South Africa: Market for Air Conditioning Machines For Motor Vehicles 2024

Market Size for Air Conditioning Machines For Motor Vehicles in South Africa

The South African market for air conditioning machines for motor vehicles contracted to $X in 2022, standing approx. at the previous year. Overall, consumption, however, posted prominent growth. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Production of Air Conditioning Machines For Motor Vehicles in South Africa

In value terms, motor vehicle air conditioning machine production fell modestly to $X in 2022 estimated in export price. In general, production, however, saw a buoyant expansion. The growth pace was the most rapid in 2016 with an increase of 118% against the previous year. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Exports of Air Conditioning Machines For Motor Vehicles

Exports from South Africa

After three years of decline, shipments abroad of air conditioning machines for motor vehicles increased by 29% to X units in 2022. In general, exports, however, recorded a drastic downturn. The pace of growth appeared the most rapid in 2017 with an increase of 93%. Over the period under review, the exports hit record highs at X units in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, motor vehicle air conditioning machine exports skyrocketed to $X in 2022. Over the period under review, exports, however, continue to indicate a abrupt decline. The pace of growth was the most pronounced in 2017 when exports increased by 91%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Singapore (X units), Namibia (X units) and the UK (X units) were the main destinations of motor vehicle air conditioning machine exports from South Africa, together accounting for 61% of total exports. Mozambique, Germany, Democratic Republic of the Congo, Botswana, Swaziland, Zambia, Australia, Angola and Zimbabwe lagged somewhat behind, together comprising a further 26%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of +37.3%), while the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X), Namibia ($X) and the UK ($X) constituted the largest markets for motor vehicle air conditioning machine exported from South Africa worldwide, together accounting for 61% of total exports. Mozambique, Germany, Democratic Republic of the Congo, Botswana, Swaziland, Zambia, Australia, Angola and Zimbabwe lagged somewhat behind, together accounting for a further 26%.

Among the main countries of destination, Germany, with a CAGR of +50.9%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for air conditioning machines for motor vehicles amounted to $X per unit, increasing by 5.7% against the previous year. Over the period under review, the export price showed buoyant growth. The growth pace was the most rapid in 2016 when the average export price increased by 38%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see gradual growth in the near future.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Namibia ($X per unit) and Botswana ($X per unit), while the average price for exports to Australia ($X per unit) and Zambia ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Botswana (+21.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Air Conditioning Machines For Motor Vehicles

Imports into South Africa

In 2022, supplies from abroad of air conditioning machines for motor vehicles decreased by -49.4% to X units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports continue to indicate a deep slump. The pace of growth was the most pronounced in 2021 when imports increased by 85% against the previous year. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, motor vehicle air conditioning machine imports shrank sharply to $X in 2022. In general, imports recorded a pronounced contraction. The growth pace was the most rapid in 2021 when imports increased by 118%. As a result, imports reached the peak of $X, and then fell dramatically in the following year.

Imports by Country

Poland (X units), Japan (X units) and China (X units) were the main suppliers of motor vehicle air conditioning machine imports to South Africa, with a combined 60% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +60.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest motor vehicle air conditioning machine suppliers to South Africa were Poland ($X), Japan ($X) and China ($X), with a combined 60% share of total imports.

In terms of the main suppliers, Poland, with a CAGR of +77.7%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for air conditioning machines for motor vehicles stood at $X per unit in 2022, almost unchanged from the previous year. In general, the import price posted a remarkable increase. The pace of growth was the most pronounced in 2017 when the average import price increased by 73%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see gradual growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Japan ($X per unit) and India ($X per unit), while the price for Austria ($X per unit) and Australia ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+17.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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