South Africa: Cored Arc-Welding Wire Market 2025

Cored Arc-Welding Wire Market Size in South Africa

In 2021, the South African cored arc-welding wire market increased by 39% to $X, rising for the second consecutive year after three years of decline. In general, consumption, however, saw a perceptible decrease. Cored arc-welding wire consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Cored Arc-Welding Wire Exports

Exports from South Africa

In 2021, approx. X tons of cored arc-welding wire were exported from South Africa; falling by -16.8% on 2020. In general, exports recorded a mild decline. The most prominent rate of growth was recorded in 2017 when exports increased by 72%. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, cored arc-welding wire exports totaled $X in 2021. Over the period under review, exports showed a perceptible decrease. The growth pace was the most rapid in 2017 with an increase of 67%. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

Zimbabwe (X tons), Angola (X tons) and Botswana (X tons) were the main destinations of cored arc-welding wire exports from South Africa, together comprising 63% of total exports.

From 2012 to 2021, the biggest increases were recorded for Angola (with a CAGR of +25.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Angola ($X), Zimbabwe ($X) and Zambia ($X) appeared to be the largest markets for cored arc-welding wire exported from South Africa worldwide, with a combined 54% share of total exports.

In terms of the main countries of destination, Angola, with a CAGR of +28.5%, saw 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 cored arc-welding wire export price stood at $X per ton in 2021, increasing by 23% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 29% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, 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 Democratic Republic of the Congo ($X per ton), while the average price for exports to Swaziland ($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 (+8.4%), while the prices for the other major destinations experienced more modest paces of growth.

Cored Arc-Welding Wire Imports

Imports into South Africa

In 2021, supplies from abroad of cored arc-welding wire increased by 20% to X tons, rising for the second year in a row after three years of decline. Over the period under review, imports, however, continue to indicate a noticeable descent. The most prominent rate of growth was recorded in 2020 with an increase of 58% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, cored arc-welding wire imports soared to $X in 2021. Overall, imports, however, showed a noticeable setback. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of cored arc-welding wire to South Africa, accounting for a 68% share of total imports. Moreover, cored arc-welding wire imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), eightfold. The third position in this ranking was taken by Poland (X tons), with a 7.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to -1.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+14.2% per year) and Poland (+10.7% per year).

In value terms, China ($X) constituted the largest supplier of cored arc-welding wire to South Africa, comprising 55% of total imports. The second position in the ranking was held by Poland ($X), with a 7.6% share of total imports. It was followed by the United States, with a 6.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +2.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+11.8% per year) and the United States (-13.7% per year).

Import Prices by Country

The average cored arc-welding wire import price stood at $X per ton in 2021, picking up by 18% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 34% against the previous year. The import price peaked at $X per ton in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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