SADC: Market for Railway Or Tramway Track Construction Material Of Iron Or Steel 2025

Market Size for Railway Or Tramway Track Construction Material Of Iron Or Steel in SADC

The SADC market for railway or tramway track construction material of iron or steel skyrocketed to $X in 2021, increasing by 107% against the previous year. Overall, consumption posted prominent growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Railway Or Tramway Track Construction Material Of Iron Or Steel in SADC

In value terms, production of railway or tramway track construction material of iron or steel declined slightly to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a resilient expansion. The pace of growth was the most pronounced in 2016 with an increase of 78% against the previous year. Over the period under review, production of hit record highs at $X in 2020, and then contracted slightly in the following year.

Exports of Railway Or Tramway Track Construction Material Of Iron Or Steel

Exports in SADC

In 2021, exports of railway or tramway track construction material of iron or steel in SADC surged to X tons, with an increase of 87% compared with the previous year. Overall, exports, however, showed a abrupt decrease. The volume of export peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of railway or tramway track construction material of iron or steel skyrocketed to $X in 2021. Over the period under review, exports, however, continue to indicate a abrupt descent. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

South Africa prevails in steel structure, amounting to X tons, which was approx. 95% of total exports in 2021. Mozambique (X tons) took a little share of total exports.

Exports from South Africa decreased at an average annual rate of -9.7% from 2012 to 2021. At the same time, Mozambique (+21.1%) displayed positive paces of growth. Moreover, Mozambique emerged as the fastest-growing exporter exported in SADC, with a CAGR of +21.1% from 2012-2021. From 2012 to 2021, the share of Mozambique increased by +2.3 percentage points.

In value terms, South Africa ($X) remains the largest iron and steel railway construction materials supplier in SADC, comprising 94% of total exports. The second position in the ranking was taken by Mozambique ($X), with a 4.2% share of total exports.

From 2012 to 2021, the average annual growth rate of value in South Africa amounted to -5.9%.

Export Prices by Country

The export price in SADC stood at $X per ton in 2021, shrinking by -14.4% against the previous year. Over the period under review, the export price, however, saw notable growth. The pace of growth appeared the most rapid in 2017 when the export price increased by 76% against the previous year. Over the period under review, the export prices attained the maximum at $X per ton in 2020, and then shrank in the following year.

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 Mozambique ($X per ton), while South Africa totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mozambique (+9.0%).

Imports of Railway Or Tramway Track Construction Material Of Iron Or Steel

Imports in SADC

In 2021, the amount of railway or tramway track construction material of iron or steel imported in SADC skyrocketed to X tons, increasing by 360% against the previous year's figure. Over the period under review, imports saw strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of railway or tramway track construction material of iron or steel soared to $X in 2021. Overall, imports, however, saw a abrupt descent. The level of import peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

Mauritius represented the main importing country with an import of around X tons, which resulted at 64% of total imports. South Africa (X tons) held the second position in the ranking, followed by Mozambique (X tons). All these countries together held approx. 30% share of total imports. Angola (X tons) followed a long way behind the leaders.

Mauritius was also the fastest-growing in terms of the railway or tramway track construction material of iron or steel imports, with a CAGR of +128.0% from 2012 to 2021. At the same time, Mozambique (+24.5%) displayed positive paces of growth. By contrast, South Africa (-8.8%) and Angola (-13.4%) illustrated a downward trend over the same period. Mauritius (+64 p.p.) and Mozambique (+9.2 p.p.) significantly strengthened its position in terms of the total imports, while Angola and South Africa saw its share reduced by -12.8% and -49.3% from 2012 to 2021, respectively.

In value terms, the largest iron and steel railway construction materials importing markets in SADC were South Africa ($X), Mozambique ($X) and Angola ($X), with a combined 78% share of total imports. Mauritius lagged somewhat behind, comprising a further 3.6%.

In terms of the main importing countries, Mauritius, with a CAGR of +40.2%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2021, the import price in SADC amounted to $X per ton, declining by -63.7% against the previous year. Overall, the import price faced a deep reduction. The growth pace was the most rapid in 2018 an increase of 58% against the previous year. The level of import peaked at $X per ton in 2014; however, from 2015 to 2021, 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 Mozambique ($X per ton), while Mauritius ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Angola (-2.8%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform