South Africa: Market for Drawn Glass And Blown Glass 2024

Market Size for Drawn Glass And Blown Glass in South Africa

The South African market for drawn glass and blown glass contracted to $X in 2021, with a decrease of -7% against the previous year. In general, the total consumption indicated a mild expansion from 2012 to 2021: its value increased at an average annual rate of +1.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +9.5% against 2019 indices. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the market remained at a lower figure.

Production of Drawn Glass And Blown Glass in South Africa

In value terms, drawn glass and blown glass production dropped to $X in 2021 estimated in export price. Overall, the total production indicated a tangible increase from 2012 to 2021: its value increased at an average annual rate of +2.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +13.8% against 2019 indices. The most prominent rate of growth was recorded in 2016 when the production volume increased by 47% against the previous year. Over the period under review, production reached the maximum level at $X in 2017; however, from 2018 to 2021, production failed to regain momentum.

Exports of Drawn Glass And Blown Glass

Exports from South Africa

In 2021, the amount of drawn glass and blown glass exported from South Africa soared to X square meters, growing by 89% against the previous year. Overall, exports, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2018 when exports increased by 130% against the previous year. Over the period under review, the exports hit record highs at X square meters in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, drawn glass and blown glass exports surged to $X in 2021. In general, exports, however, saw a slight shrinkage. The pace of growth appeared the most rapid in 2018 with an increase of 117% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Lesotho (X square meters), Swaziland (X square meters) and Malawi (X square meters) were the main destinations of drawn glass and blown glass exports from South Africa, together comprising 71% of total exports.

From 2012 to 2021, the biggest increases were recorded for Malawi (with a CAGR of +64.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Botswana ($X), Swaziland ($X) and Lesotho ($X) were the largest markets for drawn glass and blown glass exported from South Africa worldwide, with a combined 59% share of total exports. Malawi, Mozambique, Zimbabwe and Democratic Republic of the Congo lagged somewhat behind, together comprising a further 29%.

Malawi, with a CAGR of +69.8%, saw the highest growth rate of 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 2021, the average export price for drawn glass and blown glass amounted to $X per square meter, dropping by -5.5% against the previous year. In general, the export price, however, recorded strong growth. The growth pace was the most rapid in 2020 an increase of 194% against the previous year. As a result, the export price attained the peak level of $X per square meter, and then shrank in the following year.

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 Botswana ($X per square meter), while the average price for exports to Lesotho ($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 Democratic Republic of the Congo (+16.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Drawn Glass And Blown Glass

Imports into South Africa

In 2021, drawn glass and blown glass imports into South Africa declined to X square meters, remaining relatively unchanged against the previous year. Over the period under review, imports recorded a deep slump. The growth pace was the most rapid in 2016 when imports increased by 471% against the previous year. As a result, imports reached the peak of X square meters. From 2017 to 2021, the growth of imports failed to regain momentum.

In value terms, drawn glass and blown glass imports surged to $X in 2021. In general, imports continue to indicate a abrupt contraction. The growth pace was the most rapid in 2016 when imports increased by 588%. As a result, imports reached the peak of $X. From 2017 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, China (X square meters) constituted the largest drawn glass and blown glass supplier to South Africa, accounting for a 69% share of total imports. Moreover, drawn glass and blown glass imports from China exceeded the figures recorded by the second-largest supplier, Lesotho (X square meters), sixfold. India (X square meters) ranked third in terms of total imports with a 7.7% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to -15.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Lesotho (0.0% per year) and India (+13.1% per year).

In value terms, the largest drawn glass and blown glass suppliers to South Africa were India ($X), China ($X) and the United States ($X), with a combined 76% share of total imports. These countries were followed by France and Lesotho, which together accounted for a further 12%.

Among the main suppliers, France, with a CAGR of +514.0%, recorded the highest growth rate of 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 2021, the average import price for drawn glass and blown glass amounted to $X per square meter, surging by 96% against the previous year. Over the period under review, the import price continues to indicate a buoyant increase. The pace of growth was the most pronounced in 2017 when the average import price increased by 119% against the previous year. The import price peaked in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per square meter), while the price for Lesotho ($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 India (+16.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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