SADC: Semiconductor Led Market 2024

Semiconductor Led Market Size in SADC

The SADC semiconductor LED market stood at $X in 2022, with an increase of X% against the previous year. The total consumption indicated a tangible expansion 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, consumption increased by X% against 2016 indices. The level of consumption peaked in 2022 and is expected to retain growth in the immediate term.

Semiconductor Led Production in SADC

In value terms, semiconductor LED production expanded markedly to $X in 2022 estimated in export price. In general, production continues to indicate modest growth. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Semiconductor Led Exports

Exports in SADC

After three years of growth, shipments abroad of semiconductor light emitting diodes (LEDs) decreased by X% to X units in 2022. Over the period under review, exports, however, showed a remarkable increase. The pace of growth appeared the most rapid in 2019 when exports increased by X% against the previous year. The volume of export peaked at X units in 2021, and then contracted notably in the following year.

In value terms, semiconductor LED exports declined significantly to $X in 2022. Overall, exports, however, continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2014 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

Namibia prevails in exports structure, finishing at X units, which was approx. X% of total exports in 2022. Zambia (X units) took a relatively small share of total exports.

Exports from Namibia increased at an average annual rate of X% from 2012 to 2022. At the same time, Zambia (X%) displayed positive paces of growth. Moreover, Zambia emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2022. Namibia (X p.p.) and Zambia (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Namibia ($X) remains the largest semiconductor LED supplier in SADC, comprising X% of total exports. The second position in the ranking was taken by Zambia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Namibia amounted to X%.

Export Prices by Country

In 2022, the export price in SADC amounted to $X per unit, remaining constant against the previous year. Over the period under review, the export price saw a abrupt setback. The pace of growth appeared the most rapid in 2014 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Zambia ($X per unit), while Namibia totaled $X per unit.

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

Semiconductor Led Imports

Imports in SADC

Semiconductor LED imports shrank sharply to X units in 2022, reducing by X% on 2021. In general, imports, however, saw a buoyant expansion. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. As a result, imports attained the peak of X units. From 2018 to 2022, the growth of imports failed to regain momentum.

In value terms, semiconductor LED imports contracted markedly to $X in 2022. Over the period under review, imports, however, posted strong growth. The most prominent rate of growth was recorded in 2013 when imports increased by X%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Angola was the key importer of semiconductor light emitting diodes (LEDs) in SADC, with the volume of imports resulting at X units, which was near X% of total imports in 2022. Namibia (X units) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Tanzania (X%), Mozambique (X%) and South Africa (X%). Zimbabwe (X units) and Zambia (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Zimbabwe (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X) constitutes the largest market for imported semiconductor light emitting diodes (LEDs) in SADC, comprising X% of total imports. The second position in the ranking was taken by Angola ($X), with a X% share of total imports. It was followed by Zimbabwe, with a X% share.

From 2012 to 2022, the average annual growth rate of value in South Africa totaled X%. In the other countries, the average annual rates were as follows: Angola (X% per year) and Zimbabwe (X% per year).

Import Prices by Country

The import price in SADC stood at $X per unit in 2022, jumping by X% against the previous year. In general, the import price, however, recorded a perceptible descent. The most prominent rate of growth was recorded in 2018 an increase of X%. The level of import peaked at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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 Zambia (less than $X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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