South Africa - Indicator Panels Incorporating Liquid Crystal Devices (Lcd) Or Light Emitting Diodes (Led) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

South Africa - Indicator Panels Incorporating Liquid Crystal Devices (Lcd) Or Light Emitting Diodes (Led) - Market Analysis, Forecast, Size, Trends and Insights

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Price for LCD or LED Indicator Panel in South Africa - 2023

Contents:

  1. Price for LCD or LED Indicator Panel in South Africa (CIF) - 2022
  2. Price for LCD or LED Indicator Panel in South Africa (FOB) - 2022
  3. Imports of LCD or LED Indicator Panel in South Africa
  4. Exports of LCD or LED Indicator Panel in South Africa

Price for LCD or LED Indicator Panel in South Africa (CIF) - 2022

The average import price for indicator panels incorporating liquid crystal devices (LCD) or light emitting diodes (LCD) stood at $9.2 per unit in 2022, approximately mirroring the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average import price increased by 34%. As a result, import price reached the peak level of $12 per unit. From 2014 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($9.2 per unit) and Italy ($9.2 per unit), while the price for Canada ($9.2 per unit) and the UK ($9.2 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+0.3%), while the prices for the other major suppliers experienced a decline.

Price for LCD or LED Indicator Panel in South Africa (FOB) - 2022

The average export price for indicator panels incorporating liquid crystal devices (LCD) or light emitting diodes (LCD) stood at $12 per unit in 2022, picking up by 2.2% against the previous year. Overall, the export price, however, recorded a abrupt decrease. The pace of growth appeared the most rapid in 2018 an increase of 53%. The export price peaked at $34 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Tanzania ($11 per unit) and Australia ($11 per unit), while the average price for exports to Zambia ($11 per unit) and Mozambique ($11 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Namibia (+4.3%), while the prices for the other major destinations experienced a decline.

Imports of LCD or LED Indicator Panel in South Africa

In 2022, approx. 1.4M units of indicator panels incorporating liquid crystal devices (LCD) or light emitting diodes (LCD) were imported into South Africa; surging by 6.3% on 2021. In general, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +5.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +95.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 84%. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, LCD or LED indicator panel imports expanded rapidly to $13M in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +5.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +82.2% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 70%. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of LCD or LED Indicator Panel in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3,8581,7454,6145,1169.9%
United States1,7951,4351,3632,2077.1%
Germany974773934864-3.9%
United Kingdom7535701,2518112.5%
Taiwan (Chinese)35532925558117.8%
Canada28911916639511.0%
Sweden5221591,463376-10.4%
Switzerland59.710610130071.3%
Italy532158186202-27.6%
South Korea319131145114-29.0%
Others1,5511,4621,4001,7624.3%
Total11,0096,98811,87812,7295.0%

Top Suppliers of LCD or LED Indicator Panel to South Africa in 2022:

  1. China (558.1K units)
  2. United States (240.7K units)
  3. Germany (94.3K units)
  4. United Kingdom (88.4K units)
  5. Taiwan (Chinese) (63.4K units)
  6. Canada (43.1K units)
  7. Sweden (41.0K units)
  8. Switzerland (32.7K units)
  9. Italy (22.1K units)
  10. South Korea (12.4K units)

Exports of LCD or LED Indicator Panel in South Africa

After two years of decline, shipments abroad of indicator panels incorporating liquid crystal devices (LCD) or light emitting diodes (LCD) increased by 30% to 203K units in 2022. Overall, exports, however, saw a deep downturn. Over the period under review, the exports hit record highs at 347K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, LCD or LED indicator panel exports surged to $2.4M in 2022. Over the period under review, exports, however, saw a abrupt curtailment. Over the period under review, the exports reached the peak figure at $3.6M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of LCD or LED Indicator Panel in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Zimbabwe10822422639453.9%
Zambia16714716925515.2%
United States40.241.654.821875.7%
United Kingdom303142165200-12.9%
Democratic Republic of the Congo61.159.479.818745.2%
Australia10622224815012.3%
Botswana92.416983.41167.9%
Mozambique10917611997.4-3.7%
Tanzania15.012.52.389.481.3%
Namibia42.040.079.676.722.2%
Nigeria36.030.351.958.417.5%
Angola16115956.258.0-28.8%
United Arab EmiratesN/AN/A39.453.335.3%
Others2,392264413426-43.7%
Total3,6311,6871,7882,381-13.1%

Top Export Markets for LCD or LED Indicator Panel from South Africa in 2022:

  1. Zimbabwe (34.6K units)
  2. Zambia (22.4K units)
  3. United States (19.1K units)
  4. United Kingdom (17.5K units)
  5. Democratic Republic of the Congo (16.4K units)
  6. Australia (13.2K units)
  7. Botswana (10.2K units)
  8. Mozambique (8.5K units)
  9. Tanzania (7.8K units)
  10. Namibia (6.7K units)
  11. Angola (5.1K units)
  12. Nigeria (5.1K units)
  13. United Arab Emirates (4.7K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for lcd or led indicator panel in South Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 27902020 - Indicator panels incorporating liquid crystal display (LCD)
  • Prodcom 27902050 - Indicator panels incorporating light emitting diodes (LED)

Country coverage:

  • South Africa

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in South Africa
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Indicator Panels Incorporating Liquid Crystal Devices (Lcd) Or Light Emitting Diodes (Led) - South Africa