SADC: Market for Central Heating Boilers, For Producing Hot Water Or Low Pressure Steam 2024

Market Size for Central Heating Boilers, For Producing Hot Water Or Low Pressure Steam in SADC

The SADC market for central heating boilers, for producing hot water or low pressure steam rose modestly to $X in 2023, surging by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked in 2023 and is likely to see steady growth in the near future.

Production of Central Heating Boilers, For Producing Hot Water Or Low Pressure Steam in SADC

In value terms, production of central heating boilers, for producing hot water or low pressure steam totaled $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The level of production peaked at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.

Exports of Central Heating Boilers, For Producing Hot Water Or Low Pressure Steam

Exports in SADC

Exports of central heating boilers, for producing hot water or low pressure steam contracted rapidly to X units in 2023, with a decrease of X% compared with 2022. Overall, exports saw a abrupt descent. The most prominent rate of growth was recorded in 2022 when exports increased by X%. Over the period under review, the exports of reached the peak figure at X units in 2017; however, from 2018 to 2023, the exports remained at a lower figure.

In value terms, exports of central heating boilers, for producing hot water or low pressure steam shrank remarkably to $X in 2023. Over the period under review, exports saw a abrupt decrease. The most prominent rate of growth was recorded in 2016 when exports increased by X%. The level of export peaked at $X in 2018; however, from 2019 to 2023, the exports remained at a lower figure.

Exports by Country

South Africa represented the largest exporting country with an export of around X units, which amounted to X% of total exports. Namibia (X units) ranks second in terms of the total exports with a X% share, followed by Tanzania (X%), Mauritius (X%), Malawi (X%) and Swaziland (X%). Zimbabwe (X units) followed a long way behind the leaders.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Namibia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X) remains the largest central heating boilers, for producing hot water or low pressure steam supplier in SADC, comprising X% of total exports. The second position in the ranking was taken by Swaziland ($X), with an X% share of total exports. It was followed by Malawi, with a X% share.

In South Africa, exports of central heating boilers, for producing hot water or low pressure steam contracted by an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: Swaziland (X% per year) and Malawi (X% per year).

Export Prices by Country

In 2023, the export price in SADC amounted to $X per unit, increasing by X% against the previous year. Overall, the export price continues to indicate a noticeable increase. The growth pace was the most rapid in 2016 when the export price increased by X%. As a result, the export price attained the peak level of $X per unit. From 2017 to 2023, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Swaziland ($X per unit), while Namibia ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Zimbabwe (X%), while the other leaders experienced more modest paces of growth.

Imports of Central Heating Boilers, For Producing Hot Water Or Low Pressure Steam

Imports in SADC

In 2023, imports of central heating boilers, for producing hot water or low pressure steam in SADC soared to X units, picking up by X% compared with the previous year. In general, imports enjoyed a temperate increase. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, imports of attained the maximum at X units in 2017; however, from 2018 to 2023, imports failed to regain momentum.

In value terms, imports of central heating boilers, for producing hot water or low pressure steam surged to $X in 2023. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports of attained the maximum at $X in 2017; however, from 2018 to 2023, imports remained at a lower figure.

Imports by Country

Zimbabwe was the key importing country with an import of about X units, which accounted for X% of total imports. Tanzania (X units) took the second position in the ranking, followed by Namibia (X units) and Malawi (X units). All these countries together held near X% share of total imports. The following importers - Zambia (X units) and Angola (X units) - each accounted for a X% share of total imports.

Imports into Zimbabwe increased at an average annual rate of X% from 2012 to 2023. At the same time, Malawi (X%), Namibia (X%) and Tanzania (X%) displayed positive paces of growth. Moreover, Malawi emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2023. By contrast, Zambia (X%) and Angola (X%) illustrated a downward trend over the same period. While the share of Zimbabwe (X p.p.) and Malawi (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Zambia (X p.p.) and Angola (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Zimbabwe ($X) constitutes the largest market for imported central heating boilers, for producing hot water or low pressure steam in SADC, comprising X% of total imports. The second position in the ranking was taken by Tanzania ($X), with a X% share of total imports. It was followed by Namibia, with an X% share.

From 2012 to 2023, the average annual growth rate of value in Zimbabwe stood at X%. In the other countries, the average annual rates were as follows: Tanzania (X% per year) and Namibia (X% per year).

Import Prices by Country

The import price in SADC stood at $X per unit in 2023, rising by X% against the previous year. Overall, the import price, however, recorded a perceptible contraction. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2013; however, from 2014 to 2023, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Namibia ($X per unit), while Tanzania ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Namibia (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform