa dominates exports structure, recording X units, which was approx. 95% of total exports in 2022. Zambia (X units) followed a long way behind the leaders.

Exports from South Africa increased at an average annual rate of +4.6% from 2012 to 2022. At the same time, Zambia (+9.7%) displayed positive paces of growth. Moreover, Zambia emerged as the fastest-growing exporter exported in SADC, with a CAGR of +9.7% from 2012-2022. While the share of South Africa (+14 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest hand sieve supplier in SADC, comprising 98% of total exports. The second position in the ranking was held by Zambia ($X), with a 0.4% share of total exports.

From 2012 to 2022, the average annual growth rate of value in South Africa stood at +1.0%.

Export Prices by Country

In 2022, the export price in SADC amounted to $X per unit, with an increase of 7.6% against the previous year. In general, the export price, however, recorded a noticeable slump. The growth pace was the most rapid in 2018 an increase of 40% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2019 to 2022, the export prices remained at a somewhat 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 unit), while Zambia amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (-3.4%).

Hand Sieve Imports

Imports in SADC

In 2022, imports of hand sieves and hand riddles in SADC surged to X units, increasing by 127% on 2021 figures. Overall, imports continue to indicate a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, hand sieve imports skyrocketed to $X in 2022. In general, imports enjoyed a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

South Africa was the largest importer of hand sieves and hand riddles in SADC, with the volume of imports reaching X units, which was near 59% of total imports in 2022. Botswana (X units) held a 17% share (based on physical terms) of total imports, which put it in second place, followed by Tanzania (7.1%), Madagascar (5%) and Angola (4.6%). Mauritius (X units) followed a long way behind the leaders.

Imports into South Africa increased at an average annual rate of +23.7% from 2012 to 2022. At the same time, Botswana (+36.8%) and Mauritius (+2.5%) displayed positive paces of growth. Moreover, Botswana emerged as the fastest-growing importer imported in SADC, with a CAGR of +36.8% from 2012-2022. By contrast, Madagascar (-8.0%), Angola (-10.3%) and Tanzania (-18.3%) illustrated a downward trend over the same period. South Africa (+52 p.p.) and Botswana (+17 p.p.) significantly strengthened its position in terms of the total imports, while Madagascar, Angola and Tanzania saw its share reduced by -6.9%, -9.5% and -48.6% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported hand sieves and hand riddles in SADC, comprising 61% of total imports. The second position in the ranking was taken by Botswana ($X), with a 14% share of total imports. It was followed by Angola, with an 11% share.

From 2012 to 2022, the average annual growth rate of value in South Africa stood at +18.8%. In the other countries, the average annual rates were as follows: Botswana (+25.9% per year) and Angola (+2.5% per year).

Import Prices by Country

The import price in SADC stood at $X per unit in 2022, picking up by 19% against the previous year. Import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, hand sieve import price decreased by -10.9% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the import price increased by 107% against the previous year. The level of import peaked 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 Angola ($X per unit), while Tanzania ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Angola (+14.3%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform