South Africa: Market for Iron Or Steel Doors, Thresholds For Doors And Windows 2024

Market Size for Iron Or Steel Doors, Thresholds For Doors And Windows in South Africa

The South African market for iron or steel doors, thresholds for doors and windows rose sharply to $X in 2022, with an increase of 7.7% against the previous year. In general, the total consumption indicated measured growth from 2012 to 2022: its value increased at an average annual rate of +2.4% 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 -7.5% against 2020 indices. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Production of Iron Or Steel Doors, Thresholds For Doors And Windows in South Africa

In value terms, production of iron or steel doors, thresholds for doors and windows rose markedly to $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 31%. As a result, production reached the peak level of $X. From 2021 to 2022, production of growth failed to regain momentum.

Exports of Iron Or Steel Doors, Thresholds For Doors And Windows

Exports from South Africa

Exports of iron or steel doors, thresholds for doors and windows from South Africa contracted notably to X units in 2022, shrinking by -17.7% against the previous year. In general, exports saw a abrupt downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 15%. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, exports of iron or steel doors, thresholds for doors and windows dropped to $X in 2022. Overall, exports saw a abrupt shrinkage. The growth pace was the most rapid in 2021 with an increase of 21% against the previous year. Over the period under review, the exports of reached the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Lesotho (X units), Namibia (X units) and Swaziland (X units) were the main destinations of exports of iron or steel doors, thresholds for doors and windows from South Africa, with a combined 68% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Lesotho (with a CAGR of +16.2%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for iron or steel window and door exported from South Africa were Namibia ($X), Swaziland ($X) and Botswana ($X), with a combined 49% share of total exports. Lesotho, Zimbabwe, Zambia, Mozambique, Democratic Republic of the Congo, Malawi and the UK lagged somewhat behind, together accounting for a further 37%.

Zimbabwe, with a CAGR of -0.4%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average export price for iron or steel doors, thresholds for doors and windows stood at $X per unit in 2022, increasing by 7.6% against the previous year. Overall, the export price, however, showed a pronounced setback. The most prominent rate of growth was recorded in 2017 when the average export price increased by 18% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Lesotho ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+9.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iron Or Steel Doors, Thresholds For Doors And Windows

Imports into South Africa

In 2022, supplies from abroad of iron or steel doors, thresholds for doors and windows decreased by -43% to X units, falling for the second consecutive year after three years of growth. Over the period under review, imports continue to indicate a noticeable decrease. The pace of growth appeared the most rapid in 2020 when imports increased by 25% against the previous year. As a result, imports reached the peak of X units. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of iron or steel doors, thresholds for doors and windows fell markedly to $X in 2022. In general, imports recorded a pronounced decline. The pace of growth was the most pronounced in 2018 when imports increased by 38%. Over the period under review, imports of hit record highs at $X in 2021, and then declined rapidly in the following year.

Imports by Country

China (X units), Botswana (X units) and Namibia (X units) were the main suppliers of imports of iron or steel doors, thresholds for doors and windows to South Africa, with a combined 87% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Namibia (with a CAGR of +24.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of iron or steel doors, thresholds for doors and windows to South Africa, comprising 37% of total imports. The second position in the ranking was held by Botswana ($X), with a 15% share of total imports. It was followed by Namibia, with a 6.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to -3.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Botswana (+4.7% per year) and Namibia (+33.7% per year).

Import Prices by Country

In 2022, the average import price for iron or steel doors, thresholds for doors and windows amounted to $X per unit, picking up by 11% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 32%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to continue growth in the immediate term.

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 Germany ($X per unit), while the price for Botswana ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Namibia (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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