SADC: Asphalted Paper Market 2025

Asphalted Paper Market Size in SADC

In 2022, the SADC asphalted paper market increased by 11% to $X, rising for the second consecutive year after two years of decline. Overall, consumption, however, saw a deep contraction. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Asphalted Paper Production in SADC

In value terms, asphalted paper production reduced modestly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a deep setback. The growth pace was the most rapid in 2015 with an increase of 287%. Over the period under review, production reached the peak level at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

Asphalted Paper Exports

Exports in SADC

In 2022, asphalted paper exports in SADC expanded markedly to X tons, increasing by 9.2% compared with the previous year's figure. In general, exports, however, continue to indicate a deep setback. The pace of growth was the most pronounced in 2015 when exports increased by 63% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, asphalted paper exports expanded notably to $X in 2022. Over the period under review, exports, however, showed a abrupt descent. The most prominent rate of growth was recorded in 2021 when exports increased by 87%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The shipments of the one major exporters of tarred, bituminised or asphalted paper and paperboard, namely South Africa, represented more than two-thirds of total export.

South Africa was also the fastest-growing in terms of the tarred, bituminised or asphalted paper and paperboard exports, with a CAGR of -11.1% from 2012 to 2022. South Africa (+12 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) also remains the largest asphalted paper supplier in SADC.

In South Africa, asphalted paper exports plunged by an average annual rate of -13.0% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in SADC amounted to $X per ton, declining by -2.7% against the previous year. Over the period under review, the export price saw a slight decrease. The most prominent rate of growth was recorded in 2021 an increase of 35% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for South Africa.

From 2012 to 2022, the rate of growth in terms of prices for South Africa amounted to -2.2% per year.

Asphalted Paper Imports

Imports in SADC

In 2022, overseas purchases of tarred, bituminised or asphalted paper and paperboard increased by 2.6% to X tons, rising for the second consecutive year after two years of decline. In general, imports, however, showed a abrupt decrease. The growth pace was the most rapid in 2018 when imports increased by 140% against the previous year. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, asphalted paper imports expanded markedly to $X in 2022. Over the period under review, imports, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2018 with an increase of 146%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

South Africa was the key importer of tarred, bituminised or asphalted paper and paperboard in SADC, with the volume of imports recording X tons, which was near 72% of total imports in 2022. Zambia (X tons) took the second position in the ranking, followed by Namibia (X tons). All these countries together held near 15% share of total imports. The following importers - Mozambique (X tons), Angola (X tons), Malawi (X tons) and Madagascar (X tons) - each reached an 8.2% share of total imports.

Imports into South Africa decreased at an average annual rate of -5.2% from 2012 to 2022. At the same time, Malawi (+5.4%) and Zambia (+1.2%) displayed positive paces of growth. Moreover, Malawi emerged as the fastest-growing importer imported in SADC, with a CAGR of +5.4% from 2012-2022. By contrast, Angola (-2.2%), Mozambique (-3.0%), Namibia (-5.0%) and Madagascar (-17.5%) illustrated a downward trend over the same period. South Africa (+12 p.p.) and Zambia (+5.8 p.p.) significantly strengthened its position in terms of the total imports, while Madagascar saw its share reduced by -3.8% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported tarred, bituminised or asphalted paper and paperboard in SADC, comprising 53% of total imports. The second position in the ranking was taken by Namibia ($X), with a 13% share of total imports. It was followed by Zambia, with a 12% share.

From 2012 to 2022, the average annual growth rate of value in South Africa stood at -3.7%. The remaining importing countries recorded the following average annual rates of imports growth: Namibia (+17.8% per year) and Zambia (-2.4% per year).

Import Prices by Country

In 2022, the import price in SADC amounted to $X per ton, growing by 6.1% against the previous year. Over the period under review, the import price, however, recorded a noticeable decrease. The pace of growth appeared the most rapid in 2020 when the import price increased by 19%. Over the period under review, import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a 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 Malawi ($X per ton), while South Africa ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Namibia (+24.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform