South Africa: Market for Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber 2025

Market Size for Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber in South Africa

In 2022, the South African solid vulcanised rubber sheet market increased by 19% to $X for the first time since 2017, thus ending a four-year declining trend. Over the period under review, consumption, however, continues to indicate a abrupt setback. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Exports of Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber

Exports from South Africa

In 2022, the amount of plates, sheets, strips for floor covering of solid vulcanised rubber exported from South Africa reduced slightly to X tons, falling by -3.6% compared with 2021. Over the period under review, total exports indicated a tangible increase from 2012 to 2022: its volume increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 62% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, solid vulcanised rubber sheet exports shrank to $X in 2022. In general, total exports indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +57.3% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 67% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Zimbabwe (X tons), Zambia (X tons) and Botswana (X tons) were the main destinations of solid vulcanised rubber sheet exports from South Africa, with a combined 51% share of total exports. Mozambique, Namibia, Guinea, Tanzania, Madagascar, Australia, the United States, Angola, Swaziland and the Netherlands lagged somewhat behind, together comprising a further 37%.

From 2012 to 2022, the biggest increases were recorded for Guinea (with a CAGR of +101.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Botswana ($X), Zambia ($X) and Mozambique ($X) were the largest markets for solid vulcanised rubber sheet exported from South Africa worldwide, together comprising 45% of total exports. Zimbabwe, Namibia, Madagascar, Australia, Guinea, the United States, Tanzania, Angola, Swaziland and the Netherlands lagged somewhat behind, together comprising a further 36%.

Among the main countries of destination, Guinea, with a CAGR of +78.0%, recorded the highest growth rate of 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 2022, the average solid vulcanised rubber sheet export price amounted to $X per ton, which is down by -2.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The pace of growth was the most pronounced in 2020 when the average export price increased by 21% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2021, and then dropped in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Botswana ($X per ton), while the average price for exports to the Netherlands ($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 Botswana (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber

Imports into South Africa

In 2022, purchases abroad of plates, sheets, strips for floor covering of solid vulcanised rubber increased by 1.8% to X tons, rising for the second year in a row after three years of decline. Overall, imports, however, showed a noticeable reduction. The growth pace was the most rapid in 2017 with an increase of 17% against the previous year. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, solid vulcanised rubber sheet imports soared to $X in 2022. Over the period under review, imports, however, saw a perceptible contraction. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest solid vulcanised rubber sheet supplier to South Africa, with a 43% share of total imports. Moreover, solid vulcanised rubber sheet imports from China exceeded the figures recorded by the second-largest supplier, Malaysia (X tons), twofold. Germany (X tons) ranked third in terms of total imports with an 8.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+1.6% per year) and Germany (+2.4% per year).

In value terms, the largest solid vulcanised rubber sheet suppliers to South Africa were Malaysia ($X), Germany ($X) and China ($X), together comprising 64% of total imports.

In terms of the main suppliers, Malaysia, with a CAGR of +2.0%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average solid vulcanised rubber sheet import price stood at $X per ton in 2022, increasing by 19% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a 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 Germany ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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