SADC: Worked Flat Glass Market 2024

Worked Flat Glass Market Size in SADC

The SADC worked flat glass market expanded markedly to $X in 2021, rising by 14% against the previous year. The market value increased at an average annual rate of +4.4% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Worked Flat Glass Production in SADC

In value terms, worked flat glass production skyrocketed to $X in 2021 estimated in export price. The total production indicated tangible growth from 2012 to 2021: its value increased at an average annual rate of +4.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -13.2% against 2019 indices. The most prominent rate of growth was recorded in 2013 with an increase of 50%. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Worked Flat Glass Exports

Exports in SADC

In 2021, approx. X tons of worked flat glass were exported in SADC; increasing by 23% on 2020 figures. Overall, exports, however, saw a abrupt curtailment. The pace of growth was the most pronounced in 2018 with an increase of 30% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, worked flat glass exports skyrocketed to $X in 2021. In general, exports, however, faced a abrupt curtailment. The most prominent rate of growth was recorded in 2017 with an increase of 34% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

South Africa prevails in exports structure, accounting for X tons, which was near 90% of total exports in 2021. It was distantly followed by Tanzania (X tons), making up a 6.1% share of total exports. Zambia (X tons) took a relatively small share of total exports.

Exports from South Africa decreased at an average annual rate of -15.2% from 2012 to 2021. Tanzania (-3.2%) and Zambia (-14.8%) illustrated a downward trend over the same period. From 2012 to 2021, the share of South Africa and Tanzania increased by +16 and +4.6 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest worked flat glass supplier in SADC, comprising 93% of total exports. The second position in the ranking was taken by Tanzania ($X), with a 3.6% share of total exports.

From 2012 to 2021, the average annual growth rate of value in South Africa amounted to -13.6%. The remaining exporting countries recorded the following average annual rates of exports growth: Tanzania (+1.6% per year) and Zambia (+3.1% per year).

Export Prices by Country

The export price in SADC stood at $X per ton in 2021, remaining constant against the previous year. Export price indicated a perceptible expansion from 2012 to 2021: its price increased at an average annual rate of +4.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, worked flat glass export price decreased by -34.6% against 2017 indices. The most prominent rate of growth was recorded in 2015 when the export price increased by 72%. The level of export peaked at $X per ton in 2017; however, from 2018 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 ($X per ton), while Tanzania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Zambia (+21.0%), while the other leaders experienced more modest paces of growth.

Worked Flat Glass Imports

Imports in SADC

In 2021, overseas purchases of worked flat glass were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Overall, imports saw tangible growth. The pace of growth was the most pronounced in 2018 with an increase of 129% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth of imports remained at a lower figure.

In value terms, worked flat glass imports soared to $X in 2021. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 93%. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Tanzania (X tons) represented the largest importer of worked flat glass, comprising 45% of total imports. South Africa (X tons) took the second position in the ranking, distantly followed by Angola (X tons) and Zimbabwe (X tons). All these countries together held near 44% share of total imports. Democratic Republic of the Congo (X tons) and Zambia (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Tanzania (with a CAGR of +20.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Tanzania ($X), South Africa ($X) and Democratic Republic of the Congo ($X) appeared to be the countries with the highest levels of imports in 2021, with a combined 76% share of total imports.

Among the main importing countries, Tanzania, with a CAGR of +25.6%, saw 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

In 2021, the import price in SADC amounted to $X per ton, with a decrease of -21.9% against the previous year. Over the period under review, the import price saw a perceptible decline. The pace of growth appeared the most rapid in 2017 an increase of 43%. Over the period under review, import prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Democratic Republic of the Congo ($X per ton), while Tanzania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Democratic Republic of the Congo (+10.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform