South Africa: Market for Spray Guns And Similar Appliances 2024

Market Size for Spray Guns And Similar Appliances in South Africa

The South African market for spray guns and similar appliances surged to $X in 2022, growing by 20% 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, the total consumption indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +22.6% against 2019 indices. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Exports of Spray Guns And Similar Appliances

Exports from South Africa

In 2022, exports of spray guns and similar appliances from South Africa dropped remarkably to X units, with a decrease of -41.9% against the year before. Overall, exports, however, saw perceptible growth. The growth pace was the most rapid in 2019 with an increase of 70% against the previous year. The exports peaked at X units in 2021, and then contracted markedly in the following year.

In value terms, spray guns and similar appliances exports fell rapidly to $X in 2022. In general, total exports indicated a mild expansion from 2012 to 2022: its value increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -41.9% against 2019 indices. The most prominent rate of growth was recorded in 2019 with an increase of 60% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Swaziland (X units), Namibia (X units) and Democratic Republic of the Congo (X units) were the main destinations of spray guns and similar appliances exports from South Africa, together accounting for 37% of total exports. Botswana, Mozambique, Zambia, Zimbabwe, Russia, Australia, Lesotho, Kenya and Ghana lagged somewhat behind, together accounting for a further 51%.

From 2012 to 2022, the biggest increases were recorded for Russia (with a CAGR of +81.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for spray guns and similar appliances exported from South Africa were Swaziland ($X), Namibia ($X) and Democratic Republic of the Congo ($X), with a combined 37% share of total exports. Botswana, Mozambique, Zambia, Zimbabwe, Russia, Australia, Lesotho, Kenya and Ghana lagged somewhat behind, together accounting for a further 51%.

Among the main countries of destination, Russia, with a CAGR of +43.2%, recorded the highest rates of growth with regard to 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 spray guns and similar appliances stood at $X per unit in 2022, with an increase of 43% against the previous year. Overall, the export price, however, showed a slight decrease. The export price peaked at $X per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Ghana ($X per unit) and Russia ($X per unit), while the average price for exports to Australia ($X per unit) and Zambia ($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 Mozambique (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Spray Guns And Similar Appliances

Imports into South Africa

In 2022, overseas purchases of spray guns and similar appliances decreased by -6.3% to X units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated a mild expansion from 2012 to 2022: its volume increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 79% against the previous year. As a result, imports attained the peak of X units. From 2018 to 2022, the growth of imports failed to regain momentum.

In value terms, spray guns and similar appliances imports rose sharply to $X in 2022. The total import value increased at an average annual rate of +3.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2017 with an increase of 61% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of spray guns and similar appliances to South Africa, accounting for a 49% share of total imports. Moreover, spray guns and similar appliances imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), twofold. The United States (X units) ranked third in terms of total imports with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +19.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+9.2% per year) and the United States (-4.2% per year).

In value terms, China ($X) constituted the largest supplier of spray guns and similar appliances to South Africa, comprising 49% of total imports. The second position in the ranking was held by Germany ($X), with a 20% share of total imports. It was followed by the United States, with a 13% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to +9.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+14.8% per year) and the United States (-0.9% per year).

Import Prices by Country

In 2022, the average import price for spray guns and similar appliances amounted to $X per unit, surging by 18% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($X per unit) and China ($X per unit), while the price for Italy ($X per unit) and the UK ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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