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Report Africa - Radio Receivers for Motor Vehicles - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Africa - Radio Receivers for Motor Vehicles - Market Analysis, Forecast, Size, Trends and Insights

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Africa: Vehicle Radio Market 2024

Vehicle Radio Market Size in Africa

In 2022, the African vehicle radio market was finally on the rise to reach $X after three years of decline. In general, consumption saw a pronounced slump. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Vehicle Radio Production in Africa

In value terms, vehicle radio production rose modestly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of 26% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Vehicle Radio Exports

Exports in Africa

In 2022, after three years of growth, there was significant decline in shipments abroad of radio receivers for motor vehicles, when their volume decreased by -43.4% to X units. In general, exports continue to indicate a slight curtailment. The growth pace was the most rapid in 2017 when exports increased by 83% against the previous year. Over the period under review, the exports hit record highs at X units in 2021, and then contracted significantly in the following year.

In value terms, vehicle radio exports dropped rapidly to $X in 2022. Over the period under review, exports recorded a abrupt slump. The pace of growth appeared the most rapid in 2021 when exports increased by 138% against the previous year. As a result, the exports reached the peak of $X, and then declined notably in the following year.

Exports by Country

South Africa represented the main exporting country with an export of around X units, which resulted at 62% of total exports. It was distantly followed by Kenya (X units), committing a 33% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Kenya (with a CAGR of +49.4%).

In value terms, South Africa ($X) remains the largest vehicle radio supplier in Africa, comprising 88% of total exports. The second position in the ranking was taken by Kenya ($X), with a 3% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa stood at -5.6%.

Export Prices by Country

The export price in Africa stood at $X per unit in 2022, dropping by -12.1% against the previous year. Overall, the export price showed a noticeable decrease. The pace of growth appeared the most rapid in 2021 an increase of 78%. Over the period under review, the export prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was South Africa ($X per unit), while Kenya amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (-1.7%).

Vehicle Radio Imports

Imports in Africa

For the fourth year in a row, Africa recorded decline in overseas purchases of radio receivers for motor vehicles, which decreased by -9.7% to X units in 2022. In general, imports showed a abrupt decrease. The growth pace was the most rapid in 2018 with an increase of 98% against the previous year. As a result, imports reached the peak of X units. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, vehicle radio imports totaled $X in 2022. Overall, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when imports increased by 91%. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Morocco (X units) and South Africa (X units) were the largest importers of radio receivers for motor vehicles in 2022, reaching approx. 26% and 24% of total imports, respectively. It was distantly followed by Egypt (X units), Botswana (X units) and Kenya (X units), together generating a 34% share of total imports. The following importers - Algeria (X units) and Mauritius (X units) - together made up 5.3% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Kenya (with a CAGR of +38.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest vehicle radio importing markets in Africa were Morocco ($X), Egypt ($X) and South Africa ($X), together comprising 72% of total imports. Kenya, Algeria, Botswana and Mauritius lagged somewhat behind, together accounting for a further 16%.

Among the main importing countries, Kenya, with a CAGR of +39.9%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Africa stood at $X per unit in 2022, surging by 11% against the previous year. Import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, vehicle radio import price increased by +28.0% against 2017 indices. The growth pace was the most rapid in 2016 an increase of 29% against the previous year. Over the period under review, import prices reached the peak figure in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Algeria ($X per unit), while Botswana ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+12.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

South Africa remains the largest vehicle radio consuming country in Africa, comprising approx. 87% of total volume. Moreover, vehicle radio consumption in South Africa exceeded the figures recorded by the second-largest consumer, Kenya, more than tenfold.
Tunisia remains the largest vehicle radio producing country in Africa, comprising approx. 97% of total volume. It was followed by Mali, with a 1.6% share of total production.
In value terms, South Africa remains the largest vehicle radio supplier in Africa, comprising 64% of total exports. The second position in the ranking was occupied by Algeria, with a 19% share of total exports.
In value terms, Egypt, South Africa and Kenya constituted the countries with the highest levels of imports in 2021, with a combined 53% share of total imports.
In 2021, the export price in Africa amounted to $41 per unit, rising by 11% against the previous year.
The import price in Africa stood at $12 per unit in 2021, surging by 32% against the previous year.

This report provides an in-depth analysis of the vehicle radio market in 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 26401290 - Radio receivers for motor vehicles, n.e.c.

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in Africa, split by region and country
  • Trade (exports and imports) in 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Algeria
    • Angola
    • Benin
    • Botswana
    • Burkina Faso
    • Burundi
    • Cabo Verde
    • Cameroon
    • Central African Republic
    • Chad
    • Comoros
    • Congo
    • Democratic Republic of the Congo
    • Djibouti
    • Egypt
    • Equatorial Guinea
    • Eritrea
    • Ethiopia
    • Gabon
    • Gambia
    • Ghana
    • Guinea
    • Guinea-Bissau
    • Kenya
    • Lesotho
    • Liberia
    • Libya
    • Madagascar
    • Malawi
    • Mali
    • Mauritania
    • Mauritius
    • Mayotte
    • Morocco
    • Mozambique
    • Namibia
    • Niger
    • Nigeria
    • Reunion
    • Rwanda
    • Saint Helena, Ascension and Tristan da Cunha
    • Sao Tome and Principe
    • Senegal
    • Seychelles
    • Sierra Leone
    • Somalia
    • South Africa
    • Sudan
    • Swaziland
    • Tanzania
    • Togo
    • Tunisia
    • Uganda
    • Zambia
    • Zimbabwe
    • Cote d'Ivoire
    • Western Sahara
    • South Sudan

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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