Africa: Market for Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings 2024

Market Size for Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings in Africa

The African market for glaziers putty, grafting putty, other mastics and painters' fillings stood at $X in 2022, therefore, remained relatively stable against the previous year. The market value increased at an average annual rate of +3.2% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked in 2022 and is likely to see steady growth in the near future.

Production of Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings in Africa

In value terms, production of glaziers putty, grafting putty, other mastics and painters' fillings amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.1% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2018 with an increase of 29%. Over the period under review, production of attained the maximum level in 2022 and is likely to see gradual growth in the immediate term.

Exports of Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings

Exports in Africa

In 2022, exports of glaziers putty, grafting putty, other mastics and painters' fillings in Africa rose rapidly to X tons, increasing by 7.2% on the previous year's figure. The total export volume increased at an average annual rate of +3.1% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2015 with an increase of 32%. As a result, the exports attained the peak of X tons. From 2016 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of glaziers putty, grafting putty, other mastics and painters' fillings skyrocketed to $X in 2022. Over the period under review, exports recorded a resilient expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 80% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

Exports by Country

South Africa (X tons) and Egypt (X tons) dominates fillings structure, together constituting 78% of total exports. It was distantly followed by Morocco (X tons) and Tunisia (X tons), together mixing up a 13% share of total exports. Kenya (X tons) and Ghana (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Egypt (with a CAGR of +48.7%), while the other leaders experienced more modest paces of growth.

In value terms, Egypt ($X) emerged as the largest glaziers, grafting putty and painters' filling supplier in Africa, comprising 63% of total exports. The second position in the ranking was held by South Africa ($X), with a 20% share of total exports. It was followed by Tunisia, with a 9.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Egypt stood at +74.2%. The remaining exporting countries recorded the following average annual rates of exports growth: South Africa (+2.1% per year) and Tunisia (+11.9% per year).

Export Prices by Country

The export price in Africa stood at $X per ton in 2022, with an increase of 55% against the previous year. In general, the export price posted a buoyant expansion. The most prominent rate of growth was recorded in 2021 when the export price increased by 63% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the near future.

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 Egypt ($X per ton), while Ghana ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+17.1%), while the other leaders experienced more modest paces of growth.

Imports of Glaziers Putty, Grafting Putty, Other Mastics and Painters' Fillings

Imports in Africa

In 2022, approx. X tons of glaziers putty, grafting putty, other mastics and painters' fillings were imported in Africa; standing approx. at the previous year's figure. The total import volume increased at an average annual rate of +4.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of 25%. The volume of import peaked in 2022 and is expected to retain growth in the near future.

In value terms, imports of glaziers putty, grafting putty, other mastics and painters' fillings declined modestly to $X in 2022. Total imports indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +5.2% 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 +54.3% against 2017 indices. The pace of growth appeared the most rapid in 2018 when imports increased by 24% against the previous year. Over the period under review, imports of hit record highs at $X in 2021, and then contracted modestly in the following year.

Imports by Country

In 2022, Tanzania (X tons), followed by South Africa (X tons), Nigeria (X tons), Libya (X tons), Algeria (X tons) and Egypt (X tons) represented the largest importers of glaziers putty, grafting putty, other mastics and painters' fillings, together mixing up 55% of total imports. Morocco (X tons), Benin (X tons), Kenya (X tons), Ghana (X tons), Botswana (X tons), Zimbabwe (X tons) and Tunisia (X tons) took a minor share 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 Tanzania (with a CAGR of +34.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X), Egypt ($X) and Algeria ($X) were the countries with the highest levels of imports in 2022, together accounting for 43% of total imports. Morocco, Libya, Tunisia, Ghana, Nigeria, Tanzania, Kenya, Zimbabwe, Botswana and Benin lagged somewhat behind, together comprising a further 38%.

Tanzania, with a CAGR of +19.7%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Africa amounted to $X per ton, waning by -4% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the import price increased by 12%. As a result, import price reached the peak level of $X per ton. From 2019 to 2022, the import prices failed to regain momentum.

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 ($X per ton), while Tanzania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Algeria (+9.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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