SADC: Confectionery-Making Industrial Machinery Market 2024

Confectionery-Making Industrial Machinery Market Size in SADC

The SADC confectionery-making industrial machinery market fell markedly to $X in 2022, which is down by -27.5% against the previous year. Over the period under review, consumption recorded a abrupt descent. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Confectionery-Making Industrial Machinery Production in SADC

In value terms, confectionery-making industrial machinery production contracted significantly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.3% 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 the production volume increased by 29% against the previous year. As a result, production attained the peak level of $X, and then dropped significantly in the following year.

Confectionery-Making Industrial Machinery Exports

Exports in SADC

In 2022, confectionery-making industrial machinery exports in SADC fell modestly to X units, with a decrease of -4% on 2021 figures. In general, exports recorded a abrupt descent. The pace of growth was the most pronounced in 2018 when exports increased by 223%. Over the period under review, the exports reached the maximum at X units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, confectionery-making industrial machinery exports contracted slightly to $X in 2022. Over the period under review, exports saw a noticeable setback. The most prominent rate of growth was recorded in 2018 with an increase of 452% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

South Africa was the key exporting country with an export of around X units, which finished at 50% of total exports. Zambia (X units) took the second position in the ranking, distantly followed by Swaziland (X units) and Tanzania (X units). All these countries together took near 46% share of total exports. Madagascar (X units) held a relatively small share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Zambia (with a CAGR of +19.6%), while the other leaders experienced mixed trends in the exports figures.

In value terms, South Africa ($X) remains the largest confectionery-making industrial machinery supplier in SADC, comprising 73% of total exports. The second position in the ranking was taken by Zambia ($X), with a 12% share of total exports. It was followed by Swaziland, with a 9.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa stood at -2.6%. In the other countries, the average annual rates were as follows: Zambia (+11.2% per year) and Swaziland (-0.4% per year).

Export Prices by Country

The export price in SADC stood at $X per unit in 2022, stabilizing at the previous year. Overall, the export price, however, posted noticeable growth. The pace of growth was the most pronounced in 2015 when the export price increased by 73% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was South Africa ($X per unit), while Tanzania ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Madagascar (+5.4%), while the other leaders experienced more modest paces of growth.

Confectionery-Making Industrial Machinery Imports

Imports in SADC

Confectionery-making industrial machinery imports fell sharply to X units in 2022, waning by -37.1% on 2021. Over the period under review, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 193% against the previous year. The volume of import peaked at X units in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, confectionery-making industrial machinery imports reduced markedly to $X in 2022. Overall, imports recorded a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by 135% against the previous year. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

South Africa represented the key importer of industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate in SADC, with the volume of imports resulting at X units, which was near 51% of total imports in 2022. Zambia (X units) took a 31% share (based on physical terms) of total imports, which put it in second place, followed by Madagascar (6%). Malawi (X units), Democratic Republic of the Congo (X units), Zimbabwe (X units) and Tanzania (X units) held a minor share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Democratic Republic of the Congo (with a CAGR of +33.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X) constitutes the largest market for imported industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate in SADC, comprising 66% of total imports. The second position in the ranking was held by Zambia ($X), with a 22% share of total imports. It was followed by Madagascar, with a 4.9% share.

In South Africa, confectionery-making industrial machinery imports contracted by an average annual rate of -7.5% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Zambia (-6.5% per year) and Madagascar (+5.9% per year).

Import Prices by Country

The import price in SADC stood at $X per unit in 2022, picking up by 25% against the previous year. Overall, the import price, however, saw a slight downturn. The pace of growth was the most pronounced in 2014 an increase of 87% against the previous year. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Madagascar (+4.9%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform