South Africa: Civil Reaction Engine Market 2024

Civil Reaction Engine Market Size in South Africa

The South African civil reaction engine market contracted dramatically to $X in 2021, with a decrease of -86% against the previous year. In general, consumption faced a dramatic contraction. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Civil Reaction Engine Production in South Africa

In value terms, civil reaction engine production shrank slightly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.5% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2015 when the production volume increased by 11%. As a result, production attained the peak level of $X. From 2016 to 2021, production growth remained at a lower figure.

Civil Reaction Engine Exports

Exports from South Africa

In 2021, exports of civil reaction engines from South Africa contracted sharply to X units, falling by -22.6% against the previous year. In general, exports showed a abrupt decline. The most prominent rate of growth was recorded in 2019 with an increase of 61%. Over the period under review, the exports attained the maximum at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, civil reaction engine exports declined remarkably to $X in 2021. Over the period under review, exports recorded a deep setback. The pace of growth was the most pronounced in 2013 when exports increased by 7.2% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Namibia (X units), Lesotho (X units) and Democratic Republic of the Congo (X units) were the main destinations of civil reaction engine exports from South Africa, together comprising 63% of total exports. These countries were followed by Zimbabwe, Tanzania, Swaziland, Mozambique, Botswana and Angola, which together accounted for a further 32%.

From 2012 to 2021, the biggest increases were recorded for Tanzania (with a CAGR of +200.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for civil reaction engine exported from South Africa were Tanzania ($X), Democratic Republic of the Congo ($X) and Namibia ($X), with a combined 56% share of total exports.

Tanzania, with a CAGR of +56.3%, recorded the highest growth rate of 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

In 2021, the average civil reaction engine export price amounted to $X per unit, waning by -10.1% against the previous year. Overall, export price indicated measured growth from 2012 to 2021: its price increased at an average annual rate of +2.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, civil reaction engine export price increased by +44.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 when the average export price increased by 60%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tanzania ($X per unit), while the average price for exports to Lesotho ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Namibia (-2.3%), while the prices for the other major destinations experienced a decline.

Civil Reaction Engine Imports

Imports into South Africa

In 2021, the amount of civil reaction engines imported into South Africa declined notably to X units, dropping by -86.8% compared with 2020 figures. Over the period under review, imports saw a sharp reduction. The pace of growth appeared the most rapid in 2020 when imports increased by 7,612% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, civil reaction engine imports contracted notably to $X in 2021. Overall, imports saw a dramatic contraction. The pace of growth was the most pronounced in 2017 with an increase of 16,994% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Italy (X units) constituted the largest supplier of civil reaction engine to South Africa, accounting for a 70% share of total imports. Moreover, civil reaction engine imports from Italy exceeded the figures recorded by the second-largest supplier, Germany (X units), threefold.

From 2012 to 2021, the average annual growth rate of volume from Italy amounted to +51.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+8.3% per year) and China (-37.6% per year).

In value terms, Italy ($X) constituted the largest supplier of civil reaction engines to South Africa, comprising 39% of total imports. The second position in the ranking was taken by Germany ($X), with a 14% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Italy stood at +80.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+9.2% per year) and China (-30.4% per year).

Import Prices by Country

The average civil reaction engine import price stood at $X per unit in 2021, which is down by -10.4% against the previous year. Over the period under review, the import price, however, recorded a prominent expansion. The pace of growth was the most pronounced in 2017 an increase of 551%. As a result, import price attained the peak level of $X per unit. From 2018 to 2021, the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Italy ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Lesotho (+46.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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