Africa: Market for Multiple-Walled Insulating Units Of Glass 2024

Market Size for Multiple-Walled Insulating Units Of Glass in Africa

The African multiple-walled insulating glass unit market rose sharply to $X in 2021, with an increase of 5.2% against the previous year. In general, consumption, however, continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2019; afterwards, it flattened through to 2021.

Production of Multiple-Walled Insulating Units Of Glass in Africa

In value terms, multiple-walled insulating glass unit production rose slightly to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of 8.7% 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 Multiple-Walled Insulating Units Of Glass

Exports in Africa

In 2021, shipments abroad of multiple-walled insulating units of glass increased by 98% to X square meters for the first time since 2017, thus ending a three-year declining trend. Over the period under review, exports, however, faced a deep setback. Over the period under review, the exports attained the maximum at X square meters in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, multiple-walled insulating glass unit exports soared to $X in 2021. In general, exports, however, continue to indicate a noticeable setback. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Tunisia represented the largest exporting country with an export of around X square meters, which finished at 53% of total exports. It was distantly followed by South Africa (X square meters), generating a 31% share of total exports. Namibia (X square meters), Egypt (X square meters), Congo (X square meters) and Togo (X square meters) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by South Africa (with a CAGR of +26.0%), while the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X), Tunisia ($X) and Togo ($X) constituted the countries with the highest levels of exports in 2021, with a combined 95% share of total exports.

South Africa, with a CAGR of +28.0%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in Africa amounted to $X per square meter, jumping by 31% against the previous year. In general, the export price continues to indicate resilient growth. The pace of growth appeared the most rapid in 2015 an increase of 125% against the previous year. Over the period under review, the export prices attained the peak figure in 2021 and is expected to retain growth in years to come.

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 South Africa ($X per square meter), while Congo ($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 Tunisia (+6.2%), while the other leaders experienced more modest paces of growth.

Imports of Multiple-Walled Insulating Units Of Glass

Imports in Africa

In 2021, purchases abroad of multiple-walled insulating units of glass increased by 76% to X square meters for the first time since 2018, thus ending a two-year declining trend. In general, imports showed a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, multiple-walled insulating glass unit imports skyrocketed to $X in 2021. Over the period under review, imports enjoyed a strong expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Nigeria represented the key importing country with an import of about X square meters, which resulted at 36% of total imports. Egypt (X square meters) ranks second in terms of the total imports with a 9% share, followed by Morocco (7.1%), Cote d'Ivoire (5.6%), Senegal (4.8%) and Ethiopia (4.6%). The following importers - Djibouti (X square meters), Libya (X square meters), Mayotte (X square meters), Tanzania (X square meters), Algeria (X square meters), Democratic Republic of the Congo (X square meters) and Congo (X square meters) - together made up 17% of total imports.

Nigeria was also the fastest-growing in terms of the multiple-walled insulating units of glass imports, with a CAGR of +68.4% from 2012 to 2021. At the same time, Cote d'Ivoire (+52.0%), Djibouti (+42.6%), Mayotte (+38.9%), Senegal (+36.1%), Democratic Republic of the Congo (+32.4%), Tanzania (+30.5%), Morocco (+18.3%), Egypt (+17.2%), Ethiopia (+9.7%), Congo (+5.5%) and Libya (+2.8%) displayed positive paces of growth. By contrast, Algeria (-10.2%) illustrated a downward trend over the same period. Nigeria (+35 p.p.), Cote d'Ivoire (+5.2 p.p.), Senegal (+4 p.p.), Djibouti (+3.5 p.p.), Egypt (+3.2 p.p.), Morocco (+2.9 p.p.), Mayotte (+2 p.p.) and Tanzania (+1.7 p.p.) significantly strengthened its position in terms of the total imports, while Libya and Algeria saw its share reduced by -3% and -12.8% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Nigeria ($X) constitutes the largest market for imported multiple-walled insulating units of glass in Africa, comprising 37% of total imports. The second position in the ranking was held by Egypt ($X), with a 9.9% share of total imports. It was followed by Morocco, with an 8.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Nigeria totaled +68.0%. In the other countries, the average annual rates were as follows: Egypt (+6.5% per year) and Morocco (+17.0% per year).

Import Prices by Country

The import price in Africa stood at $X per square meter in 2021, surging by 11% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the import price increased by 24%. As a result, import price attained the peak level of $X per square meter. From 2015 to 2021, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Senegal ($X per square meter), while Tanzania ($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 Senegal (+8.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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