In 2023, the import of Optical, Photo, Technical and Medical Apparatus to South Africa stood at 2.36 billion US dollars. The forecasted data indicates a steady growth in imports from 2024 through 2028, starting at 2.3818 billion US dollars in 2024 and reaching 2.4709 billion US dollars by 2028.
The year-on-year variation percentage shows a consistent albeit moderate increase: approximately 0.97% from 2024 to 2025, 0.94% from 2025 to 2026, 0.91% from 2026 to 2027, and 0.88% from 2027 to 2028. The average annual growth rate (CAGR) over the five-year period is expected to be around 0.93%.
The trends over this period suggest a stable and gradual increase in the demand for such apparatus in South Africa. Future trends to watch for include advancements in medical technology, increased healthcare investment, and technological innovations in optical and photographic equipment, which could influence higher import values.