SADC: Market for Plastic Hoses and Hose Fittings 2024

Market Size for Plastic Hoses and Hose Fittings in SADC

The SADC market for plastic hoses and hose fittings was finally on the rise to reach $X in 2021, after two years of decline. In general, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Plastic Hoses and Hose Fittings in SADC

In value terms, plastic hose and hose fitting production totaled $X in 2021 estimated in export price. Overall, production, however, continues to indicate a slight descent. The growth pace was the most rapid in 2017 when the production volume increased by 14%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Plastic Hoses and Hose Fittings

Exports in SADC

Plastic hose and hose fitting exports reduced slightly to X tons in 2021, remaining stable against 2020. Overall, exports saw a perceptible curtailment. The growth pace was the most rapid in 2014 with an increase of 13%. Over the period under review, the exports attained the maximum at X tons in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, plastic hose and hose fitting exports soared to $X in 2021. Over the period under review, exports showed a slight decline. The most prominent rate of growth was recorded in 2014 with an increase of 21%. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

South Africa dominates exports structure, amounting to X tons, which was approx. 92% of total exports in 2021. The following exporters - Botswana (X tons) and Tanzania (X tons) - each finished at a 5.8% share of total exports.

South Africa was also the fastest-growing in terms of the plastic hoses and hose fittings exports, with a CAGR of -2.2% from 2012 to 2021. Tanzania (-4.6%) and Botswana (-10.9%) illustrated a downward trend over the same period. South Africa (+4.3 p.p.) significantly strengthened its position in terms of the total exports, while Botswana saw its share reduced by -3.8% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest plastic hose and hose fitting supplier in SADC, comprising 94% of total exports. The second position in the ranking was taken by Tanzania ($X), with a 1.6% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in South Africa totaled -1.4%. The remaining exporting countries recorded the following average annual rates of exports growth: Tanzania (-5.4% per year) and Botswana (-18.5% per year).

Export Prices by Country

In 2021, the export price in SADC amounted to $X per ton, increasing by 17% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the export price increased by 21% against the previous year. Over the period under review, the export prices attained the peak figure in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was South Africa ($X per ton), while Botswana ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Africa (+0.9%), while the other leaders experienced a decline in the export price figures.

Imports of Plastic Hoses and Hose Fittings

Imports in SADC

After two years of decline, overseas purchases of plastic hoses and hose fittings increased by 26% to X tons in 2021. Over the period under review, imports saw slight growth. The most prominent rate of growth was recorded in 2018 with an increase of 26%. Over the period under review, imports attained the peak figure at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, plastic hose and hose fitting imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +1.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, South Africa (X tons) was the key importer of plastic hoses and hose fittings, comprising 27% of total imports. Angola (X tons) took a 12% share (based on physical terms) of total imports, which put it in second place, followed by Democratic Republic of the Congo (9.5%), Mozambique (9.1%), Tanzania (8.7%), Zambia (7.6%), Botswana (5.4%) and Namibia (5.3%).

From 2012 to 2021, average annual rates of growth with regard to plastic hose and hose fitting imports into South Africa stood at +1.8%. At the same time, Tanzania (+10.2%) and Mozambique (+5.7%) displayed positive paces of growth. Moreover, Tanzania emerged as the fastest-growing importer imported in SADC, with a CAGR of +10.2% from 2012-2021. Botswana and Namibia experienced a relatively flat trend pattern. By contrast, Democratic Republic of the Congo (-2.4%), Zambia (-2.6%) and Angola (-4.4%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Tanzania, Mozambique and South Africa increased by +4.7, +3.1 and +1.9 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported plastic hoses and hose fittings in SADC, comprising 34% of total imports. The second position in the ranking was held by Angola ($X), with a 13% share of total imports. It was followed by Mozambique, with an 8.6% share.

In South Africa, plastic hose and hose fitting imports expanded at an average annual rate of +1.0% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Angola (-5.0% per year) and Mozambique (+4.2% per year).

Import Prices by Country

The import price in SADC stood at $X per ton in 2021, surging by 8.3% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the import price increased by 9%. Over the period under review, import prices attained the maximum in 2021 and is likely to see gradual growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was South Africa ($X per ton), while Zambia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Tanzania (+3.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform