SADC: Remote Control Apparatus Market 2024

Remote Control Apparatus Market Size in SADC

The SADC remote control apparatus market skyrocketed to $X in 2022, growing by X% against the previous year. In general, consumption posted significant growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Remote Control Apparatus Production in SADC

In value terms, remote control apparatus production reduced modestly to $X in 2022 estimated in export price. Over the period under review, production, however, saw buoyant growth. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Remote Control Apparatus Exports

Exports in SADC

Remote control apparatus exports reduced markedly to X units in 2022, with a decrease of X% on 2021 figures. Over the period under review, exports faced a abrupt downturn. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. The volume of export peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, remote control apparatus exports reduced rapidly to $X in 2022. Overall, exports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

South Africa was the major exporter of radio remote control apparatus in SADC, with the volume of exports reaching X units, which was near X% of total exports in 2022. Tanzania (X units) held the second position in the ranking, distantly followed by Angola (X units) and Botswana (X units). All these countries together held approx. X% share of total exports.

Exports from South Africa increased at an average annual rate of X% from 2012 to 2022. At the same time, Tanzania (X%) displayed positive paces of growth. Moreover, Tanzania emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2022. By contrast, Angola (X%) and Botswana (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of South Africa, Tanzania, Angola and Botswana increased by X, X, X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest remote control apparatus supplier in SADC, comprising X% of total exports. The second position in the ranking was taken by Tanzania ($X), with a X% share of total exports. It was followed by Angola, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Tanzania (X% per year) and Angola (X% per year).

Export Prices by Country

In 2022, the export price in SADC amounted to $X per unit, rising by X% against the previous year. Export price indicated buoyant 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, remote control apparatus export price decreased by X% against 2018 indices. The growth pace was the most rapid in 2016 an increase of X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per unit in 2018; however, from 2019 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 ($X per unit), while Botswana ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tanzania (X%), while the other leaders experienced a decline in the export price figures.

Remote Control Apparatus Imports

Imports in SADC

In 2022, overseas purchases of radio remote control apparatus increased by X% to X units, rising for the second consecutive year after two years of decline. Over the period under review, imports saw prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, remote control apparatus imports reached $X in 2022. Overall, imports, however, saw a slight curtailment. The growth pace was the most rapid in 2021 when imports increased by X%. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Angola (X units), Mozambique (X units), South Africa (X units), Tanzania (X units), Zambia (X units), Democratic Republic of the Congo (X units) and Namibia (X units) was the major importer of radio remote control apparatus in SADC, achieving X% of total import. Botswana (X units) and Lesotho (X units) held a little share of total imports.

From 2012 to 2022, the biggest increases were recorded for Lesotho (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X) constitutes the largest market for imported radio remote control apparatus in SADC, comprising X% of total imports. The second position in the ranking was held by Tanzania ($X), with an X% share of total imports. It was followed by Mozambique, with a X% share.

In South Africa, remote control apparatus 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: Tanzania (X% per year) and Mozambique (X% per year).

Import Prices by Country

In 2022, the import price in SADC amounted to $X per unit, waning by X% against the previous year. Overall, the import price continues to indicate a deep slump. The pace of growth appeared the most rapid in 2016 an increase of X% against the previous year. The level of import peaked at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was South Africa ($X per unit), while Angola ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Botswana (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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