South Africa: Market for Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride 2024

Market Size for Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride in South Africa

For the fifth year in a row, the South African market for rigid tubes, pipes and hoses of polymers of vinyl chloride recorded decline in sales value, which decreased by -3.6% to $X in 2022. In general, consumption showed a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Production of Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride in South Africa

In value terms, vinyl chloride polymer rigid pipes production fell slightly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a mild setback. The pace of growth appeared the most rapid in 2017 with an increase of 20%. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a somewhat lower figure.

Exports of Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride

Exports from South Africa

In 2022, vinyl chloride polymer rigid pipes exports from South Africa fell sharply to X tons, declining by -19.6% on the previous year. Over the period under review, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 when exports increased by 103%. Over the period under review, the exports reached the peak figure at X tons in 2021, and then reduced rapidly in the following year.

In value terms, vinyl chloride polymer rigid pipes exports totaled $X in 2022. Overall, exports, however, enjoyed a perceptible increase. The pace of growth was the most pronounced in 2016 with an increase of 85%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Mozambique (X tons), Swaziland (X tons) and Zimbabwe (X tons) were the main destinations of vinyl chloride polymer rigid pipes exports from South Africa, with a combined 51% share of total exports. Namibia, Botswana, Zambia, Lesotho, Democratic Republic of the Congo and Malawi lagged somewhat behind, together comprising a further 41%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Lesotho (with a CAGR of +20.1%), while the other leaders experienced more modest paces of growth.

In value terms, Mozambique ($X), Swaziland ($X) and Zimbabwe ($X) appeared to be the largest markets for vinyl chloride polymer rigid pipes exported from South Africa worldwide, together accounting for 46% of total exports. Namibia, Zambia, Botswana, Democratic Republic of the Congo, Malawi and Lesotho lagged somewhat behind, together accounting for a further 40%.

In terms of the main countries of destination, Lesotho, with a CAGR of +22.2%, saw 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 2022, the average export price for rigid tubes, pipes and hoses of polymers of vinyl chloride amounted to $X per ton, with an increase of 28% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. The most prominent rate of growth was recorded in 2021 an increase of 32%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Malawi ($X per ton), while the average price for exports to Botswana ($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 Malawi (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride

Imports into South Africa

In 2022, purchases abroad of rigid tubes, pipes and hoses of polymers of vinyl chloride decreased by -38.3% to X tons, falling for the third consecutive year after two years of growth. In general, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2019 when imports increased by 467% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, vinyl chloride polymer rigid pipes imports shrank dramatically to $X in 2022. Overall, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2019 when imports increased by 338%. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Botswana (X tons) constituted the largest vinyl chloride polymer rigid pipes supplier to South Africa, accounting for a 81% share of total imports. Moreover, vinyl chloride polymer rigid pipes imports from Botswana exceeded the figures recorded by the second-largest supplier, Spain (X tons), more than tenfold. China (X tons) ranked third in terms of total imports with a 5.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Botswana totaled +25.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+67.4% per year) and China (+5.6% per year).

In value terms, Botswana ($X) constituted the largest supplier of rigid tubes, pipes and hoses of polymers of vinyl chloride to South Africa, comprising 78% of total imports. The second position in the ranking was taken by Spain ($X), with an 8.8% share of total imports. It was followed by China, with a 4% share.

From 2012 to 2022, the average annual growth rate of value from Botswana amounted to +30.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+70.3% per year) and China (+4.3% per year).

Import Prices by Country

The average import price for rigid tubes, pipes and hoses of polymers of vinyl chloride stood at $X per ton in 2022, remaining stable against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 65% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for China ($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 (+3.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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