Report Update Nov 1, 2024

South Africa - Electric Smoothing Irons - Market Analysis, Forecast, Size, Trends and Insights

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South Africa: Smoothing Iron Market 2024

Smoothing Iron Market Size in South Africa

The South African smoothing iron market skyrocketed to $X in 2021, increasing by 16% against the previous year. In general, consumption, however, saw a slight shrinkage. Smoothing iron consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Smoothing Iron Production in South Africa

In value terms, smoothing iron production stood at $X in 2021 estimated in export price. Overall, production saw a precipitous decrease. The most prominent rate of growth was recorded in 2019 with a decrease of -30.1%. Smoothing iron production peaked at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Smoothing Iron Exports

Exports from South Africa

In 2021, overseas shipments of electric smoothing irons increased by 1.8% to X units for the first time since 2018, thus ending a two-year declining trend. In general, exports showed prominent growth. The most prominent rate of growth was recorded in 2014 with an increase of 106% against the previous year. Over the period under review, the exports hit record highs at X units in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, smoothing iron exports totaled $X in 2021. Overall, exports, however, showed a deep downturn. The pace of growth was the most pronounced in 2014 when exports increased by 17% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Botswana (X units), Namibia (X units) and Swaziland (X units) were the main destinations of smoothing iron exports from South Africa, with a combined 67% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Swaziland (with a CAGR of +16.9%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for smoothing iron exported from South Africa were Botswana ($X), Namibia ($X) and Swaziland ($X), with a combined 66% share of total exports.

Among the main countries of destination, Swaziland, with a CAGR of +1.6%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2021, the average smoothing iron export price amounted to $X per unit, approximately reflecting the previous year. Overall, the export price, however, continues to indicate a abrupt descent. The growth pace was the most rapid in 2020 when the average export price increased by 73%. The export price peaked at $X per unit in 2013; however, from 2014 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 Zimbabwe ($X per unit), while the average price for exports to Lesotho ($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 Zimbabwe (-4.6%), while the prices for the other major destinations experienced a decline.

Smoothing Iron Imports

Imports into South Africa

In 2021, imports of electric smoothing irons into South Africa reduced to X units, which is down by -6% compared with the year before. In general, imports recorded a noticeable contraction. The growth pace was the most rapid in 2019 with an increase of 16% against the previous year. As a result, imports reached the peak of X units. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, smoothing iron imports shrank to $X in 2021. Over the period under review, imports continue to indicate a perceptible curtailment. The growth pace was the most rapid in 2019 when imports increased by 18%. Imports peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X units) was the main smoothing iron supplier to South Africa, accounting for a 99% share of total imports. It was followed by Indonesia (X units), with a 0.8% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from China amounted to -2.1%.

In value terms, China ($X) constituted the largest supplier of electric smoothing irons to South Africa, comprising 97% of total imports. The second position in the ranking was taken by Indonesia ($X), with a 2.9% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China amounted to -3.9%.

Import Prices by Country

In 2021, the average smoothing iron import price amounted to $X per unit, remaining constant against the previous year. In general, the import price continues to indicate a slight reduction. The pace of growth was the most pronounced in 2019 when the average import price increased by 2.3% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

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 Indonesia ($X per unit), while the price for China totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+5.6%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for electric smoothing irons in the world?

The countries with the highest volumes of in 2021 were China, the United States and Brazil, together comprising 41% of global consumption.

What are the largest producers of electric smoothing irons in the world?

China constituted the country with the largest volume of smoothing iron production, comprising approx. 64% of total volume. Moreover, smoothing iron production in China exceeded the figures recorded by the second-largest producer, the United States, ninefold. The third position in this ranking was occupied by Indonesia, with a 5.3% share.

What are the leading suppliers of electric smoothing irons to South Africa?

In value terms, China constituted the largest supplier of smoothing iron to South Africa.

What are the leading importers of electric smoothing irons from South Africa?

In value terms, Botswana, Namibia and Swaziland constituted the largest markets for smoothing iron exported from South Africa worldwide, together comprising 66% of total exports.

What is the average export price for electric smoothing irons in South Africa?

In 2021, the average smoothing iron export price amounted to $9 per unit, remaining constant against the previous year.

What is the average import price for electric smoothing irons in South Africa?

In 2021, the average smoothing iron import price amounted to $0.7 per unit, picking up by 94% against the previous year.

This report provides an in-depth analysis of the smoothing iron market in South Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 27512370 - Electric smoothing irons

Country coverage:

South Africa

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in South Africa
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023