South Africa: Video Monitor Market 2024

Video Monitor Market Size in South Africa

The South African video monitor market contracted slightly to $X in 2022, remaining stable against the previous year. Overall, consumption enjoyed a remarkable increase. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Video Monitor Production in South Africa

In value terms, video monitor production dropped slightly to $X in 2022 estimated in export price. Overall, production, however, showed a buoyant increase. The pace of growth was the most pronounced in 2016 with an increase of X%. Video monitor production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Video Monitor Exports

Exports from South Africa

In 2022, overseas shipments of video monitors increased by X% to X units, rising for the second consecutive year after two years of decline. Overall, exports, however, recorded a abrupt decline. The pace of growth was the most pronounced in 2018 when exports increased by X%. Over the period under review, the exports reached the maximum at X units in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, video monitor exports rose modestly to $X in 2022. In general, exports, however, saw a deep reduction. The pace of growth appeared the most rapid in 2015 when exports increased by X%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Botswana (X units), Lesotho (X units) and Swaziland (X units) were the main destinations of video monitor exports from South Africa, with a combined X% share of total exports. Namibia, Zimbabwe, Malawi, Mozambique and Zambia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Malawi (with a CAGR of X%), while the other leaders experienced a decline.

In value terms, the largest markets for video monitor exported from South Africa were Namibia ($X), Botswana ($X) and Zimbabwe ($X), with a combined X% share of total exports. Swaziland, Lesotho, Zambia, Mozambique and Malawi lagged somewhat behind, together accounting for a further X%.

Malawi, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average video monitor export price amounted to $X per unit, standing approx. at the previous year. Overall, export price indicated a mild increase 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, video monitor export price decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2016 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Zambia ($X per unit), while the average price for exports to Lesotho ($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 Zambia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Video Monitor Imports

Imports into South Africa

In 2022, imports of video monitors into South Africa rose markedly to X units, increasing by X% against the year before. In general, imports, however, saw a pronounced decline. The pace of growth was the most pronounced in 2015 when imports increased by X%. As a result, imports attained the peak of X units. From 2016 to 2022, the growth of imports failed to regain momentum.

In value terms, video monitor imports soared to $X in 2022. Over the period under review, imports, however, saw a noticeable decrease. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) was the main video monitor supplier to South Africa, with a X% share of total imports. It was followed by the Philippines (X units), with a X% share of total imports. The United Arab Emirates (X units) ranked third in terms of total imports with less than X% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Philippines (X% per year) and the United Arab Emirates (X% per year).

In value terms, China ($X) constituted the largest supplier of video monitors to South Africa, comprising X% of total imports. The second position in the ranking was held by the Philippines ($X), with a X% share of total imports. It was followed by the United Arab Emirates, with less than X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the Philippines (X% per year) and the United Arab Emirates (X% per year).

Import Prices by Country

In 2022, the average video monitor import price amounted to $X per unit, increasing by X% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Philippines ($X per unit), while the price for Lesotho ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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