SADC: Safety Glass Market 2024

Safety Glass Market Size in SADC

The SADC safety glass market amounted to $X in 2022, standing approx. at the previous year. The total consumption indicated a notable 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 decreased by X% against 2020 indices. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Safety Glass Production in SADC

In value terms, safety glass production reached $X in 2022 estimated in export price. The total production indicated moderate 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, production decreased by X% against 2020 indices. The growth pace was the most rapid in 2017 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Safety Glass Exports

Exports in SADC

In 2022, after two years of growth, there was significant decline in shipments abroad of safety glass, when their volume decreased by X% to X square meters. In general, exports saw a mild reduction. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The volume of export peaked at X square meters in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, safety glass exports plummeted to $X in 2022. Over the period under review, exports showed a deep slump. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

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

South Africa was also the fastest-growing in terms of the safety glass 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 safety glass supplier in SADC.

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

Export Prices by Country

In 2022, the export price in SADC amounted to $X per square meter, dropping by X% against the previous year. Over the period under review, the export price continues to indicate a deep setback. The pace of growth was the most pronounced in 2019 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per square meter. 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.

Safety Glass Imports

Imports in SADC

Safety glass imports dropped notably to X square meters in 2022, which is down by X% compared with the previous year's figure. Total imports indicated mild growth 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. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. The volume of import peaked at X square meters in 2021, and then fell notably in the following year.

In value terms, safety glass imports dropped rapidly to $X in 2022. Overall, imports continue to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports reached the peak of $X, and then fell remarkably in the following year.

Imports by Country

South Africa represented the key importing country with an import of about X square meters, which amounted to X% of total imports. It was distantly followed by Zimbabwe (X square meters), Mauritius (X square meters), Angola (X square meters), Tanzania (X square meters) and Botswana (X square meters), together creating a X% share of total imports. Namibia (X square meters), Mozambique (X square meters), Madagascar (X square meters), Zambia (X square meters), Democratic Republic of the Congo (X square meters) and Swaziland (X square meters) followed a long way behind the leaders.

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

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

In South Africa, safety glass imports shrank by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Mauritius (X% per year) and Angola (X% per year).

Import Prices by Country

In 2022, the import price in SADC amounted to $X per square meter, surging by X% against the previous year. Over the period under review, the import price, however, saw a pronounced slump. The pace of growth was the most pronounced in 2021 when the import price increased by X%. The level of import peaked at $X per square meter in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Namibia ($X per square meter), while Madagascar ($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 Swaziland (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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