SADC: Steam Blasting Machine Market 2024

Steam Blasting Machine Market Size in SADC

The SADC steam blasting machine market dropped to $X in 2021, reducing by -9.7% against the previous year. The total consumption indicated mild growth from 2012 to 2021: its value increased at an average annual rate of +1.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +13.5% against 2019 indices. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market failed to regain momentum.

Steam Blasting Machine Production in SADC

In value terms, steam blasting machine production fell to $X in 2021 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the production volume increased by 53% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2021, production growth failed to regain momentum.

Steam Blasting Machine Exports

Exports in SADC

In 2021, steam blasting machine exports in SADC surged to X units, with an increase of 45% on the previous year's figure. Over the period under review, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2016 when exports increased by 81%. The volume of export peaked in 2021 and is expected to retain growth in the near future.

In value terms, steam blasting machine exports skyrocketed to $X in 2021. Overall, exports showed a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

South Africa dominates exports structure, reaching X units, which was approx. 95% of total exports in 2021. It was distantly followed by Madagascar (X units), creating a 4.9% share of total exports.

South Africa was also the fastest-growing in terms of the steam or sand blasting machines and similar jet-projecting machines exports, with a CAGR of +35.3% from 2012 to 2021. At the same time, Madagascar (+22.1%) displayed positive paces of growth. While the share of South Africa (+30 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Madagascar (-3.5 p.p.) displayed negative dynamics.

In value terms, South Africa ($X) remains the largest steam blasting machine supplier in SADC, comprising 95% of total exports. The second position in the ranking was taken by Madagascar ($X), with a 3.6% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in South Africa stood at +4.5%.

Export Prices by Country

The export price in SADC stood at $X per unit in 2021, dropping by -8.2% against the previous year. Overall, the export price recorded a dramatic descent. The pace of growth appeared the most rapid in 2020 an increase of 19%. Over the period under review, the export prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was South Africa ($X per unit), while Madagascar amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Madagascar (+3.2%).

Steam Blasting Machine Imports

Imports in SADC

In 2021, after three years of growth, there was decline in supplies from abroad of steam or sand blasting machines and similar jet-projecting machines, when their volume decreased by -4.9% to X units. Over the period under review, imports, however, showed a perceptible increase. The most prominent rate of growth was recorded in 2019 when imports increased by 49% against the previous year. The volume of import peaked at X units in 2020, and then declined slightly in the following year.

In value terms, steam blasting machine imports surged to $X in 2021. Overall, imports showed a slight decline. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

South Africa prevails in imports structure, resulting at X units, which was approx. 84% of total imports in 2021. It was distantly followed by Angola (X units), comprising a 6.3% share of total imports. Mauritius (X units) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to steam blasting machine imports into South Africa stood at +3.6%. At the same time, Angola (+12.8%) and Mauritius (+5.8%) displayed positive paces of growth. Moreover, Angola emerged as the fastest-growing importer imported in SADC, with a CAGR of +12.8% from 2012-2021. Angola (+3.3 p.p.) significantly strengthened its position in terms of the total imports, while South Africa saw its share reduced by -2.9% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported steam or sand blasting machines and similar jet-projecting machines in SADC, comprising 58% of total imports. The second position in the ranking was taken by Angola ($X), with a 15% share of total imports.

From 2012 to 2021, the average annual growth rate of value in South Africa amounted to -3.0%. The remaining importing countries recorded the following average annual rates of imports growth: Angola (-4.7% per year) and Mauritius (+4.0% per year).

Import Prices by Country

The import price in SADC stood at $X per unit in 2021, rising by 53% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt downturn. Over the period under review, import prices hit record highs at $X per unit in 2017; however, from 2018 to 2021, import prices failed to regain momentum.

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 Angola ($X per unit), while South Africa ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mauritius (-1.7%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform