SADC: Vulcanised Rubber Mats Market 2024

Vulcanised Rubber Mats Market Size in SADC

The SADC vulcanised rubber mats market expanded markedly to $X in 2021, increasing by 5.6% against the previous year. The total consumption indicated perceptible growth from 2012 to 2021: its value increased at an average annual rate of +4.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -0.9% against 2019 indices. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market remained at a somewhat lower figure.

Vulcanised Rubber Mats Production in SADC

In value terms, vulcanised rubber mats production rose significantly to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2019 when the production volume increased by 64% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2021, production growth remained at a lower figure.

Vulcanised Rubber Mats Exports

Exports in SADC

In 2021, after three years of decline, there was significant growth in overseas shipments of floor coverings and mats of vulcanised rubber, when their volume increased by 20% to X tons. Over the period under review, exports, however, recorded a perceptible decrease. The growth pace was the most rapid in 2013 when exports increased by 53% against the previous year. The volume of export peaked at X tons in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, vulcanised rubber mats exports soared to $X in 2021. Overall, exports, however, saw a noticeable descent. The growth pace was the most rapid in 2013 when exports increased by 56% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

South Africa dominates exports structure, finishing at X tons, which was approx. 95% of total exports in 2021. Tanzania (X tons) and Democratic Republic of the Congo (X tons) held a minor share of total exports.

From 2012 to 2021, average annual rates of growth with regard to vulcanised rubber mats exports from South Africa stood at -2.3%. At the same time, Democratic Republic of the Congo (+10.4%) displayed positive paces of growth. Moreover, Democratic Republic of the Congo emerged as the fastest-growing exporter exported in SADC, with a CAGR of +10.4% from 2012-2021. By contrast, Tanzania (-6.5%) illustrated a downward trend over the same period. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest vulcanised rubber mats supplier in SADC, comprising 96% of total exports. The second position in the ranking was taken by Tanzania ($X), with a 1.3% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in South Africa amounted to -3.9%. In the other countries, the average annual rates were as follows: Tanzania (+4.0% per year) and Democratic Republic of the Congo (+11.3% per year).

Export Prices by Country

In 2021, the export price in SADC amounted to $X per ton, with an increase of 7.4% against the previous year. Over the period under review, the export price, however, saw a slight descent. The pace of growth was the most pronounced in 2020 an increase of 14% against the previous year. Over the period under review, the export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was South Africa ($X per ton), while Tanzania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Tanzania (+11.2%), while the other leaders experienced mixed trends in the export price figures.

Vulcanised Rubber Mats Imports

Imports in SADC

In 2021, purchases abroad of floor coverings and mats of vulcanised rubber was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +2.9% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The volume of import peaked at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, vulcanised rubber mats imports surged to $X in 2021. Overall, imports showed a relatively flat trend pattern. The level of import peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

South Africa represented the key importing country with an import of about X tons, which amounted to 56% of total imports. Tanzania (X tons) held a 13% share (based on physical terms) of total imports, which put it in second place, followed by Mauritius (9.1%). The following importers - Botswana (X tons), Democratic Republic of the Congo (X tons), Zimbabwe (X tons), Angola (X tons), Namibia (X tons), Mozambique (X tons) and Madagascar (X tons) - together made up 19% of total imports.

Imports into South Africa increased at an average annual rate of +2.6% from 2012 to 2021. At the same time, Democratic Republic of the Congo (+22.2%), Tanzania (+17.8%), Madagascar (+7.9%), Namibia (+7.7%), Mauritius (+7.1%), Botswana (+6.9%), Mozambique (+4.2%) and Zimbabwe (+2.2%) displayed positive paces of growth. Moreover, Democratic Republic of the Congo emerged as the fastest-growing importer imported in SADC, with a CAGR of +22.2% from 2012-2021. By contrast, Angola (-12.8%) illustrated a downward trend over the same period. Tanzania (+8.8 p.p.), Mauritius (+2.7 p.p.) and Democratic Republic of the Congo (+2.5 p.p.) significantly strengthened its position in terms of the total imports, while South Africa and Angola saw its share reduced by -1.8% and -10.1% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported floor coverings and mats of vulcanised rubber in SADC, comprising 59% of total imports. The second position in the ranking was held by Mauritius ($X), with a 10% share of total imports. It was followed by Angola, with a 4.8% share.

From 2012 to 2021, the average annual growth rate of value in South Africa amounted to +1.9%. In the other countries, the average annual rates were as follows: Mauritius (+5.8% per year) and Angola (-10.6% per year).

Import Prices by Country

The import price in SADC stood at $X per ton in 2021, surging by 9.1% against the previous year. Overall, the import price, however, showed a pronounced contraction. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of destination: 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 2021, the most notable rate of growth in terms of prices was attained by Mozambique (+6.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform