South Africa: Lcds And Plasmas Market 2024

Lcds And Plasmas Market Size in South Africa

The South African LCDs and plasmas market shrank to $X in 2022, dropping by -4.3% against the previous year. Over the period under review, consumption showed a abrupt curtailment. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Lcds And Plasmas Production in South Africa

In value terms, LCDs and plasmas production contracted notably to $X in 2022 estimated in export price. Overall, production recorded a deep reduction. The most prominent rate of growth was recorded in 2017 with an increase of 73% against the previous year. Production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Lcds And Plasmas Exports

Exports from South Africa

In 2022, shipments abroad of flat panel video monitor, lcd or plasma increased by 7.4% to X units for the first time since 2018, thus ending a three-year declining trend. Overall, exports, however, saw a abrupt setback. The pace of growth was the most pronounced in 2015 with an increase of 105% against the previous year. As a result, the exports attained the peak of X units. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, LCDs and plasmas exports declined to $X in 2022. In general, exports, however, continue to indicate a noticeable decline. The pace of growth was the most pronounced in 2017 with an increase of 85%. Over the period under review, the exports attained the maximum at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

Namibia (X units), Swaziland (X units) and Botswana (X units) were the main destinations of LCDs and plasmas exports from South Africa, together accounting for 71% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Namibia (with a CAGR of +16.0%), while the other leaders experienced mixed trend patterns.

In value terms, Namibia ($X) remains the key foreign market for flat panel video monitor, lcd or plasma exports from South Africa, comprising 42% of total exports. The second position in the ranking was held by Botswana ($X), with a 16% share of total exports. It was followed by Lesotho, with a 7.7% share.

From 2012 to 2022, the average annual growth rate of value to Namibia amounted to +17.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Botswana (-1.1% per year) and Lesotho (+8.7% per year).

Export Prices by Country

The average LCDs and plasmas export price stood at $X per unit in 2022, reducing by -12.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.9%. The pace of growth was the most pronounced in 2013 an increase of 59%. The export price peaked at $X per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Zambia ($X per unit), while the average price for exports to Swaziland ($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 Djibouti (+6,591.8%), while the prices for the other major destinations experienced more modest paces of growth.

Lcds And Plasmas Imports

Imports into South Africa

In 2022, purchases abroad of flat panel video monitor, lcd or plasma was finally on the rise to reach X units after five years of decline. Over the period under review, imports, however, recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2016 when imports increased by 57%. As a result, imports attained the peak of X units. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, LCDs and plasmas imports skyrocketed to $X in 2022. In general, imports, however, continue to indicate a abrupt contraction. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest LCDs and plasmas supplier to South Africa, accounting for a 89% share of total imports. It was followed by Hong Kong SAR (X units), with a 2.3% share of total imports. Thailand (X units) ranked third in terms of total imports with a 1.9% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to -2.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (-1.0% per year) and Thailand (-7.4% per year).

In value terms, China ($X) constituted the largest supplier of flat panel video monitor, lcd or plasma to South Africa, comprising 83% of total imports. The second position in the ranking was held by Thailand ($X), with a 2.2% share of total imports. It was followed by Japan, with a 1.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at -5.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (-4.6% per year) and Japan (-6.1% per year).

Import Prices by Country

In 2022, the average LCDs and plasmas import price amounted to $X per unit, growing by 9% against the previous year. In general, the import price, however, recorded a slight contraction. The pace of growth appeared the most rapid in 2017 when the average import price increased by 21%. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($X per unit), while the price for the United Arab Emirates ($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 Arab Emirates (+6.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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