SADC: Air Conditioning Machine Market 2024

Air Conditioning Machine Market Size in SADC

In 2022, the SADC air conditioning machine market decreased by -0.6% to $X, falling for the second year in a row after two years of growth. In general, consumption showed a relatively flat trend pattern. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Air Conditioning Machine Production in SADC

In value terms, air conditioning machine production expanded slightly to $X in 2022 estimated in export price. Over the period under review, production, however, showed pronounced growth. The pace of growth was the most pronounced in 2015 with an increase of 132%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Air Conditioning Machine Exports

Exports in SADC

In 2022, after four years of decline, there was significant growth in overseas shipments of non-window or wall air conditioning machines, when their volume increased by 60% to X units. Overall, exports, however, continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2017 when exports increased by 185% against the previous year. As a result, the exports reached the peak of X units. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, air conditioning machine exports soared to $X in 2022. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 51% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

South Africa dominates exports structure, accounting for X units, which was near 94% of total exports in 2022. Angola (X units) held a minor share of total exports.

From 2012 to 2022, average annual rates of growth with regard to air conditioning machine exports from South Africa stood at -7.0%. At the same time, Angola (+12.2%) displayed positive paces of growth. Moreover, Angola emerged as the fastest-growing exporter exported in SADC, with a CAGR of +12.2% from 2012-2022. From 2012 to 2022, the share of Angola increased by +1.6 percentage points.

In value terms, South Africa ($X) remains the largest air conditioning machine supplier in SADC, comprising 85% of total exports. The second position in the ranking was taken by Angola ($X), with a 1.8% share of total exports.

From 2012 to 2022, the average annual growth rate of value in South Africa was relatively modest.

Export Prices by Country

In 2022, the export price in SADC amounted to $X per unit, declining by -8.2% against the previous year. Over the period under review, the export price, however, showed strong growth. The pace of growth appeared the most rapid in 2018 when the export price increased by 214%. 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 remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Angola ($X per unit), while South Africa amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+7.0%).

Air Conditioning Machine Imports

Imports in SADC

In 2022, overseas purchases of non-window or wall air conditioning machines decreased by -3.9% to X units, falling for the second year in a row after two years of growth. Overall, imports saw a abrupt slump. The most prominent rate of growth was recorded in 2013 with an increase of 21%. As a result, imports reached the peak of X units. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, air conditioning machine imports reduced to $X in 2022. Over the period under review, imports showed a abrupt downturn. The pace of growth was the most pronounced in 2019 with an increase of 23%. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

South Africa prevails in imports structure, finishing at X units, which was near 52% of total imports in 2022. Mauritius (X units) ranks second in terms of the total imports with a 9.6% share, followed by Angola (7.6%), Botswana (5.9%) and Democratic Republic of the Congo (4.8%). Mozambique (X units), Namibia (X units), Seychelles (X units), Tanzania (X units) and Zambia (X units) held a little share of total imports.

Imports into South Africa decreased at an average annual rate of -3.1% from 2012 to 2022. At the same time, Democratic Republic of the Congo (+12.8%), Namibia (+4.9%), Botswana (+3.4%) and Zambia (+2.7%) displayed positive paces of growth. Moreover, Democratic Republic of the Congo emerged as the fastest-growing importer imported in SADC, with a CAGR of +12.8% from 2012-2022. By contrast, Mauritius (-1.4%), Seychelles (-4.1%), Tanzania (-7.1%), Mozambique (-9.5%) and Angola (-20.5%) illustrated a downward trend over the same period. From 2012 to 2022, the share of South Africa, Democratic Republic of the Congo, Mauritius, Botswana and Namibia increased by +15, +4, +3.8, +3.7 and +3 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported non-window or wall air conditioning machines in SADC, comprising 49% of total imports. The second position in the ranking was held by Angola ($X), with a 12% share of total imports. It was followed by Mauritius, with a 9.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa stood at -2.5%. The remaining importing countries recorded the following average annual rates of imports growth: Angola (-17.4% per year) and Mauritius (-1.3% per year).

Import Prices by Country

In 2022, the import price in SADC amounted to $X per unit, shrinking by -2.9% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 38% against the previous year. Over the period under review, import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Angola ($X per unit), while Namibia ($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 (+3.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform