SADC: Prisms And Mirrors Market 2024

Prisms And Mirrors Market Size in SADC

The SADC prisms and mirrors market dropped modestly to $X in 2022, which is down by X% against the previous year. In general, consumption, however, showed strong growth. Over the period under review, the market reached the peak level at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Prisms And Mirrors Production in SADC

In value terms, prisms and mirrors production contracted to $X in 2022 estimated in export price. In general, production, however, saw a strong increase. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. The level of production peaked at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Prisms And Mirrors Exports

Exports in SADC

In 2022, approx. X tons of prisms and mirrors were exported in SADC; picking up by X% on 2021 figures. In general, exports enjoyed significant growth. 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 attained the peak figure in 2022 and are likely to continue growth in years to come.

In value terms, prisms and mirrors exports skyrocketed to $X in 2022. Over the period under review, exports enjoyed a buoyant increase. 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 attained the maximum in 2022 and are expected to retain growth in the near future.

Exports by Country

The shipments of the one major exporters of prisms and mirrors, namely South Africa, represented more than two-thirds of total export.

South Africa was also the fastest-growing in terms of the prisms and mirrors exports, with a CAGR of X% from 2012 to 2022. From 2012 to 2022, the share of South Africa increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) also remains the largest prisms and mirrors supplier in SADC.

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

Export Prices by Country

The export price in SADC stood at $X per ton in 2022, surging by X% against the previous year. In general, the export price, however, recorded a abrupt setback. The most prominent rate of growth was recorded in 2018 when the export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2019 to 2022, the export prices remained at a somewhat 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.

Prisms And Mirrors Imports

Imports in SADC

In 2022, supplies from abroad of prisms and mirrors increased by X% to X tons, rising for the second year in a row after two years of decline. Over the period under review, imports enjoyed strong growth. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, prisms and mirrors imports rose significantly to $X in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

South Africa dominates imports structure, finishing at X tons, which was near X% of total imports in 2022. It was distantly followed by Democratic Republic of the Congo (X tons), achieving a X% share of total imports. The following importers - Mauritius (X tons), Swaziland (X tons), Mozambique (X tons), Angola (X tons) and Zambia (X tons) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to prisms and mirrors imports into South Africa stood at X%. At the same time, Democratic Republic of the Congo (X%) and Swaziland (X%) displayed positive paces of growth. Moreover, Democratic Republic of the Congo emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2022. By contrast, Angola (X%), Mozambique (X%), Mauritius (X%) and Zambia (X%) illustrated a downward trend over the same period. South Africa (X p.p.), Democratic Republic of the Congo (X p.p.) and Swaziland (X p.p.) significantly strengthened its position in terms of the total imports, while Angola, Mozambique, Zambia and Mauritius saw its share reduced by X%, X%, X% and X% from 2012 to 2022, respectively.

In value terms, South Africa ($X) constitutes the largest market for imported prisms and mirrors in SADC, comprising X% of total imports. The second position in the ranking was held by Swaziland ($X), with a X% share of total imports. It was followed by Mauritius, with a X% share.

From 2012 to 2022, the average annual growth rate of value in South Africa totaled X%. In the other countries, the average annual rates were as follows: Swaziland (X% per year) and Mauritius (X% per year).

Import Prices by Country

The import price in SADC stood at $X per ton in 2022, which is down by X% against the previous year. Overall, the import price continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2015 when the import price increased by X%. The level of import peaked at $X per ton in 2016; however, from 2017 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 Swaziland ($X per ton), while Zambia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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