South Africa: Market for Plastic Hoses and Hose Fittings 2024

Market Size for Plastic Hoses and Hose Fittings in South Africa

The South African market for plastic hoses and hose fittings reduced to $X in 2022, falling by X% against the previous year. Over the period under review, consumption, however, recorded a relatively flat trend pattern. Plastic hose and hose fitting consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Production of Plastic Hoses and Hose Fittings in South Africa

In value terms, plastic hose and hose fitting production expanded slightly to $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of X%. Plastic hose and hose fitting production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Plastic Hoses and Hose Fittings

Exports from South Africa

In 2022, overseas shipments of plastic hoses and hose fittings increased by X% to X tons, rising for the second year in a row after six years of decline. In general, exports, however, saw a relatively flat trend pattern. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, plastic hose and hose fitting exports stood at $X in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Botswana (X tons), Mozambique (X tons) and Swaziland (X tons) were the main destinations of plastic hose and hose fitting exports from South Africa, with a combined X% share of total exports.

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

In value terms, the largest markets for plastic hose and hose fitting exported from South Africa were Mozambique ($X), Swaziland ($X) and Botswana ($X), together accounting for X% of total exports.

Swaziland, with a CAGR of X%, saw the highest growth rate of the value of exports, among 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

The average export price for plastic hoses and hose fittings stood at $X per ton in 2022, dropping by X% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton, and then shrank in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Angola ($X per ton), while the average price for exports to Botswana ($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 Namibia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plastic Hoses and Hose Fittings

Imports into South Africa

In 2022, the amount of plastic hoses and hose fittings imported into South Africa dropped markedly to X tons, reducing by X% compared with the year before. Over the period under review, imports showed a pronounced setback. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, plastic hose and hose fitting imports declined to $X in 2022. In general, imports saw a mild setback. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest plastic hose and hose fitting supplier to South Africa, with a X% share of total imports. Moreover, plastic hose and hose fitting imports from China exceeded the figures recorded by the second-largest supplier, Argentina (X tons), threefold. France (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (X% per year) and France (X% per year).

In value terms, China ($X) constituted the largest supplier of plastic hoses and hose fittings to South Africa, comprising X% of total imports. The second position in the ranking was held by the UK ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (X% per year) and Germany (X% per year).

Import Prices by Country

In 2022, the average import price for plastic hoses and hose fittings amounted to $X per ton, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat 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 Germany ($X per ton), while the price for Botswana ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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