Africa: Vulcanised Rubber Mats Market 2024

Vulcanised Rubber Mats Market Size in Africa

The African vulcanised rubber mats market was estimated at $X in 2021, picking up by 3.3% against the previous year. The total consumption indicated a pronounced expansion from 2012 to 2021: its value increased at an average annual rate of +3.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -1.5% against 2019 indices. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Vulcanised Rubber Mats Production in Africa

In value terms, vulcanised rubber mats production expanded sharply to $X in 2021 estimated in export price. The total production indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +6.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -5.1% against 2019 indices. The pace of growth was the most pronounced in 2019 with an increase of 41% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2021, production growth remained at a lower figure.

Vulcanised Rubber Mats Exports

Exports in Africa

After two years of decline, shipments abroad of floor coverings and mats of vulcanised rubber increased by 33% to X tons in 2021. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 72%. The volume of export peaked at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, vulcanised rubber mats exports soared to $X in 2021. In general, exports, however, recorded a slight descent. The pace of growth was the most pronounced in 2013 with an increase of 62%. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

South Africa was the major exporter of floor coverings and mats of vulcanised rubber in Africa, with the volume of exports recording X tons, which was approx. 66% of total exports in 2021. It was distantly followed by Kenya (X tons), mixing up a 14% share of total exports. Egypt (X tons), Sierra Leone (X tons), Tunisia (X tons), Morocco (X tons) and Tanzania (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to vulcanised rubber mats exports from South Africa stood at -2.3%. At the same time, Morocco (+188.8%), Egypt (+95.8%), Kenya (+22.6%) and Sierra Leone (+3.2%) displayed positive paces of growth. Moreover, Morocco emerged as the fastest-growing exporter exported in Africa, with a CAGR of +188.8% from 2012-2021. By contrast, Tunisia (-2.0%) and Tanzania (-6.5%) illustrated a downward trend over the same period. While the share of Kenya (+12 p.p.), Egypt (+4.3 p.p.) and Morocco (+2.1 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of South Africa (-16.9 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest vulcanised rubber mats supplier in Africa, comprising 72% of total exports. The second position in the ranking was held by Kenya ($X), with a 7.9% share of total exports. It was followed by Egypt, with a 5.1% share.

From 2012 to 2021, the average annual growth rate of value in South Africa totaled -3.9%. In the other countries, the average annual rates were as follows: Kenya (+18.5% per year) and Egypt (+102.0% per year).

Export Prices by Country

The export price in Africa stood at $X per ton in 2021, increasing by 5% against the previous year. In general, the export price, however, saw a mild descent. The pace of growth appeared the most rapid in 2020 when the export price increased by 38%. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 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 ($X per ton), while Kenya ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Tanzania (+11.2%), while the other leaders experienced more modest paces of growth.

Vulcanised Rubber Mats Imports

Imports in Africa

After two years of decline, supplies from abroad of floor coverings and mats of vulcanised rubber increased by 2.8% to X tons in 2021. Over the period under review, imports, however, saw a mild decline. The pace of growth was the most pronounced in 2018 when imports increased by 55%. The volume of import peaked at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, vulcanised rubber mats imports expanded significantly to $X in 2021. The total import value increased at an average annual rate of +1.3% over the period from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of 17% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, South Africa (X tons), followed by Nigeria (X tons), Morocco (X tons), Ethiopia (X tons), Ghana (X tons) and Kenya (X tons) represented the major importers of floor coverings and mats of vulcanised rubber, together achieving 62% of total imports. Tanzania (X tons), Senegal (X tons), Mauritius (X tons), Algeria (X tons), Libya (X tons), Rwanda (X tons) and Tunisia (X tons) took a minor share of total imports.

From 2012 to 2021, the biggest increases were recorded for Ethiopia (with a CAGR of +32.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X) constitutes the largest market for imported floor coverings and mats of vulcanised rubber in Africa, comprising 23% of total imports. The second position in the ranking was taken by Morocco ($X), with an 11% share of total imports. It was followed by Ethiopia, with a 5.6% share.

In South Africa, vulcanised rubber mats imports expanded at an average annual rate of +1.9% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Morocco (+17.9% per year) and Ethiopia (+26.8% per year).

Import Prices by Country

In 2021, the import price in Africa amounted to $X per ton, rising by 8.5% against the previous year. Import price indicated noticeable growth from 2012 to 2021: its price increased at an average annual rate of +2.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, vulcanised rubber mats import price increased by +32.3% against 2018 indices. The pace of growth was the most pronounced in 2014 an increase of 38%. The level of import peaked at $X per ton in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Algeria ($X per ton), while Nigeria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Algeria (+7.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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