South Africa: Semiconductor Led Market 2025

Semiconductor Led Market Size in South Africa

The South African semiconductor LED market dropped dramatically to $X in 2021, waning by -98.3% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption showed a precipitous decline. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Semiconductor Led Exports

Exports from South Africa

In 2021, exports of semiconductor light emitting diodes (LEDs) from South Africa fell to X units, waning by -9.5% against the previous year's figure. Over the period under review, exports faced a abrupt decline. The pace of growth was the most pronounced in 2014 with an increase of 260%. As a result, the exports reached the peak of X units. From 2015 to 2021, the growth of the exports remained at a lower figure.

In value terms, semiconductor LED exports surged to $X in 2021. In general, exports, however, enjoyed resilient growth. The pace of growth was the most pronounced in 2014 when exports increased by 520% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Zimbabwe (X units) was the main destination for semiconductor LED exports from South Africa, with a 61% share of total exports. Moreover, semiconductor LED exports to Zimbabwe exceeded the volume sent to the second major destination, Namibia (X units), sixfold. The third position in this ranking was taken by Malawi (X units), with a 6.3% share.

From 2012 to 2021, the average annual growth rate of volume to Zimbabwe stood at +1.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Namibia (-1.1% per year) and Malawi (-7.1% per year).

In value terms, China ($X), Zimbabwe ($X) and Namibia ($X) appeared to be the largest markets for semiconductor LED exported from South Africa worldwide, together comprising 57% of total exports.

China, with a CAGR of +83.4%, 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 semiconductor LED export price stood at $X per unit in 2021, picking up by 68% against the previous year. Overall, the export price posted a significant increase. The pace of growth appeared the most rapid in 2016 when the average export price increased by 185%. The export price peaked in 2021 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to Zimbabwe ($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 the Netherlands (+61.0%), while the prices for the other major destinations experienced more modest paces of growth.

Semiconductor Led Imports

Imports into South Africa

In 2021, approx. X units of semiconductor light emitting diodes (LEDs) were imported into South Africa; with a decrease of -90.9% on the year before. In general, imports saw a dramatic setback. The pace of growth appeared the most rapid in 2015 with an increase of 1,087% against the previous year. Imports peaked at X units in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, semiconductor LED imports skyrocketed to $X in 2021. Over the period under review, imports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2013 with an increase of 886%. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

Mexico (X units), Italy (X units) and Australia (X units) were the main suppliers of semiconductor LED imports to South Africa, with a combined 87% share of total imports. These countries were followed by China, Malaysia, Hungary, the United States, Taiwan (Chinese), Belgium and Niger, which together accounted for a further 9.3%.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +38.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of semiconductor light emitting diodes (LEDs) to South Africa, comprising 90% of total imports. The second position in the ranking was taken by the United States ($X), with a 0.8% share of total imports. It was followed by Hungary, with a 0.3% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +27.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+2.1% per year) and Hungary (+57.5% per year).

Import Prices by Country

In 2021, the average semiconductor LED import price amounted to $X per unit, surging by 1,490% against the previous year. Over the period under review, the import price enjoyed significant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Niger ($X per unit), while the price for Mexico ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Niger (+2,058.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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