South Africa: Market for Cooling Towers, Vacuum-Vapour Plants, And Other Machinery for Material Treatment by Heating or Cooling Process 2024

Market Size for Cooling Towers, Vacuum-Vapour Plants, And Other Machinery for Material Treatment by Heating or Cooling Process in South Africa

In 2022, the South African market for cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process was finally on the rise to reach $X after three years of decline. Over the period under review, consumption, however, showed a sharp descent. Consumption of peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Exports of Cooling Towers, Vacuum-Vapour Plants, And Other Machinery for Material Treatment by Heating or Cooling Process

Exports from South Africa

In 2022, approx. X units of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process were exported from South Africa; which is down by X% on 2021 figures. Overall, exports continue to indicate a abrupt decrease. The growth pace was the most rapid in 2019 with an increase of X%. The exports peaked at X units in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process fell notably to $X in 2022. In general, exports, however, saw pronounced growth. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports of failed to regain momentum.

Exports by Country

Zimbabwe (X units), the United States (X units) and Zambia (X units) were the main destinations of exports of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process from South Africa, together accounting for X% of total exports. Botswana, Mozambique, Nigeria, Tanzania, Liberia, the UK, Tunisia, Namibia, Brazil and Angola lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Liberia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Zimbabwe ($X), the United States ($X) and Zambia ($X) constituted the largest markets for machinery for material treatment by heating or cooling process exported from South Africa worldwide, together comprising X% of total exports. Botswana, Mozambique, Nigeria, Tanzania, Liberia, the UK, Tunisia, Namibia, Angola and Brazil lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Liberia, with a CAGR of X%, saw the highest growth rate of 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

The average export price for cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process stood at $X per unit in 2022, picking up by X% against the previous year. Over the period under review, the export price posted a buoyant increase. The pace of growth appeared the most rapid in 2016 when the average export price increased by X%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Tunisia ($X per unit) and Liberia ($X per unit), while the average price for exports to Brazil ($X per unit) and Tanzania ($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 Liberia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cooling Towers, Vacuum-Vapour Plants, And Other Machinery for Material Treatment by Heating or Cooling Process

Imports into South Africa

In 2022, approx. X units of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process were imported into South Africa; remaining relatively unchanged against the previous year's figure. In general, imports showed a abrupt contraction. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Over the period under review, imports of hit record highs at X units in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process declined slightly to $X in 2022. Overall, imports saw a deep downturn. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

China (X units), Germany (X units) and Italy (X units) were the main suppliers of imports of cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process to South Africa, with a combined X% share of total imports. The United States, France, the UK, India, Singapore, Switzerland, Brazil, the Netherlands, Sweden and Portugal lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Brazil (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest machinery for material treatment by heating or cooling process suppliers to South Africa were China ($X), Germany ($X) and Italy ($X), together accounting for X% of total imports. The United States, France, the UK, India, Singapore, Switzerland, Brazil, the Netherlands, Sweden and Portugal lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Brazil, with a CAGR of X%, 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

In 2022, the average import price for cooling towers, vacuum-vapour plants, and other machinery for material treatment by heating or cooling process amounted to $X per unit, dropping by X% against the previous year. Over the period under review, the import price, however, showed a prominent increase. The pace of growth appeared the most rapid in 2016 an increase of X%. The import price peaked at $X per unit in 2021, and then reduced in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Sweden ($X per unit) and Singapore ($X per unit), while the price for the Netherlands ($X per unit) and Switzerland ($X per unit) were amongst the lowest.

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

Source: IndexBox Platform

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