SADC: Market for Turbo-Propellers Of A Power Not Exceeding 1,100 kW 2024

Market Size for Turbo-Propellers Of A Power Not Exceeding 1,100 kW in SADC

The SADC turbo-propeller (under X kW) market rose remarkably to $X in 2023, growing by X% against the previous year. Overall, consumption saw a noticeable curtailment. As a result, consumption attained the peak level of $X. From 2015 to 2023, the growth of the market failed to regain momentum.

Production of Turbo-Propellers Of A Power Not Exceeding X kW in SADC

In value terms, turbo-propeller (under X kW) production shrank modestly to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. The level of production peaked at $X in 2016; however, from 2017 to 2023, production stood at a somewhat lower figure.

Exports of Turbo-Propellers Of A Power Not Exceeding 1,100 kW

Exports in SADC

Turbo-propeller (under X kW) exports surged to X units in 2023, rising by X% against 2022 figures. Over the period under review, exports recorded a resilient increase. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of X units. From 2022 to 2023, the growth of the exports remained at a lower figure.

In value terms, turbo-propeller (under X kW) exports soared to $X in 2023. In general, exports saw a significant increase. The pace of growth was the most pronounced in 2014 with an increase of X%. Over the period under review, the exports attained the maximum in 2023 and are expected to retain growth in the near future.

Exports by Country

South Africa dominates exports structure, amounting to X units, which was near X% of total exports in 2023. The following exporters - Angola (X units), Democratic Republic of the Congo (X units), Mauritius (X units) and Tanzania (X units) - together made up X% of total exports.

South Africa was also the fastest-growing in terms of the turbo-propellers of a power not exceeding X kW exports, with a CAGR of X% from 2012 to 2023. At the same time, Mauritius (X%) displayed positive paces of growth. By contrast, Tanzania (X%), Angola (X%) and Democratic Republic of the Congo (X%) illustrated a downward trend over the same period. While the share of South Africa (X p.p.) and Tanzania (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Democratic Republic of the Congo (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, South Africa ($X) remains the largest turbo-propeller (under X kW) supplier in SADC, comprising X% of total exports. The second position in the ranking was held by Tanzania ($X), with a X% share of total exports. It was followed by Democratic Republic of the Congo, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in South Africa amounted to X%. In the other countries, the average annual rates were as follows: Tanzania (X% per year) and Democratic Republic of the Congo (X% per year).

Export Prices by Country

In 2023, the export price in SADC amounted to $X per unit, with an increase of X% against the previous year. Overall, the export price saw a significant expansion. The growth pace was the most rapid in 2022 an increase of X% against the previous year. Over the period under review, the export prices attained the maximum in 2023 and is likely to see gradual growth in the immediate term.

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 South Africa ($X per unit), while Angola ($X per unit) was amongst the lowest.

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

Imports of Turbo-Propellers Of A Power Not Exceeding 1,100 kW

Imports in SADC

In 2023, the amount of turbo-propellers of a power not exceeding X kW imported in SADC expanded notably to X units, increasing by X% against the previous year. Overall, imports, however, continue to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, imports reached the peak of X units. From 2015 to 2023, the growth of imports failed to regain momentum.

In value terms, turbo-propeller (under X kW) imports surged to $X in 2023. Over the period under review, imports recorded a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

South Africa represented the key importing country with an import of around X units, which reached X% of total imports. It was distantly followed by Angola (X units), Malawi (X units), Zimbabwe (X units) and Namibia (X units), together constituting a X% share of total imports. Seychelles (X units), Mozambique (X units), Tanzania (X units), Democratic Republic of the Congo (X units) and Mauritius (X units) took a relatively small share of total imports.

From 2012 to 2023, average annual rates of growth with regard to turbo-propeller (under X kW) imports into South Africa stood at X%. At the same time, Malawi (X%), Mozambique (X%) and Namibia (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. Mauritius, Seychelles and Zimbabwe experienced a relatively flat trend pattern. By contrast, Angola (X%), Democratic Republic of the Congo (X%) and Tanzania (X%) illustrated a downward trend over the same period. Malawi (X p.p.), Angola (X p.p.), Namibia (X p.p.), Mozambique (X p.p.), Zimbabwe (X p.p.) and Seychelles (X p.p.) significantly strengthened its position in terms of the total imports, while South Africa saw its share reduced by X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported turbo-propellers of a power not exceeding X kW in SADC, comprising X% of total imports. The second position in the ranking was held by Namibia ($X), with an X% share of total imports. It was followed by Angola, with a X% share.

From 2012 to 2023, the average annual growth rate of value in South Africa amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: Namibia (X% per year) and Angola (X% per year).

Import Prices by Country

The import price in SADC stood at $X per unit in 2023, picking up by X% against the previous year. Overall, the import price saw significant growth. The growth pace was the most rapid in 2020 when the import price increased by X%. Over the period under review, import prices hit record highs in 2023 and is expected to retain growth in years to come.

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

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

Source: IndexBox Platform