South Africa: Matches Market 2024

Matches Market Size in South Africa

In 2021, the South African matches market increased by 17% to $X, rising for the second year in a row after six years of decline. Overall, consumption, however, recorded a perceptible decline. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Matches Production in South Africa

In value terms, matches production totaled $X in 2021 estimated in export price. Overall, production faced a abrupt shrinkage. The pace of growth was the most pronounced in 2018 when the production volume increased by 18% against the previous year. Matches production peaked at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Matches Exports

Exports from South Africa

In 2021, the amount of matches exported from South Africa dropped to X tons, which is down by -3.9% compared with 2020. Over the period under review, exports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2013 when exports increased by 21% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2021, the growth of the exports failed to regain momentum.

In value terms, matches exports stood at $X in 2021. In general, exports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2017 when exports increased by 27% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Mozambique (X tons), Namibia (X tons) and Lesotho (X tons) were the main destinations of matches exports from South Africa, with a combined 58% share of total exports. These countries were followed by Botswana, Swaziland, Democratic Republic of the Congo, Angola, Zimbabwe and Zambia, which together accounted for a further 39%.

From 2012 to 2021, the biggest increases were recorded for Swaziland (with a CAGR of +2.9%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for matches exported from South Africa were Mozambique ($X), Namibia ($X) and Botswana ($X), with a combined 63% share of total exports.

Namibia, with a CAGR of +1.4%, saw 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 a decline.

Export Prices by Country

In 2021, the average matches export price amounted to $X per ton, picking up by 15% against the previous year. Overall, the export price, however, showed a noticeable curtailment. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat 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 Namibia ($X per ton), while the average price for exports to Swaziland ($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 Angola (+2.4%), while the prices for the other major destinations experienced mixed trend patterns.

Matches Imports

Imports into South Africa

In 2021, the amount of matches imported into South Africa soared to X tons, growing by 26% on the previous year. Over the period under review, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2017 when imports increased by 176% against the previous year. As a result, imports attained the peak of X tons. From 2018 to 2021, the growth of imports remained at a lower figure.

In value terms, matches imports soared to $X in 2021. Overall, imports saw prominent growth. The growth pace was the most rapid in 2017 when imports increased by 181% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, India (X tons) was the main supplier of matches to South Africa, with a 91% share of total imports. Moreover, matches imports from India exceeded the figures recorded by the second-largest supplier, Pakistan (X tons), more than tenfold. The third position in this ranking was taken by China (X tons), with a 1.2% share.

From 2012 to 2021, the average annual growth rate of volume from India amounted to +48.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Pakistan (+5.3% per year) and China (-14.4% per year).

In value terms, India ($X) constituted the largest supplier of matches to South Africa, comprising 90% of total imports. The second position in the ranking was taken by Pakistan ($X), with a 4.7% share of total imports. It was followed by China, with a 1.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from India amounted to +34.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Pakistan (-5.3% per year) and China (-13.1% per year).

Import Prices by Country

The average matches import price stood at $X per ton in 2021, approximately reflecting the previous year. Overall, the import price saw a deep contraction. The pace of growth was the most pronounced in 2013 an increase of 21% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average 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 Brazil ($X per ton), while the price for Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+17.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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