South Africa: Plaster Article Market 2024

Plaster Article Market Size in South Africa

The South African plaster article market fell to $X in 2022, shrinking by X% against the previous year. In general, the total consumption indicated a notable expansion 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 2019 indices. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Plaster Article Production in South Africa

In value terms, plaster article production declined slightly to $X in 2022 estimated in export price. Over the period under review, the total production indicated noticeable growth 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, production decreased by X% against 2019 indices. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Plaster article production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Plaster Article Exports

Exports from South Africa

In 2022, plaster article exports from South Africa amounted to X square meters, increasing by X% against the previous year's figure. Over the period under review, total exports indicated a strong expansion 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 2019 indices. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, plaster article exports rose remarkably to $X in 2022. In general, total exports indicated buoyant growth 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, exports increased by X% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Zimbabwe (X square meters), Botswana (X square meters) and Zambia (X square meters) were the main destinations of plaster article exports from South Africa, together accounting for X% of total exports. Namibia, Swaziland, Mozambique, Lesotho and Malawi lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Lesotho (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Zimbabwe ($X), Botswana ($X) and Zambia ($X) appeared to be the largest markets for plaster article exported from South Africa worldwide, together accounting for X% of total exports.

Among the main countries of destination, Zimbabwe, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average plaster article export price stood at $X per square meter in 2022, reducing by X% against the previous year. Overall, the export price recorded a pronounced descent. The pace of growth appeared the most rapid in 2021 when the average export price increased by X% against the previous year. The export price peaked at $X per square meter in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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 Namibia ($X per square meter), while the average price for exports to Mozambique ($X per square meter) was amongst the lowest.

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

Plaster Article Imports

Imports into South Africa

In 2022, imports of articles of plaster or of compositions based on plaster into South Africa dropped dramatically to X square meters, shrinking by X% compared with the previous year. Overall, imports saw a abrupt setback. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Imports peaked at X square meters in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, plaster article imports reduced to $X in 2022. Over the period under review, imports showed a abrupt descent. The growth pace was the most rapid in 2021 with an increase of X%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

China (X square meters), Saudi Arabia (X square meters) and Mauritius (X square meters) were the main suppliers of plaster article imports to South Africa, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Saudi Arabia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of articles of plaster or of compositions based on plaster to South Africa, comprising X% of total imports. The second position in the ranking was taken by Saudi Arabia ($X), with a X% share of total imports. It was followed by the United Arab Emirates, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (X% per year) and the United Arab Emirates (X% per year).

Import Prices by Country

The average plaster article import price stood at $X per square meter in 2022, surging by X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% against the previous year. The import price peaked at $X per square meter in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($X per square meter), while the price for Saudi Arabia ($X per square meter) was amongst the lowest.

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

Source: IndexBox Platform

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