South Africa - Semiconductor Light Emitting Diodes (LEDs) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSemiconductor LED Price in South Africa - 2022
Contents:
- Semiconductor LED Price in South Africa (CIF) - 2022
- Semiconductor LED Price in South Africa (FOB) - 2022
- Semiconductor LED Imports in South Africa
- Semiconductor LED Exports in South Africa
Semiconductor LED Price in South Africa (CIF) - 2022
In 2022, the average semiconductor LED import price amounted to $2.1 per unit, falling by -5.6% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by 135% against the previous year. Over the period under review, average import prices reached the maximum at $2.4 per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
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 Germany ($9.3 per unit), while the price for Taiwan (Chinese) ($1.8 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Semiconductor LED Price in South Africa (FOB) - 2022
In 2022, the average semiconductor LED export price amounted to $29 per unit, dropping by -13.8% against the previous year. In general, the export price showed a deep setback. The pace of growth appeared the most rapid in 2017 an increase of 140% against the previous year. Over the period under review, the average export prices attained the maximum at $126 per unit 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 external markets. In 2022, amid the top suppliers, the country with the highest price was Botswana ($13,595 per unit), while the average price for exports to China ($2,572 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 Vietnam (+5,662.3%), while the prices for the other major destinations experienced more modest paces of growth.
Semiconductor LED Imports in South Africa
In 2022, imports of semiconductor light emitting diodes (LEDs) into South Africa contracted to 110M units, falling by -10.5% against 2021. In general, imports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 26%. Imports peaked at 152M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, semiconductor LED imports fell notably to $236M in 2022. Overall, imports saw a abrupt contraction. The pace of growth was the most pronounced in 2021 when imports increased by 45%. Imports peaked at $320M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Semiconductor LED in South Africa (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 287 | 169 | 252 | 210 | -9.9% |
Thailand | 5.2 | 3.3 | 5.0 | 4.1 | -7.6% |
Others | 27.7 | 20.5 | 21.9 | 21.9 | -7.5% |
Total | 320 | 193 | 279 | 236 | -9.7% |
Top Suppliers of Semiconductor LED to South Africa in 2022:
- China (86.5M units)
- Thailand (1.4M units)
Semiconductor LED Exports in South Africa
In 2022, shipments abroad of semiconductor light emitting diodes (LEDs) decreased by -3.8% to 846K units for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +3.2% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 8.3%. As a result, the exports reached the peak of 879K units, and then fell in the following year.
In value terms, semiconductor LED exports declined notably to $24M in 2022. In general, exports showed a pronounced curtailment. The growth pace was the most rapid in 2021 when exports increased by 52%. As a result, the exports attained the peak of $29M, and then shrank dramatically in the following year.
Export of Semiconductor LED in South Africa (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 0.9 | N/A | 7.5 | 5.6 | 83.9% |
Zimbabwe | 7.5 | 7.1 | 5.9 | 5.0 | -12.6% |
Namibia | 4.9 | 3.0 | 3.3 | 2.7 | -18.0% |
Germany | 3.2 | 2.1 | 0.9 | 1.5 | -22.3% |
Botswana | 1.7 | 1.4 | 2.0 | 1.5 | -4.1% |
Zambia | 1.2 | 1.3 | 0.7 | 0.8 | -12.6% |
Democratic Republic of the Congo | 0.9 | 0.4 | 0.8 | 0.6 | -12.6% |
Mozambique | 0.4 | 0.2 | 0.8 | 0.6 | 14.5% |
Gabon | N/A | N/A | N/A | N/A | 0% |
Others | 6.3 | 3.6 | 7.2 | 5.7 | -3.3% |
Total | 27.1 | 19.1 | 29.1 | 24.1 | -3.8% |
Top Export Markets for Semiconductor LED from South Africa in 2022:
- China (2.2K units)
- Zimbabwe (1.1K units)
- Zambia (0.2K units)
- Namibia (0.2K units)
- Democratic Republic of the Congo (0.1K units)
- Germany (0.1K units)
- Mozambique (0.1K units)
- Botswana (0.1K units)
This report provides an in-depth analysis of the semiconductor led market in South Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 26112220 - Semiconductor light emitting diodes (LEDs)
Country coverage:
- South Africa
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in South Africa
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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