South Africa: Market for Tube Or Pipe Fittings Of Non-Malleable Cast Iron 2020

Market Size for Tube Or Pipe Fittings Of Non-Malleable Cast Iron in South Africa

The revenue of the market for tube or pipe fittings of non-malleable cast iron in South Africa amounted to $X in 2018, leveling off at the previous year. Overall, consumption of tube or pipe fittings of non-malleable cast iron continues to indicate a moderate decrease. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. Consumption of tube or pipe fittings of non-malleable cast iron peaked at $X in 2008; however, from 2009 to 2018, consumption failed to regain its momentum.

Production of Tube Or Pipe Fittings Of Non-Malleable Cast Iron in South Africa

In value terms, production of tube or pipe fittings of non-malleable cast iron stood at $X in 2018 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2016 with an increase of X% y-o-y. Over the period under review, production of tube or pipe fittings of non-malleable cast iron attained its maximum level in 2018 and is expected to retain its growth in the near future.

Exports of Tube Or Pipe Fittings Of Non-Malleable Cast Iron

Exports from South Africa

In 2018, approx. X tons of tube or pipe fittings of non-malleable cast iron were exported from South Africa; growing by X% against the previous year. In general, exports of tube or pipe fittings of non-malleable cast iron continue to indicate a strong increase. The growth pace was the most rapid in 2008 when exports increased by X% y-o-y. Over the period under review, exports of tube or pipe fittings of non-malleable cast iron reached their maximum at X tons in 2013; however, from 2014 to 2018, exports remained at a lower figure.

In value terms, exports of tube or pipe fittings of non-malleable cast iron totaled $X in 2018. Over the period under review, exports of tube or pipe fittings of non-malleable cast iron continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2010 when exports increased by X% year-to-year. Exports peaked at $X in 2011; however, from 2012 to 2018, exports failed to regain their momentum.

Exports by Country

Lesotho (X tons), Mozambique (X tons) and Namibia (X tons) were the main destinations of exports of tube or pipe fittings of non-malleable cast iron from South Africa, with a combined X% share of total exports. These countries were followed by Swaziland, Botswana, Zambia, Australia, Qatar, Zimbabwe, Democratic Republic of the Congo, Jordan and Nigeria, which together accounted for a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Australia (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Mozambique ($X), Namibia ($X) and Swaziland ($X) appeared to be the largest markets for non-malleable cast iron pipe fittings exported from South Africa worldwide, together comprising X% of total exports. Lesotho, Zambia, Botswana, Australia, Qatar, Nigeria, Jordan, Zimbabwe and Democratic Republic of the Congo lagged somewhat behind, together accounting for a further X (+X% per year) recorded the highest rates of growth with regard to exports, in terms of the main countries of destination over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for tube or pipe fittings of non-malleable cast iron stood at $X per ton in 2018, picking up by X% against the previous year. Overall, the export price indicated tangible growth from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2010 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2011; however, from 2012 to 2018, export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Nigeria ($X per ton), while the average price for exports to Lesotho ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Jordan, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tube Or Pipe Fittings Of Non-Malleable Cast Iron

Imports into South Africa

In 2018, the imports of tube or pipe fittings of non-malleable cast iron into South Africa stood at X tons, stabilizing at the previous year. In general, imports of tube or pipe fittings of non-malleable cast iron continue to indicate resilient growth. The pace of growth was the most pronounced in 2010 with an increase of X% y-o-y. In that year, imports of tube or pipe fittings of non-malleable cast iron attained their peak of X tons. From 2011 to 2018, the growth of imports of tube or pipe fittings of non-malleable cast iron failed to regain its momentum.

In value terms, imports of tube or pipe fittings of non-malleable cast iron amounted to $X in 2018. In general, imports of tube or pipe fittings of non-malleable cast iron continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2010 when imports increased by X% y-o-y. In that year, imports of tube or pipe fittings of non-malleable cast iron reached their peak of $X. From 2011 to 2018, the growth of imports of tube or pipe fittings of non-malleable cast iron remained at a lower figure.

Imports by Country

In 2018, China (X tons) constituted the largest supplier of non-malleable cast iron pipe fittings to South Africa, with a X% share of total imports. Moreover, imports of tube or pipe fittings of non-malleable cast iron from China exceeded the figures recorded by the second-largest supplier, India (X tons), fourfold. The third position in this ranking was occupied by Australia (X tons), with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+X% per year) and Australia (+X% per year).

In value terms, China ($X) constituted the largest supplier of non-malleable cast iron pipe fittings to South Africa, comprising X% of total imports of tube or pipe fittings of non-malleable cast iron. The second position in the ranking was occupied by Italy ($X), with a X% share of total imports. It was followed by India, with a X% share.

From 2007 to 2018, the average annual growth rate of value from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+X% per year) and India (+X% per year).

Import Prices by Country

In 2018, the average import price for tube or pipe fittings of non-malleable cast iron amounted to $X per ton, surging by X% against the previous year. Overall, the import price for tube or pipe fittings of non-malleable cast iron, however, continues to indicate a slight decline. The growth pace was the most rapid in 2012 an increase of X% year-to-year. Over the period under review, the average import prices for tube or pipe fittings of non-malleable cast iron attained their maximum at $X per ton in 2007; however, from 2008 to 2018, import prices failed to regain their momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Italy ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Italy, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform