SADC: Drawing Board Market 2024

Drawing Board Market Size in SADC

The SADC drawing board market expanded to $X in 2022, surging by 3.7% against the previous year. The total consumption indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +4.1% against 2020 indices. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Drawing Board Production in SADC

In value terms, drawing board production declined to $X in 2022 estimated in export price. The total production indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +12.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +3.0% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of 138% against the previous year. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Drawing Board Exports

Exports in SADC

In 2022, shipments abroad of slates and boards with writing or drawing surfaces increased by 11% to X units, rising for the second year in a row after two years of decline. Overall, exports, however, saw a abrupt downturn. The pace of growth appeared the most rapid in 2014 with an increase of 39%. As a result, the exports reached the peak of X units. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, drawing board exports surged to $X in 2022. Over the period under review, exports, however, continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2014 when exports increased by 28% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

South Africa dominates exports structure, finishing at X units, which was near 96% of total exports in 2022. Angola (X units) took a relatively small share of total exports.

From 2012 to 2022, average annual rates of growth with regard to drawing board exports from South Africa stood at -5.4%. At the same time, Angola (+51.8%) displayed positive paces of growth. Moreover, Angola emerged as the fastest-growing exporter exported in SADC, with a CAGR of +51.8% from 2012-2022. From 2012 to 2022, the share of South Africa and Angola increased by +3.3 and +2.1 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest drawing board supplier in SADC, comprising 97% of total exports. The second position in the ranking was taken by Angola ($X), with a 0.6% share of total exports.

In South Africa, drawing board exports decreased by an average annual rate of -5.2% over the period from 2012-2022.

Export Prices by Country

The export price in SADC stood at $X per unit in 2022, rising by 9.2% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the export price increased by 20% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was South Africa ($X per unit), while Angola totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+0.2%).

Drawing Board Imports

Imports in SADC

In 2022, after four years of decline, there was growth in overseas purchases of slates and boards with writing or drawing surfaces, when their volume increased by 4.9% to X units. Over the period under review, imports, however, showed a slight decline. The pace of growth was the most pronounced in 2013 with an increase of 20%. As a result, imports reached the peak of X units. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, drawing board imports reached $X in 2022. In general, imports, however, continue to indicate a perceptible slump. The growth pace was the most rapid in 2013 with an increase of 20%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

South Africa represented the largest importing country with an import of around X units, which recorded 46% of total imports. It was distantly followed by Mozambique (X units), Tanzania (X units) and Angola (X units), together making up a 31% share of total imports. Madagascar (X units), Mauritius (X units), Namibia (X units), Zimbabwe (X units), Botswana (X units), Democratic Republic of the Congo (X units) and Zambia (X units) took a relatively small share of total imports.

South Africa experienced a relatively flat trend pattern with regard to volume of imports of slates and boards with writing or drawing surfaces. At the same time, Mozambique (+16.2%) and Mauritius (+1.4%) displayed positive paces of growth. Moreover, Mozambique emerged as the fastest-growing importer imported in SADC, with a CAGR of +16.2% from 2012-2022. Zambia, Democratic Republic of the Congo, Zimbabwe and Tanzania experienced a relatively flat trend pattern. By contrast, Madagascar (-3.3%), Angola (-6.6%), Namibia (-8.0%) and Botswana (-9.0%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Mozambique and South Africa increased by +8.9 and +2.2 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported slates and boards with writing or drawing surfaces in SADC, comprising 41% of total imports. The second position in the ranking was taken by Angola ($X), with a 13% share of total imports. It was followed by Mozambique, with an 11% share.

In South Africa, drawing board imports remained relatively stable over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Angola (-9.3% per year) and Mozambique (+11.6% per year).

Import Prices by Country

In 2022, the import price in SADC amounted to $X per unit, waning by -4.1% against the previous year. Overall, the import price saw a slight curtailment. The most prominent rate of growth was recorded in 2021 when the import price increased by 17% against the previous year. Over the period under review, import prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices stood 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 Mauritius ($X per unit), while Tanzania ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Democratic Republic of the Congo (+6.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform