SADC: Market for Vulcanised Cellular Rubber Articles For Technical Uses 2024

Market Size for Vulcanised Cellular Rubber Articles For Technical Uses in SADC

In 2022, after three years of growth, there was decline in the SADC vulcanised cellular rubber articles market, when its value decreased by X% to $X. The market value 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 in certain years. Over the period under review, the market reached the maximum level at $X in 2021, and then declined in the following year.

Production of Vulcanised Cellular Rubber Articles For Technical Uses in SADC

In value terms, vulcanised cellular rubber articles production contracted modestly to $X in 2022 estimated in export price. Overall, production showed modest growth. The growth pace was the most rapid in 2016 when the production volume increased by X%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Vulcanised Cellular Rubber Articles For Technical Uses

Exports in SADC

In 2022, shipments abroad of vulcanised cellular rubber articles for technical uses was finally on the rise to reach X tons after three years of decline. Over the period under review, exports, however, showed a perceptible descent. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, the exports attained the maximum at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, vulcanised cellular rubber articles exports skyrocketed to $X in 2022. In general, exports, however, saw a perceptible decrease. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

South Africa prevails in exports structure, resulting at X tons, which was approx. X% of total exports in 2022. It was distantly followed by Mauritius (X tons), creating an X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to vulcanised cellular rubber articles exports from South Africa stood at X%. At the same time, Mauritius (X%) displayed positive paces of growth. Moreover, Mauritius emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2022. Mauritius (X p.p.) significantly strengthened its position in terms of the total exports, while South Africa saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, South Africa ($X) remains the largest vulcanised cellular rubber articles supplier in SADC, comprising X% of total exports. The second position in the ranking was taken by Mauritius ($X), with a X% share of total exports.

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

Export Prices by Country

In 2022, the export price in SADC amounted to $X per ton, increasing by X% against the previous year. Export price indicated a modest expansion from 2012 to 2022: its price 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, vulcanised cellular rubber articles export price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the export price increased by X%. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was South Africa ($X per ton), while Mauritius totaled $X per ton.

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

Imports of Vulcanised Cellular Rubber Articles For Technical Uses

Imports in SADC

Vulcanised cellular rubber articles imports dropped rapidly to X tons in 2022, reducing by X% on the previous year. In general, imports saw a mild reduction. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons, and then declined significantly in the following year.

In value terms, vulcanised cellular rubber articles imports fell remarkably to $X in 2022. Overall, imports continue to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

South Africa (X tons), Tanzania (X tons) and Angola (X tons) represented roughly X% of total imports in 2022. It was distantly followed by Zambia (X tons), Botswana (X tons), Democratic Republic of the Congo (X tons), Mauritius (X tons) and Mozambique (X tons), together generating a X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Mauritius (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X) constitutes the largest market for imported vulcanised cellular rubber articles for technical uses in SADC, comprising X% of total imports. The second position in the ranking was held by Zambia ($X), with a X% share of total imports. It was followed by Democratic Republic of the Congo, with an X% share.

In South Africa, vulcanised cellular rubber articles imports plunged by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Zambia (X% per year) and Democratic Republic of the Congo (X% per year).

Import Prices by Country

The import price in SADC stood at $X per ton in 2022, surging by X% against the previous year. Over the period under review, the import price, however, showed a pronounced curtailment. The pace of growth was the most pronounced in 2016 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2017 to 2022, the import prices remained at a somewhat 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 Zambia ($X per ton), while Tanzania ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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