South Africa: Microscope Market 2024

Microscope Market Size in South Africa

The South African microscope market skyrocketed to $X in 2021, rising by 20% against the previous year. In general, consumption showed a relatively flat trend pattern. Microscope consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Microscope Production in South Africa

In value terms, microscope production amounted to less than $X in 2021 estimated in export price. In general, production continues to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2014 when the production volume increased by 241%. As a result, production attained the peak level of $X. From 2015 to 2021, production growth remained at a somewhat lower figure.

Microscope Exports

Exports from South Africa

In 2021, the amount of microscopes and diffraction apparatus exported from South Africa skyrocketed to X units, rising by 141% compared with 2020 figures. In general, exports, however, faced a precipitous curtailment. Over the period under review, the exports reached the maximum at X units in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, microscope exports fell markedly to $X in 2021. Overall, exports, however, faced a precipitous decrease. The pace of growth appeared the most rapid in 2017 when exports increased by 727% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Namibia (X units), Senegal (X units) and Zambia (X units) were the main destinations of microscope exports from South Africa, with a combined 79% 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 Zambia (with a CAGR of +3.9%), while the other leaders experienced more modest paces of growth.

In value terms, Senegal ($X), Zambia ($X) and Botswana ($X) appeared to be the largest markets for microscope exported from South Africa worldwide, with a combined 70% share of total exports.

In terms of the main countries of destination, Botswana, with a CAGR of +36.3%, 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

The average microscope export price stood at $X per unit in 2021, which is down by -78.3% against the previous year. Overall, the export price, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 482%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Zimbabwe ($X per unit), while the average price for exports to Namibia ($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 Botswana (+30.9%), while the prices for the other major destinations experienced more modest paces of growth.

Microscope Imports

Imports into South Africa

In 2021, approx. X units of microscopes and diffraction apparatus were imported into South Africa; declining by -82.3% against 2020 figures. Over the period under review, imports continue to indicate a significant curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 25%. Imports peaked at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, microscope imports dropped to $X in 2021. Overall, imports saw a abrupt contraction. The growth pace was the most rapid in 2017 when imports increased by 80% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Japan (X units) constituted the largest microscope supplier to South Africa, accounting for a 57% share of total imports. Moreover, microscope imports from Japan exceeded the figures recorded by the second-largest supplier, China (X units), twofold. The United States (X units) ranked third in terms of total imports with a 5.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Japan totaled +95.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-24.6% per year) and the United States (-34.1% per year).

In value terms, Japan ($X) constituted the largest supplier of microscopes and diffraction apparatus to South Africa, comprising 94% of total imports. The second position in the ranking was taken by Germany ($X), with a 2.5% share of total imports. It was followed by China, with a 0.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Japan totaled +79.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-35.3% per year) and China (-24.0% per year).

Import Prices by Country

The average microscope import price stood at $X per unit in 2021, growing by 388% against the previous year. In general, the import price enjoyed a significant increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was Japan ($X per unit), while the price for Australia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Cyprus (+297.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :