SADC: Spectrometers And Spectrophotometers Market 2024

Spectrometers And Spectrophotometers Market Size in SADC

In 2022, the SADC spectrometers and spectrophotometers market increased by X% to $X, rising for the third year in a row after three years of decline. The total consumption indicated slight growth from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2019 indices. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market failed to regain momentum.

Spectrometers And Spectrophotometers Production in SADC

In value terms, spectrometers and spectrophotometers production surged to $X in 2022 estimated in export price. In general, production, however, showed a mild expansion. The pace of growth was the most pronounced in 2020 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Spectrometers And Spectrophotometers Exports

Exports in SADC

In 2022, approx. X units of spectrometers and spectrophotometers were exported in SADC; shrinking by X% against the year before. Overall, exports, however, showed resilient growth. The pace of growth appeared the most rapid in 2019 with an increase of X%. Over the period under review, the exports attained the peak figure at X units in 2021, and then shrank in the following year.

In value terms, spectrometers and spectrophotometers exports expanded markedly to $X in 2022. Over the period under review, exports, however, saw a prominent increase. The most prominent rate of growth was recorded in 2019 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

South Africa dominates exports structure, resulting at X units, which was near X% of total exports in 2022. Malawi (X units) took a relatively small share of total exports.

Exports from South Africa increased at an average annual rate of X% from 2012 to 2022. At the same time, Malawi (X%) displayed positive paces of growth. Moreover, Malawi emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2022. South Africa (X 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 ($X) remains the largest spectrometers and spectrophotometers supplier in SADC, comprising X% of total exports. The second position in the ranking was held by Malawi ($X), with a X% share of total exports.

In South Africa, spectrometers and spectrophotometers exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in SADC amounted to $X per unit, rising by X% against the previous year. Over the period under review, the export price, however, continues to indicate a perceptible descent. The pace of growth appeared the most rapid in 2014 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was South Africa ($X per unit), while Malawi amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malawi (X%).

Spectrometers And Spectrophotometers Imports

Imports in SADC

In 2022, after five years of growth, there was significant decline in supplies from abroad of spectrometers and spectrophotometers, when their volume decreased by X% to X units. Over the period under review, imports, however, saw tangible growth. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of X units, and then fell in the following year.

In value terms, spectrometers and spectrophotometers imports stood at $X in 2022. In general, imports continue to indicate a slight decrease. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

South Africa dominates imports structure, accounting for X units, which was approx. X% of total imports in 2022. The following importers - Angola (X units) and Democratic Republic of the Congo (X units) - each resulted at a X% share of total imports.

Imports into South Africa increased at an average annual rate of X% from 2012 to 2022. At the same time, Democratic Republic of the Congo (X%) and Angola (X%) displayed positive paces of growth. Moreover, Democratic Republic of the Congo emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2022. While the share of South Africa (X p.p.) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported spectrometers and spectrophotometers in SADC, comprising X% of total imports. The second position in the ranking was taken by Democratic Republic of the Congo ($X), with a X% share of total imports.

In South Africa, spectrometers and spectrophotometers imports shrank by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Democratic Republic of the Congo (X% per year) and Angola (X% per year).

Import Prices by Country

The import price in SADC stood at $X per unit in 2022, picking up by X% against the previous year. In general, the import price, however, showed a abrupt descent. The pace of growth was the most pronounced in 2015 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

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 Democratic Republic of the Congo ($X per unit), while South Africa ($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 (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform