South Africa - Bituminous Mixtures - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSouth Africa Sees Significant Increase in Exports Reaching $21M in 2023
South Africa Bituminous Mixtures Exports
In 2023, overseas shipments of bituminous mixtures increased by 9.2% to 28K tons, rising for the third consecutive year after three years of decline. Over the period under review, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when exports increased by 42%. As a result, the exports reached the peak of 37K tons. From 2018 to 2023, the growth of the exports failed to regain momentum.
In value terms, bituminous mixtures exports rose rapidly to $21M (IndexBox estimates) in 2023. In general, exports enjoyed a slight expansion. The most prominent rate of growth was recorded in 2021 with an increase of 95% against the previous year. Over the period under review, the exports hit record highs at $22M in 2014; however, from 2015 to 2023, the exports failed to regain momentum.
| COUNTRY | Export Value of Bituminous Mixtures in South Africa (million USD) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| Zambia | 2.8 | 4.1 | 8.3 | 1.0 | 1.7 | 1.4 | 1.9 | 2.2 | 4.0 | 1.5 | 4.6 |
| Lesotho | N/A | 0.8 | 0.7 | 1.3 | 3.2 | 2.4 | 0.5 | 0.1 | 2.3 | 9.5 | 4.4 |
| Zimbabwe | 1.9 | 1.1 | 0.6 | 1.0 | 3.0 | 1.0 | 2.1 | 0.7 | 1.7 | 2.3 | 2.3 |
| Mozambique | 2.7 | 2.8 | 0.6 | 0.9 | 3.2 | 3.2 | 2.6 | 0.6 | 0.9 | 0.6 | 1.4 |
| Malawi | 0.5 | 0.3 | 0.3 | 1.3 | 1.5 | 2.0 | 1.4 | 0.6 | 1.0 | 1.0 | 1.2 |
| Namibia | 6.7 | 7.6 | 2.4 | 0.7 | 1.1 | 2.1 | 1.1 | 0.3 | 0.2 | 0.3 | 1.0 |
| Democratic Republic of the Congo | 0.1 | 0.4 | 0.5 | 0.4 | N/A | 0.7 | 0.1 | 0.1 | 0.4 | 1.0 | 0.7 |
| Botswana | 1.4 | 2.0 | 0.8 | 3.1 | 1.5 | 2.1 | 1.9 | 1.0 | 0.7 | 0.1 | 0.3 |
| Others | 2.6 | 3.2 | 2.1 | 1.7 | 2.1 | 1.8 | 1.3 | 1.2 | 2.0 | 3.3 | 5.2 |
| Total | 18.7 | 22.2 | 16.3 | 11.4 | 17.2 | 16.6 | 13.0 | 6.7 | 13.1 | 19.5 | 21.0 |
Exports by Country
Lesotho (7.4K tons), Zambia (5.6K tons) and Zimbabwe (2.8K tons) were the main destinations of bituminous mixtures exports from South Africa, with a combined 56% share of total exports.
From 2013 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Lesotho (with a CAGR of +76.4%), while the other leaders experienced more modest paces of growth.
In value terms, Zambia ($4.6M), Lesotho ($4.4M) and Zimbabwe ($2.3M) appeared to be the largest markets for bituminous mixtures exported from South Africa worldwide, together comprising 54% of total exports.
Lesotho, with a CAGR of +66.6%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2023, the bituminous mixtures price stood at $741 per ton (FOB, South Africa), approximately equating the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average export price increased by 42%. The export price peaked at $750 per ton in 2022, and then reduced in the following year.
There were significant differences in the average prices for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was Botswana ($1,313 per ton), while the average price for exports to Lesotho ($602 per ton) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Botswana (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.
This report provides an in-depth analysis of the bituminous mixtures market in South Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 23991310 - Bituminous mixtures based on natural and artificial aggregate and bitumen or natural asphalt as a binder
Country coverage:
- South Africa
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in South Africa
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
