SADC: Electronic Lamp Machine Market 2024

Electronic Lamp Machine Market Size in SADC

The SADC electronic lamp machine market fell markedly to $X in 2021, declining by -20.3% against the previous year. Over the period under review, consumption showed a abrupt downturn. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Electronic Lamp Machine Production in SADC

In value terms, electronic lamp machine production shrank modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +5.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 30%. Over the period under review, production attained the maximum level at $X in 2020, and then declined slightly in the following year.

Electronic Lamp Machine Exports

Exports in SADC

In 2021, exports of machines for electric or electronic lamps, tubes, valves or flashbulbs in SADC contracted remarkably to X units, dropping by -25.7% against the previous year's figure. In general, exports faced a abrupt shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of 97%. Over the period under review, the exports attained the maximum at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, electronic lamp machine exports fell notably to $X in 2021. Over the period under review, exports continue to indicate a sharp setback. The most prominent rate of growth was recorded in 2020 when exports increased by 278% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Namibia represented the largest exporting country with an export of around X units, which resulted at 83% of total exports. It was distantly followed by South Africa (X units), creating a 17% share of total exports.

Namibia was also the fastest-growing in terms of the machines for electric or electronic lamps, tubes, valves or flashbulbs exports, with a CAGR of +17.6% from 2012 to 2021. South Africa (-27.4%) illustrated a downward trend over the same period. Namibia (+77 p.p.) significantly strengthened its position in terms of the total exports, while South Africa saw its share reduced by -73.3% from 2012 to 2021, respectively.

In value terms, South Africa ($X) remains the largest electronic lamp machine supplier in SADC, comprising 75% of total exports. The second position in the ranking was held by Namibia ($X), with a 25% share of total exports.

From 2012 to 2021, the average annual growth rate of value in South Africa stood at -25.9%.

Export Prices by Country

The export price in SADC stood at $X per unit in 2021, falling by -43.1% against the previous year. Overall, the export price showed a abrupt slump. The most prominent rate of growth was recorded in 2018 when the export price increased by 104% against the previous year. Over the period under review, the export prices reached the maximum at $X per unit in 2012; however, from 2013 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, the country with the highest price was South Africa ($X per unit), while Namibia amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Namibia (+3.7%).

Electronic Lamp Machine Imports

Imports in SADC

In 2021, the amount of machines for electric or electronic lamps, tubes, valves or flashbulbs imported in SADC declined dramatically to X units, reducing by -16.8% against 2020 figures. In general, imports faced a abrupt slump. The most prominent rate of growth was recorded in 2020 when imports increased by 1,947% against the previous year. The volume of import peaked at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, electronic lamp machine imports skyrocketed to $X in 2021. Overall, imports showed a deep slump. The pace of growth was the most pronounced in 2015 with an increase of 109% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

South Africa prevails in imports structure, recording X units, which was approx. 94% of total imports in 2021. Zambia (X units) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to electronic lamp machine imports into South Africa stood at -12.7%. At the same time, Zambia (+42.8%) displayed positive paces of growth. Moreover, Zambia emerged as the fastest-growing importer imported in SADC, with a CAGR of +42.8% from 2012-2021. From 2012 to 2021, the share of South Africa and Zambia increased by +17 and +3 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported machines for electric or electronic lamps, tubes, valves or flashbulbs in SADC, comprising 46% of total imports. The second position in the ranking was taken by Zambia ($X), with a 10% share of total imports.

From 2012 to 2021, the average annual growth rate of value in South Africa stood at +27.6%.

Import Prices by Country

In 2021, the import price in SADC amounted to $X per unit, with an increase of 42% against the previous year. In general, the import price, however, showed a abrupt contraction. The pace of growth was the most pronounced in 2015 an increase of 692%. Over the period under review, import prices attained the peak figure at $X per unit in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Africa (+46.1%).

Source: IndexBox Platform