SADC: Cellulose Fibrecement Sheet Market 2024

Cellulose Fibrecement Sheet Market Size in SADC

The SADC cellulose fibrecement sheet market reduced slightly to $X in 2022, stabilizing at the previous year. Overall, consumption, however, recorded a perceptible descent. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Cellulose Fibrecement Sheet Production in SADC

In value terms, cellulose fibrecement sheet production fell slightly to $X in 2022 estimated in export price. Overall, production, however, recorded a abrupt downturn. The most prominent rate of growth was recorded in 2019 when the production volume increased by 8.1% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Cellulose Fibrecement Sheet Exports

Exports in SADC

In 2022, cellulose fibrecement sheet exports in SADC expanded significantly to X tons, picking up by 6.6% against the previous year. Over the period under review, exports continue to indicate a buoyant increase. The pace of growth was the most pronounced in 2016 with an increase of 33%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, cellulose fibrecement sheet exports expanded modestly to $X in 2022. In general, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 51% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

Exports by Country

South Africa prevails in exports structure, accounting for X tons, which was near 87% of total exports in 2022. It was distantly followed by Tanzania (X tons), mixing up an 8.1% share of total exports. Zimbabwe (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to cellulose fibrecement sheet exports from South Africa stood at +5.5%. At the same time, Tanzania (+71.7%) displayed positive paces of growth. Moreover, Tanzania emerged as the fastest-growing exporter exported in SADC, with a CAGR of +71.7% from 2012-2022. By contrast, Zimbabwe (-5.6%) illustrated a downward trend over the same period. Tanzania (+8.1 p.p.) and South Africa (+1.7 p.p.) significantly strengthened its position in terms of the total exports, while Zimbabwe saw its share reduced by -8.7% from 2012 to 2022, respectively.

In value terms, South Africa ($X) remains the largest cellulose fibrecement sheet supplier in SADC, comprising 87% of total exports. The second position in the ranking was taken by Tanzania ($X), with a 9% share of total exports.

From 2012 to 2022, the average annual growth rate of value in South Africa was relatively modest. In the other countries, the average annual rates were as follows: Tanzania (+59.1% per year) and Zimbabwe (-11.7% per year).

Export Prices by Country

The export price in SADC stood at $X per ton in 2022, falling by -3.6% against the previous year. In general, the export price recorded a perceptible slump. The pace of growth was the most pronounced in 2021 when the export price increased by 20%. The level of export peaked at $X per ton in 2012; however, from 2013 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 Tanzania ($X per ton), while Zimbabwe ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (-4.5%), while the other leaders experienced a decline in the export price figures.

Cellulose Fibrecement Sheet Imports

Imports in SADC

In 2022, imports of sheets, panels and tiles of cellulose fibrecement in SADC contracted to X tons, waning by -8.1% compared with 2021. Overall, imports, however, posted a moderate increase. The most prominent rate of growth was recorded in 2019 with an increase of 61%. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, cellulose fibrecement sheet imports shrank to $X in 2022. In general, imports, however, saw moderate growth. The pace of growth was the most pronounced in 2019 when imports increased by 99%. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, South Africa (X tons), distantly followed by Malawi (X tons), Tanzania (X tons), Seychelles (X tons), Namibia (X tons), Zambia (X tons) and Mozambique (X tons) were the largest importers of sheets, panels and tiles of cellulose fibrecement, together generating 85% of total imports.

From 2012 to 2022, the biggest increases were recorded for Seychelles (with a CAGR of +51.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Malawi ($X), South Africa ($X) and Namibia ($X) constituted the countries with the highest levels of imports in 2022, together accounting for 53% of total imports. Tanzania, Seychelles, Mozambique and Zambia lagged somewhat behind, together accounting for a further 25%.

In terms of the main importing countries, Seychelles, with a CAGR of +49.4%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in SADC amounted to $X per ton, waning by -4% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the import price increased by 24% against the previous year. As a result, import price attained the peak level of $X per ton. From 2020 to 2022, the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Namibia ($X per ton), while Tanzania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (-0.1%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform