SADC: Metal Domestic Furniture Market 2024

Metal Domestic Furniture Market Size in SADC

The SADC metal domestic furniture market dropped to $X in 2022, which is down by X% against the previous year. The total consumption indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. The level of consumption peaked at $X in 2021, and then shrank slightly in the following year.

Metal Domestic Furniture Production in SADC

In value terms, metal domestic furniture production stood at $X in 2022 estimated in export price. Overall, production, however, showed resilient growth. The growth pace was the most rapid in 2018 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2020; afterwards, it flattened through to 2022.

Metal Domestic Furniture Exports

Exports in SADC

In 2022, overseas shipments of metal furniture were finally on the rise to reach X tons for the first time since 2017, thus ending a four-year declining trend. Over the period under review, exports, however, saw a deep slump. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, metal domestic furniture exports expanded slightly to $X in 2022. In general, exports, however, recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

South Africa dominates exports structure, reaching X tons, which was approx. X% of total exports in 2022. It was distantly followed by Mauritius (X tons), achieving a X% share of total exports.

Exports from South Africa decreased at an average annual rate of X% from 2012 to 2022. At the same time, Mauritius (X%) displayed positive paces of growth. Moreover, Mauritius emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Mauritius increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2022, the average annual growth rate of value in South Africa totaled X%.

Export Prices by Country

The export price in SADC stood at $X per ton in 2022, falling by X% against the previous year. In general, the export price, however, continues to indicate strong growth. The pace of growth was the most pronounced in 2016 an increase of X%. The level of export peaked at $X per ton in 2021, and then shrank in the following year.

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 Mauritius stood at $X per ton.

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

Metal Domestic Furniture Imports

Imports in SADC

Metal domestic furniture imports declined modestly to X tons in 2022, falling by X% on the previous year. In general, imports showed a abrupt downturn. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, imports attained the maximum at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, metal domestic furniture imports shrank modestly to $X in 2022. Over the period under review, imports saw a pronounced descent. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, South Africa (X tons) represented the key importer of metal furniture, creating X% of total imports. Angola (X tons) ranks second in terms of the total imports with a X% share, followed by Democratic Republic of the Congo (X%), Mauritius (X%), Botswana (X%), Tanzania (X%) and Zambia (X%).

From 2012 to 2022, the biggest increases were recorded for Democratic Republic of the Congo (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

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

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa stood at X%. In the other countries, the average annual rates were as follows: Angola (X% per year) and Mauritius (X% per year).

Import Prices by Country

The import price in SADC stood at $X per ton in 2022, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2015 when the import price increased by X%. The level of import peaked at $X per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Mauritius ($X per ton), while Botswana ($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 (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform