SADC: Market for Wiring sets used in vehicles, aircraft or ships 2025

Market Size for Wiring sets used in vehicles, aircraft or ships in SADC

The SADC market for wiring sets used in vehicles, aircraft or ships stood at $X in 2022, stabilizing at the previous year. In general, consumption showed resilient growth. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Wiring sets used in vehicles, aircraft or ships in SADC

In value terms, production of wiring sets used in vehicles, aircraft or ships dropped modestly to $X in 2022 estimated in export price. Overall, production continues to indicate buoyant growth. The pace of growth was the most pronounced in 2019 with an increase of 70%. As a result, production reached the peak level of $X; afterwards, it flattened through to 2022.

Exports of Wiring sets used in vehicles, aircraft or ships

Exports in SADC

In 2022, shipments abroad of wiring sets used in vehicles, aircraft or ships increased by 39% to X tons, rising for the second year in a row after four years of decline. In general, exports showed a strong expansion. The growth pace was the most rapid in 2015 when exports increased by 136% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, exports of wiring sets used in vehicles, aircraft or ships surged to $X in 2022. Over the period under review, exports posted a buoyant expansion. The most prominent rate of growth was recorded in 2015 when exports increased by 121% against the previous year. The level of export peaked at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

Botswana prevails in ships structure, reaching X tons, which was approx. 98% of total exports in 2022. South Africa (X tons) followed a long way behind the leaders.

Botswana was also the fastest-growing in terms of the wiring sets used in vehicles, aircraft or ships exports, with a CAGR of +22.0% from 2012 to 2022. South Africa (-5.6%) illustrated a downward trend over the same period. While the share of Botswana (+17 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of South Africa (-16.3 p.p.) displayed negative dynamics.

In value terms, Botswana ($X) remains the largest wiring sets used in vehicles, aircraft or ships supplier in SADC, comprising 92% of total exports. The second position in the ranking was held by South Africa ($X), with an 8.1% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Botswana amounted to +10.5%.

Export Prices by Country

The export price in SADC stood at $X per ton in 2022, which is down by -15.6% against the previous year. Over the period under review, the export price continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2013 an increase of 14% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was South Africa ($X per ton), while Botswana stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+3.4%).

Imports of Wiring sets used in vehicles, aircraft or ships

Imports in SADC

Imports of wiring sets used in vehicles, aircraft or ships skyrocketed to X tons in 2022, increasing by 20% compared with 2021. Overall, imports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2014 with an increase of 81%. The volume of import peaked in 2022 and is likely to see gradual growth in years to come.

In value terms, imports of wiring sets used in vehicles, aircraft or ships expanded notably to $X in 2022. Total imports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +7.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.4% against 2020 indices. The growth pace was the most rapid in 2015 when imports increased by 50%. Over the period under review, imports of reached the peak figure at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

South Africa prevails in ships structure, resulting at X tons, which was near 96% of total imports in 2022. Botswana (X tons) followed a long way behind the leaders.

South Africa was also the fastest-growing in terms of the wiring sets used in vehicles, aircraft or ships imports, with a CAGR of +18.3% from 2012 to 2022. At the same time, Botswana (+15.1%) displayed positive paces of growth. While the share of South Africa (+5.4 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported wiring sets used in vehicles, aircraft or ships in SADC, comprising 94% of total imports. The second position in the ranking was held by Botswana ($X), with a 2.3% share of total imports.

From 2012 to 2022, the average annual growth rate of value in South Africa stood at +7.3%.

Import Prices by Country

In 2022, the import price in SADC amounted to $X per ton, declining by -5.9% against the previous year. Overall, the import price continues to indicate a abrupt setback. The growth pace was the most rapid in 2018 when the import price increased by 10%. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Botswana ($X per ton), while South Africa stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Botswana (-6.5%).

Source: IndexBox Platform