SADC: Market for Equipment For Scaffolding, Shuttering, Propping Or Pit Propping 2024

Market Size for Equipment For Scaffolding, Shuttering, Propping Or Pit Propping in SADC

The SADC market for equipment for scaffolding, shuttering, propping or pit propping totaled $X in 2021, surging by 2.6% against the previous year. In general, consumption showed a slight descent. The level of consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Production of Equipment For Scaffolding, Shuttering, Propping Or Pit Propping in SADC

In value terms, scaffolding, shuttering, and propping equipment production stood at $X in 2021 estimated in export price. Overall, production, however, continues to indicate a noticeable curtailment. The growth pace was the most rapid in 2018 when the production volume increased by 21% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Equipment For Scaffolding, Shuttering, Propping Or Pit Propping

Exports in SADC

In 2021, approx. X tons of equipment for scaffolding, shuttering, propping or pit propping were exported in SADC; approximately reflecting 2020. Over the period under review, exports, however, continue to indicate a noticeable descent. The most prominent rate of growth was recorded in 2017 with an increase of 29% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, scaffolding, shuttering, and propping equipment exports surged to $X in 2021. In general, exports, however, showed a deep slump. The pace of growth appeared the most rapid in 2017 when exports increased by 26%. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

In 2021, South Africa (X tons) represented the key exporter of equipment for scaffolding, shuttering, propping or pit propping in SADC, mixing up 92% of total export.

South Africa was also the fastest-growing in terms of the equipment for scaffolding, shuttering, propping or pit propping exports, with a CAGR of -3.6% from 2012 to 2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) also remains the largest scaffolding, shuttering, and propping equipment supplier in SADC.

From 2012 to 2021, the average annual growth rate of value in South Africa totaled -6.0%.

Export Prices by Country

In 2021, the export price in SADC amounted to $X per ton, surging by 21% against the previous year. Over the period under review, the export price, however, saw a noticeable descent. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, 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 2021, the rate of growth in terms of prices for South Africa amounted to -2.5% per year.

Imports of Equipment For Scaffolding, Shuttering, Propping Or Pit Propping

Imports in SADC

Scaffolding, shuttering, and propping equipment imports fell to X tons in 2021, dropping by -6% against the previous year. In general, imports continue to indicate a perceptible reduction. The pace of growth appeared the most rapid in 2013 with an increase of 29%. As a result, imports attained the peak of X tons. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, scaffolding, shuttering, and propping equipment imports surged to $X in 2021. Overall, imports showed a noticeable setback. The most prominent rate of growth was recorded in 2018 with an increase of 32% against the previous year. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The countries with the highest levels of scaffolding, shuttering, and propping equipment imports in 2021 were Tanzania (X tons), South Africa (X tons) and Democratic Republic of the Congo (X tons), together amounting to 45% of total import. Angola (X tons) took an 8.5% share (based on physical terms) of total imports, which put it in second place, followed by Botswana (7.4%), Mauritius (6.7%), Mozambique (5.8%) and Namibia (5.2%). The following importers - Zambia (X tons), Lesotho (X tons), Zimbabwe (X tons), Swaziland (X tons) and Malawi (X tons) - together made up 18% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Swaziland (with a CAGR of +19.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest scaffolding, shuttering, and propping equipment importing markets in SADC were South Africa ($X), Tanzania ($X) and Democratic Republic of the Congo ($X), with a combined 52% share of total imports.

In terms of the main importing countries, Tanzania, with a CAGR of +15.3%, recorded 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

The import price in SADC stood at $X per ton in 2021, surging by 40% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. Over the period under review, import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was South Africa ($X per ton), while Zambia ($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 (+3.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform