South Africa: Coated Arc-Welding Electrode Market 2025

Coated Arc-Welding Electrode Market Size in South Africa

The South African coated arc-welding electrode market dropped to $X in 2022, declining by X% against the previous year. Over the period under review, consumption showed a deep downturn. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Coated Arc-Welding Electrode Production in South Africa

In value terms, coated arc-welding electrode production dropped to $X in 2022 estimated in export price. In general, production continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of X%. Coated arc-welding electrode production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Coated Arc-Welding Electrode Exports

Exports from South Africa

In 2022, approx. X tons of coated base metal electrodes for electric arc-welding were exported from South Africa; rising by X% against the previous year's figure. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in years to come.

In value terms, coated arc-welding electrode exports soared to $X in 2022. Over the period under review, total exports indicated a slight increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Zimbabwe (X tons) was the main destination for coated arc-welding electrode exports from South Africa, with a X% share of total exports. Moreover, coated arc-welding electrode exports to Zimbabwe exceeded the volume sent to the second major destination, Zambia (X tons), twofold. The third position in this ranking was held by Namibia (X tons), with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Zimbabwe totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Zambia (X% per year) and Namibia (X% per year).

In value terms, Zimbabwe ($X), Zambia ($X) and Namibia ($X) constituted the largest markets for coated arc-welding electrode exported from South Africa worldwide, together accounting for X% of total exports.

Namibia, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average coated arc-welding electrode export price stood at $X per ton in 2022, growing by X% against the previous year. Overall, the export price, however, saw a mild setback. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mozambique ($X per ton), while the average price for exports to Zimbabwe ($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 Botswana (X%), while the prices for the other major destinations experienced more modest paces of growth.

Coated Arc-Welding Electrode Imports

Imports into South Africa

In 2022, coated arc-welding electrode imports into South Africa totaled X tons, growing by X% against the previous year's figure. Overall, imports, however, saw a slight curtailment. The most prominent rate of growth was recorded in 2018 with an increase of X%. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, coated arc-welding electrode imports stood at $X in 2022. Over the period under review, imports, however, recorded a perceptible setback. The pace of growth was the most pronounced in 2019 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of coated arc-welding electrode to South Africa, with a X% share of total imports. Moreover, coated arc-welding electrode imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X tons), eightfold. The third position in this ranking was taken by Hungary (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (X% per year) and Hungary (X% per year).

In value terms, China ($X) constituted the largest supplier of coated base metal electrodes for electric arc-welding to South Africa, comprising X% of total imports. The second position in the ranking was held by Thailand ($X), with an X% share of total imports. It was followed by Hungary, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (X% per year) and Hungary (X% per year).

Import Prices by Country

In 2022, the average coated arc-welding electrode import price amounted to $X per ton, leveling off at the previous year. Overall, the import price, however, recorded a pronounced decline. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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