South Africa: Billiard Accessoires Market 2024

Billiard Accessoires Market Size in South Africa

In 2022, the South African billiard accessoires market decreased by -11.1% to $X, falling for the second consecutive year after two years of growth. In general, consumption saw a noticeable curtailment. Billiard accessoires consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Billiard Accessoires Production in South Africa

In value terms, billiard accessoires production expanded modestly to $X in 2022 estimated in export price. Over the period under review, production, however, saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2019 with an increase of 22% against the previous year. Billiard accessoires production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Billiard Accessoires Exports

Exports from South Africa

Billiard accessoires exports from South Africa soared to X tons in 2022, increasing by 48% on the year before. Over the period under review, exports, however, continue to indicate a perceptible curtailment. The pace of growth was the most pronounced in 2017 when exports increased by 60%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, billiard accessoires exports soared to $X in 2022. In general, exports, however, recorded a abrupt descent. The pace of growth appeared the most rapid in 2017 with an increase of 76% against the previous year. 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

Zambia (X tons), Namibia (X tons) and Botswana (X tons) were the main destinations of billiard accessoires exports from South Africa, together comprising 79% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Namibia (with a CAGR of +18.0%), while the other leaders experienced more modest paces of growth.

In value terms, Zambia ($X), Namibia ($X) and Botswana ($X) were the largest markets for billiard accessoires exported from South Africa worldwide, together comprising 69% of total exports. Lesotho, Nigeria, Mozambique, Swaziland, Zimbabwe, Democratic Republic of the Congo and Tanzania lagged somewhat behind, together accounting for a further 25%.

In terms of the main countries of destination, Lesotho, with a CAGR of +9.9%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average billiard accessoires export price stood at $X per ton in 2022, with a decrease of -20.2% against the previous year. In general, the export price continues to indicate a noticeable slump. The most prominent rate of growth was recorded in 2015 an increase of 24%. As a result, the export price reached the peak level of $X per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Nigeria ($X per ton), while the average price for exports to Democratic Republic of the Congo ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (+9.1%), while the prices for the other major destinations experienced more modest paces of growth.

Billiard Accessoires Imports

Imports into South Africa

Billiard accessoires imports into South Africa shrank significantly to X tons in 2022, reducing by -31.2% compared with 2021 figures. In general, imports recorded a abrupt decline. The most prominent rate of growth was recorded in 2017 with an increase of 42%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, billiard accessoires imports contracted slightly to $X in 2022. Overall, imports continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 34%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) was the main billiard accessoires supplier to South Africa, with a 94% share of total imports. It was followed by the UK (X tons), with a 1.2% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China amounted to -6.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-11.8% per year) and Hong Kong SAR (-49.2% per year).

In value terms, China ($X) constituted the largest supplier of articles and accessories for billiards to South Africa, comprising 82% of total imports. The second position in the ranking was taken by the UK ($X), with a 6.6% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at -4.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-9.4% per year) and Hong Kong SAR (-49.0% per year).

Import Prices by Country

In 2022, the average billiard accessoires import price amounted to $X per ton, with an increase of 43% against the previous year. Overall, import price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, billiard accessoires import price increased by +61.9% against 2020 indices. Over the period under review, average import prices reached the peak figure at $X per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Hong Kong SAR ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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