SADC: Agglomerated Powder Rod Market 2024

Agglomerated Powder Rod Market Size in SADC

The SADC agglomerated powder rod market declined modestly to $X in 2022, shrinking by X% against the previous year. The total consumption indicated a buoyant 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, consumption decreased by X% against 2019 indices. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Agglomerated Powder Rod Production in SADC

In value terms, agglomerated powder rod production dropped to $X in 2022 estimated in export price. Over the period under review, production enjoyed a prominent expansion. The pace of growth was the most pronounced in 2015 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Agglomerated Powder Rod Exports

Exports in SADC

In 2022, agglomerated powder rod exports in SADC soared to X tons, increasing by X% compared with the year before. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, agglomerated powder rod exports skyrocketed to $X in 2022. Overall, exports, however, continue to indicate a relatively flat trend pattern. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

South Africa prevails in exports structure, accounting for X tons, which was near X% of total exports in 2022. Tanzania (X tons) held a minor 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 the shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2022, the average annual growth rate of value in South Africa was relatively modest.

Export Prices by Country

The export price in SADC stood at $X per ton in 2022, remaining relatively unchanged against the previous year. Over the period under review, the export price saw a perceptible downturn. The pace of growth was the most pronounced in 2021 an increase of X%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a 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 ton), while Tanzania amounted to $X per ton.

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

Agglomerated Powder Rod Imports

Imports in SADC

In 2022, supplies from abroad of base metal wire and rods of agglomerated base powder increased by X% to X tons, rising for the second consecutive year after four years of decline. In general, imports, however, recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of X%. The volume of import peaked at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, agglomerated powder rod imports totaled $X in 2022. Over the period under review, imports, however, continue to indicate a deep reduction. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

South Africa dominates imports structure, finishing at X tons, which was approx. X% of total imports in 2022. Mozambique (X tons) held the second position in the ranking, followed by Zambia (X tons). All these countries together held near X% share of total imports. The following importers - Tanzania (X tons), Mauritius (X tons), Botswana (X tons), Zimbabwe (X tons), Malawi (X tons), Democratic Republic of the Congo (X tons), Angola (X tons), Namibia (X tons), Comoros (X tons) and Swaziland (X tons) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to agglomerated powder rod imports into South Africa stood at X%. At the same time, Comoros (X%), Malawi (X%), Swaziland (X%), Namibia (X%), Mauritius (X%) and Botswana (X%) displayed positive paces of growth. Moreover, Comoros emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2022. Zambia and Zimbabwe experienced a relatively flat trend pattern. By contrast, Mozambique (X%), Democratic Republic of the Congo (X%), Tanzania (X%) and Angola (X%) illustrated a downward trend over the same period. While the share of Malawi (X p.p.), Mauritius (X p.p.), Zambia (X p.p.), Botswana (X p.p.), Comoros (X p.p.), Namibia (X p.p.) and Mozambique (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Tanzania (X p.p.), Angola (X p.p.) and South Africa (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported base metal wire and rods of agglomerated base powder in SADC, comprising X% of total imports. The second position in the ranking was taken by Namibia ($X), with an X% share of total imports. It was followed by Mozambique, with a X% share.

In South Africa, agglomerated powder rod imports declined by an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Namibia (X% per year) and Mozambique (X% per year).

Import Prices by Country

In 2022, the import price in SADC amounted to $X per ton, leveling off at the previous year. In general, the import price, however, showed a mild contraction. The pace of growth was the most pronounced in 2018 when the import price increased by X% against the previous year. Over the period under review, import prices reached the peak figure at $X per ton 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 Namibia ($X per ton), while Comoros ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Namibia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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