SADC: Market for Glass in The Mass 2024

Market Size for Glass in The Mass in SADC

The SADC glass in the mass market reduced to $X in 2022, falling by -13.3% against the previous year. In general, consumption, however, showed a pronounced descent. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Production of Glass in The Mass in SADC

In value terms, glass in the mass production fell to $X in 2022 estimated in export price. Over the period under review, production, however, showed a perceptible contraction. The pace of growth was the most pronounced in 2021 with an increase of 10% against the previous year. Over the period under review, glass in mass production attained the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Glass in The Mass

Exports in SADC

In 2022, the amount of glass in the mass exported in SADC stood at X tons, remaining relatively unchanged against the year before. Over the period under review, exports, however, continue to indicate a noticeable reduction. The pace of growth was the most pronounced in 2021 with an increase of 40%. Over the period under review, the glass in mass exports attained the peak figure at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, glass in the mass exports contracted to $X in 2022. Overall, exports, however, continue to indicate a deep slump. The pace of growth was the most pronounced in 2021 when exports increased by 56%. Over the period under review, the glass in mass exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Zimbabwe (X tons) and Namibia (X tons) represented roughly 67% of total exports in 2022. It was distantly followed by Zambia (X tons) and Mozambique (X tons), together generating a 24% share of total exports. Botswana (X tons) and Lesotho (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Zambia (with a CAGR of +14.1%), while the other leaders experienced more modest paces of growth.

In value terms, Namibia ($X), Zimbabwe ($X) and Mozambique ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined 72% share of total exports.

Mozambique, with a CAGR of +10.7%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in SADC stood at $X per ton in 2022, which is down by -14% against the previous year. In general, the export price saw a abrupt contraction. The pace of growth appeared the most rapid in 2021 an increase of 11%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Mozambique ($X per ton), while Zimbabwe ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mozambique (+6.8%), while the other leaders experienced mixed trends in the export price figures.

Imports of Glass in The Mass

Imports in SADC

In 2022, supplies from abroad of glass in the mass increased by 1.1% to X tons, rising for the second year in a row after two years of decline. Total imports indicated a moderate expansion from 2012 to 2022: its volume increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +77.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 76%. The volume of import peaked at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, glass in the mass imports contracted to $X in 2022. In general, imports, however, recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 75%. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

South Africa was the key importer of glass in the mass in SADC, with the volume of imports recording X tons, which was near 78% of total imports in 2022. It was distantly followed by Tanzania (X tons), mixing up a 22% share of total imports.

South Africa experienced a relatively flat trend pattern with regard to volume of imports of glass in the mass. At the same time, Tanzania (+30.4%) displayed positive paces of growth. Moreover, Tanzania emerged as the fastest-growing importer imported in SADC, with a CAGR of +30.4% from 2012-2022. While the share of Tanzania (+20 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of South Africa (-18.2 p.p.) displayed negative dynamics.

In value terms, South Africa ($X) constitutes the largest market for imported glass in the mass in SADC, comprising 56% of total imports. The second position in the ranking was taken by Tanzania ($X), with an 18% share of total imports.

From 2012 to 2022, the average annual growth rate of value in South Africa amounted to -6.2%.

Import Prices by Country

In 2022, the import price in SADC amounted to $X per ton, dropping by -13% against the previous year. In general, the import price saw a deep reduction. The pace of growth appeared the most rapid in 2018 an increase of 19% against the previous year. Over the period under review, import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Tanzania ($X per ton), while South Africa amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (-6.7%).

Source: IndexBox Platform