SADC: Market for Vulcanised Cellular Rubber Articles For Technical Uses 2024

Market Size for Vulcanised Cellular Rubber Articles For Technical Uses in SADC

In 2021, after two years of growth, there was decline in the SADC vulcanised cellular rubber articles market, when its value decreased by -3.8% to $X. The market value increased at an average annual rate of +1.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the maximum level at $X in 2020, and then contracted slightly in the following year.

Production of Vulcanised Cellular Rubber Articles For Technical Uses in SADC

In value terms, vulcanised cellular rubber articles production contracted to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2016 with an increase of 52%. The level of production peaked at $X in 2020, and then dropped slightly in the following year.

Exports of Vulcanised Cellular Rubber Articles For Technical Uses

Exports in SADC

For the third year in a row, SADC recorded decline in overseas shipments of vulcanised cellular rubber articles for technical uses, which decreased by -2.7% to X tons in 2021. In general, exports saw a deep reduction. The pace of growth was the most pronounced in 2015 with an increase of 81% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, vulcanised cellular rubber articles exports soared to $X in 2021. Overall, exports showed a abrupt descent. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

South Africa prevails in exports structure, accounting for X tons, which was near 87% of total exports in 2021. It was distantly followed by Mauritius (X tons), making up a 9.3% share of total exports. Namibia (X tons) took a relatively small share of total exports.

Exports from South Africa decreased at an average annual rate of -6.8% from 2012 to 2021. At the same time, Mauritius (+155.7%) displayed positive paces of growth. Moreover, Mauritius emerged as the fastest-growing exporter exported in SADC, with a CAGR of +155.7% from 2012-2021. By contrast, Namibia (-2.4%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Mauritius increased by +9.3 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest vulcanised cellular rubber articles supplier in SADC, comprising 82% of total exports. The second position in the ranking was held by Mauritius ($X), with a 17% share of total exports.

In South Africa, vulcanised cellular rubber articles exports contracted by an average annual rate of -9.3% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Mauritius (+191.2% per year) and Namibia (-12.9% per year).

Export Prices by Country

In 2021, the export price in SADC amounted to $X per ton, surging by 44% against the previous year. In general, the export price, however, showed a pronounced downturn. Over the period under review, the export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Mauritius ($X per ton), while Namibia ($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 (+14.4%), while the other leaders experienced a decline in the export price figures.

Imports of Vulcanised Cellular Rubber Articles For Technical Uses

Imports in SADC

Vulcanised cellular rubber articles imports reduced slightly to X tons in 2021, shrinking by -3.2% compared with the previous year. Over the period under review, imports showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2018 when imports increased by 28%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, vulcanised cellular rubber articles imports stood at $X in 2021. Overall, imports showed a noticeable reduction. The pace of growth appeared the most rapid in 2018 when imports increased by 37%. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, South Africa (X tons), distantly followed by Mozambique (X tons), Tanzania (X tons), Botswana (X tons), Democratic Republic of the Congo (X tons), Angola (X tons), Mauritius (X tons), Zimbabwe (X tons), Zambia (X tons), Namibia (X tons) and Swaziland (X tons) were the key importers of vulcanised cellular rubber articles for technical uses, together creating 95% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Mauritius (with a CAGR of +32.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X) constitutes the largest market for imported vulcanised cellular rubber articles for technical uses in SADC, comprising 31% of total imports. The second position in the ranking was taken by Mozambique ($X), with a 12% share of total imports. It was followed by Angola, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value in South Africa stood at -3.9%. In the other countries, the average annual rates were as follows: Mozambique (+9.2% per year) and Angola (-3.8% per year).

Import Prices by Country

In 2021, the import price in SADC amounted to $X per ton, surging by 11% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2016 an increase of 44% against the previous year. As a result, import price attained the peak level of $X per ton. From 2017 to 2021, the import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Zimbabwe (+14.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform