South Africa - Baths Of Iron Or Steel - Market Analysis, Forecast, Size, Trends And Insights
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South Africa - Baths Of Iron Or Steel - Market Analysis, Forecast, Size, Trends And Insights

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Oct 3, 2024

South African Metal Bath Exports Plummet to $1 Million in 2023

South Africa Metal Bath Exports

After three years of growth, shipments abroad of baths of iron or steel decreased by -29.5% to 233K units in 2023. Over the period under review, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2022 when exports increased by 100% against the previous year. As a result, the exports attained the peak of 331K units, and then contracted rapidly in the following year.

In value terms, metal bath exports fell markedly to $1,000K (IndexBox estimates) in 2023. In general, exports continue to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2022 when exports increased by 89%. As a result, the exports attained the peak of $1.6M, and then reduced markedly in the following year.South Africa Metal Bath Exports By Country (Thousand USD)

COUNTRYExport Value of Metal Bath in South Africa (thousand USD)
20132014201520162017201820192020202120222023
Democratic Republic of the Congo10529.326.733.517.172.319.314867.6234154
Namibia79.097.874.014413435312687.8132113145
Swaziland53.236.652.037.612014048.837.392.4210127
Botswana33032516010181.178.611111183.4482123
Zambia12711197.483.768.865.852.964.2108130118
Zimbabwe89.874.489.833.017.856.966.720313212652.4
Lesotho84.316.014.816.424.127.529.025.657.247.139.6
Mozambique96.313039.073.654.648.563.656.633.611939.1
Others260209206197232202219134137130202
Total1,2231,0307607197501,0447368688421,5931,000

Exports by Country

Swaziland (57K units), Namibia (35K units) and Zambia (33K units) were the main destinations of metal bath exports from South Africa, with a combined 54% share of total exports.

From 2013 to 2023, the biggest increases were recorded for Swaziland (with a CAGR of +16.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Democratic Republic of the Congo ($154K), Namibia ($145K) and Swaziland ($127K) were the largest markets for metal bath exported from South Africa worldwide, with a combined 43% share of total exports.

Swaziland, with a CAGR of +9.1%, 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.

Exports by Type

Iron (other than cast) or steel; baths (126K units) and cast iron, baths, whether or not enamelled (107K units) were the main products of metal bath exports from South Africa.

From 2013 to 2023, the most notable rate of growth in terms of shipments, amongst the major product types, was attained by cast iron, baths, whether or not enamelled (with a CAGR of +0.7%).

In value terms, iron (other than cast) or steel; baths ($735K) remains the largest type of baths of iron or steel exported from South Africa, comprising 74% of total exports. The second position in the ranking was taken by cast iron, baths, whether or not enamelled ($264K), with a 26% share of total exports.

From 2013 to 2023, the average annual rate of growth in terms of the value of iron (other than cast) or steel; baths exports was relatively modest.

Export Prices by Country

In 2023, the metal bath price stood at $4.3 per unit (FOB, South Africa), declining by -10.9% against the previous year. In general, the export price continues to indicate a noticeable setback. The pace of growth appeared the most rapid in 2019 when the average export price increased by 31%. As a result, the export price attained the peak level of $6 per unit. From 2020 to 2023, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($7.9 per unit), while the average price for exports to Swaziland ($2.2 per unit) was amongst the lowest.

From 2013 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mozambique (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the metal bath 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 25991127 - Baths of iron or steel

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption In 2012-2024
    5. Imports, In Physical Terms, By Country, 2012–2024
    6. Imports, In Value Terms, By Country, 2012–2024
    7. Import Prices, By Country Of Origin, 2012–2024
    8. Exports, In Physical Terms, By Country, 2012–2024
    9. Exports, In Value Terms, By Country, 2012–2024
    10. Export Prices, By Country Of Destination, 2012–2024
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
    5. Trade Balance, In Physical Terms, 2012-2024
    6. Trade Balance, In Value Terms, 2012-2024
    7. Per Capita Consumption, 2012-2024
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2024
    22. Production, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, 2012–2024
    24. Imports, In Value Terms, 2012–2024
    25. Imports, In Physical Terms, By Country, 2024
    26. Imports, In Physical Terms, By Country, 2012–2024
    27. Imports, In Value Terms, By Country, 2012–2024
    28. Import Prices, By Country Of Origin, 2012–2024
    29. Exports, In Physical Terms, 2012–2024
    30. Exports, In Value Terms, 2012–2024
    31. Exports, In Physical Terms, By Country, 2024
    32. Exports, In Physical Terms, By Country, 2012–2024
    33. Exports, In Value Terms, By Country, 2012–2024
    34. Export Prices, By Country Of Destination, 2012–2024

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