SADC: Hydraulic Automatic Regulators Market 2024

Hydraulic Automatic Regulators Market Size in SADC

In 2021, the SADC hydraulic automatic regulators market decreased by -1.2% to $X for the first time since 2018, thus ending a two-year rising trend. Overall, consumption, however, showed a mild slump. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Hydraulic Automatic Regulators Production in SADC

In value terms, hydraulic automatic regulators production dropped slightly to $X in 2021 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the production volume increased by 25%. The level of production peaked at $X in 2017; however, from 2018 to 2021, production failed to regain momentum.

Hydraulic Automatic Regulators Exports

Exports in SADC

In 2021, exports of hydraulic or pneumatic automatic regulating instruments in SADC soared to X units, with an increase of 83% on 2020 figures. In general, exports, however, saw a noticeable contraction. The most prominent rate of growth was recorded in 2015 with an increase of 1,398%. As a result, the exports attained the peak of X units. From 2016 to 2021, the growth of the exports remained at a lower figure.

In value terms, hydraulic automatic regulators exports surged to $X in 2021. Over the period under review, exports showed tangible growth. The most prominent rate of growth was recorded in 2016 when exports increased by 178% against the previous year. As a result, the exports reached the peak of $X. From 2017 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

In 2021, Angola (X units) represented the key exporter of hydraulic or pneumatic automatic regulating instruments, constituting 42% of total exports. South Africa (X units) took a 26% share (based on physical terms) of total exports, which put it in second place, followed by Democratic Republic of the Congo (14%). The following exporters - Mozambique (X units), Zimbabwe (X units), Seychelles (X units) and Botswana (X units) - together made up 13% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Botswana (with a CAGR of +34.1%), while the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X) remains the largest hydraulic automatic regulators supplier in SADC, comprising 95% of total exports. The second position in the ranking was held by Mozambique ($X), with a 1.6% share of total exports. It was followed by Angola, with a 1.5% share.

In South Africa, hydraulic automatic regulators exports increased at an average annual rate of +7.2% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Mozambique (+37.5% per year) and Angola (-18.8% per year).

Export Prices by Country

The export price in SADC stood at $X per unit in 2021, with a decrease of -26.2% against the previous year. Over the period under review, the export price, however, showed a prominent increase. The pace of growth was the most pronounced in 2016 an increase of 2,192%. As a result, the export price attained the peak level of $X per unit. From 2017 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was South Africa ($X per unit), while Seychelles ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mozambique (+19.4%), while the other leaders experienced more modest paces of growth.

Hydraulic Automatic Regulators Imports

Imports in SADC

In 2021, after two years of decline, there was significant growth in overseas purchases of hydraulic or pneumatic automatic regulating instruments, when their volume increased by 14% to X units. Overall, imports, however, continue to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2014 with an increase of 20% against the previous year. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, hydraulic automatic regulators imports dropped modestly to $X in 2021. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of 18% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Zimbabwe (X units), distantly followed by Democratic Republic of the Congo (X units), Angola (X units), Zambia (X units) and South Africa (X units) were the largest importers of hydraulic or pneumatic automatic regulating instruments, together making up 89% of total imports. The following importers - Tanzania (X units) and Mozambique (X units) - each recorded a 7.9% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Democratic Republic of the Congo (with a CAGR of +40.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X) constitutes the largest market for imported hydraulic or pneumatic automatic regulating instruments in SADC, comprising 68% of total imports. The second position in the ranking was taken by Angola ($X), with an 8.9% share of total imports. It was followed by Democratic Republic of the Congo, with a 7.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value in South Africa was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: Angola (-8.3% per year) and Democratic Republic of the Congo (+24.1% per year).

Import Prices by Country

In 2021, the import price in SADC amounted to $X per unit, which is down by -14.8% against the previous year. In general, the import price, however, continues to indicate strong growth. The most prominent rate of growth was recorded in 2019 an increase of 88%. The level of import peaked at $X per unit in 2020, and then shrank in the following year.

Prices varied noticeably country of destination: the country with the highest price was South Africa ($X per unit), while Zimbabwe ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Africa (+30.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform