South Africa: Market for Paint, Distemper, Varnish Or Similar Brushes, Paint Pads And Rollers 2024

Market Size for Paint, Distemper, Varnish Or Similar Brushes, Paint Pads And Rollers in South Africa

In 2021, the South African market for paint, distemper, varnish or similar brushes, paint pads and rollers increased by 0.5% to $X, rising for the second year in a row after four years of decline. The market value increased at an average annual rate of +3.4% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2016 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Paint, Distemper, Varnish Or Similar Brushes, Paint Pads And Rollers in South Africa

In value terms, production of paint, distemper, varnish or similar brushes, paint pads and rollers dropped to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 when the production volume increased by 48% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2021, production of growth remained at a somewhat lower figure.

Exports of Paint, Distemper, Varnish Or Similar Brushes, Paint Pads And Rollers

Exports from South Africa

Exports of paint, distemper, varnish or similar brushes, paint pads and rollers from South Africa fell to X units in 2021, which is down by -2.4% compared with the previous year. Over the period under review, exports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2014 with an increase of 17%. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, exports of paint, distemper, varnish or similar brushes, paint pads and rollers surged to $X in 2021. In general, exports continue to indicate a relatively flat trend pattern. Over the period under review, the exports of reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Namibia (X units), Botswana (X units) and Mozambique (X units) were the main destinations of exports of paint, distemper, varnish or similar brushes, paint pads and rollers from South Africa, together accounting for 63% of total exports. These countries were followed by Zambia, Swaziland, Lesotho and Zimbabwe, which together accounted for a further 32%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Lesotho (with a CAGR of +2.5%), while the other leaders experienced a decline.

In value terms, the largest markets for paint, distemper, varnish or similar brush, paint pad and roller exported from South Africa were Namibia ($X), Botswana ($X) and Mozambique ($X), together accounting for 62% of total exports. Swaziland, Zambia, Zimbabwe and Lesotho lagged somewhat behind, together comprising a further 32%.

Swaziland, with a CAGR of +7.0%, 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

The average export price for paint, distemper, varnish or similar brushes, paint pads and rollers stood at $X per unit in 2021, increasing by 19% against the previous year. In general, export price indicated a resilient increase from 2012 to 2021: its price increased at an average annual rate of +7.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, export price for paint, distemper, varnish or similar brushes, paint pads and rollers increased by +91.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 when the average export price increased by 61% against the previous year. Over the period under review, the average export prices hit record highs in 2021 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Zimbabwe ($X per unit), while the average price for exports to Lesotho ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Zimbabwe (+14.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Paint, Distemper, Varnish Or Similar Brushes, Paint Pads And Rollers

Imports into South Africa

For the third consecutive year, South Africa recorded growth in overseas purchases of paint, distemper, varnish or similar brushes, paint pads and rollers, which increased by 10% to X units in 2021. Overall, total imports indicated a pronounced expansion from 2012 to 2021: its volume increased at an average annual rate of +4.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +96.5% against 2018 indices. The most prominent rate of growth was recorded in 2020 with an increase of 65% against the previous year. Over the period under review, imports of reached the maximum in 2021 and are likely to see gradual growth in the immediate term.

In value terms, imports of paint, distemper, varnish or similar brushes, paint pads and rollers soared to $X in 2021. The total import value 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 of attained the maximum at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest paint, distemper, varnish or similar brush, paint pad and roller supplier to South Africa, accounting for a 85% share of total imports. Moreover, imports of paint, distemper, varnish or similar brushes, paint pads and rollers from China exceeded the figures recorded by the second-largest supplier, the Czech Republic (X units), tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +11.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+41.8% per year) and Germany (-19.4% per year).

In value terms, China ($X) constituted the largest supplier of paint, distemper, varnish or similar brushes, paint pads and rollers to South Africa, comprising 94% of total imports. The second position in the ranking was taken by the Czech Republic ($X), with a 3.5% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China amounted to +3.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+46.8% per year) and Germany (-16.5% per year).

Import Prices by Country

In 2021, the average import price for paint, distemper, varnish or similar brushes, paint pads and rollers amounted to $X per unit, jumping by 20% against the previous year. Over the period under review, the import price, however, saw a mild decline. The pace of growth was the most pronounced in 2018 when the average import price increased by 89% against the previous year. As a result, import price reached the peak level of $X per unit. From 2019 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+3.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform