SADC: Electronic Material Tester Market 2024

Electronic Material Tester Market Size in SADC

In 2021, the SADC electronic material tester market increased by 21% to $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption, however, recorded a perceptible decline. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.

Electronic Material Tester Production in SADC

In value terms, electronic material tester production soared to $X in 2021 estimated in export price. The total production indicated a moderate increase from 2012 to 2021: its value increased at an average annual rate of +3.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -16.1% against 2019 indices. The pace of growth was the most pronounced in 2017 when the production volume increased by 28%. The level of production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Electronic Material Tester Exports

Exports in SADC

In 2021, overseas shipments of electronic machines and appliances for testing materials were finally on the rise to reach X units after seven years of decline. In general, exports, however, saw a abrupt decrease. The pace of growth was the most pronounced in 2013 when exports increased by 43%. As a result, the exports attained the peak of X units. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, electronic material tester exports contracted slightly to $X in 2021. Over the period under review, exports, however, showed a abrupt slump. The pace of growth appeared the most rapid in 2015 when exports increased by 61%. As a result, the exports attained the peak of $X. From 2016 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

South Africa prevails in exports structure, resulting at X units, which was near 86% of total exports in 2021. It was distantly followed by Zambia (X units), comprising a 7.2% share of total exports. Lesotho (X units) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to electronic material tester exports from South Africa stood at -16.1%. At the same time, Zambia (+20.1%) displayed positive paces of growth. Moreover, Zambia emerged as the fastest-growing exporter exported in SADC, with a CAGR of +20.1% from 2012-2021. By contrast, Lesotho (-15.2%) illustrated a downward trend over the same period. South Africa (+7.7 p.p.) and Zambia (+7 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest electronic material tester supplier in SADC, comprising 92% of total exports. The second position in the ranking was held by Zambia ($X), with a 3.7% share of total exports.

In South Africa, electronic material tester exports contracted by an average annual rate of -8.4% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Zambia (+29.7% per year) and Lesotho (-1.9% per year).

Export Prices by Country

The export price in SADC stood at $X per unit in 2021, shrinking by -5.6% against the previous year. In general, the export price, however, posted strong growth. The pace of growth was the most pronounced in 2015 an increase of 64%. The level of export peaked at $X per unit in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was South Africa ($X per unit), while Lesotho ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Lesotho (+15.6%), while the other leaders experienced more modest paces of growth.

Electronic Material Tester Imports

Imports in SADC

In 2021, overseas purchases of electronic machines and appliances for testing materials increased by 16% to X units for the first time since 2018, thus ending a two-year declining trend. Overall, imports, however, saw a abrupt setback. The most prominent rate of growth was recorded in 2014 when imports increased by 22% against the previous year. As a result, imports attained the peak of X units. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, electronic material tester imports surged to $X in 2021. Over the period under review, imports, however, saw a deep setback. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Tanzania represented the key importer of electronic machines and appliances for testing materials in SADC, with the volume of imports accounting for X units, which was approx. 43% of total imports in 2021. It was distantly followed by South Africa (X units), Zambia (X units), Botswana (X units) and Angola (X units), together making up a 38% share of total imports. The following importers - Zimbabwe (X units) and Madagascar (X units) - each finished at an 8% share of total imports.

Imports into Tanzania increased at an average annual rate of +6.6% from 2012 to 2021. At the same time, Madagascar (+41.5%), Zambia (+12.2%) and Zimbabwe (+1.0%) displayed positive paces of growth. Moreover, Madagascar emerged as the fastest-growing importer imported in SADC, with a CAGR of +41.5% from 2012-2021. Botswana experienced a relatively flat trend pattern. By contrast, Angola (-14.9%) and South Africa (-23.5%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Tanzania, Zambia, Botswana, Madagascar and Zimbabwe increased by +33, +9.3, +4.3, +3.6 and +2.7 percentage points, respectively.

In value terms, South Africa ($X) constitutes the largest market for imported electronic machines and appliances for testing materials in SADC, comprising 49% of total imports. The second position in the ranking was held by Tanzania ($X), with a 17% share of total imports. It was followed by Zambia, with a 9.7% share.

From 2012 to 2021, the average annual growth rate of value in South Africa amounted to -10.3%. The remaining importing countries recorded the following average annual rates of imports growth: Tanzania (+3.2% per year) and Zambia (+14.6% per year).

Import Prices by Country

The import price in SADC stood at $X per unit in 2021, growing by 6.8% against the previous year. Import price indicated temperate growth from 2012 to 2021: its price increased at an average annual rate of +2.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, electronic material tester import price decreased by -19.9% against 2017 indices. The pace of growth appeared the most rapid in 2017 an increase of 56% against the previous year. As a result, import price attained the peak level of $X per unit. From 2018 to 2021, the import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Africa (+17.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform