South Africa: Insulating Fittings Market 2025

Insulating Fittings Market Size in South Africa

In 2021, the South African insulating fittings market decreased by -4.8% to $X for the first time since 2018, thus ending a two-year rising trend. Over the period under review, consumption, however, showed a noticeable setback. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Insulating Fittings Production in South Africa

In value terms, insulating fittings production declined to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a abrupt setback. The growth pace was the most rapid in 2020 with an increase of 22%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Insulating Fittings Exports

Exports from South Africa

In 2021, overseas shipments of insulating fittings for electrical purposes were finally on the rise to reach X tons after two years of decline. In general, exports, however, showed a drastic downturn. The pace of growth was the most pronounced in 2018 when exports increased by 35%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, insulating fittings exports fell to $X in 2021. Over the period under review, exports, however, saw a abrupt contraction. The growth pace was the most rapid in 2020 with an increase of 12% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Switzerland (X tons), Botswana (X tons) and Democratic Republic of the Congo (X tons) were the main destinations of insulating fittings exports from South Africa, together comprising 45% of total exports. These countries were followed by Zimbabwe, Zambia, Mozambique, Lesotho, Myanmar, Congo, Rwanda, Namibia, the UK and Cameroon, which together accounted for a further 44%.

From 2012 to 2021, the biggest increases were recorded for Cameroon (with a CAGR of +162.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Democratic Republic of the Congo ($X), Mozambique ($X) and Switzerland ($X) were the largest markets for insulating fittings exported from South Africa worldwide, with a combined 41% share of total exports. Botswana, Zimbabwe, Zambia, Congo, Rwanda, Cameroon, Lesotho, Namibia, the UK and Myanmar lagged somewhat behind, together accounting for a further 46%.

Congo, with a CAGR of +151.0%, 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

The average insulating fittings export price stood at $X per ton in 2021, which is down by -11.9% against the previous year. In general, the export price continues to indicate a slight downturn. The most prominent rate of growth was recorded in 2020 an increase of 29% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Mozambique (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.

Insulating Fittings Imports

Imports into South Africa

In 2021, purchases abroad of insulating fittings for electrical purposes was finally on the rise to reach X tons after two years of decline. Overall, imports, however, recorded a abrupt downturn. The most prominent rate of growth was recorded in 2014 with an increase of 56% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth of imports remained at a lower figure.

In value terms, insulating fittings imports surged to $X in 2021. Over the period under review, imports, however, continue to indicate a abrupt setback. Imports peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of insulating fittings to South Africa, accounting for a 57% share of total imports. Moreover, insulating fittings imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X tons), threefold. Italy (X tons) ranked third in terms of total imports with a 7.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to -5.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+10.4% per year) and Italy (+8.7% per year).

In value terms, the largest insulating fittings suppliers to South Africa were China ($X), Taiwan (Chinese) ($X) and Italy ($X), together accounting for 61% of total imports. These countries were followed by Japan, the United States, Germany, Sweden and Switzerland, which together accounted for a further 15%.

In terms of the main suppliers, Switzerland, with a CAGR of +23.5%, saw the highest rates of growth with regard to 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 2021, the average insulating fittings import price amounted to $X per ton, dropping by -15.3% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average import price increased by 76%. The import price peaked at $X per ton in 2020, and then plummeted in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+12.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :