SADC: Plaster Article Market 2024

Plaster Article Market Size in SADC

The SADC plaster article market dropped slightly to $X in 2022, waning by X% against the previous year. The total consumption indicated notable growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2019 indices. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Plaster Article Production in SADC

In value terms, plaster article production fell modestly to $X in 2022 estimated in export price. The total production indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Plaster Article Exports

Exports in SADC

For the third year in a row, SADC recorded growth in overseas shipments of articles of plaster or of compositions based on plaster, which increased by X% to X square meters in 2022. In general, exports enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, plaster article exports amounted to $X in 2022. Total exports indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the immediate term.

Exports by Country

South Africa prevails in exports structure, amounting to X square meters, which was approx. X% of total exports in 2022. It was distantly followed by Tanzania (X square meters), constituting an X% share of total exports.

Exports from South Africa increased at an average annual rate of X% from 2012 to 2022. At the same time, Tanzania (X%) displayed positive paces of growth. Moreover, Tanzania emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2022. Tanzania (X p.p.) significantly strengthened its position in terms of the total exports, while South Africa saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, South Africa ($X) remains the largest plaster article supplier in SADC, comprising X% of total exports. The second position in the ranking was held by Tanzania ($X), with a X% share of total exports.

In South Africa, plaster article exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in SADC amounted to $X per square meter, falling by X% against the previous year. In general, the export price continues to indicate a noticeable contraction. The pace of growth appeared the most rapid in 2021 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs at $X per square meter in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was South Africa ($X per square meter), while Tanzania stood at $X per square meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%).

Plaster Article Imports

Imports in SADC

Plaster article imports reduced to X square meters in 2022, shrinking by X% against the previous year. In general, imports continue to indicate a mild downturn. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X square meters in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, plaster article imports declined slightly to $X in 2022. Over the period under review, imports continue to indicate a mild curtailment. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

The countries with the highest levels of plaster article imports in 2022 were Tanzania (X square meters), South Africa (X square meters) and Angola (X square meters), together finishing at X% of total import. Zimbabwe (X square meters) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Mozambique (X%), Democratic Republic of the Congo (X%), Mauritius (X%) and Zambia (X%).

From 2012 to 2022, the biggest increases were recorded for Democratic Republic of the Congo (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest plaster article importing markets in SADC were Zimbabwe ($X), Angola ($X) and Mauritius ($X), with a combined X% share of total imports. Tanzania, South Africa, Democratic Republic of the Congo, Mozambique and Zambia lagged somewhat behind, together accounting for a further X%.

Democratic Republic of the Congo, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in SADC stood at $X per square meter in 2022, with an increase of X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. Over the period under review, import prices reached the peak figure at $X per square meter in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Mauritius ($X per square meter), while South Africa ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mauritius (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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