Africa: Safety Glass Market 2024

Safety Glass Market Size in Africa

The African safety glass market amounted to $X in 2022, remaining constant against the previous year. The total consumption indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -3.1% against 2019 indices. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Safety Glass Production in Africa

In value terms, safety glass production reduced modestly to $X in 2022 estimated in export price. The total production indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -4.8% against 2019 indices. The pace of growth appeared the most rapid in 2017 with an increase of 33%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Safety Glass Exports

Exports in Africa

In 2022, safety glass exports in Africa dropped notably to X square meters, reducing by -31.5% compared with the previous year. Over the period under review, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of 138% against the previous year. As a result, the exports attained the peak of X square meters. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, safety glass exports declined sharply to $X in 2022. In general, exports saw a mild shrinkage. The most prominent rate of growth was recorded in 2018 when exports increased by 33% against the previous year. Over the period under review, the exports attained the maximum at $X in 2021, and then declined significantly in the following year.

Exports by Country

Morocco (X square meters), Algeria (X square meters) and South Africa (X square meters) represented roughly 84% of total exports in 2022. It was distantly followed by Egypt (X square meters), mixing up a 14% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Morocco (with a CAGR of +16.1%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, the largest safety glass supplying countries in Africa were Morocco ($X), South Africa ($X) and Algeria ($X), with a combined 88% share of total exports.

In terms of the main exporting countries, Morocco, with a CAGR of +22.2%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in Africa amounted to $X per square meter, therefore, remained relatively stable against the previous year. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of 49%. The level of export peaked at $X per square meter in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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 Morocco ($X per square meter), while Algeria ($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 Algeria (+6.9%), while the other leaders experienced mixed trends in the export price figures.

Safety Glass Imports

Imports in Africa

Safety glass imports contracted to X square meters in 2022, standing approx. at the previous year. Total imports indicated a buoyant increase from 2012 to 2022: its volume 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 +3.9% against 2020 indices. The pace of growth appeared the most rapid in 2017 with an increase of 25%. Over the period under review, imports hit record highs at X square meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, safety glass imports rose sharply to $X in 2022. The total import value increased at an average annual rate of +3.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 21%. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

Morocco (X square meters) and South Africa (X square meters) represented the major importers of safety glass in 2022, resulting at approx. 19% and 16% of total imports, respectively. Nigeria (X square meters) ranks next in terms of the total imports with a 6.6% share, followed by Kenya (4.8%) and Algeria (4.7%). The following importers - Tunisia (X square meters), Senegal (X square meters), Angola (X square meters), Ghana (X square meters), Mauritius (X square meters), Libya (X square meters), Cote d'Ivoire (X square meters) and Egypt (X square meters) - together made up 24% 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 Senegal (with a CAGR of +25.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest safety glass importing markets in Africa were South Africa ($X), Morocco ($X) and Nigeria ($X), with a combined 46% share of total imports. Algeria, Kenya, Angola, Egypt, Tunisia, Ghana, Libya, Senegal, Cote d'Ivoire and Mauritius lagged somewhat behind, together accounting for a further 29%.

Among the main importing countries, Senegal, with a CAGR of +23.0%, 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 2022, picking up by 12% against the previous year. In general, the import price, however, saw a slight descent. The pace of growth was the most pronounced in 2021 an increase of 16%. The level of import peaked at $X per square meter in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 ($X per square meter), while Mauritius ($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 Nigeria (+4.8%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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