South Africa: Market for Wiring sets used in vehicles, aircraft or ships 2025

Market Size for Wiring sets used in vehicles, aircraft or ships in South Africa

In 2022, the South African market for wiring sets used in vehicles, aircraft or ships increased by 17% to $X, rising for the second year in a row after two years of decline. Overall, consumption saw a remarkable increase. Consumption of peaked in 2022 and is likely to continue growth in the near future.

Exports of Wiring sets used in vehicles, aircraft or ships

Exports from South Africa

Exports of wiring sets used in vehicles, aircraft or ships from South Africa declined rapidly to X tons in 2022, shrinking by -30.9% on the previous year. Over the period under review, exports showed a deep slump. The most prominent rate of growth was recorded in 2014 when exports increased by 181% against the previous year. Over the period under review, the exports of hit record highs at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of wiring sets used in vehicles, aircraft or ships shrank remarkably to $X in 2022. In general, exports recorded a perceptible downturn. The growth pace was the most rapid in 2014 when exports increased by 96%. Over the period under review, the exports of attained the maximum at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

Botswana (X tons) was the main destination for exports of wiring sets used in vehicles, aircraft or ships from South Africa, with a 41% share of total exports. Moreover, exports of wiring sets used in vehicles, aircraft or ships to Botswana exceeded the volume sent to the second major destination, Zambia (X tons), fourfold. The third position in this ranking was taken by Namibia (X tons), with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Botswana totaled -2.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Zambia (-1.9% per year) and Namibia (+7.5% per year).

In value terms, the United Arab Emirates ($X), Botswana ($X) and Zambia ($X) appeared to be the largest markets for wiring sets used in vehicles, aircraft or ships exported from South Africa worldwide, with a combined 51% share of total exports.

The United Arab Emirates, with a CAGR of +99.6%, recorded the highest growth rate of 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

In 2022, the average export price for wiring sets used in vehicles, aircraft or ships amounted to $X per ton, increasing by 15% against the previous year. In general, the export price posted a measured expansion. The most prominent rate of growth was recorded in 2018 an increase of 71%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Hungary ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+32.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wiring sets used in vehicles, aircraft or ships

Imports into South Africa

Imports of wiring sets used in vehicles, aircraft or ships into South Africa soared to X tons in 2022, picking up by 19% on the previous year. In general, imports continue to indicate resilient growth. The growth pace was the most rapid in 2014 with an increase of 76%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of wiring sets used in vehicles, aircraft or ships amounted to $X in 2022. Over the period under review, total imports indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +7.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.3% against 2020 indices. The pace of growth appeared the most rapid in 2015 with an increase of 56%. Over the period under review, imports of hit record highs at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Botswana (X tons) was the main supplier of wiring sets used in vehicles, aircraft or ships to South Africa, with a 91% share of total imports. Moreover, imports of wiring sets used in vehicles, aircraft or ships from Botswana exceeded the figures recorded by the second-largest supplier, Thailand (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Botswana amounted to +23.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+1.7% per year) and China (+7.1% per year).

In value terms, Botswana ($X) constituted the largest supplier of wiring sets used in vehicles, aircraft or ships to South Africa, comprising 77% of total imports. The second position in the ranking was taken by Thailand ($X), with an 8.9% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Botswana stood at +12.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+0.7% per year) and China (+7.6% per year).

Import Prices by Country

In 2022, the average import price for wiring sets used in vehicles, aircraft or ships amounted to $X per ton, reducing by -5.8% against the previous year. In general, the import price showed a deep contraction. The pace of growth appeared the most rapid in 2018 an increase of 7.6%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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