SADC: Market for Iron Or Steel Bridges And Bridge-Sections 2025

Market Size for Iron Or Steel Bridges And Bridge-Sections in SADC

The SADC iron or steel bridges market expanded markedly to $X in 2022, with an increase of 5.8% against the previous year. The market value increased at an average annual rate of +2.3% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Iron Or Steel Bridges And Bridge-Sections in SADC

In value terms, iron or steel bridges production rose markedly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when the production volume increased by 23% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Exports of Iron Or Steel Bridges And Bridge-Sections

Exports in SADC

In 2022, the amount of iron or steel bridges and bridge-sections exported in SADC rose markedly to X tons, growing by 11% on the previous year. Overall, exports enjoyed a resilient increase. The pace of growth was the most pronounced in 2021 with an increase of 153% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, iron or steel bridges exports expanded slightly to $X in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 147% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

South Africa dominates exports structure, recording X tons, which was near 89% of total exports in 2022. It was distantly followed by Zambia (X tons), making up an 8.8% share of total exports.

Exports from South Africa increased at an average annual rate of +6.0% from 2012 to 2022. At the same time, Zambia (+60.8%) displayed positive paces of growth. Moreover, Zambia emerged as the fastest-growing exporter exported in SADC, with a CAGR of +60.8% from 2012-2022. Zambia (+8.7 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest iron or steel bridges supplier in SADC, comprising 88% of total exports. The second position in the ranking was taken by Zambia ($X), with an 8.5% share of total exports.

From 2012 to 2022, the average annual growth rate of value in South Africa was relatively modest.

Export Prices by Country

In 2022, the export price in SADC amounted to $X per ton, shrinking by -7.3% against the previous year. In general, the export price showed a abrupt decline. The most prominent rate of growth was recorded in 2016 an increase of 107% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2017 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was South Africa ($X per ton), while Zambia stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Zambia (-4.6%).

Imports of Iron Or Steel Bridges And Bridge-Sections

Imports in SADC

In 2022, imports of iron or steel bridges and bridge-sections in SADC shrank significantly to X tons, dropping by -15.7% against the previous year's figure. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when imports increased by 130%. The volume of import peaked at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, iron or steel bridges imports contracted to $X in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 293%. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Angola (X tons), distantly followed by Mozambique (X tons), Democratic Republic of the Congo (X tons), Comoros (X tons) and Tanzania (X tons) represented the key importers of iron or steel bridges and bridge-sections, together mixing up 90% of total imports. Zambia (X tons) and Zimbabwe (X tons) held a minor share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Mozambique (with a CAGR of +28.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Angola ($X) constitutes the largest market for imported iron or steel bridges and bridge-sections in SADC, comprising 56% of total imports. The second position in the ranking was taken by Mozambique ($X), with a 21% share of total imports. It was followed by Democratic Republic of the Congo, with a 7.9% share.

From 2012 to 2022, the average annual growth rate of value in Angola totaled +1.7%. The remaining importing countries recorded the following average annual rates of imports growth: Mozambique (+31.5% per year) and Democratic Republic of the Congo (-1.3% per year).

Import Prices by Country

The import price in SADC stood at $X per ton in 2022, with an increase of 8.9% against the previous year. In general, the import price continues to indicate a slight expansion. The growth pace was the most rapid in 2019 an increase of 71% against the previous year. The level of import peaked in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Angola ($X per ton), while Comoros ($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 (+15.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform