SADC: Insulating Fittings Market 2025

Insulating Fittings Market Size in SADC

The SADC insulating fittings market rose rapidly to $X in 2021, picking up by 5.7% against the previous year. In general, consumption, however, showed a noticeable shrinkage. The level of consumption peaked at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Insulating Fittings Production in SADC

In value terms, insulating fittings production shrank to $X in 2021 estimated in export price. In general, production recorded a deep setback. The pace of growth appeared the most rapid in 2019 when the production volume increased by 15%. The level of production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Insulating Fittings Exports

Exports in SADC

In 2021, the amount of insulating fittings for electrical purposes exported in SADC reduced modestly to X tons, remaining relatively unchanged against 2020 figures. Overall, exports faced a deep downturn. The growth pace was the most rapid in 2018 when exports increased by 29%. The volume of export peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, insulating fittings exports contracted slightly to $X in 2021. In general, exports showed a deep reduction. The most prominent rate of growth was recorded in 2020 with an increase of 6.6%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

South Africa dominates exports structure, reaching X tons, which was near 95% of total exports in 2021. Mauritius (X tons) followed a long way behind the leaders.

Exports from South Africa decreased at an average annual rate of -16.9% from 2012 to 2021. At the same time, Mauritius (+5.9%) displayed positive paces of growth. Moreover, Mauritius emerged as the fastest-growing exporter exported in SADC, with a CAGR of +5.9% from 2012-2021. Mauritius (+3.5 p.p.) significantly strengthened its position in terms of the total exports, while South Africa saw its share reduced by -3.7% from 2012 to 2021, respectively.

In value terms, South Africa ($X) and Mauritius ($X) constituted the countries with the highest levels of exports in 2021.

Mauritius, with a CAGR of +11.2%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review.

Export Prices by Country

In 2021, the export price in SADC amounted to $X per ton, leveling off at the previous year. Export price indicated notable growth from 2012 to 2021: its price increased at an average annual rate of +2.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, insulating fittings export price increased by +20.5% against 2019 indices. The most prominent rate of growth was recorded in 2017 when the export price increased by 49% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2018 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Mauritius ($X per ton), while South Africa amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mauritius (+4.9%).

Insulating Fittings Imports

Imports in SADC

In 2021, the amount of insulating fittings for electrical purposes imported in SADC skyrocketed to X tons, rising by 16% against the previous year. In general, imports, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2018 with an increase of 35%. The volume of import peaked at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, insulating fittings imports skyrocketed to $X in 2021. Over the period under review, imports, however, showed a abrupt decline. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, South Africa (X tons), Botswana (X tons) and Tanzania (X tons) was the key importer of insulating fittings for electrical purposes in SADC, generating 60% of total import. Democratic Republic of the Congo (X tons) held the next position in the ranking, followed by Angola (X tons), Mozambique (X tons) and Zimbabwe (X tons). All these countries together took near 30% share of total imports.

From 2012 to 2021, 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 +3.4%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, South Africa ($X) constitutes the largest market for imported insulating fittings for electrical purposes in SADC, comprising 35% of total imports. The second position in the ranking was taken by Democratic Republic of the Congo ($X), with a 12% share of total imports. It was followed by Angola, with a 12% share.

From 2012 to 2021, the average annual growth rate of value in South Africa amounted to -5.2%. The remaining importing countries recorded the following average annual rates of imports growth: Democratic Republic of the Congo (-0.9% per year) and Angola (-5.1% per year).

Import Prices by Country

In 2021, the import price in SADC amounted to $X per ton, picking up by 3.2% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 23% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, 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 2021, the most notable rate of growth in terms of prices was attained by Mozambique (+7.2%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform