South Africa: Centrifugal Clothes-Dryer Market 2024

Centrifugal Clothes-Dryer Market Size in South Africa

In 2021, after eight years of decline, there was significant growth in the South African centrifugal clothes-dryer market, when its value increased by 119% to $X. Overall, consumption, however, showed a deep downturn. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Centrifugal Clothes-Dryer Production in South Africa

In value terms, centrifugal clothes-dryer production dropped to $X in 2021 estimated in export price. In general, production faced a dramatic setback. The pace of growth appeared the most rapid in 2015 when the production volume increased by 148% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Centrifugal Clothes-Dryer Exports

Exports from South Africa

Centrifugal clothes-dryer exports from South Africa contracted remarkably to X units in 2021, which is down by -44.9% against the previous year. In general, exports recorded a dramatic contraction. The most prominent rate of growth was recorded in 2020 with an increase of 45%. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, centrifugal clothes-dryer exports fell notably to $X in 2021. Over the period under review, exports saw a deep downturn. The pace of growth appeared the most rapid in 2017 with an increase of 109% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Lesotho (X units), Mozambique (X units) and Zimbabwe (X units) were the main destinations of centrifugal clothes-dryer exports from South Africa, together accounting for 42% of total exports. These countries were followed by Zambia, Namibia, Swaziland, Botswana, Democratic Republic of the Congo, the United States and Malawi, which together accounted for a further 45%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Namibia (with a CAGR of -26.5%), while the other leaders experienced a decline.

In value terms, Lesotho ($X), Mozambique ($X) and Zimbabwe ($X) appeared to be the largest markets for centrifugal clothes-dryer exported from South Africa worldwide, with a combined 42% share of total exports. These countries were followed by Zambia, Namibia, Swaziland, Botswana, Democratic Republic of the Congo, the United States and Malawi, which together accounted for a further 45%.

Namibia, with a CAGR of +15.2%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average centrifugal clothes-dryer export price stood at $X per unit in 2021, with a decrease of -6.9% against the previous year. Overall, the export price, however, continues to indicate a significant expansion. The most prominent rate of growth was recorded in 2016 an increase of 999% against the previous year. The export price peaked at $X per unit in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Democratic Republic of the Congo ($X per unit) and Botswana ($X per unit), while the average price for exports to Lesotho ($X per unit) and Zimbabwe ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+284.8%), while the prices for the other major destinations experienced more modest paces of growth.

Centrifugal Clothes-Dryer Imports

Imports into South Africa

In 2021, purchases abroad of centrifugal clothes-dryers increased by 94% to X units, rising for the fourth year in a row after three years of decline. In general, imports, however, saw a dramatic curtailment. The pace of growth was the most pronounced in 2019 when imports increased by 134% against the previous year. Imports peaked at X units in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, centrifugal clothes-dryer imports skyrocketed to $X in 2021. Over the period under review, imports posted a moderate expansion. The growth pace was the most rapid in 2015 when imports increased by 207%. As a result, imports attained the peak of $X. From 2016 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Turkey (X units) constituted the largest supplier of centrifugal clothes-dryer to South Africa, accounting for a 40% share of total imports. Moreover, centrifugal clothes-dryer imports from Turkey exceeded the figures recorded by the second-largest supplier, China (X units), threefold. Italy (X units) ranked third in terms of total imports with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Turkey stood at -1.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-30.2% per year) and Italy (+12.0% per year).

In value terms, Turkey ($X) constituted the largest supplier of centrifugal clothes-dryers to South Africa, comprising 38% of total imports. The second position in the ranking was taken by China ($X), with a 13% share of total imports. It was followed by Italy, with a 13% share.

From 2012 to 2021, the average annual growth rate of value from Turkey stood at +40.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-5.7% per year) and Italy (+32.1% per year).

Import Prices by Country

In 2021, the average centrifugal clothes-dryer import price amounted to $X per unit, stabilizing at the previous year. Over the period under review, the import price showed a significant increase. The most prominent rate of growth was recorded in 2016 when the average import price increased by 557%. Over the period under review, average import prices attained the peak figure in 2021 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United Arab Emirates ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+77.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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