Report Update: Apr 1, 2024

South Africa - Spectrometers And Spectrophotometers - Market Analysis, Forecast, Size, Trends And Insights

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Spectrometers and Spectrophotometers Price in South Africa - 2023

Spectrometers and Spectrophotometers Price in South Africa (CIF) - 2022

The average spectrometers and spectrophotometers import price stood at $1,115 per unit in 2022, picking up by 16% against the previous year. Overall, the import price, however, continues to indicate a deep slump. The pace of growth was the most pronounced in 2015 an increase of 96% against the previous year. Over the period under review, average import prices attained the peak figure at $3,558 per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

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 ($1,592 per unit), while the price for India ($83 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Costa Rica (+63.1%), while the prices for the other major suppliers experienced a decline.

Spectrometers and Spectrophotometers Price in South Africa (FOB) - 2022

The average spectrometers and spectrophotometers export price stood at $3,710 per unit in 2022, falling by -14.1% against the previous year. In general, the export price, however, saw moderate growth. The most prominent rate of growth was recorded in 2014 an increase of 1,313%. Over the period under review, the average export prices hit record highs at $5,037 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Botswana ($8,479 per unit), while the average price for exports to Madagascar ($1,250 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 Botswana (+7.2%), while the prices for the other major destinations experienced more modest paces of growth.

Spectrometers and Spectrophotometers Imports in South Africa

After three years of growth, purchases abroad of spectrometers and spectrophotometers decreased by -13.5% to 20K units in 2022. In general, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 74% against the previous year. As a result, imports attained the peak of 23K units, and then contracted in the following year.

In value terms, spectrometers and spectrophotometers imports amounted to $22M in 2022. The total import value increased at an average annual rate of +5.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 46% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

Import of Spectrometers and Spectrophotometers in South Africa (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	3.7	3.6	4.3	5.2	12.0%
Germany	5.1	3.4	5.1	4.5	-4.1%
China	0.8	0.6	0.8	1.6	26.0%
United Kingdom	1.2	0.9	1.0	1.4	5.3%
Australia	0.3	0.2	0.6	0.3	0.0%
Romania	N/A	0.1	0.1	0.1	0.0%
India	0.1	0.1	0.1	0.1	0.0%
Costa Rica	N/A	N/A	N/A	0.1	0%
Others	7.7	6.5	10.3	9.0	5.3%
Total	18.9	15.3	22.3	22.4	5.8%

Top Suppliers of Spectrometers and Spectrophotometers to South Africa in 2022:

Germany (8.5K units)
United States (3.3K units)
China (2.1K units)
Australia (2.0K units)
India (1.2K units)
Romania (0.8K units)
Costa Rica (0.6K units)
United Kingdom (0.2K units)

Spectrometers and Spectrophotometers Exports in South Africa

For the fourth year in a row, South Africa recorded growth in shipments abroad of spectrometers and spectrophotometers, which increased by 31% to 2K units in 2022. The total export volume increased at an average annual rate of +12.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, spectrometers and spectrophotometers exports expanded rapidly to $7.5M in 2022. The total export value increased at an average annual rate of +4.2% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Spectrometers and Spectrophotometers in South Africa (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Tanzania	500	1,094	473	889	21.1%
Australia	62.7	120	112	682	121.6%
Botswana	345	151	379	653	23.7%
Zambia	318	390	350	619	24.9%
Zimbabwe	510	1,197	860	595	5.3%
Madagascar	124	23.2	3.3	528	62.1%
Angola	168	164	169	296	20.8%
Namibia	232	155	175	281	6.6%
Mozambique	166	157	202	279	18.9%
Democratic Republic of the Congo	1,131	1,002	1,703	270	-38.0%
Uganda	881	391	210	197	-39.3%
Guinea	N/A	N/A	88.8	117	31.8%
Malawi	37.3	4.3	99.1	87.9	33.1%
Others	2,187	2,536	1,890	2,054	-2.1%
Total	6,662	7,384	6,716	7,547	4.2%

Top Export Markets for Spectrometers and Spectrophotometers from South Africa in 2022:

Madagascar (422.0 units)
Australia (373.0 units)
Zambia (325.0 units)
Tanzania (245.0 units)
Namibia (85.0 units)
Botswana (77.0 units)
Zimbabwe (72.0 units)
Uganda (58.0 units)
Mozambique (47.0 units)
Democratic Republic of the Congo (40.0 units)
Angola (36.0 units)
Malawi (36.0 units)
Guinea (31.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the spectrometers and spectrophotometers 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 26515330 - Spectrometers, spectrophotometers... using optical radiations

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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