South Africa: Market for Glass in The Mass 2024

Market Size for Glass in The Mass in South Africa

The South African glass in the mass market shrank to $X in 2022, which is down by -8.7% 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 saw a noticeable reduction. Glass in the mass consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Exports of Glass in The Mass

Exports from South Africa

In 2022, after two years of decline, there was significant growth in overseas shipments of glass in the mass, when their volume increased by 214% to X tons. Overall, exports, however, showed a pronounced downturn. The most prominent rate of growth was recorded in 2019 with an increase of 385%. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, glass in the mass exports surged to $X in 2022. In general, exports, however, saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 486%. Over the period under review, the glass in mass exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Swaziland (X tons) was the main destination for glass in the mass exports from South Africa, accounting for a 80% share of total exports. Moreover, glass in the mass exports to Swaziland exceeded the volume sent to the second major destination, Namibia (X kg), eightfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Swaziland totaled +55.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Namibia (+9.0% per year) and Botswana (-24.8% per year).

In value terms, Swaziland ($X) emerged as the key foreign market for glass in the mass exports from South Africa, comprising 76% of total exports. The second position in the ranking was held by Botswana ($X), with a 14% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Swaziland totaled +39.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Botswana (-23.0% per year) and Namibia (+12.2% per year).

Export Prices by Country

In 2022, the average glass in the mass export price amounted to $X per ton, dropping by -42.2% against the previous year. In general, the export price continues to indicate a noticeable slump. The most prominent rate of growth was recorded in 2021 when the average export price increased by 1,137%. Over the period under review, the average export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Botswana ($X per ton), while the average price for exports to Namibia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Madagascar (+12.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Glass in The Mass

Imports into South Africa

In 2022, approx. X tons of glass in the mass were imported into South Africa; reducing by -11% compared with the previous year's figure. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 79% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, glass in the mass imports declined to $X in 2022. Overall, imports showed a deep reduction. The pace of growth appeared the most rapid in 2018 with an increase of 44%. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Zimbabwe (X tons), Mozambique (X tons) and Namibia (X tons) were the main suppliers of glass in the mass imports to South Africa, with a combined 73% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Zimbabwe (with a CAGR of +132.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest glass in the mass suppliers to South Africa were Namibia ($X), Zimbabwe ($X) and Zambia ($X), with a combined 61% share of total imports.

Zimbabwe, with a CAGR of +130.2%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average glass in the mass import price stood at $X per ton in 2022, with an increase of 4.1% against the previous year. In general, the import price, however, showed a deep reduction. The most prominent rate of growth was recorded in 2018 when the average import price increased by 22% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Lesotho ($X per ton), while the price for Mozambique ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Botswana (+6.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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