Africa: Market for Float Glass And Surface Ground or Polished Glass 2024

Market Size for Float Glass And Surface Ground or Polished Glass in Africa

The African market for float glass and surface ground or polished glass reduced modestly to $X in 2022, dropping by X% against the previous year. Overall, consumption posted a strong expansion. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Production of Float Glass And Surface Ground or Polished Glass in Africa

In value terms, production of float glass and surface ground or polished glass expanded to $X in 2022 estimated in export price. In general, production continues to indicate a resilient expansion. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, production of hit record highs at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Float Glass And Surface Ground or Polished Glass

Exports in Africa

In 2022, overseas shipments of float glass and surface ground or polished glass increased by X% to X square meters, rising for the second year in a row after three years of decline. In general, exports saw a tangible expansion. The most prominent rate of growth was recorded in 2017 when exports increased by X%. As a result, the exports attained the peak of X square meters. From 2018 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of float glass and surface ground or polished glass surged to $X in 2022. Overall, exports saw a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of export peaked in 2022 and is likely to see steady growth in the immediate term.

Exports by Country

Egypt (X square meters) and Algeria (X square meters) represented roughly X% of total exports in 2022. It was distantly followed by South Africa (X square meters), creating a X% share of total exports. Nigeria (X square meters) held a minor share of total exports.

From 2012 to 2022, the biggest increases were recorded for Nigeria (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Egypt ($X) remains the largest float glass and surface ground or polished glass supplier in Africa, comprising X% of total exports. The second position in the ranking was taken by Algeria ($X), with a X% share of total exports. It was followed by South Africa, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Egypt amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Algeria (X% per year) and South Africa (X% per year).

Export Prices by Country

In 2022, the export price in Africa amounted to $X per square meter, surging by X% against the previous year. Overall, the export price recorded moderate growth. The pace of growth was the most pronounced in 2020 when the export price increased by X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Nigeria ($X per square meter), while South Africa ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (X%), while the other leaders experienced more modest paces of growth.

Imports of Float Glass And Surface Ground or Polished Glass

Imports in Africa

In 2022, approx. X square meters of float glass and surface ground or polished glass were imported in Africa; increasing by X% on the year before. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. The volume of import peaked in 2022 and is likely to continue growth in years to come.

In value terms, imports of float glass and surface ground or polished glass stood at $X in 2022. Total imports indicated strong growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X%. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

Morocco (X square meters) and Tunisia (X square meters) represented the largest importers of float glass and surface ground or polished glass in 2022, recording approx. X% and X% of total imports, respectively. Kenya (X square meters) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Algeria (X%), Djibouti (X%), Ethiopia (X%) and Tanzania (X%). The following importers - Democratic Republic of the Congo (X square meters), Zimbabwe (X square meters), Ghana (X square meters), South Africa (X square meters), Egypt (X square meters) and Rwanda (X square meters) - together made up X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Democratic Republic of the Congo (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Morocco ($X) constitutes the largest market for imported float glass and surface ground or polished glass in Africa, comprising X% of total imports. The second position in the ranking was held by Tunisia ($X), with an X% share of total imports. It was followed by Ethiopia, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Morocco amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: Tunisia (X% per year) and Ethiopia (X% per year).

Import Prices by Country

In 2022, the import price in Africa amounted to $X per square meter, declining by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2020 when the import price increased by X%. Over the period under review, import prices attained the peak figure at $X per square meter in 2021, and then dropped in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Egypt ($X per square meter), while Democratic Republic of the Congo ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Djibouti (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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