SADC: Metal Rivet Market 2025

Metal Rivet Market Size in SADC

The SADC metal rivet market contracted to $X in 2022, which is down by -8.8% against the previous year. Overall, consumption, however, showed resilient growth. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Metal Rivet Production in SADC

In value terms, metal rivet production reduced to $X in 2022 estimated in export price. Overall, production, however, saw a strong expansion. The growth pace was the most rapid in 2015 when the production volume increased by 135% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Metal Rivet Exports

Exports in SADC

In 2022, shipments abroad of iron or steel rivets decreased by -2.9% to X tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports continue to indicate a slight decrease. The growth pace was the most rapid in 2017 with an increase of 49%. As a result, the exports reached the peak of X tons. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, metal rivet exports contracted notably to $X in 2022. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 57% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2021, and then reduced dramatically in the following year.

Exports by Country

In 2022, South Africa (X tons) represented the largest exporter of iron or steel rivets, committing 83% of total exports. It was distantly followed by Mauritius (X tons), creating a 14% share of total exports.

Exports from South Africa decreased at an average annual rate of -2.9% from 2012 to 2022. At the same time, Mauritius (+81.5%) displayed positive paces of growth. Moreover, Mauritius emerged as the fastest-growing exporter exported in SADC, with a CAGR of +81.5% from 2012-2022. From 2012 to 2022, the share of Mauritius increased by +14 percentage points.

In value terms, South Africa ($X) remains the largest metal rivet supplier in SADC, comprising 74% of total exports. The second position in the ranking was held by Mauritius ($X), with a 24% share of total exports.

In South Africa, metal rivet exports shrank by an average annual rate of -3.4% over the period from 2012-2022.

Export Prices by Country

The export price in SADC stood at $X per ton in 2022, which is down by -26% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the export price increased by 33%. As a result, the export price attained the peak level of $X per ton. From 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Mauritius ($X per ton), while South Africa totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mauritius (+1.6%).

Metal Rivet Imports

Imports in SADC

In 2022, after three years of growth, there was significant decline in supplies from abroad of iron or steel rivets, when their volume decreased by -20.8% to X tons. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 18%. As a result, imports reached the peak of X tons, and then shrank notably in the following year.

In value terms, metal rivet imports fell significantly to $X in 2022. In general, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 45%. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, South Africa (X tons) was the largest importer of iron or steel rivets, comprising 44% of total imports. Tanzania (X tons) held a 9.1% share (based on physical terms) of total imports, which put it in second place, followed by Zimbabwe (8.3%), Mozambique (8%), Angola (5.6%) and Mauritius (5.3%). Namibia (X tons) followed a long way behind the leaders.

South Africa experienced a relatively flat trend pattern with regard to volume of imports of iron or steel rivets. At the same time, Mozambique (+11.9%), Mauritius (+8.2%), Tanzania (+7.9%) and Zimbabwe (+6.6%) displayed positive paces of growth. Moreover, Mozambique emerged as the fastest-growing importer imported in SADC, with a CAGR of +11.9% from 2012-2022. Namibia experienced a relatively flat trend pattern. By contrast, Angola (-11.5%) illustrated a downward trend over the same period. Mozambique (+5.3 p.p.), Tanzania (+4.6 p.p.), Zimbabwe (+3.6 p.p.) and Mauritius (+2.7 p.p.) significantly strengthened its position in terms of the total imports, while South Africa and Angola saw its share reduced by -7% and -14.7% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported iron or steel rivets in SADC, comprising 45% of total imports. The second position in the ranking was taken by Mauritius ($X), with a 16% share of total imports. It was followed by Angola, with an 11% share.

In South Africa, metal rivet imports declined by an average annual rate of -3.7% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Mauritius (+17.2% per year) and Angola (-3.1% per year).

Import Prices by Country

In 2022, the import price in SADC amounted to $X per ton, with an increase of 4.2% against the previous year. Over the period under review, the import price, however, recorded a slight downturn. The most prominent rate of growth was recorded in 2018 an increase of 25%. Over the period under review, import prices attained the maximum at $X per ton in 2013; however, from 2014 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 Mauritius ($X per ton), while Mozambique ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Angola (+9.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform