South Africa - Radio Navigational Aid Apparatus - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

South Africa - Radio Navigational Aid Apparatus - Market Analysis, Forecast, Size, Trends And Insights

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Radio Navigation Apparatus Price in South Africa - 2023

Contents:

  1. Radio Navigation Apparatus Price in South Africa (CIF) - 2023
  2. Radio Navigation Apparatus Price in South Africa (FOB) - 2022
  3. Radio Navigation Apparatus Imports in South Africa
  4. Radio Navigation Apparatus Exports in South Africa

Radio Navigation Apparatus Price in South Africa (CIF) - 2023

The average radio navigation apparatus import price stood at $49.2 per unit in September 2023, with a decrease of -40.7% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in July 2023 an increase of 59% m-o-m. Over the period under review, average import prices reached the peak figure at $83.0 per unit in August 2023, and then dropped sharply in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Taiwan (Chinese) ($150 per unit), while the price for Lithuania ($27.2 per unit) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Singapore (+12.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Radio Navigation Apparatus Price in South Africa (FOB) - 2022

In 2022, the average radio navigation apparatus export price amounted to $73 per unit, declining by -5% against the previous year. Overall, the export price recorded a deep contraction. The pace of growth was the most pronounced in 2021 when the average export price increased by 16%. Over the period under review, the average export prices hit record highs at $234 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($248 per unit), while the average price for exports to Japan ($15 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 the United Arab Emirates (-0.2%), while the prices for the other major destinations experienced a decline.

Radio Navigation Apparatus Imports in South Africa

In 2022, approx. 947K units of radio navigational aid apparatus were imported into South Africa; which is down by -47.9% compared with 2021. Over the period under review, imports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 113%. As a result, imports attained the peak of 1.8M units, and then reduced remarkably in the following year.

In value terms, radio navigation apparatus imports reduced to $60M in 2022. Overall, total imports indicated a mild expansion from 2019 to 2022: its value increased at an average annual rate of +1.7% 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 +78.3% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 90%. As a result, imports attained the peak of $64M, and then declined in the following year.

Import of Radio Navigation Apparatus in South Africa (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China25.212.831.129.04.8%
Taiwan (Chinese)4.94.05.85.00.7%
Lithuania1.11.26.83.851.2%
Italy1.60.51.41.95.9%
Hong Kong SAR1.20.50.71.20.0%
Others22.814.618.018.9-6.1%
Total56.833.663.859.81.7%

Top Suppliers of Radio Navigation Apparatus to South Africa in 2022:

  1. China (676.9K units)
  2. Lithuania (129.1K units)
  3. Hong Kong SAR (35.5K units)
  4. Italy (26.9K units)
  5. Taiwan (Chinese) (24.6K units)

Radio Navigation Apparatus Exports in South Africa

In 2022, the amount of radio navigational aid apparatus exported from South Africa skyrocketed to 337K units, picking up by 43% compared with the year before. In general, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +16.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +59.8% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, radio navigation apparatus exports soared to $25M in 2022. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +9.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +66.7% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Radio Navigation Apparatus in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia2,1633,0942,4053,30415.2%
United States8036391,1083,24859.3%
Malaysia1034611,8032,496189.4%
United Arab Emirates2043815982,311124.6%
United Kingdom1,2662,0471,9501,084-5.0%
Nigeria1601863541,04887.1%
BrazilN/A168244893130.6%
India11.013.1N/A810319.1%
Mozambique47525231568312.9%
JapanN/A51.143.7561231.3%
Philippines11092.120453469.3%
Singapore413400584392-1.7%
Thailand390332715152-27.0%
Others12,6076,7107,9037,205-17.0%
Total18,70514,82718,22824,7239.7%

Top Export Markets for Radio Navigation Apparatus from South Africa in 2022:

  1. Malaysia (77.8K units)
  2. Australia (55.3K units)
  3. Japan (37.5K units)
  4. United Arab Emirates (19.4K units)
  5. United States (13.1K units)
  6. Philippines (12.6K units)
  7. India (10.4K units)
  8. Thailand (9.9K units)
  9. United Kingdom (9.2K units)
  10. Singapore (8.5K units)
  11. Brazil (7.6K units)
  12. Mozambique (7.1K units)
  13. Nigeria (6.4K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the radio navigation apparatus market 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 26512050 - Radio navigational aid apparatus (including radio beacons and radio buoys, receivers, radio compasses equipped with multiple aerials or with a directional frame aerial)

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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