Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in South Africa - 2024
Contents:
- Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in South Africa (CIF) - 2022
- Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in South Africa (FOB) - 2022
- Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in South Africa
- Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in South Africa
Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in South Africa (CIF) - 2022
The average import price for electrical circuit prefabricated elements, connectors, contact elements and other equipment stood at $44 per thousand units in 2022, picking up by 14% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 43% against the previous year. The import price peaked at $68 per thousand units in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($109 per thousand units), while the price for Austria ($26 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in South Africa (FOB) - 2022
The average export price for electrical circuit prefabricated elements, connectors, contact elements and other equipment stood at $25 per thousand units in 2022, waning by -16.4% against the previous year. In general, the export price continues to indicate a deep downturn. The growth pace was the most rapid in 2020 an increase of 30% against the previous year. The export price peaked at $53 per thousand units in 2012; however, from 2013 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 the United States ($87 per thousand units), while the average price for exports to Lesotho ($6.7 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Zimbabwe (+1.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in South Africa
In 2022, the amount of electrical circuit prefabricated elements, connectors, contact elements and other equipment imported into South Africa shrank notably to 1.8B units, which is down by -19.8% on the year before. In general, imports saw a slight setback. The most prominent rate of growth was recorded in 2021 when imports increased by 36% against the previous year. As a result, imports attained the peak of 2.2B units, and then contracted dramatically in the following year.
In value terms, imports of electrical circuit prefabricated elements, connectors, contact elements and other equipment reduced to $79M in 2022. The total import value increased at an average annual rate of +3.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 37% against the previous year. As a result, imports attained the peak of $86M, and then dropped in the following year.
| Import of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 15.1 | 13.3 | 24.3 | 20.6 | 10.9% |
| United States | 6.0 | 4.8 | 7.4 | 8.9 | 14.0% |
| Germany | 8.5 | 6.7 | 8.4 | 8.3 | -0.8% |
| France | 3.7 | 6.6 | 7.4 | 6.0 | 17.5% |
| India | 3.7 | 2.0 | 3.8 | 5.0 | 10.6% |
| Japan | 5.2 | 3.7 | 5.3 | 4.7 | -3.3% |
| United Kingdom | 2.6 | 7.3 | 6.2 | 3.5 | 10.4% |
| Italy | 1.9 | 1.6 | 3.3 | 2.2 | 5.0% |
| Taiwan (Chinese) | 1.5 | 0.9 | 1.3 | 1.6 | 2.2% |
| Czech Republic | 3.1 | 1.4 | 2.3 | 1.4 | -23.3% |
| Austria | 0.9 | 0.8 | 1.1 | 1.0 | 3.6% |
| Switzerland | 1.6 | 1.2 | 1.2 | 1.0 | -14.5% |
| Spain | 1.1 | 0.8 | 1.3 | 1.0 | -3.1% |
| Others | 16.2 | 11.7 | 13.2 | 13.4 | -6.1% |
| Total | 71.1 | 62.9 | 86.4 | 78.7 | 3.4% |
Top Suppliers of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment to South Africa in 2022:
- China (704.5M units)
- United States (198.1M units)
- Germany (156.7M units)
- India (156.3M units)
- Japan (85.1M units)
- France (55.2M units)
- United Kingdom (44.9M units)
- Austria (39.0M units)
- Italy (37.0M units)
- Taiwan (Chinese) (37.0M units)
- Spain (27.4M units)
- Czech Republic (22.9M units)
- Switzerland (21.1M units)
Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in South Africa
In 2022, approx. 1.9B units of electrical circuit prefabricated elements, connectors, contact elements and other equipment were exported from South Africa; picking up by 15% against 2021. In general, exports, however, showed a noticeable descent. Over the period under review, the exports of hit record highs at 2.2B units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of electrical circuit prefabricated elements, connectors, contact elements and other equipment dropped to $47M in 2022. Overall, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 13%. As a result, the exports attained the peak of $49M, and then declined modestly in the following year.
| Export of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Botswana | 10.7 | 8.4 | 10.6 | 8.1 | -8.9% |
| Namibia | 6.0 | 4.4 | 5.0 | 5.6 | -2.3% |
| Democratic Republic of the Congo | 2.4 | 2.7 | 4.2 | 4.7 | 25.1% |
| Lesotho | 5.3 | 5.0 | 5.0 | 3.8 | -10.5% |
| Zimbabwe | 1.6 | 2.0 | 2.9 | 3.6 | 31.0% |
| Mozambique | 2.9 | 2.3 | 3.2 | 2.9 | 0.0% |
| Zambia | 2.5 | 1.9 | 2.9 | 2.7 | 2.6% |
| Swaziland | 1.9 | 2.6 | 3.8 | 2.7 | 12.4% |
| Others | 13.8 | 14.2 | 11.7 | 13.3 | -1.2% |
| Total | 47.0 | 43.5 | 49.3 | 47.3 | 0.2% |
Top Export Markets for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment from South Africa in 2022:
- Lesotho (556.3M units)
- Botswana (386.5M units)
- Namibia (270.0M units)
- Swaziland (169.3M units)
- Democratic Republic of the Congo (118.9M units)
- Mozambique (89.9M units)
- Zambia (86.2M units)
- Zimbabwe (82.8M units)
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