SADC: Flat Glass Market 2024

Flat Glass Market Size in SADC

After two years of decline, the SADC flat glass market increased by 10% to $X in 2021. The market value increased at an average annual rate of +2.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.

Flat Glass Production in SADC

In value terms, flat glass production rose modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2018 with an increase of 31%. As a result, production reached the peak level of $X. From 2019 to 2021, production growth remained at a somewhat lower figure.

Flat Glass Exports

Exports in SADC

In 2021, flat glass exports in SADC surged to X tons, picking up by 39% against the previous year. In general, exports, however, saw a slight curtailment. The volume of export peaked at X tons in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, flat glass exports soared to $X in 2021. Overall, exports, however, recorded a pronounced reduction. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

South Africa prevails in exports structure, amounting to X tons, which was near 93% of total exports in 2021. It was distantly followed by Tanzania (X tons), mixing up a 6.2% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to flat glass exports from South Africa stood at -2.4%. At the same time, Tanzania (+23.4%) displayed positive paces of growth. Moreover, Tanzania emerged as the fastest-growing exporter exported in SADC, with a CAGR of +23.4% from 2012-2021. While the share of Tanzania (+5.4 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of South Africa (-5.5 p.p.) displayed negative dynamics.

In value terms, South Africa ($X) remains the largest flat glass supplier in SADC, comprising 90% of total exports. The second position in the ranking was held by Tanzania ($X), with an 8.6% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in South Africa amounted to -3.9%.

Export Prices by Country

In 2021, the export price in SADC amounted to $X per ton, shrinking by -2.5% against the previous year. Over the period under review, the export price saw a mild curtailment. The growth pace was the most rapid in 2018 when the export price increased by 26%. The level of export peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2021, the country with the highest price was Tanzania ($X per ton), while South Africa amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Tanzania (+0.9%).

Flat Glass Imports

Imports in SADC

In 2021, the amount of flat glass imported in SADC soared to X tons, picking up by 37% against the previous year's figure. Total imports indicated a remarkable increase from 2012 to 2021: its volume increased at an average annual rate of +5.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, flat glass imports surged to $X in 2021. The total import value increased at an average annual rate of +3.7% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Tanzania (X tons), Democratic Republic of the Congo (X tons) and South Africa (X tons) represented roughly 63% of total imports in 2021. Zimbabwe (X tons) ranks next in terms of the total imports with an 8.1% share, followed by Angola (6.6%), Mozambique (5.4%) and Mauritius (5%).

From 2012 to 2021, the biggest increases were recorded for Democratic Republic of the Congo (with a CAGR of +25.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest flat glass importing markets in SADC were Tanzania ($X), South Africa ($X) and Democratic Republic of the Congo ($X), together comprising 59% of total imports.

Democratic Republic of the Congo, with a CAGR of +20.4%, saw the highest rates of growth with regard to the value of imports, among 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

In 2021, the import price in SADC amounted to $X per ton, picking up by 14% against the previous year. Over the period under review, the import price, however, continues to indicate a mild decline. Over the period under review, import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mauritius (+4.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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