South Africa: Totaliser Market 2024

Totaliser Market Size in South Africa

The South African totaliser market surged to $X in 2021, increasing by 434% against the previous year. Overall, consumption, however, recorded a abrupt slump. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Totaliser Production in South Africa

In value terms, totaliser production surged to $X in 2021 estimated in export price. Over the period under review, the total production indicated slight growth from 2012 to 2021: its value increased at an average annual rate of +1.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -22.8% against 2018 indices. The most prominent rate of growth was recorded in 2018 with an increase of 73% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2021, production growth remained at a somewhat lower figure.

Totaliser Exports

Exports from South Africa

In 2021, totaliser exports from South Africa declined to X units, waning by -9.8% compared with the previous year. Overall, exports, however, showed notable growth. The growth pace was the most rapid in 2017 with an increase of 243% against the previous year. As a result, the exports reached the peak of X units. From 2018 to 2021, the growth of the exports remained at a lower figure.

In value terms, totaliser exports fell to $X in 2021. In general, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 154%. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

The UK (X units), Zimbabwe (X units) and Latvia (X units) were the main destinations of totaliser exports from South Africa, with a combined 35% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Latvia (with a CAGR of +155.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for totaliser exported from South Africa were Zimbabwe ($X), Democratic Republic of the Congo ($X) and Mozambique ($X), together accounting for 44% of total exports. These countries were followed by Latvia, Zambia, Botswana, Namibia, Sierra Leone, the UK, Tanzania, Ghana and Seychelles, which together accounted for a further 40%.

Among the main countries of destination, Latvia, with a CAGR of +100.9%, recorded the highest rates of growth with regard to the value of exports, 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 totaliser export price amounted to $X per unit, shrinking by -3.8% against the previous year. In general, the export price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2018 when the average export price increased by 94% against the previous year. The export price peaked at $X per unit in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Zimbabwe ($X per unit), while the average price for exports to Seychelles ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (+3.5%), while the prices for the other major destinations experienced a decline.

Totaliser Imports

Imports into South Africa

In 2021, the amount of continuous and discontinuous totalisers imported into South Africa surged to X units, picking up by 1,330% on 2020 figures. Over the period under review, imports, however, continue to indicate a abrupt descent. The pace of growth was the most pronounced in 2019 when imports increased by 4,711%. Over the period under review, imports hit record highs at X units in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, totaliser imports rose to $X in 2021. Overall, imports, however, saw a drastic downturn. The growth pace was the most rapid in 2017 with an increase of 332% against the previous year. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Iceland (X units) constituted the largest supplier of totaliser to South Africa, accounting for a 83% share of total imports. Moreover, totaliser imports from Iceland exceeded the figures recorded by the second-largest supplier, Italy (X units), sevenfold. The third position in this ranking was held by China (X units), with a 2.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Iceland totaled -3.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-16.4% per year) and China (+16.7% per year).

In value terms, China ($X), Mexico ($X) and Iceland ($X) constituted the largest totaliser suppliers to South Africa, with a combined 42% share of total imports.

In terms of the main suppliers, Mexico, with a CAGR of +1,044.6%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average totaliser import price amounted to $X per unit, which is down by -92.8% against the previous year. In general, the import price recorded a noticeable decline. The growth pace was the most rapid in 2018 when the average import price increased by 6,503%. As a result, import price reached the peak level of $X per unit. From 2019 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ireland (+451.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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