South Africa: Radar Apparatus Market 2024

Radar Apparatus Market Size in South Africa

The South African radar apparatus market shrank to $X in 2022, with a decrease of -5.5% against the previous year. Overall, consumption saw a abrupt downturn. Radar apparatus consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Radar Apparatus Production in South Africa

In value terms, radar apparatus production contracted modestly to $X in 2022 estimated in export price. Over the period under review, production showed a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 10% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Radar Apparatus Exports

Exports from South Africa

Radar apparatus exports from South Africa surged to X units in 2022, growing by 511% against 2021 figures. Overall, exports, however, showed a mild contraction. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, radar apparatus exports surged to $X in 2022. In general, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 with an increase of 74% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Australia (X units), Malaysia (X units) and Indonesia (X units) were the main destinations of radar apparatus exports from South Africa, together accounting for 69% 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 Malaysia (with a CAGR of +56.6%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for radar apparatus exported from South Africa were Australia ($X), Malaysia ($X) and Botswana ($X), together accounting for 20% of total exports.

Malaysia, with a CAGR of +47.5%, recorded the highest rates of growth with regard to 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

The average radar apparatus export price stood at $X per unit in 2022, declining by -78.4% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of 123% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ecuador ($X per unit), while the average price for exports to Indonesia ($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 Russia (+6.4%), while the prices for the other major destinations experienced a decline.

Radar Apparatus Imports

Imports into South Africa

In 2022, approx. X units of radar apparatus, radio navigational aid apparatus and radio remote control apparatus were imported into South Africa; leveling off at the previous year. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of 131% against the previous year. As a result, imports reached the peak of X units. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, radar apparatus imports shrank markedly to $X in 2022. Overall, imports recorded a noticeable slump. The most prominent rate of growth was recorded in 2021 when imports increased by 71% against the previous year. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

China (X units), Germany (X units) and the United States (X units) were the main suppliers of radar apparatus imports to South Africa, with a combined 61% share of total imports. Taiwan (Chinese), Australia, Lithuania, Mexico, Italy, Switzerland and Sweden lagged somewhat behind, together comprising a further 25%.

From 2012 to 2022, the biggest increases were recorded for Lithuania (with a CAGR of +72.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of radar apparatus, radio navigational aid apparatus and radio remote control apparatus to South Africa, comprising 38% of total imports. The second position in the ranking was taken by the United States ($X), with a 13% share of total imports. It was followed by Taiwan (Chinese), with a 7.4% share.

From 2012 to 2022, the average annual growth rate of value from China totaled +5.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-10.2% per year) and Taiwan (Chinese) (-6.9% per year).

Import Prices by Country

In 2022, the average radar apparatus import price amounted to $X per unit, waning by -18.3% against the previous year. Over the period under review, the import price recorded a noticeable setback. The pace of growth was the most pronounced in 2015 an increase of 38%. The import price peaked at $X per unit in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Switzerland ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform