SADC: Market for Iron Or Steel Anchors, Grapnels 2024

Market Size for Iron Or Steel Anchors, Grapnels in SADC

The SADC metal anchors and grapnels market dropped to $X in 2023, waning by X% against the previous year. Overall, consumption, however, saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2018 to 2023, the growth of the market remained at a lower figure.

Production of Iron Or Steel Anchors, Grapnels in SADC

In value terms, metal anchors and grapnels production declined to $X in 2023 estimated in export price. Overall, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2023, production growth remained at a somewhat lower figure.

Exports of Iron Or Steel Anchors, Grapnels

Exports in SADC

In 2023, after two years of growth, there was significant decline in shipments abroad of iron or steel anchors, grapnels, when their volume decreased by X% to X units. Overall, exports showed a abrupt setback. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. The volume of export peaked at X units in 2018; however, from 2019 to 2023, the exports stood at a somewhat lower figure.

In value terms, metal anchors and grapnels exports contracted remarkably to $X in 2023. In general, exports saw a deep slump. The pace of growth appeared the most rapid in 2022 with an increase of X%. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

Exports by Country

South Africa prevails in exports structure, accounting for X units, which was near X% of total exports in 2023. Zambia (X units) and Namibia (X units) took a minor share of total exports.

From 2012 to 2023, average annual rates of growth with regard to metal anchors and grapnels exports from South Africa stood at X%. At the same time, Zambia (X%) displayed positive paces of growth. Moreover, Zambia emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2023. By contrast, Namibia (X%) illustrated a downward trend over the same period. While the share of South Africa (X p.p.) and Zambia (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Namibia (X p.p.) displayed negative dynamics.

In value terms, South Africa ($X) remains the largest metal anchors and grapnels supplier in SADC, comprising X% of total exports. The second position in the ranking was held by Zambia ($X), with a X% share of total exports.

From 2012 to 2023, the average annual growth rate of value in South Africa totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Zambia (X% per year) and Namibia (X% per year).

Export Prices by Country

In 2023, the export price in SADC amounted to $X per unit, declining by X% against the previous year. Overall, the export price recorded a perceptible descent. The most prominent rate of growth was recorded in 2020 an increase of X%. Over the period under review, the export prices hit record highs at $X per unit in 2012; however, from 2013 to 2023, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Namibia ($X per unit), while South Africa ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Namibia (X%), while the other leaders experienced a decline in the export price figures.

Imports of Iron Or Steel Anchors, Grapnels

Imports in SADC

In 2023, approx. X units of iron or steel anchors, grapnels were imported in SADC; picking up by X% against 2022 figures. In general, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. As a result, imports attained the peak of X units. From 2015 to 2023, the growth of imports remained at a lower figure.

In value terms, metal anchors and grapnels imports reached $X in 2023. Overall, imports, however, recorded a pronounced reduction. The growth pace was the most rapid in 2015 when imports increased by X%. As a result, imports reached the peak of $X. From 2016 to 2023, the growth of imports remained at a lower figure.

Imports by Country

In 2023, South Africa (X units) and Mozambique (X units) represented the largest importers of iron or steel anchors, grapnels in SADC, together recording approx. X% of total imports. Tanzania (X units) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Namibia (X%), Angola (X%) and Zambia (X%). Democratic Republic of the Congo (X units) took a minor share of total imports.

From 2012 to 2023, the biggest increases were recorded for Mozambique (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X) constitutes the largest market for imported iron or steel anchors, grapnels in SADC, comprising X% of total imports. The second position in the ranking was held by Mozambique ($X), with a X% share of total imports. It was followed by Namibia, with a X% share.

In South Africa, metal anchors and grapnels imports shrank by an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Mozambique (X% per year) and Namibia (X% per year).

Import Prices by Country

The import price in SADC stood at $X per unit in 2023, dropping by X% against the previous year. Over the period under review, the import price recorded a perceptible curtailment. The pace of growth appeared the most rapid in 2015 when the import price increased by X%. As a result, import price attained the peak level of $X per unit. From 2016 to 2023, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Mozambique ($X per unit), while Tanzania ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform