South Africa: Bituminous Mixtures Market 2024

Bituminous Mixtures Market Size in South Africa

The South African bituminous mixtures market expanded modestly to $X in 2022, rising by X% against the previous year. In general, the total consumption indicated a slight increase 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. Bituminous mixtures consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Bituminous Mixtures Production in South Africa

In value terms, bituminous mixtures production expanded slightly to $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

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Bituminous Mixtures Exports

Exports from South Africa

In 2022, shipments abroad of bituminous mixtures increased by X% to X tons, rising for the second consecutive year after three years of decline. Over the period under review, total exports indicated a measured 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 growth pace was the most rapid in 2017 with an increase of X%. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, bituminous mixtures exports soared to $X in 2022. In general, exports continue to indicate slight growth. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Lesotho (X tons) was the main destination for bituminous mixtures exports from South Africa, with a X% share of total exports. Moreover, bituminous mixtures exports to Lesotho exceeded the volume sent to the second major destination, Zimbabwe (X tons), fourfold. The third position in this ranking was taken by Zambia (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Lesotho stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Zimbabwe (X% per year) and Zambia (X% per year).

In value terms, Lesotho ($X) emerged as the key foreign market for bituminous mixtures exports from South Africa, comprising X% of total exports. The second position in the ranking was held by Zimbabwe ($X), with a X% share of total exports. It was followed by Zambia, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Lesotho amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Zimbabwe (X% per year) and Zambia (X% per year).

Export Prices by Country

In 2022, the average bituminous mixtures export price amounted to $X per ton, rising by X% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tanzania ($X per ton), while the average price for exports to Botswana ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tanzania (X%), while the prices for the other major destinations experienced more modest paces of growth.

Bituminous Mixtures Imports

Imports into South Africa

In 2022, after two years of growth, there was significant decline in purchases abroad of bituminous mixtures, when their volume decreased by X% to X tons. Overall, imports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports reached the peak of X tons, and then fell rapidly in the following year.

In value terms, bituminous mixtures imports fell dramatically to $X in 2022. Over the period under review, imports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2020 with an increase of X%. Imports peaked at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

Belgium (X tons), China (X tons) and France (X tons) were the main suppliers of bituminous mixtures imports to South Africa, together comprising X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, France ($X), Belgium ($X) and China ($X) appeared to be the largest bituminous mixtures suppliers to South Africa, with a combined X% share of total imports.

Belgium, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average bituminous mixtures import price amounted to $X per ton, jumping by X% against the previous year. Overall, the import price, however, saw a deep slump. The pace of growth was the most pronounced in 2020 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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