South Africa: Market for Special-Purpose Electric Lamps and Lighting Fittings 2024

Market Size for Special-Purpose Electric Lamps and Lighting Fittings in South Africa

The South African market for special-purpose electric lamps and lighting fittings shrank to $X in 2022, declining by -6.1% against the previous year. Over the period under review, consumption continues to indicate a mild shrinkage. Consumption of peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Special-Purpose Electric Lamps and Lighting Fittings in South Africa

In value terms, production of special-purpose electric lamps and lighting fittings rose markedly to $X in 2022 estimated in export price. Overall, production posted a tangible increase. The pace of growth appeared the most rapid in 2017 when the production volume increased by 123% against the previous year. Over the period under review, production of hit record highs at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Special-Purpose Electric Lamps and Lighting Fittings

Exports from South Africa

For the fourth consecutive year, South Africa recorded decline in shipments abroad of special-purpose electric lamps and lighting fittings, which decreased by -1% to X units in 2022. In general, exports recorded a drastic downturn. The most prominent rate of growth was recorded in 2014 when exports increased by 22% against the previous year. Over the period under review, the exports of attained the maximum at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, exports of special-purpose electric lamps and lighting fittings dropped to $X in 2022. Over the period under review, exports showed a pronounced decrease. The pace of growth appeared the most rapid in 2021 with an increase of 35% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Namibia (X units), Botswana (X units) and Swaziland (X units) were the main destinations of exports of special-purpose electric lamps and lighting fittings from South Africa, with a combined 56% share 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 Botswana (with a CAGR of -2.3%), while the other leaders experienced a decline.

In value terms, the largest markets for special-purpose electric lamp and lighting fitting exported from South Africa were Namibia ($X), Botswana ($X) and Zambia ($X), together accounting for 54% of total exports. Swaziland, Mozambique, Democratic Republic of the Congo, Zimbabwe, Lesotho, Malawi, the UK and Angola lagged somewhat behind, together comprising a further 29%.

In terms of the main countries of destination, Democratic Republic of the Congo, with a CAGR of +1.0%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average export price for special-purpose electric lamps and lighting fittings stood at $X per unit in 2022, shrinking by -12% against the previous year. Over the period under review, export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for special-purpose electric lamps and lighting fittings increased by +19.9% against 2020 indices. The pace of growth appeared the most rapid in 2013 an increase of 42% against the previous year. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($X per unit), while the average price for exports to Lesotho ($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 the UK (+11.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Special-Purpose Electric Lamps and Lighting Fittings

Imports into South Africa

In 2022, imports of special-purpose electric lamps and lighting fittings into South Africa dropped rapidly to X units, which is down by -15.4% against 2021 figures. The total import volume increased at an average annual rate of +3.4% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 43% against the previous year. As a result, imports reached the peak of X units, and then dropped sharply in the following year.

In value terms, imports of special-purpose electric lamps and lighting fittings dropped rapidly to $X in 2022. Overall, imports recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 46%. Over the period under review, imports of reached the maximum at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) was the main supplier of special-purpose electric lamp and lighting fitting to South Africa, accounting for a approx. 91% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China totaled +4.0%.

In value terms, China ($X) constituted the largest supplier of special-purpose electric lamps and lighting fittings to South Africa.

From 2012 to 2022, the average annual growth rate of value from China amounted to -2.7%.

Import Prices by Country

The average import price for special-purpose electric lamps and lighting fittings stood at $X per unit in 2022, almost unchanged from the previous year. Over the period under review, the import price saw a abrupt setback. The pace of growth appeared the most rapid in 2018 when the average import price increased by 3%. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -6.4% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :