SADC: Market for Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber 2024

Market Size for Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber in SADC

In 2023, the SADC solid vulcanised rubber sheet market decreased by X% to $X for the first time since 2020, thus ending a two-year rising trend. In general, consumption showed a pronounced reduction. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2023, consumption remained at a lower figure.

Production of Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber in SADC

In value terms, solid vulcanised rubber sheet production stood at $X in 2023 estimated in export price. Overall, production, however, recorded a perceptible setback. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2023, production failed to regain momentum.

Exports of Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber

Exports in SADC

In 2023, the amount of plates, sheets, strips for floor covering of solid vulcanised rubber exported in SADC expanded slightly to X tons, with an increase of X% on the previous year. In general, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2023, the exports failed to regain momentum.

In value terms, solid vulcanised rubber sheet exports rose markedly to $X in 2023. Total exports indicated a moderate expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. 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 was the most pronounced in 2021 with an increase of X%. Over the period under review, the exports reached the peak figure in 2023 and are likely to see gradual growth in years to come.

Exports by Country

South Africa (X tons) represented roughly X% of total exports in 2023.

South Africa was also the fastest-growing in terms of the plates, sheets, strips for floor covering of solid vulcanised rubber exports, with a CAGR of X% from 2012 to 2023. South Africa (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) also remains the largest solid vulcanised rubber sheet supplier in SADC.

From 2012 to 2023, the average annual growth rate of value in South Africa totaled X%.

Export Prices by Country

In 2023, the export price in SADC amounted to $X per ton, growing by X% against the previous year. Export price indicated a temperate increase from 2012 to 2023: its price 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, solid vulcanised rubber sheet export price increased by X% against 2015 indices. The pace of growth was the most pronounced in 2015 an increase of X% against the previous year. The level of export peaked in 2023 and is expected to retain growth in the near future.

As there is only one major export destination, the average price level is determined by prices for South Africa.

From 2012 to 2023, the rate of growth in terms of prices for South Africa amounted to X% per year.

Imports of Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber

Imports in SADC

In 2023, after two years of growth, there was significant decline in purchases abroad of plates, sheets, strips for floor covering of solid vulcanised rubber, when their volume decreased by X% to X tons. In general, imports showed a mild contraction. The most prominent rate of growth was recorded in 2021 with an increase of X%. The volume of import peaked at X tons in 2017; however, from 2018 to 2023, imports remained at a lower figure.

In value terms, solid vulcanised rubber sheet imports contracted to $X in 2023. Overall, imports recorded a pronounced decrease. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2023, imports stood at a somewhat lower figure.

Imports by Country

South Africa represented the major importer of plates, sheets, strips for floor covering of solid vulcanised rubber in SADC, with the volume of imports accounting for X tons, which was approx. X% of total imports in 2023. Madagascar (X tons) took the second position in the ranking, followed by Zimbabwe (X tons) and Zambia (X tons). All these countries together took approx. X% share of total imports. The following importers - Democratic Republic of the Congo (X tons), Tanzania (X tons), Mozambique (X tons), Angola (X tons), Namibia (X tons) and Botswana (X tons) - together made up X% of total imports.

Imports into South Africa decreased at an average annual rate of X% from 2012 to 2023. At the same time, Mozambique (X%), Zambia (X%), Madagascar (X%), Botswana (X%) and Namibia (X%) displayed positive paces of growth. Moreover, Mozambique emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2023. Zimbabwe and Tanzania experienced a relatively flat trend pattern. By contrast, Democratic Republic of the Congo (X%) and Angola (X%) illustrated a downward trend over the same period. Madagascar (X p.p.), Zambia (X p.p.) and Mozambique (X p.p.) significantly strengthened its position in terms of the total imports, while Angola and South Africa saw its share reduced by X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported plates, sheets, strips for floor covering of solid vulcanised rubber in SADC, comprising X% of total imports. The second position in the ranking was taken by Zambia ($X), with an X% share of total imports. It was followed by Madagascar, with an X% share.

In South Africa, solid vulcanised rubber sheet imports contracted by an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Zambia (X% per year) and Madagascar (X% per year).

Import Prices by Country

In 2023, the import price in SADC amounted to $X per ton, stabilizing at the previous year. Overall, the import price continues to indicate a slight reduction. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. The level of import peaked at $X per ton in 2013; however, from 2014 to 2023, import prices failed to regain momentum.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Angola (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform