SADC: Market for Tubes, Pipes And Hollow Profiles (Of Iron Or Steel) 2025

Market Size for Tubes, Pipes And Hollow Profiles (Of Iron Or Steel) in SADC

The SADC market for tubes, pipes and hollow profiles (of iron or steel) rose sharply to $X in 2021, picking up by 7.9% against the previous year. In general, consumption, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the market value increased by 9.1%. Over the period under review, the market reached the maximum level at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.

Production of Tubes, Pipes And Hollow Profiles (Of Iron Or Steel) in SADC

In value terms, production of tubes, pipes and hollow profiles (of iron or steel) rose slightly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 23% against the previous year. Over the period under review, production of attained the maximum level at $X in 2019; afterwards, it flattened through to 2021.

Exports of Tubes, Pipes And Hollow Profiles (Of Iron Or Steel)

Exports in SADC

In 2021, shipments abroad of tubes, pipes and hollow profiles (of iron or steel) was finally on the rise to reach X tons after two years of decline. Overall, exports, however, continue to indicate a perceptible decline. The growth pace was the most rapid in 2017 with an increase of 88% against the previous year. Over the period under review, the exports of attained the maximum at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, exports of tubes, pipes and hollow profiles (of iron or steel) skyrocketed to $X in 2021. In general, exports, however, recorded a perceptible downturn. The most prominent rate of growth was recorded in 2017 with an increase of 92% against the previous year. Over the period under review, the exports of attained the peak figure at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, South Africa (X tons) represented the largest exporter of tubes, pipes and hollow profiles (of iron or steel), generating 68% of total exports. Tanzania (X tons) held a 14% share (based on physical terms) of total exports, which put it in second place, followed by Mozambique (12%). The following exporters - Zambia (X tons) and Angola (X tons) - together made up 5.1% of total exports.

Exports from South Africa decreased at an average annual rate of -6.3% from 2012 to 2021. At the same time, Zambia (+19.7%), Tanzania (+19.1%), Angola (+15.4%) and Mozambique (+13.4%) displayed positive paces of growth. Moreover, Zambia emerged as the fastest-growing exporter exported in SADC, with a CAGR of +19.7% from 2012-2021. From 2012 to 2021, the share of Tanzania, Mozambique, Zambia and Angola increased by +12, +9.5, +2.7 and +1.5 percentage points, respectively.

In value terms, South Africa ($X) remains the largest iron or steel pipe and tube supplier in SADC, comprising 75% of total exports. The second position in the ranking was held by Tanzania ($X), with a 10% share of total exports. It was followed by Mozambique, with a 9.9% share.

In South Africa, exports of tubes, pipes and hollow profiles (of iron or steel) declined by an average annual rate of -5.8% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Tanzania (+12.6% per year) and Mozambique (+11.7% per year).

Export Prices by Country

In 2021, the export price in SADC amounted to $X per ton, rising by 37% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was South Africa ($X per ton), while Angola ($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 (+0.5%), while the other leaders experienced a decline in the export price figures.

Imports of Tubes, Pipes And Hollow Profiles (Of Iron Or Steel)

Imports in SADC

In 2021, purchases abroad of tubes, pipes and hollow profiles (of iron or steel) was finally on the rise to reach X tons after three years of decline. In general, imports, however, showed a pronounced shrinkage. The volume of import peaked at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of tubes, pipes and hollow profiles (of iron or steel) soared to $X in 2021. Overall, imports, however, recorded a abrupt slump. The level of import peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

South Africa was the major importing country with an import of around X tons, which amounted to 31% of total imports. Angola (X tons) held a 15% share (based on physical terms) of total imports, which put it in second place, followed by Democratic Republic of the Congo (10%), Zambia (6.7%), Zimbabwe (6.1%), Botswana (5.5%), Tanzania (5%) and Mauritius (5%).

South Africa experienced a relatively flat trend pattern with regard to volume of imports of tubes, pipes and hollow profiles (of iron or steel). At the same time, Zimbabwe (+8.2%), Mauritius (+6.8%), Botswana (+4.4%), Zambia (+3.2%), Democratic Republic of the Congo (+3.0%) and Tanzania (+2.5%) displayed positive paces of growth. Moreover, Zimbabwe emerged as the fastest-growing importer imported in SADC, with a CAGR of +8.2% from 2012-2021. By contrast, Angola (-13.7%) illustrated a downward trend over the same period. From 2012 to 2021, the share of South Africa, Democratic Republic of the Congo, Zimbabwe, Mauritius, Zambia, Botswana and Tanzania increased by +6.7, +3.8, +3.6, +2.7, +2.6, +2.4 and +1.7 percentage points, respectively.

In value terms, the largest iron or steel pipe and tube importing markets in SADC were South Africa ($X), Angola ($X) and Democratic Republic of the Congo ($X), together comprising 61% of total imports. Zimbabwe, Botswana, Mauritius, Tanzania and Zambia lagged somewhat behind, together accounting for a further 23%.

Among the main importing countries, Mauritius, with a CAGR of +11.7%, recorded the highest rates of growth with regard to 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

The import price in SADC stood at $X per ton in 2021, jumping by 30% against the previous year. In general, the import price, however, recorded a noticeable descent. The growth pace was the most rapid in 2018 an increase of 48% against the previous year. Over the period under review, import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Angola ($X per ton), while Zambia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mauritius (+4.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform