South Africa: Optical Radiation Instruments Market 2025

Optical Radiation Instruments Market Size in South Africa

In 2022, the South African optical radiation instruments market decreased by -20.7% to $X for the first time since 2018, thus ending a three-year rising trend. Over the period under review, consumption recorded a pronounced slump. Optical radiation instruments consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Optical Radiation Instruments Exports

Exports from South Africa

In 2022, approx. X units of instruments using optical radiations were exported from South Africa; reducing by -21.4% compared with the year before. In general, exports saw a deep reduction. The pace of growth appeared the most rapid in 2021 when exports increased by 28% 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, optical radiation instruments exports contracted markedly to $X in 2022. Overall, exports, however, showed a notable increase. The growth pace was the most rapid in 2016 when exports increased by 57%. Over the period under review, the exports reached the peak figure at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X units), Zimbabwe (X units) and Zambia (X units) were the main destinations of optical radiation instruments exports from South Africa, together accounting for 27% of total exports. China, Uganda, Botswana, Namibia, Tanzania, Malawi, Mauritius, Swaziland, Democratic Republic of the Congo and Angola lagged somewhat behind, together accounting for a further 44%.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +54.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Zimbabwe ($X) and Zambia ($X) were the largest markets for optical radiation instruments exported from South Africa worldwide, with a combined 27% share of total exports. China, Uganda, Botswana, Namibia, Tanzania, Malawi, Mauritius, Swaziland, Democratic Republic of the Congo and Angola lagged somewhat behind, together accounting for a further 44%.

China, with a CAGR of +70.8%, recorded the highest growth rate of 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 2022, the average optical radiation instruments export price amounted to $X per unit, declining by -4.8% against the previous year. Over the period under review, the export price, however, enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2016 when the average export price increased by 76%. Over the period under review, the average export prices hit record highs at $X per unit in 2021, and then dropped modestly in the following year.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Uganda ($X per unit) and Mauritius ($X per unit), while the average price for exports to Zambia ($X per unit) and China ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Namibia (+22.2%), while the prices for the other major destinations experienced more modest paces of growth.

Optical Radiation Instruments Imports

Imports into South Africa

In 2022, optical radiation instruments imports into South Africa shrank significantly to X units, waning by -21.5% compared with 2021. Overall, imports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2016 with an increase of 23%. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, optical radiation instruments imports fell rapidly to $X in 2022. In general, imports continue to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 21%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

The United States (X units), Japan (X units) and China (X units) were the main suppliers of optical radiation instruments imports to South Africa, with a combined 60% share of total imports. Germany, Singapore, the UK, Switzerland, Denmark, Hungary and Sweden lagged somewhat behind, together comprising a further 28%.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of +23.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest optical radiation instruments suppliers to South Africa were the United States ($X), Japan ($X) and China ($X), together accounting for 60% of total imports. Germany, Singapore, the UK, Switzerland, Denmark, Hungary and Sweden lagged somewhat behind, together comprising a further 28%.

In terms of the main suppliers, Hungary, with a CAGR of +29.9%, recorded 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

The average optical radiation instruments import price stood at $X per unit in 2022, with an increase of 1.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.3%. The most prominent rate of growth was recorded in 2015 when the average import price increased by 23%. The import price peaked in 2022 and is likely to see gradual growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Denmark ($X per unit) and the United States ($X per unit), while the price for Singapore ($X per unit) and Hungary ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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