SADC: Respiration Apparatus Market 2024

Respiration Apparatus Market Size in SADC

In 2021, after two years of growth, there was significant decline in the SADC respiration apparatus market, when its value decreased by -8.3% to $X. In general, consumption, however, recorded a strong increase. As a result, consumption attained the peak level of $X, and then dropped in the following year.

Respiration Apparatus Production in SADC

In value terms, respiration apparatus production fell to $X in 2021 estimated in export price. Overall, production, however, posted a strong increase. The growth pace was the most rapid in 2015 when the production volume increased by 37%. Over the period under review, production attained the peak level at $X in 2020, and then reduced slightly in the following year.

Respiration Apparatus Exports

Exports in SADC

In 2021, after two years of growth, there was significant decline in overseas shipments of ozone therapy, oxygen therapy, aerosol therapy, respiration apparatus, when their volume decreased by -23.1% to X tons. In general, exports, however, enjoyed a strong expansion. The pace of growth was the most pronounced in 2020 when exports increased by 357%. As a result, the exports attained the peak of X tons, and then declined significantly in the following year.

In value terms, respiration apparatus exports fell remarkably to $X in 2021. Overall, exports, however, showed a resilient increase. The most prominent rate of growth was recorded in 2020 with an increase of 338% against the previous year. As a result, the exports reached the peak of $X, and then fell rapidly in the following year.

Exports by Country

South Africa (X tons) represented roughly 98% of total exports in 2021.

South Africa was also the fastest-growing in terms of the ozone therapy, oxygen therapy, aerosol therapy, respiration apparatus exports, with a CAGR of +15.4% from 2012 to 2021. South Africa (+8.7 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) also remains the largest respiration apparatus supplier in SADC.

In South Africa, respiration apparatus exports increased at an average annual rate of +8.8% over the period from 2012-2021.

Export Prices by Country

The export price in SADC stood at $X per ton in 2021, approximately equating the previous year. Over the period under review, the export price continues to indicate a deep setback. The growth pace was the most rapid in 2015 an increase of 28%. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for South Africa.

From 2012 to 2021, the rate of growth in terms of prices for South Africa amounted to -5.7% per year.

Respiration Apparatus Imports

Imports in SADC

After two years of growth, purchases abroad of ozone therapy, oxygen therapy, aerosol therapy, respiration apparatus decreased by -10.2% to X tons in 2021. Over the period under review, imports, however, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2020 when imports increased by 154% against the previous year. As a result, imports attained the peak of X tons, and then dropped in the following year.

In value terms, respiration apparatus imports shrank sharply to $X in 2021. Overall, imports, however, showed prominent growth. The pace of growth appeared the most rapid in 2020 when imports increased by 184% against the previous year. As a result, imports reached the peak of $X, and then contracted remarkably in the following year.

Imports by Country

South Africa dominates imports structure, accounting for X tons, which was approx. 63% of total imports in 2021. Tanzania (X tons) took the second position in the ranking, followed by Zimbabwe (X tons). All these countries together held near 10% share of total imports. Democratic Republic of the Congo (X tons), Botswana (X tons), Malawi (X tons), Namibia (X tons), Mauritius (X tons), Mozambique (X tons), Zambia (X tons) and Angola (X tons) followed a long way behind the leaders.

Imports into South Africa increased at an average annual rate of +10.3% from 2012 to 2021. At the same time, Malawi (+45.9%), Democratic Republic of the Congo (+38.2%), Namibia (+37.0%), Zimbabwe (+36.0%), Botswana (+26.8%), Mauritius (+24.4%), Mozambique (+21.7%), Tanzania (+18.8%), Zambia (+11.8%) and Angola (+7.4%) displayed positive paces of growth. Moreover, Malawi emerged as the fastest-growing importer imported in SADC, with a CAGR of +45.9% from 2012-2021. From 2012 to 2021, the share of Malawi, Zimbabwe, Democratic Republic of the Congo, Namibia, Botswana, Tanzania and Mauritius increased by +3.7, +3.6, +3.6, +2.7, +2.6, +1.9 and +1.7 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported ozone therapy, oxygen therapy, aerosol therapy, respiration apparatus in SADC, comprising 63% of total imports. The second position in the ranking was taken by Tanzania ($X), with a 6.3% share of total imports. It was followed by Zimbabwe, with a 4.4% share.

In South Africa, respiration apparatus imports increased at an average annual rate of +7.6% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Tanzania (+24.3% per year) and Zimbabwe (+34.1% per year).

Import Prices by Country

In 2021, the import price in SADC amounted to $X per ton, waning by -16.3% against the previous year. Overall, the import price saw a noticeable decrease. The growth pace was the most rapid in 2017 an increase of 14%. As a result, import price attained the peak level of $X per ton. From 2018 to 2021, the import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Angola ($X per ton), while Botswana ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Namibia (+6.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform