Africa: Worked Flat Glass Market 2024

Worked Flat Glass Market Size in Africa

The African worked flat glass market expanded to $X in 2021, picking up by 4.8% against the previous year. The market value increased at an average annual rate of +3.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Worked Flat Glass Production in Africa

In value terms, worked flat glass production rose markedly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.8% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 with an increase of 28%. The level of production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Worked Flat Glass Exports

Exports in Africa

In 2021, after two years of decline, there was significant growth in overseas shipments of worked flat glass, when their volume increased by 42% to X tons. In general, exports continue to indicate a measured increase. The pace of growth was the most pronounced in 2018 with an increase of 196% against the previous year. As a result, the exports reached the peak of X tons. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, worked flat glass exports soared to $X in 2021. Over the period under review, exports, however, saw a noticeable decrease. The pace of growth appeared the most rapid in 2018 with an increase of 137%. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Egypt prevails in exports structure, amounting to X tons, which was approx. 85% of total exports in 2021. It was distantly followed by South Africa (X tons), constituting a 7.8% share of total exports. Tunisia (X tons) followed a long way behind the leaders.

Egypt was also the fastest-growing in terms of the worked flat glass exports, with a CAGR of +17.0% from 2012 to 2021. At the same time, Tunisia (+3.5%) displayed positive paces of growth. By contrast, South Africa (-15.2%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Egypt increased by +56 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Egypt ($X) remains the largest worked flat glass supplier in Africa, comprising 63% of total exports. The second position in the ranking was held by South Africa ($X), with a 24% share of total exports.

In Egypt, worked flat glass exports increased at an average annual rate of +3.5% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: South Africa (-13.6% per year) and Tunisia (+2.9% per year).

Export Prices by Country

The export price in Africa stood at $X per ton in 2021, increasing by 25% against the previous year. Overall, the export price, however, continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2013 an increase of 32% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was South Africa ($X per ton), while Egypt ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Africa (+1.9%), while the other leaders experienced a decline in the export price figures.

Worked Flat Glass Imports

Imports in Africa

After two years of decline, overseas purchases of worked flat glass increased by 4.7% to X tons in 2021. Total imports indicated a modest increase from 2012 to 2021: its volume increased at an average annual rate of +1.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -17.6% against 2018 indices. The pace of growth was the most pronounced in 2018 with an increase of 56%. As a result, imports reached the peak of X tons. From 2019 to 2021, the growth of imports remained at a lower figure.

In value terms, worked flat glass imports surged to $X in 2021. The total import value increased at an average annual rate of +3.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when imports increased by 46% against the previous year. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, Ghana (X tons) was the major importer of worked flat glass, making up 48% of total imports. Algeria (X tons) held a 14% share (based on physical terms) of total imports, which put it in second place, followed by Tanzania (6.2%) and Libya (5.5%). Egypt (X tons), South Africa (X tons), Djibouti (X tons), Benin (X tons) and Angola (X tons) held a minor share of total imports.

From 2012 to 2021, average annual rates of growth with regard to worked flat glass imports into Ghana stood at +2.0%. At the same time, Egypt (+26.0%), Tanzania (+20.0%), Algeria (+16.5%), Djibouti (+12.3%) and Angola (+10.8%) displayed positive paces of growth. Moreover, Egypt emerged as the fastest-growing importer imported in Africa, with a CAGR of +26.0% from 2012-2021. By contrast, South Africa (-2.5%), Benin (-5.1%) and Libya (-9.9%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Algeria, Tanzania, Egypt, Ghana and Djibouti increased by +10, +4.9, +3.2, +2 and +1.9 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Ghana ($X) constitutes the largest market for imported worked flat glass in Africa, comprising 40% of total imports. The second position in the ranking was held by Algeria ($X), with a 14% share of total imports. It was followed by Tanzania, with a 6.8% share.

In Ghana, worked flat glass imports increased at an average annual rate of +9.6% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Algeria (+17.9% per year) and Tanzania (+25.6% per year).

Import Prices by Country

The import price in Africa stood at $X per ton in 2021, increasing by 16% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.1%. The most prominent rate of growth was recorded in 2016 when the import price increased by 29% against the previous year. As a result, import price reached the peak level of $X per ton. From 2017 to 2021, the import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was South Africa ($X per ton), while Egypt ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ghana (+7.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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