SADC: Vulcanised Rubber Erases Market 2024

Vulcanised Rubber Erases Market Size in SADC

In 2022, the SADC vulcanised rubber erases market increased by X% to $X, rising for the second consecutive year after two years of decline. The total consumption indicated a buoyant 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, consumption increased by X% against 2020 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Vulcanised Rubber Erases Production in SADC

In value terms, vulcanised rubber erases production reached $X in 2022 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2022, production growth remained at a somewhat lower figure.

Vulcanised Rubber Erases Exports

Exports in SADC

In 2022, the amount of erasers of vulcanised rubber exported in SADC amounted to X tons, approximately reflecting 2021 figures. Total exports indicated a modest increase from 2012 to 2022: its volume 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 2020 indices. The pace of growth appeared the most rapid in 2019 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, vulcanised rubber erases exports fell to $X in 2022. Overall, exports enjoyed a modest increase. The pace of growth was the most pronounced in 2019 with an increase of X%. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

In 2022, South Africa (X tons) was the key exporter of erasers of vulcanised rubber in SADC, committing X% of total export.

South Africa was also the fastest-growing in terms of the erasers of vulcanised rubber exports, with a CAGR of X% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) also remains the largest vulcanised rubber erases supplier in SADC.

From 2012 to 2022, the average annual growth rate of value in South Africa totaled X%.

Export Prices by Country

The export price in SADC stood at $X per ton in 2022, with a decrease of X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for South Africa.

From 2012 to 2022, the rate of growth in terms of prices for South Africa amounted to X% per year.

Vulcanised Rubber Erases Imports

Imports in SADC

In 2022, purchases abroad of erasers of vulcanised rubber increased by X% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, imports showed a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, vulcanised rubber erases imports soared to $X in 2022. Total imports indicated a modest 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, imports increased by X% against 2020 indices. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

South Africa represented the main importing country with an import of about X tons, which resulted at X% of total imports. Angola (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Mozambique (X%). Madagascar (X tons), Zambia (X tons), Democratic Republic of the Congo (X tons) and Tanzania (X tons) followed a long way behind the leaders.

Imports into South Africa increased at an average annual rate of X% from 2012 to 2022. At the same time, Zambia (X%), Mozambique (X%), Democratic Republic of the Congo (X%), Angola (X%) and Madagascar (X%) displayed positive paces of growth. Moreover, Zambia emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2022. By contrast, Tanzania (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of South Africa, Mozambique, Angola, Democratic Republic of the Congo and Zambia increased by X, X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported erasers of vulcanised rubber in SADC, comprising X% of total imports. The second position in the ranking was taken by Mozambique ($X), with a X% share of total imports. It was followed by Angola, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: Mozambique (X% per year) and Angola (X% per year).

Import Prices by Country

In 2022, the import price in SADC amounted to $X per ton, shrinking by X% against the previous year. Over the period under review, the import price showed a deep slump. The most prominent rate of growth was recorded in 2017 when the import price increased by X%. Over the period under review, import prices hit record highs at $X per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Tanzania ($X per ton), while Democratic Republic of the Congo ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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