SADC: Market for Instruments for Measuring Electrical Quantities 2025

Market Size for Instruments for Measuring Electrical Quantities in SADC

In 2021, the SADC market for instruments for measuring electrical quantities increased by 2.1% to $X, rising for the third year in a row after two years of decline. The market value increased at an average annual rate of +1.3% from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The level of consumption peaked in 2021 and is likely to continue growth in the near future.

Production of Instruments for Measuring Electrical Quantities in SADC

In value terms, instruments for measuring electrical quantities production contracted to $X in 2021 estimated in export price. The total production indicated slight growth from 2012 to 2021: its value increased at an average annual rate of +1.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +69.2% against 2018 indices. The pace of growth appeared the most rapid in 2019 when the production volume increased by 47%. The level of production peaked at $X in 2020, and then dropped in the following year.

Exports of Instruments for Measuring Electrical Quantities

Exports in SADC

In 2021, overseas shipments of instruments for measuring electrical quantities increased by 17% to X units for the first time since 2018, thus ending a two-year declining trend. In general, exports recorded modest growth. The growth pace was the most rapid in 2018 with an increase of 149%. As a result, the exports reached the peak of X units. From 2019 to 2021, the growth of the exports remained at a lower figure.

In value terms, instruments for measuring electrical quantities exports soared to $X in 2021. Total exports indicated noticeable growth from 2012 to 2021: its value increased at an average annual rate of +3.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of export peaked at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

South Africa was the main exporting country with an export of around X units, which recorded 56% of total exports. Angola (X units) took the second position in the ranking, distantly followed by Zambia (X units). All these countries together took approx. 33% share of total exports. Tanzania (X units), Malawi (X units), Mozambique (X units) and Seychelles (X units) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to instruments for measuring electrical quantities exports from South Africa stood at +17.7%. At the same time, Seychelles (+27.7%), Malawi (+21.3%) and Angola (+2.2%) displayed positive paces of growth. Moreover, Seychelles emerged as the fastest-growing exporter exported in SADC, with a CAGR of +27.7% from 2012-2021. By contrast, Zambia (-1.3%), Tanzania (-4.2%) and Mozambique (-18.4%) illustrated a downward trend over the same period. From 2012 to 2021, the share of South Africa, Angola and Malawi increased by +41, +2.5 and +2.2 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest instruments for measuring electrical quantities supplier in SADC, comprising 90% of total exports. The second position in the ranking was held by Tanzania ($X), with a 3% share of total exports. It was followed by Angola, with a 2.6% share.

In South Africa, instruments for measuring electrical quantities exports expanded at an average annual rate of +4.6% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Tanzania (+28.1% per year) and Angola (-11.0% per year).

Export Prices by Country

In 2021, the export price in SADC amounted to $X per unit, increasing by 34% against the previous year. Over the period under review, the export price saw a slight expansion. The most prominent rate of growth was recorded in 2020 when the export price increased by 57%. The level of export peaked at $X per unit in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was South Africa ($X per unit), while Angola ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Tanzania (+33.7%), while the other leaders experienced more modest paces of growth.

Imports of Instruments for Measuring Electrical Quantities

Imports in SADC

In 2021, supplies from abroad of instruments for measuring electrical quantities increased by 75% to X units for the first time since 2017, thus ending a three-year declining trend. Total imports indicated a modest increase from 2012 to 2021: its volume increased at an average annual rate of +1.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, imports reached the peak figure at X units in 2013; afterwards, it flattened through to 2021.

In value terms, instruments for measuring electrical quantities imports skyrocketed to $X in 2021. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The level of import peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Angola (X units) was the largest importer of instruments for measuring electrical quantities, making up 44% of total imports. It was distantly followed by South Africa (X units), Zambia (X units), Democratic Republic of the Congo (X units) and Swaziland (X units), together comprising a 47% share of total imports. Zimbabwe (X units) held a little share of total imports.

From 2012 to 2021, the biggest increases were recorded for Swaziland (with a CAGR of +27.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X) constitutes the largest market for imported instruments for measuring electrical quantities in SADC, comprising 64% of total imports. The second position in the ranking was taken by Angola ($X), with a 12% share of total imports. It was followed by Democratic Republic of the Congo, with a 5.8% share.

In South Africa, instruments for measuring electrical quantities imports decreased by an average annual rate of -1.8% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Angola (-2.9% per year) and Democratic Republic of the Congo (+13.8% per year).

Import Prices by Country

In 2021, the import price in SADC amounted to $X per unit, dropping by -23.5% against the previous year. Over the period under review, the import price recorded a noticeable decline. The most prominent rate of growth was recorded in 2016 when the import price increased by 22%. As a result, import price reached the peak level of $X per unit. From 2017 to 2021, the import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Zambia (+4.3%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform