South Africa: Radar Apparatus Market 2022

Radar Apparatus Market Size in South Africa

In 2021, the South African radar apparatus market increased by 1.4% to $X, rising for the third consecutive year after two years of decline. In general, consumption, however, continues to indicate a pronounced descent. Radar apparatus consumption peaked at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

Radar Apparatus Production in South Africa

In value terms, radar apparatus production declined modestly to $X in 2021 estimated in export price. Overall, production, however, showed a noticeable decline. The pace of growth was the most pronounced in 2016 when the production volume increased by 16%. As a result, production attained the peak level of $X. From 2017 to 2021, production growth remained at a somewhat lower figure.

Radar Apparatus Exports

Exports from South Africa

In 2021, shipments abroad of radar apparatus was finally on the rise to reach X tons after three years of decline. Overall, exports, however, showed a slight slump. The most prominent rate of growth was recorded in 2017 with an increase of 121% against the previous year. The exports peaked at X tons in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, radar apparatus exports dropped markedly to $X in 2021. Over the period under review, exports, however, continue to indicate a noticeable decrease. The pace of growth was the most pronounced in 2015 when exports increased by 27% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

Namibia (X tons), Australia (X tons) and Burkina Faso (X tons) were the main destinations of radar apparatus exports from South Africa, together accounting for 48% 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 Australia (with a CAGR of +61.2%), while the other leaders experienced more modest paces of growth.

In value terms, Australia ($X), Namibia ($X) and Chile ($X) were the largest markets for radar apparatus exported from South Africa worldwide, with a combined 44% share of total exports.

Among the main countries of destination, Australia, with a CAGR of +49.9%, 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

In 2021, the average radar apparatus export price amounted to $X per ton, dropping by -34.1% against the previous year. Overall, the export price saw a mild decline. The pace of growth appeared the most rapid in 2016 when the average export price increased by 142% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2017 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was China ($X per ton), while the average price for exports to Swaziland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Botswana (+10.6%), while the prices for the other major destinations experienced more modest paces of growth.

Radar Apparatus Imports

Imports into South Africa

In 2021, the amount of radar apparatus imported into South Africa surged to X tons, increasing by 17% against the previous year's figure. Overall, imports saw a strong increase. The growth pace was the most rapid in 2013 with an increase of 86% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, radar apparatus imports fell to $X in 2021. Over the period under review, imports saw a resilient expansion. The most prominent rate of growth was recorded in 2014 when imports increased by 78%. Over the period under review, imports attained the maximum at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.

Imports by Country

The United States (X tons), China (X tons) and Namibia (X tons) were the main suppliers of radar apparatus imports to South Africa, with a combined 62% share of total imports.

From 2012 to 2021, the biggest increases were in China (with a CAGR of +131.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest radar apparatus suppliers to South Africa were the United States ($X), Switzerland ($X) and France ($X), together accounting for 53% of total imports. Germany, China, Hungary, Sweden, Taiwan (Chinese), Namibia and Denmark lagged somewhat behind, together accounting for a further 30%.

China, with a CAGR of +105.7%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average radar apparatus import price amounted to $X per ton, falling by -21.2% against the previous year. In general, the import price showed a drastic downturn. The most prominent rate of growth was recorded in 2014 when the average import price increased by 51% against the previous year. The import price peaked at $X per ton in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Switzerland ($X per ton), while the price for Namibia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (+26.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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