Rangefinders Price in South Africa - 2023

Contents:

  1. Rangefinders Price in South Africa (FOB) - 2022
  2. Rangefinders Price in South Africa (CIF) - 2022
  3. Rangefinders Exports in South Africa
  4. Rangefinders Imports in South Africa

Rangefinders Price in South Africa (FOB) - 2022

In 2022, the average rangefinders export price amounted to $16 per unit, declining by -51.2% against the previous year. In general, the export price, however, saw a prominent expansion. The pace of growth was the most pronounced in 2015 when the average export price increased by 81%. Over the period under review, the average export prices reached the peak figure at $41 per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($442 per unit), while the average price for exports to Democratic Republic of the Congo ($0.5 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 Pakistan (+41.2%), while the prices for the other major destinations experienced more modest paces of growth.

Rangefinders Price in South Africa (CIF) - 2022

The average rangefinders import price stood at $502 per unit in 2022, with an increase of 17% against the previous year. Over the period under review, the import price enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2014 an increase of 201% against the previous year. Over the period under review, average import prices attained the peak figure at $519 per unit in 2020; however, from 2021 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 Hungary ($2,058 per unit), while the price for the Philippines ($169 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+39.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Rangefinders Exports in South Africa

In 2022, overseas shipments of rangefinderses were finally on the rise to reach 341K units after two years of decline. Overall, exports posted a resilient increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, rangefinders exports skyrocketed to $5.5M in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The exports peaked at $6.1M in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Export of Rangefinders in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore5.016971.5866457.4%
United States1,1261,110629762-12.2%
France88.573.020.229549.4%
Democratic Republic of the Congo5.110.97.184.0154.4%
Belgium13740.546.731.8-38.5%
Others4,2224,7143,6493,460-6.4%
Total5,5846,1174,4235,498-0.5%

Top Export Markets for Rangefinders from South Africa in 2022:

  1. Democratic Republic of the Congo (172.6K units)
  2. United States (129.3K units)
  3. France (20.6K units)
  4. Belgium (8.3K units)
  5. Singapore (6.1K units)

Rangefinders Imports in South Africa

Rangefinders imports into South Africa fell to 8.3K units in 2022, reducing by -3.4% against 2021 figures. In general, imports showed a deep setback. The most prominent rate of growth was recorded in 2021 when imports increased by 53% against the previous year. Over the period under review, imports hit record highs at 12K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, rangefinders imports stood at $4.2M in 2022. The total import value increased at an average annual rate of +5.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 27% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in years to come.

Import of Rangefinders in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7198881,0468957.6%
United States39320635271422.0%
Germany6364665736490.7%
United Kingdom506407273400-7.5%
Canada3.54.320.0206289.0%
Austria81.14.449.015323.6%
Portugal13968.513299.2-10.6%
Philippines1723.472.71.0-82.0%
Others9728821,1921,0683.2%
Total3,6202,9293,7094,1875.0%

Top Suppliers of Rangefinders to South Africa in 2022:

  1. United States (3273.0 units)
  2. Germany (2627.0 units)
  3. Canada (940.0 units)
  4. China (436.0 units)
  5. United Kingdom (239.0 units)
  6. Austria (219.0 units)
  7. Portugal (194.0 units)
  8. Philippines (6.0 units)

Source: IndexBox Market Intelligence Platform

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