South Africa: Balloon And Dirigible Market 2024

Balloon And Dirigible Market Size in South Africa

The South African balloon and dirigible market reduced markedly to $X in 2022, shrinking by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption saw a abrupt shrinkage. Balloon and dirigible consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Balloon And Dirigible Exports

Exports from South Africa

In 2022, overseas shipments of balloons, dirigibles and other non-powered aircraft increased by X% to X units, rising for the second year in a row after three years of decline. In general, exports, however, continue to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. As a result, the exports reached the peak of X units. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, balloon and dirigible exports soared to $X in 2022. Over the period under review, exports recorded a strong increase. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X units) was the main destination for balloon and dirigible exports from South Africa, with a X% share of total exports. Moreover, balloon and dirigible exports to Germany exceeded the volume sent to the second major destination, the United Arab Emirates (X units), eightfold. The third position in this ranking was held by Tanzania (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Germany stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Tanzania (X% per year).

In value terms, Germany ($X) remains the key foreign market for balloons, dirigibles and other non-powered aircraft exports from South Africa, comprising X% of total exports. The second position in the ranking was held by Tanzania ($X), with a X% share of total exports. It was followed by Namibia, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Germany stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tanzania (X% per year) and Namibia (X% per year).

Export Prices by Country

The average balloon and dirigible export price stood at $X per unit in 2022, jumping by X% against the previous year. Overall, the export price continues to indicate significant growth. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Botswana (X%), while the prices for the other major destinations experienced mixed trend patterns.

Balloon And Dirigible Imports

Imports into South Africa

In 2022, approx. X units of balloons, dirigibles and other non-powered aircraft were imported into South Africa; waning by X% against the previous year's figure. In general, imports recorded a deep setback. The growth pace was the most rapid in 2021 when imports increased by X%. Over the period under review, imports attained the peak figure at X units in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, balloon and dirigible imports surged to $X in 2022. Over the period under review, imports continue to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

The UK (X units), Japan (X units) and Mexico (X units) were the main suppliers of balloon and dirigible imports to South Africa, together comprising X% of total imports. Spain, the United States, Belgium and Hong Kong SAR lagged somewhat behind, together accounting for a further X%.

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

In value terms, the UK ($X) constituted the largest supplier of balloons, dirigibles and other non-powered aircraft to South Africa, comprising X% of total imports. The second position in the ranking was held by Japan ($X), with a X% share of total imports. It was followed by the United States, with a X% share.

From 2012 to 2022, the average annual growth rate of value from the UK was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (X% per year) and the United States (X% per year).

Import Prices by Country

The average balloon and dirigible import price stood at $X per unit in 2022, surging by X% against the previous year. Overall, the import price enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2016 when the average import price increased by X%. The import price peaked at $X per unit in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($X per unit), while the price for Belgium ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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