South Africa: Electricity Supply Meter Market 2025

Electricity Supply Meter Market Size in South Africa

The South African electricity supply meter market expanded remarkably to $X in 2022, rising by X% against the previous year. Over the period under review, consumption enjoyed a buoyant expansion. Electricity supply meter consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Electricity Supply Meter Production in South Africa

In value terms, electricity supply meter production reduced to $X in 2022 estimated in export price. Over the period under review, production, however, enjoyed perceptible growth. The pace of growth appeared the most rapid in 2016 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Electricity Supply Meter Exports

Exports from South Africa

In 2022, overseas shipments of electricity supply or production meters increased by X% to X units, rising for the third consecutive year after two years of decline. Over the period under review, exports, however, showed a deep downturn. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, electricity supply meter exports expanded rapidly to $X in 2022. Overall, exports, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Zambia (X units) was the main destination for electricity supply meter exports from South Africa, accounting for a X% share of total exports. Moreover, electricity supply meter exports to Zambia exceeded the volume sent to the second major destination, Botswana (X units), threefold. Mozambique (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Zambia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Botswana (X% per year) and Mozambique (X% per year).

In value terms, Zambia ($X) emerged as the key foreign market for electricity supply or production meters exports from South Africa, comprising X% of total exports. The second position in the ranking was held by Botswana ($X), with an X% share of total exports. It was followed by Mozambique, with an X% share.

From 2012 to 2022, the average annual growth rate of value to Zambia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Botswana (X% per year) and Mozambique (X% per year).

Export Prices by Country

In 2022, the average electricity supply meter export price amounted to $X per unit, almost unchanged from the previous year. Over the period under review, the export price recorded a abrupt slump. The pace of growth was the most pronounced in 2018 when the average export price increased by X%. Over the period under review, the average export prices attained the maximum at $X per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Uganda ($X per unit), while the average price for exports to Sudan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uganda (X%), while the prices for the other major destinations experienced a decline.

Electricity Supply Meter Imports

Imports into South Africa

Electricity supply meter imports into South Africa soared to X units in 2022, jumping by X% against the previous year's figure. In general, imports recorded a prominent increase. Imports peaked at X units in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, electricity supply meter imports surged to $X in 2022. Over the period under review, total imports indicated a notable increase 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. The most prominent rate of growth was recorded in 2017 when imports increased by X%. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, China (X units) was the main supplier of electricity supply meter to South Africa, with a X% share of total imports. Moreover, electricity supply meter imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X units), more than tenfold. The United States (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (X% per year) and the United States (X% per year).

In value terms, China ($X) constituted the largest supplier of electricity supply or production meters to South Africa, comprising X% of total imports. The second position in the ranking was taken by Vietnam ($X), with a X% share of total imports. It was followed by the United States, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (X% per year) and the United States (X% per year).

Import Prices by Country

The average electricity supply meter import price stood at $X per unit in 2022, declining by X% against the previous year. Overall, the import price showed a drastic downturn. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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