South Africa: Cellulose Fibrecement Sheet Market 2024

Cellulose Fibrecement Sheet Market Size in South Africa

The South African cellulose fibrecement sheet market contracted to $X in 2022, with a decrease of -6.9% against the previous year. Overall, consumption continues to indicate a drastic downturn. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Cellulose Fibrecement Sheet Production in South Africa

In value terms, cellulose fibrecement sheet production totaled $X in 2022 estimated in export price. In general, production, however, showed a deep downturn. The most prominent rate of growth was recorded in 2013 when the production volume increased by 10% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Cellulose Fibrecement Sheet Exports

Exports from South Africa

In 2022, cellulose fibrecement sheet exports from South Africa dropped slightly to X tons, reducing by -1.7% against the year before. Overall, exports, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2016 with an increase of 37% against the previous year. Over the period under review, the exports hit record highs at X tons in 2021, and then reduced slightly in the following year.

In value terms, cellulose fibrecement sheet exports contracted to $X in 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 58%. As a result, the exports attained the peak of $X, and then shrank in the following year.

Exports by Country

Malawi (X tons) was the main destination for cellulose fibrecement sheet exports from South Africa, with a 50% share of total exports. Moreover, cellulose fibrecement sheet exports to Malawi exceeded the volume sent to the second major destination, Namibia (X tons), threefold. Zambia (X tons) ranked third in terms of total exports with an 11% share.

From 2012 to 2022, the average annual growth rate of volume to Malawi amounted to +29.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Namibia (-0.3% per year) and Zambia (+4.1% per year).

In value terms, the largest markets for cellulose fibrecement sheet exported from South Africa were Malawi ($X), Namibia ($X) and Zambia ($X), together comprising 76% of total exports.

Among the main countries of destination, Malawi, with a CAGR of +26.0%, 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

The average cellulose fibrecement sheet export price stood at $X per ton in 2022, waning by -3.7% against the previous year. Overall, the export price saw a perceptible curtailment. The pace of growth appeared the most rapid in 2021 when the average export price increased by 21%. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mozambique ($X per ton), while the average price for exports to Malawi ($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 Mozambique (+5.4%), while the prices for the other major destinations experienced mixed trend patterns.

Cellulose Fibrecement Sheet Imports

Imports into South Africa

For the fifth year in a row, South Africa recorded decline in purchases abroad of sheets, panels and tiles of cellulose fibrecement, which decreased by -36% to X tons in 2022. Overall, imports continue to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2017 when imports increased by 46% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, cellulose fibrecement sheet imports shrank sharply to $X in 2022. Over the period under review, imports saw a pronounced downturn. The pace of growth appeared the most rapid in 2017 with an increase of 53%. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Thailand (X tons), Italy (X tons) and India (X tons) were the main suppliers of cellulose fibrecement sheet imports to South Africa, with a combined 76% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of +65.3%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest cellulose fibrecement sheet suppliers to South Africa were Thailand ($X), Italy ($X) and India ($X), together comprising 73% of total imports.

In terms of the main suppliers, Italy, with a CAGR of +40.4%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average cellulose fibrecement sheet import price stood at $X per ton in 2022, picking up by 6.8% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average import price increased by 30% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2014; however, from 2015 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 India ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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