South Africa: Market for Articles Of Asbestos-Cement, Of Cellulose Fibre-Cement 2024

Market Size for Articles Of Asbestos-Cement, Of Cellulose Fibre-Cement in South Africa

The South African market for articles of asbestos-cement, of cellulose fibre-cement was finally on the rise to reach $X in 2021, after two years of decline. In general, consumption, however, saw a abrupt decrease. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Production of Articles Of Asbestos-Cement, Of Cellulose Fibre-Cement in South Africa

In value terms, production of articles of asbestos-cement, of cellulose fibre-cement rose slightly to $X in 2021 estimated in export price. In general, production, however, continues to indicate a deep slump. The growth pace was the most rapid in 2016 with an increase of 17% against the previous year. Production of peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Articles Of Asbestos-Cement, Of Cellulose Fibre-Cement

Exports from South Africa

In 2021, overseas shipments of articles of asbestos-cement, of cellulose fibre-cement decreased by -61.5% to X tons, falling for the third year in a row after two years of growth. Overall, exports recorded a precipitous curtailment. The growth pace was the most rapid in 2017 with an increase of 224% 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 failed to regain momentum.

In value terms, exports of articles of asbestos-cement, of cellulose fibre-cement dropped markedly to $X in 2021. Over the period under review, exports continue to indicate a dramatic decline. The most prominent rate of growth was recorded in 2017 when exports increased by 81%. Over the period under review, the exports of attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Namibia (X tons) was the main destination for exports of articles of asbestos-cement, of cellulose fibre-cement from South Africa, accounting for a 71% share of total exports. Moreover, exports of articles of asbestos-cement, of cellulose fibre-cement to Namibia exceeded the volume sent to the second major destination, Zimbabwe (X tons), fourfold. Swaziland (X tons) ranked third in terms of total exports with a 4.4% share.

From 2012 to 2021, the average annual growth rate of volume to Namibia amounted to -26.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Zimbabwe (-23.0% per year) and Swaziland (-22.9% per year).

In value terms, Namibia ($X) remains the key foreign market for articles of asbestos-cement, of cellulose fibre-cement exports from South Africa, comprising 90% of total exports. The second position in the ranking was held by Swaziland ($X), with a 4.6% share of total exports. It was followed by Zimbabwe, with a 4.3% share.

From 2012 to 2021, the average annual growth rate of value to Namibia stood at -25.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Swaziland (-27.9% per year) and Zimbabwe (-35.5% per year).

Export Prices by Country

In 2021, the average export price for articles of asbestos-cement, of cellulose fibre-cement amounted to $X per ton, growing by 77% against the previous year. Overall, the export price, however, continues to indicate a mild descent. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Namibia ($X per ton), while the average price for exports to Zimbabwe ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Namibia (+1.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Articles Of Asbestos-Cement, Of Cellulose Fibre-Cement

Imports into South Africa

In 2021, purchases abroad of articles of asbestos-cement, of cellulose fibre-cement was finally on the rise to reach X kg for the first time since 2018, thus ending a two-year declining trend. In general, imports, however, continue to indicate a dramatic contraction. The most prominent rate of growth was recorded in 2018 when imports increased by 512%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, imports of articles of asbestos-cement, of cellulose fibre-cement declined significantly to $X in 2021. Over the period under review, imports, however, continue to indicate a sharp descent. The pace of growth was the most pronounced in 2018 with an increase of 1,176%. Imports peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X kg) was the main supplier of articles of asbestos-cement, of cellulose fibre-cement to South Africa, with a approx. 100% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at -18.4%.

In value terms, China ($X) constituted the largest supplier of articles of asbestos-cement, of cellulose fibre-cement to South Africa.

From 2012 to 2021, the average annual growth rate of value from China totaled -17.2%.

Import Prices by Country

The average import price for articles of asbestos-cement, of cellulose fibre-cement stood at $X per ton in 2021, dropping by -53.5% against the previous year. In general, the import price, however, showed a significant increase. The pace of growth was the most pronounced in 2017 an increase of 878%. The import price peaked at $X per ton in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2021, the rate of growth in terms of prices for Brazil amounted to +24.8% per year.

Source: IndexBox Platform

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