South Africa: Asphalted Paper Market 2024

Asphalted Paper Market Size in South Africa

In 2022, the South African asphalted paper market increased by 14% to $X, rising for the second year in a row after two years of decline. Overall, consumption, however, showed a relatively flat trend pattern. Asphalted paper consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Asphalted Paper Production in South Africa

In value terms, asphalted paper production totaled $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of 252% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

Asphalted Paper Exports

Exports from South Africa

Asphalted paper exports from South Africa totaled X tons in 2022, growing by 9.8% compared with the previous year's figure. Over the period under review, exports, however, showed a abrupt downturn. The most prominent rate of growth was recorded in 2015 with an increase of 222% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, asphalted paper exports expanded markedly to $X in 2022. Overall, exports, however, showed a deep setback. The pace of growth was the most pronounced in 2015 when exports increased by 163% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Namibia (X tons), Zimbabwe (X tons) and Zambia (X tons) were the main destinations of asphalted paper exports from South Africa, together accounting for 59% of total exports. Botswana, the UK, Malawi, Swaziland, Mozambique and Turkey lagged somewhat behind, together accounting for a further 30%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the UK (with a CAGR of +56.3%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for asphalted paper exported from South Africa were Namibia ($X), Zimbabwe ($X) and Zambia ($X), with a combined 59% share of total exports.

In terms of the main countries of destination, Zambia, with a CAGR of +37.4%, 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 asphalted paper export price amounted to $X per ton, dropping by -3.1% against the previous year. Overall, the export price recorded a perceptible decrease. The pace of growth appeared the most rapid in 2021 an increase of 35% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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 the UK ($X per ton), while the average price for exports to Turkey ($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 Turkey (+15.8%), while the prices for the other major destinations experienced more modest paces of growth.

Asphalted Paper Imports

Imports into South Africa

In 2022, purchases abroad of tarred, bituminised or asphalted paper and paperboard increased by 0.6% to X tons, rising for the second year in a row after two years of decline. Overall, imports, however, recorded a drastic downturn. The pace of growth appeared the most rapid in 2018 with an increase of 239% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, asphalted paper imports surged to $X in 2022. Over the period under review, imports, however, recorded a noticeable shrinkage. The pace of growth appeared the most rapid in 2018 with an increase of 252% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Italy (X tons) was the main supplier of asphalted paper to South Africa, accounting for a 91% share of total imports. Moreover, asphalted paper imports from Italy exceeded the figures recorded by the second-largest supplier, Austria (X tons), more than tenfold. The third position in this ranking was taken by China (X tons), with a 2.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Italy amounted to -3.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (-3.4% per year) and China (-21.0% per year).

In value terms, Italy ($X) constituted the largest supplier of tarred, bituminised or asphalted paper and paperboard to South Africa, comprising 68% of total imports. The second position in the ranking was held by Austria ($X), with a 17% share of total imports. It was followed by China, with a 2.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy amounted to +1.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (-2.2% per year) and China (-22.8% per year).

Import Prices by Country

The average asphalted paper import price stood at $X per ton in 2022, with an increase of 38% against the previous year. In general, the import price continues to indicate a slight increase. The pace of growth appeared the most rapid in 2013 an increase of 52%. Over the period under review, average import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat 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 ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+22.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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