The import of television receivers, video monitors, and projectors to South Africa has shown significant fluctuations. In 2023, imports stood at $212.59 million USD. Year-on-year variations reveal volatility, with significant drops and peaks noted, such as a 25.32% decline in 2014 and an 81.43% increase in 2017. The compound annual growth rate (CAGR) for the period from 2019 to 2023 stands at 0.9%, indicating a flat but stable trend.
Looking ahead, the forecast suggests a continued steady growth at an average annual rate of 0.69%, with an expected cumulative growth rate of 3.49% by 2028. Trends to watch include advancements in broadcasting technology, potential shifts in consumer preferences, and economic factors that might impact second-tier market dynamics.