SADC: Market for Mathematical instruments and equipment; n.e.s. in heading no. 9017 2024

Market Size for Mathematical instruments and equipment; n.e.s. in heading no. 9017 in SADC

The SADC market for mathematical instruments and equipment; n.e.s. in heading no. Xs shrank remarkably to $X in 2023, reducing by X% against the previous year. In general, consumption saw a perceptible curtailment. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2023, consumption stood at a somewhat lower figure.

Production of Mathematical instruments and equipment; n.e.s. in heading no. X in SADC

In value terms, production of mathematical instruments and equipment; n.e.s. in heading no. Xs declined to $X in 2023 estimated in export price. Over the period under review, production, however, showed a significant decrease. The most prominent rate of growth was recorded in 2016 with an increase of X%. The level of production peaked at $X in 2012; however, from 2013 to 2023, production remained at a lower figure.

Exports of Mathematical instruments and equipment; n.e.s. in heading no. 9017

Exports in SADC

In 2023, exports of mathematical instruments and equipment; n.e.s. in heading no. Xs in SADC surged to X units, with an increase of X% on the previous year's figure. Overall, exports, however, showed a deep reduction. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. The volume of export peaked at X units in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

In value terms, exports of mathematical instruments and equipment; n.e.s. in heading no. Xs surged to $X in 2023. Total exports indicated a modest increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by X%. Over the period under review, the exports of attained the peak figure at $X in 2014; however, from 2015 to 2023, the exports remained at a lower figure.

Exports by Country

South Africa prevails in Xs structure, finishing at X units, which was near X% of total exports in 2023. Tanzania (X units) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Zimbabwe (X%).

From 2012 to 2023, average annual rates of growth with regard to mathematical instruments and equipment; n.e.s. in heading no. X exports from South Africa stood at X%. At the same time, Zimbabwe (X%) displayed positive paces of growth. Moreover, Zimbabwe emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2023. By contrast, Tanzania (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of South Africa and Zimbabwe increased by X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest mathematical instruments and equipment; n.e.s. in heading no. X supplier in SADC, comprising X% of total exports. The second position in the ranking was taken by Zimbabwe ($X), with a X% share of total exports.

From 2012 to 2023, the average annual rate of growth in terms of value in South Africa was relatively modest. In the other countries, the average annual rates were as follows: Zimbabwe (X% per year) and Tanzania (X% per year).

Export Prices by Country

The export price in SADC stood at $X per unit in 2023, falling by X% against the previous year. In general, the export price, however, continues to indicate buoyant growth. The growth pace was the most rapid in 2013 an increase of X% against the previous year. The level of export peaked at $X per unit in 2014; however, from 2015 to 2023, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was South Africa ($X per unit), while Tanzania (less than $X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Tanzania (X%), while the other leaders experienced a decline in the export price figures.

Imports of Mathematical instruments and equipment; n.e.s. in heading no. 9017

Imports in SADC

For the third consecutive year, SADC recorded growth in supplies from abroad of mathematical instruments and equipment; n.e.s. in heading no. Xs, which increased by X% to X units in 2023. Over the period under review, imports saw a strong increase. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. As a result, imports reached the peak of X units. From 2014 to 2023, the growth of imports of remained at a lower figure.

In value terms, imports of mathematical instruments and equipment; n.e.s. in heading no. Xs fell to $X in 2023. In general, imports, however, recorded a mild contraction. The growth pace was the most rapid in 2021 with an increase of X%. The level of import peaked at $X in 2013; however, from 2014 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, Democratic Republic of the Congo (X units) and Angola (X units) represented the key importers of mathematical instruments and equipment; n.e.s. in heading no. Xs in SADC, together making up X% of total imports. Zambia (X units) held the next position in the ranking, followed by Malawi (X units), Tanzania (X units), Lesotho (X units), Namibia (X units) and South Africa (X units). All these countries together held approx. X% share of total imports.

From 2012 to 2023, the biggest increases were recorded for Lesotho (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X) constitutes the largest market for imported mathematical instruments and equipment; n.e.s. in heading no. Xs in SADC, comprising X% of total imports. The second position in the ranking was taken by Angola ($X), with a X% share of total imports. It was followed by Democratic Republic of the Congo, with a X% share.

In South Africa, imports of mathematical instruments and equipment; n.e.s. in heading no. Xs remained relatively stable over the period from 2012-2023. In the other countries, the average annual rates were as follows: Angola (X% per year) and Democratic Republic of the Congo (X% per year).

Import Prices by Country

The import price in SADC stood at $X per unit in 2023, waning by X% against the previous year. Overall, the import price saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 an increase of X%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2023, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was South Africa ($X per unit), while Democratic Republic of the Congo ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Zambia (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform