Africa: Market for Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced 2024

Market Size for Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced in Africa

The African market for boards, sheets, panels, tiles and similar articles of plaster not faced skyrocketed to $X in 2021, surging by 19% against the previous year. Overall, consumption, however, saw a slight shrinkage. The level of consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Production of Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced in Africa

In value terms, production of boards, sheets, panels, tiles and similar articles of plaster not faced surged to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a mild decrease. The most prominent rate of growth was recorded in 2017 when the production volume increased by 25% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Exports of Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced

Exports in Africa

In 2021, approx. X square meters of boards, sheets, panels, tiles and similar articles of plaster not faced were exported in Africa; increasing by 58% compared with the previous year. Overall, exports recorded strong growth. The pace of growth was the most pronounced in 2017 when exports increased by 60%. The volume of export peaked in 2021 and is likely to continue growth in years to come.

In value terms, exports of boards, sheets, panels, tiles and similar articles of plaster not faced skyrocketed to $X in 2021. Total exports indicated temperate growth from 2012 to 2021: its value increased at an average annual rate of +2.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, South Africa (X square meters) represented the largest exporter of boards, sheets, panels, tiles and similar articles of plaster not faced, creating 63% of total exports. Algeria (X square meters) took the second position in the ranking, distantly followed by Morocco (X square meters). All these countries together held approx. 30% share of total exports. Egypt (X square meters) took a little share of total exports.

From 2012 to 2021, average annual rates of growth with regard to board, sheet, panel, tile and similar article of plaster not faced exports from South Africa stood at +10.2%. At the same time, Egypt (+18.2%) and Algeria (+4.3%) displayed positive paces of growth. Moreover, Egypt emerged as the fastest-growing exporter exported in Africa, with a CAGR of +18.2% from 2012-2021. By contrast, Morocco (-2.8%) illustrated a downward trend over the same period. From 2012 to 2021, the share of South Africa and Egypt increased by +17 and +2.4 percentage points, respectively.

In value terms, South Africa ($X) remains the largest board, sheet, panel, tile and similar article of plaster not faced supplier in Africa, comprising 75% of total exports. The second position in the ranking was taken by Morocco ($X), with a 9.3% share of total exports. It was followed by Algeria, with a 7.5% share.

In South Africa, exports of boards, sheets, panels, tiles and similar articles of plaster not faced increased at an average annual rate of +3.4% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Morocco (-0.2% per year) and Algeria (-1.0% per year).

Export Prices by Country

In 2021, the export price in Africa amounted to $X per square meter, with an increase of 12% against the previous year. Over the period under review, the export price, however, saw a perceptible decline. The pace of growth appeared the most rapid in 2019 when the export price increased by 40%. Over the period under review, the export prices attained the peak figure at $X per square meter in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Morocco ($X per square meter), while Algeria ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Morocco (+2.7%), while the other leaders experienced mixed trends in the export price figures.

Imports of Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced

Imports in Africa

After two years of decline, supplies from abroad of boards, sheets, panels, tiles and similar articles of plaster not faced increased by 31% to X square meters in 2021. In general, imports, however, recorded a relatively flat trend pattern. Over the period under review, imports of attained the maximum at X square meters in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, imports of boards, sheets, panels, tiles and similar articles of plaster not faced surged to $X in 2021. Overall, imports, however, showed a slight contraction. Over the period under review, imports of attained the peak figure at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, South Africa (X square meters) and Nigeria (X square meters) represented the major importers of boards, sheets, panels, tiles and similar articles of plaster not faced in Africa, together constituting 31% of total imports. Tanzania (X square meters) took a 6.9% share (based on physical terms) of total imports, which put it in second place, followed by Morocco (6%), Libya (6%) and Angola (4.6%). The following importers - Algeria (X square meters), Egypt (X square meters), Zimbabwe (X square meters), Cabo Verde (X square meters), Somalia (X square meters), Ghana (X square meters) and Democratic Republic of the Congo (X square meters) - together made up 21% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Democratic Republic of the Congo (with a CAGR of +25.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest board, sheet, panel, tile and similar article of plaster not faced importing markets in Africa were Nigeria ($X), Morocco ($X) and South Africa ($X), with a combined 29% share of total imports. Tanzania, Algeria, Angola, Egypt, Libya, Zimbabwe, Ghana, Democratic Republic of the Congo, Cabo Verde and Somalia lagged somewhat behind, together accounting for a further 36%.

Among the main importing countries, Democratic Republic of the Congo, with a CAGR of +24.2%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Africa stood at $X per square meter in 2021, stabilizing at the previous year. In general, the import price saw a mild setback. The most prominent rate of growth was recorded in 2020 an increase of 25% against the previous year. The level of import peaked at $X per square meter in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Ghana ($X per square meter), while South Africa ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Algeria (+6.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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