South Africa: Market for Plastic Hoses and Hose Fittings 2024

Market Size for Plastic Hoses and Hose Fittings in South Africa

In 2021, the South African market for plastic hoses and hose fittings was finally on the rise to reach $X for the first time since 2017, thus ending a three-year declining trend. Overall, consumption, however, showed a slight decrease. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Plastic Hoses and Hose Fittings in South Africa

In value terms, plastic hose and hose fitting production rose modestly to $X in 2021 estimated in export price. In general, production, however, showed a mild downturn. The pace of growth appeared the most rapid in 2017 with an increase of 22%. Plastic hose and hose fitting production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Plastic Hoses and Hose Fittings

Exports from South Africa

In 2021, exports of plastic hoses and hose fittings from South Africa declined modestly to X tons, waning by -1.6% against 2020 figures. Over the period under review, exports recorded a pronounced contraction. The most prominent rate of growth was recorded in 2014 when exports increased by 8.2% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2021, the growth of the exports remained at a lower figure.

In value terms, plastic hose and hose fitting exports surged to $X in 2021. In general, exports showed a slight descent. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Mozambique (X tons), Zambia (X tons) and Botswana (X tons) were the main destinations of plastic hose and hose fitting exports from South Africa, together accounting for 49% of total exports. Namibia, Swaziland, Zimbabwe, Democratic Republic of the Congo, Lesotho, Sierra Leone and Angola lagged somewhat behind, together accounting for a further 47%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Sierra Leone (with a CAGR of +20.6%), while the other leaders experienced more modest paces of growth.

In value terms, Zambia ($X), Swaziland ($X) and Mozambique ($X) were the largest markets for plastic hose and hose fitting exported from South Africa worldwide, with a combined 49% share of total exports. These countries were followed by Botswana, Namibia, Democratic Republic of the Congo, Zimbabwe, Sierra Leone, Lesotho and Angola, which together accounted for a further 42%.

In terms of the main countries of destination, Sierra Leone, with a CAGR of +22.9%, 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

In 2021, the average export price for plastic hoses and hose fittings amounted to $X per ton, jumping by 25% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Swaziland ($X per ton), while the average price for exports to Lesotho ($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 Swaziland (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plastic Hoses and Hose Fittings

Imports into South Africa

In 2021, approx. X tons of plastic hoses and hose fittings were imported into South Africa; jumping by 35% on 2020 figures. In general, total imports indicated a mild expansion from 2012 to 2021: its volume 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. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, plastic hose and hose fitting imports surged to $X in 2021. The total import value increased at an average annual rate of +1.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of plastic hose and hose fitting to South Africa, accounting for a 39% share of total imports. Moreover, plastic hose and hose fitting imports from China exceeded the figures recorded by the second-largest supplier, Argentina (X tons), twofold. France (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +9.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (+12.9% per year) and France (+5.2% per year).

In value terms, China ($X) constituted the largest supplier of plastic hoses and hose fittings to South Africa, comprising 25% of total imports. The second position in the ranking was held by Germany ($X), with a 12% share of total imports. It was followed by Argentina, with a 9.2% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +9.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+0.2% per year) and Argentina (+7.9% per year).

Import Prices by Country

In 2021, the average import price for plastic hoses and hose fittings amounted to $X per ton, approximately reflecting the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 25% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per ton), while the price for Botswana ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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