South Africa: Metal Advertising Sign Market 2021

Metal Advertising Sign Market Size in South Africa

In 2020, the South African metal advertising sign market decreased by -X% to $X for the first time since 2016, thus ending a three-year rising trend. In general, consumption, however, recorded a mild descent. The growth pace was the most rapid in 2017 when the market value increased by X% against the previous year. Over the period under review, the market hit record highs at $X in 2011; however, from 2012 to 2020, consumption remained at a lower figure.

Metal Advertising Sign Production in South Africa

In value terms, metal advertising sign production declined rapidly to $X in 2020 estimated in export prices. Over the period under review, production, however, recorded a pronounced decrease. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% year-to-year. Over the period under review, production hit record highs at $X in 2011; however, from 2012 to 2020, production remained at a lower figure.

Metal Advertising Sign Exports

Exports from South Africa

In 2020, overseas shipments of metal advertising signs decreased by -X% to X tons for the first time since 2017, thus ending a two-year rising trend. Overall, exports saw a mild contraction. The pace of growth appeared the most rapid in 2010 with an increase of X% y-o-y. Over the period under review, exports attained the peak figure at X tons in 2015; however, from 2016 to 2020, exports failed to regain the momentum.

In value terms, metal advertising sign exports declined notably to $X in 2020. In general, exports continue to indicate a pronounced slump. The pace of growth appeared the most rapid in 2018 with an increase of X% year-to-year. Exports peaked at $X in 2011; however, from 2012 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Namibia (X tons), Mozambique (X tons) and Malawi (X tons) were the main destinations of metal advertising sign exports from South Africa, together accounting for X% of total exports. These countries were followed by Botswana, Lesotho, Swaziland, Tanzania, Zimbabwe, Belgium and Zambia, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium, while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for metal advertising sign exported from South Africa were Namibia ($X), Botswana ($X) and Belgium ($X), together comprising X% of total exports.

Belgium recorded the highest rates of growth with regard to the value of exports, in terms of 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

In 2020, the average metal advertising sign export price amounted to $X per ton, dropping by -X% against the previous year. In general, the export price continues to indicate a perceptible decrease. The pace of growth was the most pronounced in 2009 an increase of X% year-to-year. As a result, export price attained the peak level of $X per ton. From 2010 to 2020, the growth in terms of the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Zambia ($X per ton), while the average price for exports to Malawi ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Zambia, while the prices for the other major destinations experienced more modest paces of growth.

Metal Advertising Sign Imports

Imports into South Africa

In 2020, overseas purchases of metal advertising signs increased by X% to X tons for the first time since 2017, thus ending a two-year declining trend. In general, imports, however, saw a abrupt setback. Over the period under review, imports attained the maximum at X tons in 2007; however, from 2008 to 2020, imports stood at a somewhat lower figure.

In value terms, metal advertising sign imports declined modestly to $X in 2020. Overall, imports, however, continue to indicate a pronounced setback. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2020, imports stood at a somewhat lower figure.

Imports by Country

Italy (X tons), China (X tons) and the U.S. (X tons) were the main suppliers of metal advertising sign imports to South Africa, together comprising X% of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy, while imports for the other leaders experienced mixed trend patterns.

In value terms, the U.S. ($X), China ($X) and Germany ($X) were the largest metal advertising sign suppliers to South Africa, with a combined X% share of total imports. These countries were followed by Italy, Spain, India and Hong Kong SAR, which together accounted for a further X the main suppliers, Italy 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 2020, the average metal advertising sign import price amounted to $X per ton, falling by -X% against the previous year. In general, import price indicated noticeable growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2008 when the average import price increased by X% y-o-y. Over the period under review, average import prices reached the peak figure at $X per ton in 2015; however, from 2016 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Spain ($X per ton), while the price for Hong Kong SAR ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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