SADC: Bitumen Mixer Market 2024

Bitumen Mixer Market Size in SADC

The SADC bitumen mixer market skyrocketed to $X in 2021, picking up by 78% against the previous year. The total consumption indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +6.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +106.6% against 2016 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Bitumen Mixer Production in SADC

In value terms, bitumen mixer production shrank to $X in 2021 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the production volume increased by 20%. As a result, production attained the peak level of $X. From 2017 to 2021, production growth failed to regain momentum.

Bitumen Mixer Exports

Exports in SADC

In 2021, after two years of growth, there was significant decline in shipments abroad of machines for mixing mineral substances with bitumen, when their volume decreased by -42.4% to X units. In general, exports, however, posted a moderate increase. The most prominent rate of growth was recorded in 2015 with an increase of 373% against the previous year. Over the period under review, the exports attained the maximum at X units in 2020, and then shrank markedly in the following year.

In value terms, bitumen mixer exports dropped markedly to $X in 2021. Overall, exports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2019 when exports increased by 111% against the previous year. Over the period under review, the exports attained the maximum at $X in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

Exports by Country

South Africa represented the largest exporting country with an export of about X units, which reached 82% of total exports. It was distantly followed by Zambia (X units), mixing up a 14% share of total exports. Tanzania (X units) held a relatively small share of total exports.

South Africa was also the fastest-growing in terms of the machines for mixing mineral substances with bitumen exports, with a CAGR of +37.7% from 2012 to 2021. At the same time, Tanzania (+14.7%) displayed positive paces of growth. Zambia experienced a relatively flat trend pattern. South Africa (+75 p.p.), Zambia (+14 p.p.) and Tanzania (+3.4 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, Zambia ($X) emerged as the largest bitumen mixer supplier in SADC, comprising 63% of total exports. The second position in the ranking was held by Tanzania ($X), with a 17% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Zambia amounted to +59.5%. The remaining exporting countries recorded the following average annual rates of exports growth: Tanzania (+25.8% per year) and South Africa (-22.6% per year).

Export Prices by Country

The export price in SADC stood at $X per unit in 2021, declining by -42.2% against the previous year. Overall, the export price showed a deep contraction. The pace of growth was the most pronounced in 2014 an increase of 445% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2015 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 Tanzania ($X per unit), while South Africa ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Tanzania (-11.2%).

Bitumen Mixer Imports

Imports in SADC

In 2021, approx. X units of machines for mixing mineral substances with bitumen were imported in SADC; jumping by 1,267% compared with the previous year. Over the period under review, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, bitumen mixer imports soared to $X in 2021. Overall, imports, however, continue to indicate a abrupt contraction. The growth pace was the most rapid in 2017 with an increase of 55%. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Zimbabwe (X units) represented the largest importer of machines for mixing mineral substances with bitumen in SADC, committing 100% of total import.

Zimbabwe was also the fastest-growing in terms of the machines for mixing mineral substances with bitumen imports, with a CAGR of +112.6% from 2012 to 2021. While the share of Zimbabwe (+68 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Zimbabwe ($X) constitutes the largest market for imported machines for mixing mineral substances with bitumen in SADC.

In Zimbabwe, bitumen mixer imports expanded at an average annual rate of +45.8% over the period from 2012-2021.

Import Prices by Country

In 2021, the import price in SADC amounted to $X per unit, waning by -89.2% against the previous year. Overall, the import price continues to indicate a dramatic shrinkage. The pace of growth was the most pronounced in 2020 when the import price increased by 99%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Zimbabwe.

From 2012 to 2021, the rate of growth in terms of prices for Zimbabwe amounted to -31.4% per year.

Source: IndexBox Platform