SADC: Keyboards Market 2024

Keyboards Market Size in SADC

In 2022, the SADC keyboards market increased by 4.6% to $X, rising for the fourth consecutive year after five years of decline. The total consumption indicated a slight expansion from 2012 to 2022: its value increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +66.5% against 2018 indices. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Keyboards Production in SADC

In value terms, keyboards production reached $X in 2022 estimated in export price. The total production indicated modest growth from 2012 to 2022: its value increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -0.8% against 2020 indices. The growth pace was the most rapid in 2019 when the production volume increased by 74% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Keyboards Exports

Exports in SADC

In 2022, overseas shipments of keyboards increased by 17% to X units, rising for the second year in a row after three years of decline. Overall, exports, however, showed a perceptible reduction. The most prominent rate of growth was recorded in 2021 with an increase of 34%. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, keyboards exports skyrocketed to $X in 2022. In general, exports, however, saw a noticeable decrease. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The biggest shipments were from South Africa (X units), together resulting at 97% of total export.

South Africa was also the fastest-growing in terms of the keyboards exports, with a CAGR of -3.4% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) also remains the largest keyboards supplier in SADC.

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa totaled -3.8%.

Export Prices by Country

In 2022, the export price in SADC amounted to $X per unit, with an increase of 16% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. Over the period under review, the export prices attained the maximum at $X per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for South Africa.

From 2012 to 2022, the rate of growth in terms of prices for South Africa amounted to -0.3% per year.

Keyboards Imports

Imports in SADC

In 2022, the amount of keyboards imported in SADC expanded modestly to X units, surging by 2% compared with 2021. The total import volume increased at an average annual rate of +2.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 31%. The volume of import peaked at X units in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, keyboards imports reached $X in 2022. Over the period under review, imports, however, recorded a perceptible downturn. The most prominent rate of growth was recorded in 2021 with an increase of 36% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

South Africa dominates imports structure, finishing at X units, which was near 77% of total imports in 2022. It was distantly followed by Tanzania (X units), achieving a 9.4% share of total imports. Angola (X units) held a relatively small share of total imports.

Imports into South Africa increased at an average annual rate of +3.1% from 2012 to 2022. At the same time, Tanzania (+16.6%) displayed positive paces of growth. Moreover, Tanzania emerged as the fastest-growing importer imported in SADC, with a CAGR of +16.6% from 2012-2022. By contrast, Angola (-9.2%) illustrated a downward trend over the same period. While the share of Tanzania (+6.8 p.p.) and South Africa (+3.5 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Angola (-10.3 p.p.) displayed negative dynamics.

In value terms, South Africa ($X) constitutes the largest market for imported keyboards in SADC, comprising 70% of total imports. The second position in the ranking was held by Angola ($X), with a 5.9% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa stood at -2.9%. In the other countries, the average annual rates were as follows: Angola (-6.0% per year) and Tanzania (-4.6% per year).

Import Prices by Country

The import price in SADC stood at $X per unit in 2022, standing approx. at the previous year. Over the period under review, the import price, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2014 when the import price increased by 6% against the previous year. Over the period under review, import prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Angola (+3.6%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform