South Africa: Market for Wiring sets used in vehicles, aircraft or ships 2024

Market Size for Wiring sets used in vehicles, aircraft or ships in South Africa

In 2022, the South African market for wiring sets used in vehicles, aircraft or ships increased by X% to $X, rising for the second consecutive year after two years of decline. In general, consumption enjoyed a buoyant expansion. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the immediate term.

Exports of Wiring sets used in vehicles, aircraft or ships

Exports from South Africa

In 2022, overseas shipments of wiring sets used in vehicles, aircraft or ships decreased by X% to X tons, falling for the second year in a row after two years of growth. In general, exports recorded a abrupt decrease. The pace of growth appeared the most rapid in 2014 when exports increased by X%. Over the period under review, the exports of reached the maximum at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, exports of wiring sets used in vehicles, aircraft or ships reduced markedly to $X in 2022. Overall, exports recorded a pronounced downturn. The growth pace was the most rapid in 2014 when exports increased by X%. Over the period under review, the exports of hit record highs at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

Botswana (X tons) was the main destination for exports of wiring sets used in vehicles, aircraft or ships from South Africa, accounting for a X% share of total exports. Moreover, exports of wiring sets used in vehicles, aircraft or ships to Botswana exceeded the volume sent to the second major destination, Zambia (X tons), fourfold. The third position in this ranking was taken by Namibia (X tons), with an X% share.

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

In value terms, the largest markets for wiring sets used in vehicles, aircraft or ships exported from South Africa were the United Arab Emirates ($X), Botswana ($X) and Zambia ($X), together accounting for X% of total exports.

The United Arab Emirates, with a CAGR of X%, recorded the highest growth rate of the value of exports, among 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

In 2022, the average export price for wiring sets used in vehicles, aircraft or ships amounted to $X per ton, picking up by X% against the previous year. In general, the export price continues to indicate a measured expansion. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Hungary ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (X%), while the prices for the other major destinations experienced more modest paces of growth.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Imports of Wiring sets used in vehicles, aircraft or ships

Imports into South Africa

In 2022, the amount of wiring sets used in vehicles, aircraft or ships imported into South Africa surged to X tons, with an increase of X% compared with 2021. Over the period under review, imports enjoyed strong growth. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of wiring sets used in vehicles, aircraft or ships rose remarkably to $X in 2022. In general, total imports indicated prominent growth 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, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2015 when imports increased by X%. Imports peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Botswana (X tons) was the main wiring sets used in vehicles, aircraft or ships supplier to South Africa, accounting for a X% share of total imports. Moreover, imports of wiring sets used in vehicles, aircraft or ships from Botswana exceeded the figures recorded by the second-largest supplier, Thailand (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from Botswana totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (X% per year) and China (X% per year).

In value terms, Botswana ($X) constituted the largest supplier of wiring sets used in vehicles, aircraft or ships to South Africa, comprising X% of total imports. The second position in the ranking was taken by Thailand ($X), with an X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Botswana amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (X% per year) and China (X% per year).

Import Prices by Country

In 2022, the average import price for wiring sets used in vehicles, aircraft or ships amounted to $X per ton, with a decrease of X% against the previous year. In general, the import price recorded a deep slump. The pace of growth was the most pronounced in 2018 when the average import price increased by X%. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :