South Africa: Market for Iron Or Steel Liquid Fuel Domestic Appliances 2025

Market Size for Iron Or Steel Liquid Fuel Domestic Appliances in South Africa

The South African metal liquid fuel appliances market plummeted to $X in 2022, with a decrease of -85.4% against the previous year. Over the period under review, consumption faced a dramatic contraction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Iron Or Steel Liquid Fuel Domestic Appliances in South Africa

In value terms, metal liquid fuel appliances production reduced remarkably to $X in 2022 estimated in export price. Overall, production, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2021 when the production volume increased by 243%. Metal liquid fuel appliances production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Exports of Iron Or Steel Liquid Fuel Domestic Appliances

Exports from South Africa

In 2022, metal liquid fuel appliances exports from South Africa declined to X units, shrinking by -12% against 2021 figures. Over the period under review, exports, however, saw a prominent increase. The most prominent rate of growth was recorded in 2017 when exports increased by 78%. Over the period under review, the exports attained the maximum at X units in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, metal liquid fuel appliances exports contracted to $X in 2022. Overall, exports saw a drastic downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 48% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Spain (X units) was the main destination for metal liquid fuel appliances exports from South Africa, with a 75% share of total exports. Moreover, metal liquid fuel appliances exports to Spain exceeded the volume sent to the second major destination, Namibia (X units), sixfold. The third position in this ranking was taken by Lesotho (X units), with a 7.1% share.

From 2012 to 2022, the average annual growth rate of volume to Spain amounted to +78.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Namibia (-4.5% per year) and Lesotho (+28.4% per year).

In value terms, Spain ($X) remains the key foreign market for iron or steel liquid fuel domestic appliances exports from South Africa, comprising 73% of total exports. The second position in the ranking was taken by Namibia ($X), with a 12% share of total exports. It was followed by Lesotho, with a 4.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Spain stood at +44.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Namibia (-22.3% per year) and Lesotho (-0.1% per year).

Export Prices by Country

The average metal liquid fuel appliances export price stood at $X per unit in 2022, approximately reflecting the previous year. In general, the export price, however, faced a abrupt downturn. The growth pace was the most rapid in 2020 an increase of 25%. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Botswana ($X per unit), while the average price for exports to Lesotho ($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 (-14.7%), while the prices for the other major destinations experienced a decline.

Imports of Iron Or Steel Liquid Fuel Domestic Appliances

Imports into South Africa

In 2022, the amount of iron or steel liquid fuel domestic appliances imported into South Africa fell dramatically to X units, shrinking by -78.1% against the previous year. Over the period under review, imports saw a abrupt descent. The pace of growth was the most pronounced in 2021 with an increase of 205% against the previous year. Over the period under review, imports attained the peak figure at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, metal liquid fuel appliances imports shrank rapidly to $X in 2022. In general, imports showed a sharp reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 110%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) was the main metal liquid fuel appliances supplier to South Africa, accounting for a approx. 98% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at -19.7%.

In value terms, China ($X) constituted the largest supplier of iron or steel liquid fuel domestic appliances to South Africa.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled -22.4%.

Import Prices by Country

The average metal liquid fuel appliances import price stood at $X per unit in 2022, rising by 35% against the previous year. In general, the import price, however, continues to indicate a noticeable slump. The most prominent rate of growth was recorded in 2018 when the average import price increased by 40% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -3.3% per year.

Source: IndexBox Platform

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