South Africa: Spectrometers And Spectrophotometers Market 2024

Spectrometers And Spectrophotometers Market Size in South Africa

In 2022, the South African spectrometers and spectrophotometers market decreased by X% to $X for the first time since 2017, thus ending a four-year rising trend. Over the period under review, consumption, however, saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X, and then dropped in the following year.

Spectrometers And Spectrophotometers Exports

Exports from South Africa

In 2022, overseas shipments of spectrometers and spectrophotometers increased by X% to X units for the first time since 2019, thus ending a two-year declining trend. Overall, exports continue to indicate resilient growth. The pace of growth was the most pronounced in 2019 when exports increased by X%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, spectrometers and spectrophotometers exports surged to $X in 2022. In general, exports continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2019 when exports increased by X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Madagascar (X units), Zambia (X units) and Tanzania (X units) were the main destinations of spectrometers and spectrophotometers exports from South Africa, together comprising X% of total exports. Botswana, Zimbabwe, Australia, Kenya, Uganda, Rwanda, Mozambique, Angola, Malawi and Turkey lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Australia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for spectrometers and spectrophotometers exported from South Africa were Tanzania ($X), Turkey ($X) and Australia ($X), with a combined X% share of total exports.

Turkey, with a CAGR of X%, 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 spectrometers and spectrophotometers export price amounted to $X per unit, declining by X% against the previous year. Over the period under review, the export price showed a perceptible decrease. The pace of growth was the most pronounced in 2014 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2015 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($X per unit), while the average price for exports to Madagascar ($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 Turkey (X%), while the prices for the other major destinations experienced more modest paces of growth.

Spectrometers And Spectrophotometers Imports

Imports into South Africa

In 2022, after four years of growth, there was significant decline in purchases abroad of spectrometers and spectrophotometers, when their volume decreased by X% to X units. In general, imports, however, showed temperate growth. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, imports reached the peak of X units, and then contracted in the following year.

In value terms, spectrometers and spectrophotometers imports rose slightly to $X in 2022. Over the period under review, imports saw a pronounced shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Germany (X units) constituted the largest spectrometers and spectrophotometers supplier to South Africa, accounting for a X% share of total imports. Moreover, spectrometers and spectrophotometers imports from Germany exceeded the figures recorded by the second-largest supplier, the United States (X units), threefold. The third position in this ranking was held by China (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and China (X% per year).

In value terms, the largest spectrometers and spectrophotometers suppliers to South Africa were the United States ($X), Germany ($X) and China ($X), together accounting for X% of total imports. Australia, Romania, India and South Korea lagged somewhat behind, together accounting for a further X%.

Romania, with a CAGR of X%, 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

The average spectrometers and spectrophotometers import price stood at $X per unit in 2022, with an increase of X% against the previous year. In general, the import price, however, recorded a abrupt setback. The pace of growth was the most pronounced in 2015 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

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 the United States ($X per unit), while the price for India ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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