South Africa: Metal Bath Market 2025

Metal Bath Market Size in South Africa

The South African metal bath market skyrocketed to $X in 2021, growing by 3,433% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, showed a pronounced reduction. Metal bath consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Metal Bath Exports

Exports from South Africa

In 2021, the amount of baths of iron or steel exported from South Africa rose significantly to X tons, increasing by 11% against the previous year's figure. In general, exports, however, recorded a perceptible decrease. The most prominent rate of growth was recorded in 2017 with an increase of 64%. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, metal bath exports fell modestly to $X in 2021. Overall, exports, however, recorded a pronounced descent. The growth pace was the most rapid in 2018 when exports increased by 40%. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Kenya (X tons) was the main destination for metal bath exports from South Africa, accounting for a 30% share of total exports. Moreover, metal bath exports to Kenya exceeded the volume sent to the second major destination, Namibia (X tons), fourfold. The third position in this ranking was held by Saudi Arabia (X tons), with a 7.3% share.

From 2012 to 2021, the average annual growth rate of volume to Kenya stood at +67.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Namibia (+2.1% per year) and Saudi Arabia (-14.5% per year).

In value terms, Saudi Arabia ($X), Kenya ($X) and Zimbabwe ($X) appeared to be the largest markets for metal bath exported from South Africa worldwide, together accounting for 69% of total exports.

Among the main countries of destination, Kenya, with a CAGR of +41.4%, 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

In 2021, the average metal bath export price amounted to $X per ton, declining by -13.4% against the previous year. Overall, the export price recorded a slight decline. The growth pace was the most rapid in 2016 an increase of 40% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2017 to 2021, the average 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 Saudi Arabia ($X per ton), while the average price for exports to Zambia ($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 Saudi Arabia (+42.5%), while the prices for the other major destinations experienced mixed trend patterns.

Metal Bath Imports

Imports into South Africa

In 2021, imports of baths of iron or steel into South Africa surged to X tons, rising by 87% compared with the previous year's figure. In general, imports enjoyed strong growth. The pace of growth was the most pronounced in 2013 when imports increased by 100% against the previous year. Imports peaked in 2021 and are expected to retain growth in the near future.

In value terms, metal bath imports shrank dramatically to $X in 2021. Overall, imports, however, continue to indicate a mild decrease. The most prominent rate of growth was recorded in 2013 when imports increased by 106%. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of metal bath to South Africa, accounting for a 18% share of total imports. Moreover, metal bath imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), threefold. The third position in this ranking was held by Italy (X tons), with a 5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at -5.1%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-0.4% per year) and Italy (+38.9% per year).

In value terms, China ($X) constituted the largest supplier of baths of iron or steel to South Africa, comprising 25% of total imports. The second position in the ranking was held by Germany ($X), with an 11% share of total imports. It was followed by Italy, with a 9.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to -12.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+1.7% per year) and Italy (+12.6% per year).

Import Prices by Country

The average metal bath import price stood at $X per ton in 2021, falling by -56.5% against the previous year. Over the period under review, the import price recorded a abrupt curtailment. The pace of growth was the most pronounced in 2020 when the average import price increased by 86% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+7.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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