SADC: Adhesive Dressings Market 2024

Adhesive Dressings Market Size in SADC

The SADC adhesive dressings market dropped to $X in 2021, falling by -6.7% against the previous year. Overall, consumption showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X, and then contracted in the following year.

Adhesive Dressings Production in SADC

In value terms, adhesive dressings production reduced to $X in 2021 estimated in export price. Overall, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the production volume increased by 27%. As a result, production attained the peak level of $X, and then fell in the following year.

Adhesive Dressings Exports

Exports in SADC

In 2021, after two years of decline, there was significant growth in shipments abroad of adhesive dressings or similar articles, when their volume increased by 6.4% to X tons. Over the period under review, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when exports increased by 19% against the previous year. The volume of export peaked at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, adhesive dressings exports dropped slightly to $X in 2021. The total export value increased at an average annual rate of +1.6% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2018 when exports increased by 15% against the previous year. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

The biggest shipments were from South Africa (X tons), together accounting for 100% of total export.

South Africa experienced a relatively flat trend pattern with regard to volume of exports of adhesive dressings or similar articles. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) also remains the largest adhesive dressings supplier in SADC.

From 2012 to 2021, the average annual growth rate of value in South Africa totaled +1.6%.

Export Prices by Country

The export price in SADC stood at $X per ton in 2021, which is down by -7.9% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.5%. The pace of growth was the most pronounced in 2020 an increase of 22% against the previous year. As a result, the export price attained the peak level of $X per ton, and then dropped in the following year.

As there is only one major export destination, the average price level is determined by prices for South Africa.

From 2012 to 2021, the rate of growth in terms of prices for South Africa amounted to +1.6% per year.

Adhesive Dressings Imports

Imports in SADC

After two years of decline, purchases abroad of adhesive dressings or similar articles increased by 16% to X tons in 2021. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when imports increased by 22% against the previous year. As a result, imports reached the peak of X tons. From 2019 to 2021, the growth of imports failed to regain momentum.

In value terms, adhesive dressings imports skyrocketed to $X in 2021. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by 18% against the previous year. The level of import peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, South Africa (X tons) represented the major importer of adhesive dressings or similar articles, achieving 59% of total imports. It was distantly followed by Democratic Republic of the Congo (X tons) and Angola (X tons), together making up an 18% share of total imports. The following importers - Tanzania (X tons), Botswana (X tons), Zimbabwe (X tons), Zambia (X tons), Mauritius (X tons), Namibia (X tons), Malawi (X tons) and Mozambique (X tons) - together made up 21% of total imports.

From 2012 to 2021, average annual rates of growth with regard to adhesive dressings imports into South Africa stood at +1.6%. At the same time, Democratic Republic of the Congo (+5.8%), Angola (+4.4%), Zimbabwe (+3.5%) and Botswana (+1.1%) displayed positive paces of growth. Moreover, Democratic Republic of the Congo emerged as the fastest-growing importer imported in SADC, with a CAGR of +5.8% from 2012-2021. Malawi experienced a relatively flat trend pattern. By contrast, Namibia (-1.5%), Tanzania (-4.9%), Mauritius (-5.2%), Zambia (-7.0%) and Mozambique (-9.4%) illustrated a downward trend over the same period. From 2012 to 2021, the share of South Africa, Democratic Republic of the Congo and Angola increased by +3.9, +3.6 and +2 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported adhesive dressings or similar articles in SADC, comprising 77% of total imports. The second position in the ranking was taken by Angola ($X), with a 4.4% share of total imports. It was followed by Democratic Republic of the Congo, with a 3.8% share.

In South Africa, adhesive dressings imports remained relatively stable over the period from 2012-2021. In the other countries, the average annual rates were as follows: Angola (+2.4% per year) and Democratic Republic of the Congo (+5.0% per year).

Import Prices by Country

In 2021, the import price in SADC amounted to $X per ton, growing by 1.6% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 16% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mozambique (+10.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform