South Africa: Market for Central Heating Boilers, For Producing Hot Water Or Low Pressure Steam 2025

Market Size for Central Heating Boilers, For Producing Hot Water Or Low Pressure Steam in South Africa

The South African market for central heating boilers, for producing hot water or low pressure steam stood at $X in 2022, picking up by 2.4% against the previous year. Over the period under review, the total consumption indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -2.9% against 2020 indices. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Central Heating Boilers, For Producing Hot Water Or Low Pressure Steam in South Africa

In value terms, production of central heating boilers, for producing hot water or low pressure steam totaled $X in 2022 estimated in export price. In general, the total production indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -2.9% against 2020 indices. The pace of growth was the most pronounced in 2016 with an increase of 27% against the previous year. Production of peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Central Heating Boilers, For Producing Hot Water Or Low Pressure Steam

Exports from South Africa

In 2022, overseas shipments of central heating boilers, for producing hot water or low pressure steam increased by 135% to X units, rising for the second year in a row after three years of decline. Overall, exports, however, continue to indicate a mild descent. The growth pace was the most rapid in 2014 with an increase of 253%. As a result, the exports attained the peak of X units. From 2015 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of central heating boilers, for producing hot water or low pressure steam surged to $X in 2022. In general, exports continue to indicate tangible growth. The pace of growth appeared the most rapid in 2017 when exports increased by 173% against the previous year. Over the period under review, the exports of attained the peak figure at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Zimbabwe (X units) was the main destination for exports of central heating boilers, for producing hot water or low pressure steam from South Africa, accounting for a 40% share of total exports. Moreover, exports of central heating boilers, for producing hot water or low pressure steam to Zimbabwe exceeded the volume sent to the second major destination, Swaziland (X units), threefold. The third position in this ranking was held by Zambia (X units), with a 13% share.

From 2012 to 2022, the average annual growth rate of volume to Zimbabwe stood at +42.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Swaziland (+29.5% per year) and Zambia (-12.4% per year).

In value terms, Zimbabwe ($X) emerged as the key foreign market for central heating boilers, for producing hot water or low pressure steam exports from South Africa, comprising 40% of total exports. The second position in the ranking was taken by Swaziland ($X), with a 15% share of total exports. It was followed by Zambia, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Zimbabwe stood at +31.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Swaziland (+42.2% per year) and Zambia (-12.7% per year).

Export Prices by Country

The average export price for central heating boilers, for producing hot water or low pressure steam stood at $X per unit in 2022, with an increase of 4.7% against the previous year. Overall, the export price saw a tangible increase. The pace of growth was the most pronounced in 2016 an increase of 86% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Ghana ($X per unit) and Zambia ($X per unit), while the average price for exports to Namibia ($X per unit) and Burkina Faso ($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 Namibia (+21.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Central Heating Boilers, For Producing Hot Water Or Low Pressure Steam

Imports into South Africa

In 2022, imports of central heating boilers, for producing hot water or low pressure steam into South Africa shrank dramatically to X units, falling by -56.2% against the previous year. Overall, imports showed a deep contraction. The pace of growth was the most pronounced in 2021 when imports increased by 463%. Imports peaked at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of central heating boilers, for producing hot water or low pressure steam dropped rapidly to $X in 2022. In general, imports showed a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 457%. As a result, imports reached the peak of $X, and then declined dramatically in the following year.

Imports by Country

China (X units), Greece (X units) and Italy (X units) were the main suppliers of imports of central heating boilers, for producing hot water or low pressure steam to South Africa, with a combined 71% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Greece (with a CAGR of +51.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest central heating boilers, for producing hot water or low pressure steam suppliers to South Africa were China ($X), Greece ($X) and Italy ($X), with a combined 71% share of total imports.

In terms of the main suppliers, Greece, with a CAGR of +30.9%, saw 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

In 2022, the average import price for central heating boilers, for producing hot water or low pressure steam amounted to $X per unit, with an increase of 1.8% against the previous year. In general, the import price recorded resilient growth. The pace of growth was the most pronounced in 2017 an increase of 60% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Swaziland (+35.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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