SADC: Market for Mechanical Appliances For Projecting, Dispersing Or Spraying 2024

Market Size for Mechanical Appliances For Projecting, Dispersing Or Spraying in SADC

In 2022, the SADC market for mechanical appliances for projecting, dispersing or spraying decreased by -10.7% to $X, falling for the second year in a row after two years of growth. The total consumption indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -11.0% against 2020 indices. The level of consumption peaked at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Production of Mechanical Appliances For Projecting, Dispersing Or Spraying in SADC

In value terms, production of mechanical appliances for projecting, dispersing or spraying fell to $X in 2022 estimated in export price. The total production indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +7.7% against 2020 indices. The most prominent rate of growth was recorded in 2015 with an increase of 43% against the previous year. Over the period under review, production of attained the peak level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Mechanical Appliances For Projecting, Dispersing Or Spraying

Exports in SADC

In 2022, overseas shipments of mechanical appliances for projecting, dispersing or spraying increased by 0.2% to X units, rising for the second consecutive year after three years of decline. Overall, exports, however, saw a slight reduction. The most prominent rate of growth was recorded in 2017 with an increase of 74%. As a result, the exports attained the peak of X units. From 2018 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of mechanical appliances for projecting, dispersing or spraying soared to $X in 2022. In general, exports, however, showed a perceptible descent. The pace of growth appeared the most rapid in 2017 when exports increased by 39% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports of failed to regain momentum.

Exports by Country

South Africa prevails in spraying structure, accounting for X units, which was near 93% of total exports in 2022. Angola (X units) and Seychelles (X units) followed a long way behind the leaders.

South Africa experienced a relatively flat trend pattern with regard to volume of exports of mechanical appliances for projecting, dispersing or spraying. At the same time, Angola (+22.8%) and Seychelles (+2.2%) displayed positive paces of growth. Moreover, Angola emerged as the fastest-growing exporter exported in SADC, with a CAGR of +22.8% from 2012-2022. South Africa (+8.6 p.p.) and Angola (+2.6 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest mechanical appliances for projecting, dispersing or spraying supplier in SADC, comprising 97% of total exports. The second position in the ranking was held by Seychelles ($X), with a 0.8% share of total exports.

From 2012 to 2022, the average annual growth rate of value in South Africa stood at -1.6%. In the other countries, the average annual rates were as follows: Seychelles (-3.5% per year) and Angola (+8.6% per year).

Export Prices by Country

The export price in SADC stood at $X per unit in 2022, increasing by 26% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. Over the period under review, the export prices hit record highs at $X per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (-0.7%), while the other leaders experienced a decline in the export price figures.

Imports of Mechanical Appliances For Projecting, Dispersing Or Spraying

Imports in SADC

In 2022, overseas purchases of mechanical appliances for projecting, dispersing or spraying decreased by -20.4% to X units for the first time since 2019, thus ending a two-year rising trend. Overall, imports, however, saw a noticeable increase. The pace of growth appeared the most rapid in 2013 when imports increased by 102% against the previous year. The volume of import peaked at X units in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, imports of mechanical appliances for projecting, dispersing or spraying shrank to $X in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of 107%. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports of failed to regain momentum.

Imports by Country

South Africa represented the largest importing country with an import of about X units, which recorded 34% of total imports. Zambia (X units) held the second position in the ranking, followed by Tanzania (X units), Angola (X units), Mauritius (X units) and Democratic Republic of the Congo (X units). All these countries together took approx. 48% share of total imports. Zimbabwe (X units) held a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to mechanical appliances for projecting, dispersing or spraying imports into South Africa stood at +6.8%. At the same time, Mauritius (+16.0%), Tanzania (+5.8%) and Zambia (+4.5%) displayed positive paces of growth. Moreover, Mauritius emerged as the fastest-growing importer imported in SADC, with a CAGR of +16.0% from 2012-2022. Zimbabwe experienced a relatively flat trend pattern. By contrast, Angola (-2.2%) and Democratic Republic of the Congo (-2.2%) illustrated a downward trend over the same period. While the share of South Africa (+9.4 p.p.), Mauritius (+4.9 p.p.) and Tanzania (+2.4 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Zimbabwe (-2 p.p.), Democratic Republic of the Congo (-4 p.p.) and Angola (-8.4 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported mechanical appliances for projecting, dispersing or spraying in SADC, comprising 64% of total imports. The second position in the ranking was held by Angola ($X), with a 4.9% share of total imports. It was followed by Zambia, with a 4.6% share.

In South Africa, imports of mechanical appliances for projecting, dispersing or spraying increased at an average annual rate of +1.6% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Angola (-7.2% per year) and Zambia (+1.8% per year).

Import Prices by Country

The import price in SADC stood at $X per unit in 2022, increasing by 9.2% against the previous year. In general, the import price, however, saw a perceptible descent. The pace of growth appeared the most rapid in 2015 an increase of 26%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a 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 ($X per unit), while Tanzania ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Zimbabwe (+2.7%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform