SADC: Market for Float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground 2024

Market Size for Float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground in SADC

The SADC market for float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground fell slightly to $X in 2023, declining by X% against the previous year. The total consumption indicated pronounced growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2019 indices. Over the period under review, the market attained the peak level at $X in 2022, and then contracted in the following year.

Production of Float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground in SADC

In value terms, production of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground fell modestly to $X in 2023 estimated in export price. Over the period under review, production, however, enjoyed temperate growth. The pace of growth was the most pronounced in 2020 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2021 to 2023, production of growth failed to regain momentum.

Exports of Float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground

Exports in SADC

In 2023, after two years of growth, there was significant decline in overseas shipments of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground, when their volume decreased by X% to X square meters. Total exports indicated a noticeable increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2013 with an increase of X%. The volume of export peaked at X square meters in 2014; however, from 2015 to 2023, the exports failed to regain momentum.

In value terms, exports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground plummeted to $X in 2023. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout mass (body tinted), opacified, flashed or merely surface ground reached the peak figure at $X in 2022, and then reduced remarkably in the following year.

Exports by Country

South Africa prevails in ground structure, amounting to X square meters, which was near X% of total exports in 2023. It was distantly followed by Tanzania (X square meters), generating an X% share of total exports.

Exports from South Africa increased at an average annual rate of X% from 2012 to 2023. At the same time, Tanzania (X%) displayed positive paces of growth. Moreover, Tanzania emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2023. Tanzania (X p.p.) significantly strengthened its position in terms of the total exports, while South Africa saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, South Africa ($X) remains the largest float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground supplier in SADC, comprising X% of total exports. The second position in the ranking was held by Tanzania ($X), with a X% share of total exports.

In South Africa, exports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground plunged by an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

The export price in SADC stood at $X per square meter in 2023, declining by X% against the previous year. In general, the export price recorded a perceptible descent. The pace of growth was the most pronounced in 2016 an increase of X%. Over the period under review, the export prices hit record highs at $X per square meter in 2012; however, from 2013 to 2023, the export prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was South Africa ($X per square meter), while Tanzania amounted to $X per square meter.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by South Africa (X%).

Imports of Float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground

Imports in SADC

In 2023, purchases abroad of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground increased by X% to X square meters, rising for the third consecutive year after two years of decline. The total import volume increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout mass (body tinted), opacified, flashed or merely surface ground hit record highs in 2023 and are expected to retain growth in the immediate term.

In value terms, imports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground contracted to $X in 2023. The total import value increased at an average annual rate of X% from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by X%. The level of import peaked at $X in 2022, and then contracted in the following year.

Imports by Country

Tanzania was the largest importing country with an import of about X square meters, which recorded X% of total imports. Zimbabwe (X square meters) took the second position in the ranking, distantly followed by Mozambique (X square meters). All these countries together held near X% share of total imports. Angola (X square meters), Democratic Republic of the Congo (X square meters), Zambia (X square meters), Lesotho (X square meters), Madagascar (X square meters), South Africa (X square meters), Mauritius (X square meters) and Botswana (X square meters) followed a long way behind the leaders.

Tanzania was also the fastest-growing in terms of the float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground imports, with a CAGR of X% from 2012 to 2023. At the same time, Madagascar (X%), Lesotho (X%), Mozambique (X%), Zimbabwe (X%), Democratic Republic of the Congo (X%) and Botswana (X%) displayed positive paces of growth. By contrast, Zambia (X%), Mauritius (X%), Angola (X%) and South Africa (X%) illustrated a downward trend over the same period. Tanzania (X p.p.), Zimbabwe (X p.p.), Mozambique (X p.p.), Lesotho (X p.p.), Madagascar (X p.p.) and Democratic Republic of the Congo (X p.p.) significantly strengthened its position in terms of the total imports, while Zambia, Angola and South Africa saw its share reduced by X%, X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Tanzania ($X), Zimbabwe ($X) and Mozambique ($X) were the countries with the highest levels of imports in 2023, with a combined X% share of total imports.

Zimbabwe, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in SADC amounted to $X per square meter, with a decrease of X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per square meter in 2014; however, from 2015 to 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Mauritius ($X per square meter), while Lesotho ($X per square meter) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Angola (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform