SADC: Electric Filament Lamp Market 2024

Electric Filament Lamp Market Size in SADC

The SADC electric filament lamp market contracted to $X in 2021, reducing by -6.9% against the previous year. In general, consumption recorded a deep contraction. The growth pace was the most rapid in 2020 with an increase of 7.3% against the previous year. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Electric Filament Lamp Production in SADC

In value terms, electric filament lamp production reduced to $X in 2021 estimated in export price. Over the period under review, production saw a abrupt slump. The pace of growth appeared the most rapid in 2018 when the production volume increased by 28% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Electric Filament Lamp Exports

Exports in SADC

After four years of decline, overseas shipments of electric filament lamps increased by 31% to X units in 2021. Over the period under review, exports, however, showed a abrupt downturn. The most prominent rate of growth was recorded in 2013 with an increase of 69% against the previous year. The volume of export peaked at X units in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, electric filament lamp exports soared to $X in 2021. In general, exports, however, recorded a abrupt slump. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, South Africa (X units) was the largest exporter of electric filament lamps, creating 86% of total exports. It was distantly followed by Botswana (X units), making up an 11% share of total exports.

South Africa was also the fastest-growing in terms of the electric filament lamps exports, with a CAGR of +3.5% from 2012 to 2021. At the same time, Botswana (+1.9%) displayed positive paces of growth. While the share of South Africa (+46 p.p.) and Botswana (+5.3 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest electric filament lamp supplier in SADC, comprising 93% of total exports. The second position in the ranking was taken by Botswana ($X), with a 4.7% share of total exports.

In South Africa, electric filament lamp exports declined by an average annual rate of -8.4% over the period from 2012-2021.

Export Prices by Country

The export price in SADC stood at $X per unit in 2021, reducing by -10.9% against the previous year. Overall, the export price recorded a abrupt downturn. The most prominent rate of growth was recorded in 2018 an increase of 51% against the previous year. The level of export peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was South Africa ($X per unit), while Botswana amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Botswana (-5.0%).

Electric Filament Lamp Imports

Imports in SADC

In 2021, supplies from abroad of electric filament lamps decreased by -17.7% to X units, falling for the fourth consecutive year after two years of growth. Over the period under review, imports continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2013 when imports increased by 46% against the previous year. As a result, imports reached the peak of X units. From 2014 to 2021, the growth of imports remained at a lower figure.

In value terms, electric filament lamp imports declined to $X in 2021. In general, imports saw a deep reduction. The pace of growth was the most pronounced in 2016 with an increase of 13% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Tanzania was the key importing country with an import of around X units, which recorded 32% of total imports. South Africa (X units) took a 16% share (based on physical terms) of total imports, which put it in second place, followed by Democratic Republic of the Congo (12%), Botswana (11%), Angola (7.3%), Swaziland (6.4%) and Mozambique (5.1%).

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Swaziland (with a CAGR of +8.2%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, Tanzania ($X), South Africa ($X) and Democratic Republic of the Congo ($X) were the countries with the highest levels of imports in 2021, together comprising 68% of total imports.

Tanzania, with a CAGR of +5.9%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in SADC stood at $X per unit in 2021, surging by 20% against the previous year. Over the period under review, the import price enjoyed a noticeable expansion. The pace of growth appeared the most rapid in 2018 when the import price increased by 69%. Over the period under review, import prices hit record highs in 2021 and is likely to continue growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Mozambique ($X per unit), while Botswana ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mozambique (+31.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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