South Africa: Telephone Apparatus Market 2024

Telephone Apparatus Market Size in South Africa

The South African telephone apparatus market contracted to $X in 2022, waning by -7.2% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption faced a precipitous setback. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market remained at a lower figure.

Telephone Apparatus Exports

Exports from South Africa

In 2022, shipments abroad of telephone apparatus decreased by -17.2% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, exports showed a dramatic downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 137%. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, telephone apparatus exports contracted to $X in 2022. Overall, exports recorded a pronounced descent. The pace of growth appeared the most rapid in 2013 with an increase of 22%. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Hong Kong SAR (X tons), Botswana (X tons) and Swaziland (X tons) were the main destinations of telephone apparatus exports from South Africa, with a combined 30% share of total exports. Namibia, Zimbabwe, Zambia, Lesotho, Mozambique, Mauritius, the UK, Bangladesh, the Netherlands and Sweden lagged somewhat behind, together accounting for a further 24%.

From 2012 to 2021, the biggest increases were recorded for Bangladesh (with a CAGR of +70.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for telephone apparatus exported from South Africa were Namibia ($X), Botswana ($X) and Swaziland ($X), together accounting for 43% of total exports. Hong Kong SAR, Lesotho, Zimbabwe, Bangladesh, the Netherlands, Mozambique, the UK, Zambia, Sweden and Mauritius lagged somewhat behind, together comprising a further 31%.

Bangladesh, with a CAGR of +61.5%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average telephone apparatus export price amounted to $X per ton, rising by 3.8% against the previous year. Overall, the export price saw a significant expansion. The most prominent rate of growth was recorded in 2016 when the average export price increased by 1,937% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Namibia ($X per ton), while the average price for exports to Hong Kong SAR ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+2.9%), while the prices for the other major destinations experienced a decline.

Telephone Apparatus Imports

Imports into South Africa

In 2022, telephone apparatus imports into South Africa contracted to X tons, shrinking by -8% compared with the year before. Overall, imports saw a sharp descent. The pace of growth appeared the most rapid in 2015 when imports increased by 189%. As a result, imports reached the peak of X tons. From 2016 to 2022, the growth of imports remained at a lower figure.

In value terms, telephone apparatus imports contracted modestly to $X in 2022. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 25% against the previous year. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of telephone apparatus to South Africa, with a 23% share of total imports. Moreover, telephone apparatus imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), eightfold. India (X tons) ranked third in terms of total imports with a 0.9% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +19.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+17.2% per year) and India (+0.6% per year).

In value terms, China ($X) constituted the largest supplier of telephone apparatus to South Africa, comprising 64% of total imports. The second position in the ranking was taken by Vietnam ($X), with a 16% share of total imports. It was followed by India, with a 5.1% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +18.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+10.5% per year) and India (+0.9% per year).

Import Prices by Country

In 2021, the average telephone apparatus import price amounted to $X per ton, jumping by 30% against the previous year. In general, the import price posted a significant increase. The pace of growth appeared the most rapid in 2016 an increase of 11,872% against the previous year. The import price peaked at $X per ton in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+1.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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