South Africa - Electrical Apparatus For Sound Or Visual Signalling - Market Analysis, Forecast, Size, Trends And Insights
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View PricingElectrical Signalling Apparatus Price in South Africa - 2023
Contents:
- Electrical Signalling Apparatus Price in South Africa (CIF) - 2022
- Electrical Signalling Apparatus Price in South Africa (FOB) - 2022
- Electrical Signalling Apparatus Imports in South Africa
- Electrical Signalling Apparatus Exports in South Africa
Electrical Signalling Apparatus Price in South Africa (CIF) - 2022
In 2022, the average electrical signalling apparatus import price amounted to $6 per unit, picking up by 6.1% against the previous year. Over the last decade, it increased at an average annual rate of +3.1%. The pace of growth was the most pronounced in 2021 an increase of 9.8%. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($6.7 per unit), while the price for Lesotho (less than $0.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire (+64.2%), while the prices for the other major suppliers experienced a decline.
Electrical Signalling Apparatus Price in South Africa (FOB) - 2022
In 2022, the average electrical signalling apparatus export price amounted to $6.7 per unit, with an increase of 12% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. Over the period under review, the average export prices reached the maximum at $9 per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tanzania ($7.1 per unit), while the average price for exports to Hungary ($1.2 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 Hungary (+9.9%), while the prices for the other major destinations experienced mixed trend patterns.
Electrical Signalling Apparatus Imports in South Africa
In 2022, approx. 2.7M units of electrical apparatus for sound or visual signalling were imported into South Africa; increasing by 14% on the previous year's figure. Over the period under review, imports, however, continue to indicate a noticeable slump. The most prominent rate of growth was recorded in 2021 when imports increased by 17% against the previous year. Imports peaked at 3.1M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, electrical signalling apparatus imports soared to $16M in 2022. Overall, total imports indicated a moderate increase from 2019 to 2022: its value increased at an average annual rate of +2.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.6% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 28% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
Import of Electrical Signalling Apparatus in South Africa (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 3,985 | 2,904 | 4,081 | 6,664 | 18.7% |
United States | 1,953 | 1,401 | 1,517 | 2,888 | 13.9% |
Taiwan (Chinese) | 2,487 | 717 | 2,126 | 1,519 | -15.2% |
United Kingdom | 2,315 | 1,131 | 1,242 | 1,127 | -21.3% |
Sweden | 44.0 | 22.6 | 45.6 | 608 | 140.0% |
France | 322 | 146 | 256 | 365 | 4.3% |
Australia | 211 | 52.1 | 63.1 | 278 | 9.6% |
Germany | 598 | 207 | 270 | 273 | -23.0% |
Japan | 431 | 942 | 453 | 250 | -16.6% |
Botswana | 3.8 | N/A | 3.3 | 3.9 | 0.9% |
Namibia | 3.2 | 0.2 | N/A | 1.2 | -27.9% |
Lesotho | 0.7 | N/A | N/A | 0.1 | -47.7% |
Others | 2,741 | 2,784 | 3,159 | 2,064 | -9.0% |
Total | 15,094 | 10,307 | 13,216 | 16,041 | 2.0% |
Top Suppliers of Electrical Signalling Apparatus to South Africa in 2022:
- China (999.3K units)
- United States (433.0K units)
- Taiwan (Chinese) (227.8K units)
- United Kingdom (169.0K units)
- Sweden (91.2K units)
- Botswana (83.6K units)
- Namibia (80.9K units)
- Lesotho (76.9K units)
- France (54.7K units)
- Australia (41.7K units)
- Germany (40.9K units)
- Japan (37.5K units)
Electrical Signalling Apparatus Exports in South Africa
In 2022, approx. 1.4M units of electrical apparatus for sound or visual signalling were exported from South Africa; remaining stable against the previous year. In general, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +6.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +61.1% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 63% against the previous year. As a result, the exports attained the peak of 1.5M units, leveling off in the following year.
In value terms, electrical signalling apparatus exports rose significantly to $9.7M in 2022. Over the period under review, exports continue to indicate a noticeable curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 30% against the previous year. Over the period under review, the exports hit record highs at $11M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Electrical Signalling Apparatus in South Africa (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Namibia | 761 | 1,161 | 1,837 | 1,936 | 36.5% |
Botswana | 5,457 | 2,062 | 2,253 | 1,603 | -33.5% |
United States | 550 | 315 | 335 | 798 | 13.2% |
Mozambique | 899 | 718 | 470 | 518 | -16.8% |
Australia | 443 | 200 | 292 | 466 | 1.7% |
Chile | 189 | 26.4 | 122 | 437 | 32.2% |
Democratic Republic of the Congo | 252 | 201 | 458 | 436 | 20.0% |
Zambia | 338 | 302 | 374 | 357 | 1.8% |
Tanzania | 74.7 | 186 | 214 | 333 | 64.6% |
China | 105 | 7.1 | 0.2 | 268 | 36.7% |
Venezuela | N/A | N/A | N/A | 244 | 0% |
Nigeria | 55.0 | 23.1 | 78.5 | 209 | 56.0% |
Hungary | N/A | N/A | 59.7 | 91.1 | 52.6% |
Others | 1,784 | 1,546 | 2,295 | 2,042 | 4.6% |
Total | 10,908 | 6,748 | 8,789 | 9,738 | -3.7% |
Top Export Markets for Electrical Signalling Apparatus from South Africa in 2022:
- Namibia (274.3K units)
- Botswana (227.2K units)
- United States (113.2K units)
- Hungary (74.0K units)
- Mozambique (73.5K units)
- Australia (66.1K units)
- Chile (61.9K units)
- Democratic Republic of the Congo (61.8K units)
- Zambia (50.6K units)
- Tanzania (47.2K units)
- China (38.0K units)
- Venezuela (34.6K units)
- Nigeria (29.6K units)
This report provides an in-depth analysis of the electrical signalling apparatus market in South Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 27902080 - Electrical apparatus for sound or visual signalling, n.e.c.
Country coverage:
- South Africa
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in South Africa
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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