SADC: Market for Floor, Wall Or Ceiling Coverings Of Plastics 2024

Market Size for Floor, Wall Or Ceiling Coverings Of Plastics in SADC

In 2023, after two years of growth, there was significant decline in the SADC market for floor, wall or ceiling coverings of plastics, when its value decreased by X% to $X. Over the period under review, consumption saw a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2022, and then reduced remarkably in the following year.

Production of Floor, Wall Or Ceiling Coverings Of Plastics in SADC

In value terms, production of floor, wall or ceiling coverings of plastics declined to $X in 2023 estimated in export price. Overall, production saw a mild setback. The pace of growth was the most pronounced in 2014 when the production volume increased by X% against the previous year. Over the period under review, production of hit record highs at $X in 2018; however, from 2019 to 2023, production failed to regain momentum.

Exports of Floor, Wall Or Ceiling Coverings Of Plastics

Exports in SADC

Exports of floor, wall or ceiling coverings of plastics reached X square meters in 2023, with an increase of X% against 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when exports increased by X%. Over the period under review, the exports of reached the maximum at X square meters in 2015; however, from 2016 to 2023, the exports stood at a somewhat lower figure.

In value terms, exports of floor, wall or ceiling coverings of plastics contracted to $X in 2023. Overall, exports, however, continue to indicate a noticeable descent. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, the exports of attained the maximum at $X in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

Exports by Country

South Africa prevails in plastics structure, finishing at X square meters, which was approx. X% of total exports in 2023. The following exporters - Mauritius (X square meters), Botswana (X square meters) and Namibia (X square meters) - together made up X% of total exports.

South Africa experienced a relatively flat trend pattern with regard to volume of exports of floor, wall or ceiling coverings of plastics. At the same time, Mauritius (X%) and Namibia (X%) displayed positive paces of growth. Moreover, Mauritius emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2023. By contrast, Botswana (X%) illustrated a downward trend over the same period. While the share of South Africa (X p.p.) and Mauritius (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Botswana (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest plastic floor, wall and ceiling coverings supplier in SADC, comprising X% of total exports. The second position in the ranking was taken by Botswana ($X), with a X% share of total exports. It was followed by Mauritius, with a X% share.

In South Africa, exports of floor, wall or ceiling coverings of plastics plunged by an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Botswana (X% per year) and Mauritius (X% per year).

Export Prices by Country

In 2023, the export price in SADC amounted to $X per square meter, with a decrease of X% against the previous year. In general, the export price showed a perceptible contraction. The most prominent rate of growth was recorded in 2017 when the export price increased by X%. The level of export peaked at $X per square meter in 2012; however, from 2013 to 2023, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Botswana ($X per square meter), while Namibia ($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 Mauritius (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Floor, Wall Or Ceiling Coverings Of Plastics

Imports in SADC

In 2023, after three years of growth, there was significant decline in supplies from abroad of floor, wall or ceiling coverings of plastics, when their volume decreased by X% to X square meters. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, imports of attained the peak figure at X square meters in 2022, and then dropped sharply in the following year.

In value terms, imports of floor, wall or ceiling coverings of plastics declined rapidly to $X in 2023. Overall, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports of reached the maximum at $X in 2022, and then shrank dramatically in the following year.

Imports by Country

In 2023, South Africa (X square meters) represented the main importer of floor, wall or ceiling coverings of plastics, making up X% of total imports. Tanzania (X square meters) ranks second in terms of the total imports with a X% share, followed by Angola (X%) and Mauritius (X%). Madagascar (X square meters) took a relatively small share of total imports.

South Africa experienced a relatively flat trend pattern with regard to volume of imports of floor, wall or ceiling coverings of plastics. At the same time, Mauritius (X%), Madagascar (X%) and Tanzania (X%) displayed positive paces of growth. Moreover, Mauritius emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2023. By contrast, Angola (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Mauritius and Tanzania increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported floor, wall or ceiling coverings of plastics in SADC, comprising X% of total imports. The second position in the ranking was held by Angola ($X), with a X% share of total imports. It was followed by Mauritius, with a X% share.

From 2012 to 2023, the average annual growth rate of value in South Africa stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Angola (X% per year) and Mauritius (X% per year).

Import Prices by Country

In 2023, the import price in SADC amounted to $X per square meter, rising by X% against the previous year. Overall, the import price, however, showed a mild curtailment. The most prominent rate of growth was recorded in 2021 when the import price increased by X%. Over the period under review, import prices attained the peak figure at $X per square meter in 2012; however, from 2013 to 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Mauritius ($X per square meter), while Madagascar ($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 Madagascar (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform