SADC: Market for Flexible Tubes, Pipes and Hoses of Plastics, with Fittings 2024

Market Size for Flexible Tubes, Pipes and Hoses of Plastics, with Fittings in SADC

The SADC market for flexible tubes, pipes and hoses of plastics, with fittings shrank to $X in 2022, which is down by -2.7% against the previous year. The total consumption indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +6.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -6.8% against 2019 indices. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Production of Flexible Tubes, Pipes and Hoses of Plastics, with Fittings in SADC

In value terms, production of flexible tubes, pipes and hoses of plastics, with fittings shrank slightly to $X in 2022 estimated in export price. The total production indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +7.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -10.9% against 2019 indices. The most prominent rate of growth was recorded in 2019 when the production volume increased by 25% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2022, production of growth failed to regain momentum.

Exports of Flexible Tubes, Pipes and Hoses of Plastics, with Fittings

Exports in SADC

In 2022, shipments abroad of flexible tubes, pipes and hoses of plastics, with fittings increased by 9.1% to X tons, rising for the second year in a row after two years of decline. Over the period under review, exports, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2018 when exports increased by 108%. Over the period under review, the exports of reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of flexible tubes, pipes and hoses of plastics, with fittings surged to $X in 2022. In general, exports, however, recorded a perceptible curtailment. The pace of growth appeared the most rapid in 2018 when exports increased by 107% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

South Africa prevails in fittings structure, reaching X tons, which was near 94% of total exports in 2022. The following exporters - Namibia (X tons) and Zambia (X tons) - together made up 4.9% of total exports.

From 2012 to 2022, average annual rates of growth with regard to flexible tubes, pipes and hoses of plastics, with fittings exports from South Africa stood at -5.6%. At the same time, Namibia (+2.9%) displayed positive paces of growth. Moreover, Namibia emerged as the fastest-growing exporter exported in SADC, with a CAGR of +2.9% from 2012-2022. By contrast, Zambia (-1.8%) illustrated a downward trend over the same period. From 2012 to 2022, the share of South Africa and Namibia increased by +3.5 and +1.5 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest flexible tubes, pipes and hoses of plastics, with fittings supplier in SADC, comprising 85% of total exports. The second position in the ranking was held by Namibia ($X), with an 8.2% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa totaled -5.1%. The remaining exporting countries recorded the following average annual rates of exports growth: Namibia (+12.1% per year) and Zambia (-0.2% per year).

Export Prices by Country

The export price in SADC stood at $X per ton in 2022, rising by 11% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. The pace of growth was the most pronounced in 2021 an increase of 15% against the previous year. Over the period under review, the export prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Namibia ($X per ton), while Zambia ($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 (+8.9%), while the other leaders experienced more modest paces of growth.

Imports of Flexible Tubes, Pipes and Hoses of Plastics, with Fittings

Imports in SADC

In 2022, imports of flexible tubes, pipes and hoses of plastics, with fittings in SADC contracted to X tons, shrinking by -9% on the previous year. In general, imports continue to indicate a slight setback. The pace of growth was the most pronounced in 2021 with an increase of 40%. Over the period under review, imports of reached the maximum at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, imports of flexible tubes, pipes and hoses of plastics, with fittings contracted sharply to $X in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 80%. As a result, imports attained the peak of $X, and then shrank dramatically in the following year.

Imports by Country

In 2022, South Africa (X tons), distantly followed by Democratic Republic of the Congo (X tons), Namibia (X tons), Madagascar (X tons), Zambia (X tons), Tanzania (X tons) and Mauritius (X tons) were the largest importers of flexible tubes, pipes and hoses of plastics, with fittings, together comprising 80% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Mauritius (with a CAGR of +32.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X) constitutes the largest market for imported flexible tubes, pipes and hoses of plastics, with fittings in SADC, comprising 57% of total imports. The second position in the ranking was held by Namibia ($X), with a 10% share of total imports. It was followed by Democratic Republic of the Congo, with a 5.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa amounted to +2.9%. The remaining importing countries recorded the following average annual rates of imports growth: Namibia (+11.8% per year) and Democratic Republic of the Congo (-11.4% per year).

Import Prices by Country

In 2022, the import price in SADC amounted to $X per ton, waning by -18.3% against the previous year. Over the last decade, it increased at an average annual rate of +1.8%. The pace of growth appeared the most rapid in 2021 an increase of 29% against the previous year. As a result, import price attained the peak level of $X per ton, and then contracted markedly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+4.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform