South Africa: Market for Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced 2024

Market Size for Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced in South Africa

The South African market for boards, sheets, panels, tiles and similar articles of plaster not faced surged to $X in 2021, jumping by 17% against the previous year. Overall, consumption, however, continues to indicate a deep downturn. Consumption of peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced in South Africa

In value terms, production of boards, sheets, panels, tiles and similar articles of plaster not faced skyrocketed to $X in 2021 estimated in export price. Overall, production, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2017 when the production volume increased by 32% against the previous year. Production of peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced

Exports from South Africa

In 2021, shipments abroad of boards, sheets, panels, tiles and similar articles of plaster not faced increased by 67% to X square meters, rising for the second year in a row after two years of decline. In general, exports posted a buoyant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of boards, sheets, panels, tiles and similar articles of plaster not faced surged to $X in 2021. Overall, total exports indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +3.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +97.2% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Botswana (X square meters) was the main destination for exports of boards, sheets, panels, tiles and similar articles of plaster not faced from South Africa, with a 47% share of total exports. Moreover, exports of boards, sheets, panels, tiles and similar articles of plaster not faced to Botswana exceeded the volume sent to the second major destination, Zimbabwe (X square meters), threefold. The third position in this ranking was held by Swaziland (X square meters), with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Botswana amounted to +25.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Zimbabwe (+25.2% per year) and Swaziland (+9.4% per year).

In value terms, Botswana ($X), Zimbabwe ($X) and Namibia ($X) appeared to be the largest markets for board, sheet, panel, tile and similar article of plaster not faced exported from South Africa worldwide, with a combined 73% share of total exports. These countries were followed by Swaziland, China and Zambia, which together accounted for a further 18%.

China, with a CAGR of +531.9%, 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 export price for boards, sheets, panels, tiles and similar articles of plaster not faced stood at $X per square meter in 2021, with an increase of 14% against the previous year. In general, the export price, however, saw a abrupt descent. The pace of growth was the most pronounced in 2019 when the average export price increased by 25% against the previous year. The export price peaked at $X per square meter in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Zambia ($X per square meter), while the average price for exports to Botswana ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+23.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced

Imports into South Africa

In 2021, the amount of boards, sheets, panels, tiles and similar articles of plaster not faced imported into South Africa surged to X square meters, picking up by 66% on the previous year. Over the period under review, imports, however, recorded a relatively flat trend pattern. Imports peaked at X square meters in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, imports of boards, sheets, panels, tiles and similar articles of plaster not faced skyrocketed to $X in 2021. In general, imports, however, saw a mild downturn. Imports peaked at $X in 2016; however, from 2017 to 2021, imports failed to regain momentum.

Imports by Country

Saudi Arabia (X square meters), China (X square meters) and Algeria (X square meters) were the main suppliers of imports of boards, sheets, panels, tiles and similar articles of plaster not faced to South Africa, with a combined 98% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Saudi Arabia (with a CAGR of +514.0%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest board, sheet, panel, tile and similar article of plaster not faced suppliers to South Africa were Saudi Arabia ($X), China ($X) and Algeria ($X), with a combined 92% share of total imports.

Saudi Arabia, with a CAGR of +527.8%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average import price for boards, sheets, panels, tiles and similar articles of plaster not faced stood at $X per square meter in 2021, with a decrease of -2.4% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 11% against the previous year. Over the period under review, average import prices attained the maximum at $X per square meter in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($X per square meter), while the price for Saudi Arabia ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+14.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :