South Africa: Radio Navigation Apparatus Market 2024

Radio Navigation Apparatus Market Size in South Africa

In 2021, the South African radio navigation apparatus market was finally on the rise to reach $X after two years of decline. In general, consumption, however, saw a mild decline. The most prominent rate of growth was recorded in 2017 with an increase of 9.3%. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Radio Navigation Apparatus Production in South Africa

In value terms, radio navigation apparatus production amounted to $X in 2021 estimated in export price. Over the period under review, production, however, showed a slight shrinkage. The most prominent rate of growth was recorded in 2013 when the production volume increased by 11%. Radio navigation apparatus production peaked at $X in 2015; however, from 2016 to 2021, production remained at a lower figure.

Radio Navigation Apparatus Exports

Exports from South Africa

After two years of decline, overseas shipments of radio navigational aid apparatus increased by 17% to X tons in 2021. Over the period under review, exports, however, continue to indicate a perceptible descent. The most prominent rate of growth was recorded in 2015 when exports increased by 89%. As a result, the exports attained the peak of X tons. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, radio navigation apparatus exports skyrocketed to $X in 2021. In general, exports, however, showed a perceptible downturn. The growth pace was the most rapid in 2015 when exports increased by 86%. As a result, the exports attained the peak of $X. From 2016 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

The UK (X tons) was the main destination for radio navigation apparatus exports from South Africa, with a 20% share of total exports. Moreover, radio navigation apparatus exports to the UK exceeded the volume sent to the second major destination, the United States (X tons), twofold. Australia (X tons) ranked third in terms of total exports with a 7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the UK stood at +1.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+43.8% per year) and Australia (+6.8% per year).

In value terms, the largest markets for radio navigation apparatus exported from South Africa were Australia ($X), the UK ($X) and Portugal ($X), together accounting for 31% of total exports. The United States, Poland, Thailand, France, Singapore, Namibia, Mozambique, Indonesia, the Netherlands and Malawi lagged somewhat behind, together comprising a further 29%.

Poland, with a CAGR of +116.1%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average radio navigation apparatus export price stood at $X per ton in 2021, growing by 5.1% against the previous year. In general, the export price, however, continues to indicate a mild contraction. The pace of growth appeared the most rapid in 2017 when the average export price increased by 23%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Australia ($X per ton), while the average price for exports to Malawi ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+22.2%), while the prices for the other major destinations experienced more modest paces of growth.

Radio Navigation Apparatus Imports

Imports into South Africa

After three years of decline, overseas purchases of radio navigational aid apparatus increased by 13% to X kg in 2021. In general, imports, however, continue to indicate a dramatic contraction. The pace of growth appeared the most rapid in 2017 with an increase of 93% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, radio navigation apparatus imports soared to $X in 2021. Overall, imports, however, recorded a relatively flat trend pattern. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

China (X kg), Nigeria (X kg) and Austria (X kg) were the main suppliers of radio navigation apparatus imports to South Africa, with a combined 65% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Austria (with a CAGR of +32.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of radio navigational aid apparatus to South Africa, comprising 49% of total imports. The second position in the ranking was taken by Lithuania ($X), with an 11% share of total imports. It was followed by the United States, with a 9.9% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +6.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Lithuania (+49.7% per year) and the United States (-9.9% per year).

Import Prices by Country

The average radio navigation apparatus import price stood at $X per kg in 2021, increasing by 72% against the previous year. Over the period under review, the import price saw a significant expansion. The pace of growth was the most pronounced in 2016 an increase of 287% against the previous year. Over the period under review, average import prices attained the maximum in 2021 and is likely to see steady growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the UK ($X per kg), while the price for Tanzania ($X per kg) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (+50.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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