SADC: Market for Base Metal Fittings For Loose-Leaf Binders Or Files 2024

Market Size for Base Metal Fittings For Loose-Leaf Binders Or Files in SADC

The SADC loose-leaf binder metal fitting market soared to $X in 2022, jumping by 25% against the previous year. In general, consumption, however, saw a noticeable curtailment. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Base Metal Fittings For Loose-Leaf Binders Or Files in SADC

In value terms, loose-leaf binder metal fitting production dropped slightly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a perceptible downturn. The most prominent rate of growth was recorded in 2015 when the production volume increased by 180% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2022, production growth remained at a somewhat lower figure.

Exports of Base Metal Fittings For Loose-Leaf Binders Or Files

Exports in SADC

In 2022, loose-leaf binder metal fitting exports in SADC skyrocketed to X tons, jumping by 35% against the previous year. Overall, exports, however, showed a perceptible descent. The most prominent rate of growth was recorded in 2017 when exports increased by 51%. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, loose-leaf binder metal fitting exports soared to $X in 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when exports increased by 47% against the previous year. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, South Africa (X tons) was the major exporter of base metal fittings for loose-leaf binders or files in SADC, committing 99% of total export.

South Africa was also the fastest-growing in terms of the base metal fittings for loose-leaf binders or files exports, with a CAGR of -2.8% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) also remains the largest loose-leaf binder metal fitting supplier in SADC.

In South Africa, loose-leaf binder metal fitting exports remained relatively stable over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in SADC amounted to $X per ton, declining by -11.4% against the previous year. Export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, loose-leaf binder metal fitting export price decreased by -35.1% against 2019 indices. The most prominent rate of growth was recorded in 2019 an increase of 76%. As a result, the export price reached the peak level of $X per ton. From 2020 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for South Africa amounted to +1.9% per year.

Imports of Base Metal Fittings For Loose-Leaf Binders Or Files

Imports in SADC

In 2022, approx. X tons of base metal fittings for loose-leaf binders or files were imported in SADC; growing by 21% compared with the year before. In general, imports, however, showed a pronounced decrease. The pace of growth was the most pronounced in 2021 when imports increased by 64% against the previous year. The volume of import peaked at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, loose-leaf binder metal fitting imports surged to $X in 2022. Overall, imports, however, continue to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 74%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

South Africa was the key importer of base metal fittings for loose-leaf binders or files in SADC, with the volume of imports amounting to X tons, which was near 71% of total imports in 2022. It was distantly followed by Zimbabwe (X tons) and Namibia (X tons), together achieving a 20% share of total imports. Tanzania (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to loose-leaf binder metal fitting imports into South Africa stood at -5.0%. At the same time, Zimbabwe (+42.9%), Namibia (+5.1%) and Tanzania (+3.1%) displayed positive paces of growth. Moreover, Zimbabwe emerged as the fastest-growing importer imported in SADC, with a CAGR of +42.9% from 2012-2022. From 2012 to 2022, the share of Zimbabwe and Namibia increased by +14 and +2.9 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported base metal fittings for loose-leaf binders or files in SADC, comprising 78% of total imports. The second position in the ranking was held by Namibia ($X), with a 7.2% share of total imports. It was followed by Zimbabwe, with a 7.1% share.

In South Africa, loose-leaf binder metal fitting imports decreased by an average annual rate of -5.4% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Namibia (+5.1% per year) and Zimbabwe (+23.7% per year).

Import Prices by Country

In 2022, the import price in SADC amounted to $X per ton, stabilizing at the previous year. Over the period under review, the import price, however, continues to indicate a slight reduction. The most prominent rate of growth was recorded in 2018 an increase of 8.4%. Over the period under review, import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 Namibia ($X per ton), while Tanzania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Namibia (-0.0%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform