SADC: Plaster Market 2025

Plaster Market Size in SADC

The SADC plaster market rose modestly to $X in 2022, growing by 4.7% against the previous year. The total consumption indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +4.6% against 2019 indices. The level of consumption peaked in 2022 and is likely to see gradual growth in the immediate term.

Plaster Production in SADC

In value terms, plaster production shrank slightly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate slight growth. The most prominent rate of growth was recorded in 2018 when the production volume increased by 78%. Over the period under review, production attained the peak level at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Plaster Exports

Exports in SADC

For the fifth year in a row, SADC recorded growth in overseas shipments of plaster, which increased by 13% to X tons in 2022. Over the period under review, exports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2016 with an increase of 24%. The volume of export peaked in 2022 and is likely to see gradual growth in years to come.

In value terms, plaster exports skyrocketed to $X in 2022. In general, exports showed a buoyant expansion. The growth pace was the most rapid in 2016 with an increase of 36% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.

Exports by Country

The biggest shipments were from South Africa (X tons), Zimbabwe (X tons) and Angola (X tons), together accounting for 95% of total export. It was distantly followed by Tanzania (X tons), mixing up a 4.8% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Angola (with a CAGR of +69.1%), while the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X), Zimbabwe ($X) and Angola ($X) appeared to be the countries with the highest levels of exports in 2022, together accounting for 94% of total exports.

Among the main exporting countries, Angola, with a CAGR of +43.3%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in SADC amounted to $X per ton, rising by 4.4% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the export price increased by 9.6%. Over the period under review, the export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Zimbabwe (+3.8%), while the other leaders experienced more modest paces of growth.

Plaster Imports

Imports in SADC

In 2022, after two years of growth, there was significant decline in supplies from abroad of plaster, when their volume decreased by -12.7% to X tons. Overall, imports, however, showed a strong increase. The most prominent rate of growth was recorded in 2016 when imports increased by 81%. As a result, imports attained the peak of X tons. From 2017 to 2022, the growth of imports remained at a lower figure.

In value terms, plaster imports expanded rapidly to $X in 2022. Total imports indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +6.7% 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 +87.5% against 2017 indices. The pace of growth was the most pronounced in 2014 when imports increased by 39%. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in years to come.

Imports by Country

Mozambique (X tons) and Tanzania (X tons) dominates imports structure, together committing 86% of total imports. The following importers - Zambia (X tons), South Africa (X tons), Democratic Republic of the Congo (X tons), Angola (X tons) and Mauritius (X tons) - together made up 12% 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 +26.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Tanzania ($X) constitutes the largest market for imported plaster in SADC, comprising 50% of total imports. The second position in the ranking was taken by Mozambique ($X), with a 23% share of total imports. It was followed by Zambia, with an 8.6% share.

From 2012 to 2022, the average annual growth rate of value in Tanzania amounted to +21.1%. The remaining importing countries recorded the following average annual rates of imports growth: Mozambique (+6.8% per year) and Zambia (+6.2% per year).

Import Prices by Country

The import price in SADC stood at $X per ton in 2022, picking up by 30% against the previous year. Overall, the import price, however, continues to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2018 an increase of 57%. Over the period under review, import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, 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 Zambia ($X per ton), while Mozambique ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tanzania (+5.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform