SADC: Market for Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced 2024

Market Size for Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced in SADC

The SADC market for boards, sheets, panels, tiles and similar articles of plaster not faced skyrocketed to $X in 2021, increasing by 21% against the previous year. Over the period under review, consumption, however, showed a pronounced shrinkage. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced in SADC

In value terms, production of boards, sheets, panels, tiles and similar articles of plaster not faced skyrocketed to $X in 2021 estimated in export price. Overall, production, however, recorded a pronounced slump. The growth pace was the most rapid in 2017 when the production volume increased by 30%. Over the period under review, production of hit record highs at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced

Exports in SADC

In 2021, overseas shipments of boards, sheets, panels, tiles and similar articles of plaster not faced increased by 65% to X square meters, rising for the second year in a row after two years of decline. Over the period under review, exports enjoyed a resilient expansion. The growth pace was the most rapid in 2017 when exports increased by 66% against the previous year. Over the period under review, the exports of reached the maximum in 2021 and are expected to retain growth in the near future.

In value terms, exports of boards, sheets, panels, tiles and similar articles of plaster not faced skyrocketed to $X in 2021. Total exports indicated a noticeable increase from 2012 to 2021: its value increased at an average annual rate of +2.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +94.7% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

South Africa (X square meters) represented roughly 98% of total exports in 2021.

South Africa was also the fastest-growing in terms of the boards, sheets, panels, tiles and similar articles of plaster not faced exports, with a CAGR of +10.2% from 2012 to 2021. South Africa (+6.3 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) also remains the largest board, sheet, panel, tile and similar article of plaster not faced supplier in SADC.

In South Africa, exports of boards, sheets, panels, tiles and similar articles of plaster not faced expanded at an average annual rate of +3.4% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in SADC amounted to $X per square meter, surging by 14% against the previous year. Overall, the export price, however, continues to indicate a abrupt decline. The pace of growth was the most pronounced in 2019 an increase of 25% against the previous year. The level of export peaked at $X per square meter in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

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 -6.1% per year.

Imports of Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced

Imports in SADC

In 2021, overseas purchases of boards, sheets, panels, tiles and similar articles of plaster not faced were finally on the rise to reach X square meters after two years of decline. Over the period under review, imports showed a relatively flat trend pattern. Over the period under review, imports of hit record highs at X square meters in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, imports of boards, sheets, panels, tiles and similar articles of plaster not faced surged to $X in 2021. Overall, imports, however, recorded a pronounced slump. Over the period under review, imports of reached the maximum at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, South Africa (X square meters) represented the key importer of boards, sheets, panels, tiles and similar articles of plaster not faced, mixing up 39% of total imports. It was distantly followed by Tanzania (X square meters), Angola (X square meters), Zimbabwe (X square meters) and Democratic Republic of the Congo (X square meters), together making up a 42% share of total imports. The following importers - Swaziland (X square meters) and Mozambique (X square meters) - each accounted for a 6.2% share of total imports.

South Africa experienced a relatively flat trend pattern with regard to volume of imports of boards, sheets, panels, tiles and similar articles of plaster not faced. At the same time, Democratic Republic of the Congo (+25.8%), Zimbabwe (+16.1%), Tanzania (+12.0%), Swaziland (+5.8%) and Mozambique (+1.9%) displayed positive paces of growth. Moreover, Democratic Republic of the Congo emerged as the fastest-growing importer imported in SADC, with a CAGR of +25.8% from 2012-2021. By contrast, Angola (-1.6%) illustrated a downward trend over the same period. While the share of Tanzania (+11 p.p.), Zimbabwe (+6.2 p.p.) and Democratic Republic of the Congo (+4.2 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Angola (-2.8 p.p.) and South Africa (-4.4 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X), Tanzania ($X) and Angola ($X) constituted the countries with the highest levels of imports in 2021, together comprising 49% of total imports. These countries were followed by Zimbabwe, Democratic Republic of the Congo, Swaziland and Mozambique, which together accounted for a further 28%.

Among the main importing countries, Democratic Republic of the Congo, with a CAGR of +24.2%, saw the highest growth rate of 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

In 2021, the import price in SADC amounted to $X per square meter, shrinking by -3.6% against the previous year. In general, the import price recorded a perceptible downturn. The pace of growth was the most pronounced in 2020 an increase of 12%. Over the period under review, import prices attained the peak figure at $X per square meter in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Democratic Republic of the Congo ($X per square meter), while South Africa ($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 South Africa (-0.7%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform