South Africa: Market for Multiple-Walled Insulating Units Of Glass 2023

Market Size for Multiple-Walled Insulating Units Of Glass in South Africa

The South African multiple-walled insulating glass unit market reached $X in 2021, increasing by 2% against the previous year. In general, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Multiple-Walled Insulating Units Of Glass in South Africa

In value terms, multiple-walled insulating glass unit production rose slightly to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of 16% against the previous year. Multiple-walled insulating glass unit production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Multiple-Walled Insulating Units Of Glass

Exports from South Africa

In 2021, after three years of decline, there was significant growth in overseas shipments of multiple-walled insulating units of glass, when their volume increased by 185% to X square meters. In general, exports saw significant growth. The pace of growth was the most pronounced in 2013 with an increase of 1,062%. The exports peaked at X square meters in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, multiple-walled insulating glass unit exports surged to $X in 2021. Overall, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2013 when exports increased by 498%. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

Exports by Country

Namibia (X square meters) was the main destination for multiple-walled insulating glass unit exports from South Africa, with a 57% share of total exports. Moreover, multiple-walled insulating glass unit exports to Namibia exceeded the volume sent to the second major destination, Nigeria (X square meters), twofold. Lesotho (X square meters) ranked third in terms of total exports with a 4.4% share.

From 2012 to 2021, the average annual growth rate of volume to Namibia stood at +47.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Nigeria (+87.3% per year) and Lesotho (+33.5% per year).

In value terms, Nigeria ($X), Namibia ($X) and Mozambique ($X) were the largest markets for multiple-walled insulating glass unit exported from South Africa worldwide, with a combined 92% share of total exports.

Mozambique, with a CAGR of +84.0%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average multiple-walled insulating glass unit export price amounted to $X per square meter, rising by 34% against the previous year. In general, export price indicated slight growth from 2012 to 2021: its price increased at an average annual rate of +1.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 when the average export price increased by 39%. Over the period under review, the average export prices reached the peak figure in 2021 and is likely to see gradual growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Nigeria ($X per square meter), while the average price for exports to Lesotho ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Namibia (+2.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Multiple-Walled Insulating Units Of Glass

Imports into South Africa

In 2021, overseas purchases of multiple-walled insulating units of glass increased by 71% to X square meters, rising for the second consecutive year after three years of decline. Over the period under review, imports, however, recorded a abrupt setback. The most prominent rate of growth was recorded in 2014 with an increase of 119% against the previous year. Over the period under review, imports hit record highs at X square meters in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, multiple-walled insulating glass unit imports expanded sharply to $X in 2021. Overall, imports, however, saw a noticeable descent. The pace of growth appeared the most rapid in 2014 when imports increased by 161%. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, the United Arab Emirates (X square meters) constituted the largest multiple-walled insulating glass unit supplier to South Africa, with a 75% share of total imports. Moreover, multiple-walled insulating glass unit imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, the United States (X square meters), sevenfold. The third position in this ranking was taken by Germany (X square meters), with a 7.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United Arab Emirates totaled +51.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+97.3% per year) and Germany (+7.3% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of multiple-walled insulating units of glass to South Africa, comprising 58% of total imports. The second position in the ranking was taken by Germany ($X), with a 14% share of total imports. It was followed by the United States, with a 12% share.

From 2012 to 2021, the average annual growth rate of value from the United Arab Emirates totaled +58.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+1.6% per year) and the United States (+66.3% per year).

Import Prices by Country

In 2021, the average multiple-walled insulating glass unit import price amounted to $X per square meter, falling by -35.3% against the previous year. Over the period under review, the import price, however, continues to indicate a resilient increase. The growth pace was the most rapid in 2013 when the average import price increased by 104%. The import price peaked at $X per square meter in 2020, and then dropped markedly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Spain ($X per square meter), while the price for China ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+29.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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