South Africa: Electric Lamp Market 2024

Electric Lamp Market Size in South Africa

In 2022, the South African electric lamp market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. Overall, consumption, however, posted a strong expansion. Electric lamp consumption peaked at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Electric Lamp Production in South Africa

In value terms, electric lamp production rose slightly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a significant expansion. The pace of growth appeared the most rapid in 2014 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

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Electric Lamp Exports

Exports from South Africa

In 2022, overseas shipments of electric lamps increased by X% to X units, rising for the second consecutive year after two years of decline. Over the period under review, exports, however, showed a perceptible contraction. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X units in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, electric lamp exports dropped slightly to $X in 2022. In general, exports, however, showed a pronounced descent. The growth pace was the most rapid in 2021 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Zimbabwe (X units) was the main destination for electric lamp exports from South Africa, accounting for a X% share of total exports. Moreover, electric lamp exports to Zimbabwe exceeded the volume sent to the second major destination, Namibia (X units), twofold. The third position in this ranking was taken by Lesotho (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Zimbabwe totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Namibia (X% per year) and Lesotho (X% per year).

In value terms, the largest markets for electric lamp exported from South Africa were Zimbabwe ($X), Namibia ($X) and Botswana ($X), together comprising X% of total exports.

In terms of the main countries of destination, Zimbabwe, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average electric lamp export price stood at $X per unit in 2022, with a decrease of X% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average export price increased by X%. As a result, the export price attained the peak level of $X per unit, and then contracted in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($X per unit), while the average price for exports to Lesotho ($X 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 Democratic Republic of the Congo (X%), while the prices for the other major destinations experienced a decline.

Electric Lamp Imports

Imports into South Africa

In 2022, purchases abroad of electric lamps decreased by X% to X units for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated a perceptible expansion from 2012 to 2022: its volume 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. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of X units, and then declined sharply in the following year.

In value terms, electric lamp imports shrank to $X in 2022. Over the period under review, imports continue to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Malawi (X units), China (X units) and Germany (X units) were the main suppliers of electric lamp imports to South Africa, together accounting for X% of total imports.

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

In value terms, the largest electric lamp suppliers to South Africa were Lesotho ($X), China ($X) and Zimbabwe ($X), with a combined X% share of total imports.

In terms of the main suppliers, Zimbabwe, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average electric lamp import price amounted to $X per unit, rising by X% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt shrinkage. Over the period under review, average import prices reached the peak figure 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 supplying countries. In 2022, amid the top importers, the country with the highest price was Lesotho ($X per unit), while the price for Malawi (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 Poland (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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