South Africa - Insulating Board - Market Analysis, Forecast, Size, Trends and Insights
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View PricingInsulating Board Price in South Africa - 2023
Contents:
- Insulating Board Price in South Africa (CIF) - 2023
- Insulating Board Price in South Africa (FOB) - 2023
- Insulating Board Imports in South Africa
- Insulating Board Exports in South Africa
Insulating Board Price in South Africa (CIF) - 2023
In July 2023, the average insulating board import price amounted to $402 per cubic meter, picking up by 72% against the previous month. In general, the import price saw a relatively flat trend pattern. The import price peaked at $499 per cubic meter in March 2023; however, from April 2023 to July 2023, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Poland.
From July 2022 to July 2023, the rate of growth in terms of prices for Poland amounted to +0.5% per month.
Insulating Board Price in South Africa (FOB) - 2023
In July 2023, the average insulating board export price amounted to $200 per cubic meter, surging by 77% against the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 when the average export price increased by 483% against the previous month. As a result, the export price attained the peak level of $405 per cubic meter. From December 2022 to July 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In July 2023, the country with the highest price was Mauritius ($1,324 per cubic meter), while the average price for exports to Angola ($21.2 per cubic meter) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Botswana (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.
Insulating Board Imports in South Africa
In 2022, after three years of growth, there was significant decline in overseas purchases of insulating board, when their volume decreased by -20.3% to 6.7K cubic meters. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +9.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 43%. Imports peaked at 8.5K cubic meters in 2021, and then contracted remarkably in the following year.
In value terms, insulating board imports fell to $2.2M in 2022. Overall, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +21.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +78.1% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 63%. Over the period under review, imports hit record highs at $2.4M in 2021, and then reduced in the following year.
| Import of Insulating Board in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 486 | 840 | 1,224 | 1,619 | 49.3% |
| Thailand | N/A | 52.1 | N/A | 180 | 85.9% |
| China | 2.0 | 6.6 | 63.4 | 90.0 | 255.7% |
| Germany | 263 | 239 | 122 | 27.6 | -52.8% |
| India | 41.7 | 87.1 | 176 | N/A | 105.4% |
| Estonia | 385 | 123 | 44.2 | N/A | -66.1% |
| Brazil | N/A | 127 | 88.5 | N/A | -30.3% |
| Others | 63.4 | 554 | 651 | 295 | 66.9% |
| Total | 1,242 | 2,030 | 2,368 | 2,212 | 21.2% |
Top Suppliers of Insulating Board to South Africa in 2022:
- Brazil (undefinedK cubic meters)
- Poland (4.8K cubic meters)
- Thailand (1.2K cubic meters)
- China (0.4K cubic meters)
- Germany (0.1K cubic meters)
Insulating Board Exports in South Africa
In 2022, overseas shipments of insulating board increased by 37% to 5.2K cubic meters for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, showed a abrupt slump. Over the period under review, the exports hit record highs at 7.2K cubic meters in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, insulating board exports skyrocketed to $1.1M in 2022. In general, exports, however, faced a deep setback. Over the period under review, the exports attained the peak figure at $1.6M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Insulating Board in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Namibia | 961 | 460 | 364 | 521 | -18.5% |
| Lesotho | 17.7 | 41.6 | 77.9 | 151 | 104.3% |
| Democratic Republic of the Congo | 31.3 | 15.3 | 75.7 | 95.0 | 44.8% |
| Botswana | 33.2 | 27.4 | 124 | 89.9 | 39.4% |
| Zambia | 382 | 548 | 111 | 89.4 | -38.4% |
| Malawi | 9.4 | N/A | 46.4 | 80.5 | 104.6% |
| Swaziland | 3.1 | 7.3 | 11.7 | 27.4 | 106.8% |
| Zimbabwe | 112 | 21.9 | 3.4 | 9.0 | -56.8% |
| Others | 52.2 | 10.0 | 18.4 | 56.4 | 2.6% |
| Total | 1,602 | 1,131 | 832 | 1,120 | -11.2% |
Top Export Markets for Insulating Board from South Africa in 2022:
- Namibia (3283.0 cubic meters)
- Botswana (774.0 cubic meters)
- Lesotho (367.0 cubic meters)
- Zambia (208.0 cubic meters)
- Malawi (202.0 cubic meters)
- Democratic Republic of the Congo (175.0 cubic meters)
- Swaziland (106.0 cubic meters)
- Zimbabwe (32.0 cubic meters)
This report provides an in-depth analysis of the insulating board market in South Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 1650 - Other fibreboard
Country coverage:
- South Africa
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in South Africa
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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