Africa: Optical Radiation Instruments Market 2024

Optical Radiation Instruments Market Size in Africa

The African optical radiation instruments market surged to $X.7B in 2022, increasing by X% against the previous year. Over the period under review, consumption, however, continues to indicate a resilient expansion. The level of consumption peaked at $X.2B in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Optical Radiation Instruments Production in Africa

In value terms, optical radiation instruments production totaled $X in 2022 estimated in export price. Over the period under review, production continues to indicate a deep setback. The pace of growth appeared the most rapid in 2020 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Optical Radiation Instruments Exports

Exports in Africa

In 2022, the amount of instruments using optical radiations exported in Africa skyrocketed to X units, picking up by X% compared with the previous year's figure. In general, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, optical radiation instruments exports shrank dramatically to $X in 2022. Overall, exports enjoyed a notable increase. The growth pace was the most rapid in 2016 when exports increased by X%. The level of export peaked at $X in 2021, and then fell significantly in the following year.

Exports by Country

Tunisia was the largest exporter of instruments using optical radiations in Africa, with the volume of exports reaching X units, which was approx. X% of total exports in 2022. It was distantly followed by South Africa (X units), achieving a X% share of total exports.

Tunisia was also the fastest-growing in terms of the instruments using optical radiations exports, with a CAGR of X% from 2012 to 2022. At the same time, South Africa (X%) displayed positive paces of growth. Tunisia (X p.p.) significantly strengthened its position in terms of the total exports, while South Africa saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, South Africa ($X) remains the largest optical radiation instruments supplier in Africa, comprising X% of total exports. The second position in the ranking was held by Tunisia ($X), with a X% share of total exports.

In South Africa, optical radiation instruments exports increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Africa amounted to $X per unit, shrinking by X% against the previous year. Over the period under review, the export price saw a dramatic setback. The most prominent rate of growth was recorded in 2014 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was South Africa ($X per unit), while Tunisia amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%).

Optical Radiation Instruments Imports

Imports in Africa

In 2022, supplies from abroad of instruments using optical radiations decreased by X% to X units, falling for the second year in a row after three years of growth. Over the period under review, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when imports increased by X%. The volume of import peaked at X units in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, optical radiation instruments imports shrank to $X in 2022. Total imports indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2015 indices. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then shrank in the following year.

Imports by Country

South Africa prevails in imports structure, amounting to X units, which was approx. X% of total imports in 2022. It was distantly followed by Algeria (X units), committing a X% share of total imports. The following importers - Nigeria (X units), Morocco (X units), Kenya (X units), Tanzania (X units), Zimbabwe (X units), Burkina Faso (X units), Uganda (X units) and Angola (X units) - together made up X% of total imports.

Imports into South Africa decreased at an average annual rate of X% from 2012 to 2022. At the same time, Burkina Faso (X%), Zimbabwe (X%), Tanzania (X%), Uganda (X%), Kenya (X%), Morocco (X%) and Nigeria (X%) displayed positive paces of growth. Moreover, Burkina Faso emerged as the fastest-growing importer imported in Africa, with a CAGR of X% from 2012-2022. By contrast, Algeria (X%) and Angola (X%) illustrated a downward trend over the same period. While the share of Morocco (X p.p.), Kenya (X p.p.), Nigeria (X p.p.), Tanzania (X p.p.), Burkina Faso (X p.p.) and Zimbabwe (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Algeria (X p.p.) and South Africa (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported instruments using optical radiations in Africa, comprising X% of total imports. The second position in the ranking was held by Algeria ($X), with a X% share of total imports. It was followed by Morocco, with a X% share.

In South Africa, optical radiation instruments imports contracted by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Algeria (X% per year) and Morocco (X% per year).

Import Prices by Country

In 2022, the import price in Africa amounted to $X per unit, dropping by X% against the previous year. Import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, optical radiation instruments import price increased by X% against 2016 indices. The pace of growth appeared the most rapid in 2017 an increase of X%. Over the period under review, import prices attained the maximum at $X per unit in 2021, and then shrank in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Uganda ($X per unit), while South Africa ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uganda (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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