South Africa: Transmission Apparatus Market 2024

Transmission Apparatus Market Size in South Africa

After two years of decline, the South African transmission apparatus market increased by 83% to $X in 2021. Overall, consumption, however, showed a perceptible 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.

Transmission Apparatus Exports

Exports from South Africa

In 2021, approx. X tons of transmission apparatus incorporating reception apparatus were exported from South Africa; rising by 55% against the year before. Overall, exports, however, showed a perceptible downturn. Over the period under review, the exports reached the peak figure at X tons in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, transmission apparatus exports soared to $X in 2021. Over the period under review, exports, however, saw a abrupt slump. The pace of growth appeared the most rapid in 2013 when exports increased by 56% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Namibia (X tons), India (X tons) and Botswana (X tons) were the main destinations of transmission apparatus exports from South Africa, together accounting for 66% of total exports. These countries were followed by Lesotho, Swaziland, Singapore, Guinea, the Netherlands, Hong Kong SAR and Mauritius, which together accounted for a further 25%.

From 2012 to 2021, the biggest increases were recorded for Guinea (with a CAGR of +51.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Namibia ($X) remains the key foreign market for transmission apparatus incorporating reception apparatus exports from South Africa, comprising 44% of total exports. The second position in the ranking was taken by Botswana ($X), with a 17% share of total exports. It was followed by Lesotho, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Namibia stood at +1.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Botswana (+0.4% per year) and Lesotho (+4.1% per year).

Export Prices by Country

In 2021, the average transmission apparatus export price amounted to $X per ton, waning by -21.4% against the previous year. Over the period under review, the export price showed a pronounced downturn. The most prominent rate of growth was recorded in 2013 when the average export price increased by 39%. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mauritius ($X per ton), while the average price for exports to Guinea ($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 the Netherlands (+15.1%), while the prices for the other major destinations experienced a decline.

Transmission Apparatus Imports

Imports into South Africa

In 2021, overseas purchases of transmission apparatus incorporating reception apparatus were finally on the rise to reach X tons after seven years of decline. Overall, imports, however, showed a drastic downturn. Over the period under review, imports attained the peak figure at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, transmission apparatus imports surged to $X in 2021. In general, imports, however, saw a mild decline. Imports peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of transmission apparatus to South Africa, accounting for a 66% share of total imports. Moreover, transmission apparatus imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), threefold. The third position in this ranking was held by India (X tons), with a 6.5% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +3.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (-0.8% per year) and India (-12.9% per year).

In value terms, China ($X) constituted the largest supplier of transmission apparatus incorporating reception apparatus to South Africa, comprising 65% of total imports. The second position in the ranking was taken by Vietnam ($X), with a 19% share of total imports. It was followed by India, with a 6.5% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +8.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+3.4% per year) and India (-9.2% per year).

Import Prices by Country

The average transmission apparatus import price stood at $X per ton in 2021, declining by -6.6% against the previous year. Overall, import price indicated a pronounced increase from 2012 to 2021: its price increased at an average annual rate of +4.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, transmission apparatus import price increased by +47.5% against 2014 indices. The pace of growth appeared the most rapid in 2018 when the average import price increased by 27% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2020, and then reduced in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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