South Africa: Vulcanised Rubber Mats Market 2024

Vulcanised Rubber Mats Market Size in South Africa

The South African vulcanised rubber mats market surged to $X in 2021, picking up by 65% 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, the total consumption indicated temperate growth 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. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Vulcanised Rubber Mats Exports

Exports from South Africa

In 2021, after three years of decline, there was significant growth in shipments abroad of floor coverings and mats of vulcanised rubber, when their volume increased by 15% to X tons. Over the period under review, exports, however, continue to indicate a pronounced decrease. The pace of growth was the most pronounced in 2013 when exports increased by 59%. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, vulcanised rubber mats exports surged to $X in 2021. Overall, exports, however, showed a noticeable decline. The pace of growth was the most pronounced in 2013 with an increase of 60%. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The UK (X tons), Namibia (X tons) and Botswana (X tons) were the main destinations of vulcanised rubber mats exports from South Africa, with a combined 57% share of total exports.

From 2012 to 2021, the biggest increases were recorded for the UK (with a CAGR of +7.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for vulcanised rubber mats exported from South Africa were Namibia ($X), Botswana ($X) and Zimbabwe ($X), with a combined 49% share of total exports. Mozambique, the UK, Zambia, Swaziland, Lesotho, Ghana, Austria and the United States lagged somewhat behind, together accounting for a further 39%.

In terms of the main countries of destination, Mozambique, with a CAGR of +6.4%, recorded the highest rates of growth with regard to 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 vulcanised rubber mats export price stood at $X per ton in 2021, surging by 8.4% against the previous year. Overall, the export price, however, saw a slight downturn. The most prominent rate of growth was recorded in 2020 an increase of 13%. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to the UK ($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 the United States (+13.1%), while the prices for the other major destinations experienced more modest paces of growth.

Vulcanised Rubber Mats Imports

Imports into South Africa

After two years of decline, overseas purchases of floor coverings and mats of vulcanised rubber increased by 44% to X tons in 2021. The total import volume increased at an average annual rate of +2.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, imports reached the peak figure at X tons in 2018; afterwards, it flattened through to 2021.

In value terms, vulcanised rubber mats imports surged to $X in 2021. The total import value increased at an average annual rate of +1.9% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest vulcanised rubber mats supplier to South Africa, with a 63% share of total imports. Moreover, vulcanised rubber mats imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), fourfold. The third position in this ranking was taken by Malaysia (X tons), with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +3.5%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-4.4% per year) and Malaysia (+21.1% per year).

In value terms, China ($X) constituted the largest supplier of floor coverings and mats of vulcanised rubber to South Africa, comprising 37% of total imports. The second position in the ranking was held by Malaysia ($X), with a 13% share of total imports. It was followed by Germany, with an 8.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+29.3% per year) and Germany (-3.8% per year).

Import Prices by Country

In 2021, the average vulcanised rubber mats import price amounted to $X per ton, with an increase of 9.2% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 11%. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+18.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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