SADC: Threaded Copper Articles Market 2024

Threaded Copper Articles Market Size in SADC

After five years of growth, the SADC threaded copper articles market decreased by X% to $X in 2023. Overall, consumption, however, recorded a noticeable downturn. The level of consumption peaked at $X in 2012; however, from 2013 to 2023, consumption remained at a lower figure.

Threaded Copper Articles Production in SADC

In value terms, threaded copper articles production reduced slightly to $X in 2023 estimated in export price. Overall, production, however, showed a noticeable shrinkage. The pace of growth appeared the most rapid in 2022 with an increase of X%. The level of production peaked at $X in 2012; however, from 2013 to 2023, production stood at a somewhat lower figure.

Threaded Copper Articles Exports

Exports in SADC

In 2023, shipments abroad of threaded articles of copper was finally on the rise to reach X tons after three years of decline. Total exports indicated a prominent expansion from 2012 to 2023: its volume 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. The most prominent rate of growth was recorded in 2013 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2023, the exports stood at a somewhat lower figure.

In value terms, threaded copper articles exports fell to $X in 2023. In general, exports recorded buoyant growth. The pace of growth appeared the most rapid in 2014 when exports increased by X%. As a result, the exports attained the peak of $X. From 2015 to 2023, the growth of the exports remained at a lower figure.

Exports by Country

South Africa prevails in exports structure, resulting at X tons, which was near X% of total exports in 2023. Tanzania (X tons) followed a long way behind the leaders.

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. From 2012 to 2023, the share of Tanzania increased by X percentage points.

In value terms, South Africa ($X) remains the largest threaded copper articles supplier in SADC, comprising X% of total exports. The second position in the ranking was taken by Tanzania ($X), with a X% share of total exports.

In South Africa, threaded copper articles exports expanded at an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

In 2023, the export price in SADC amounted to $X per ton, declining by X% against the previous year. In general, the export price showed a mild downturn. The most prominent rate of growth was recorded in 2022 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton 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 South Africa ($X per ton), while Tanzania amounted to $X per ton.

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

Threaded Copper Articles Imports

Imports in SADC

In 2023, supplies from abroad of threaded articles of copper increased by X% to X tons, rising for the third consecutive year after two years of decline. Overall, imports enjoyed a prominent expansion. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum in 2023 and are expected to retain growth in the immediate term.

In value terms, threaded copper articles imports surged to $X in 2023. Over the period under review, imports posted a resilient expansion. The most prominent rate of growth was recorded in 2022 when imports increased by X%. Over the period under review, imports hit record highs in 2023 and are likely to continue growth in the near future.

Imports by Country

South Africa dominates imports structure, accounting for X tons, which was near X% of total imports in 2023. Zambia (X tons) ranks second in terms of the total imports with an X% share, followed by Tanzania (X%) and Mozambique (X%). The following importers - Democratic Republic of the Congo (X tons), Botswana (X tons) and Angola (X tons) - together made up X% of total imports.

Imports into South Africa increased at an average annual rate of X% from 2012 to 2023. At the same time, Democratic Republic of the Congo (X%), Zambia (X%), Mozambique (X%) and Botswana (X%) displayed positive paces of growth. Moreover, Democratic Republic of the Congo emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2023. By contrast, Tanzania (X%) and Angola (X%) illustrated a downward trend over the same period. While the share of South Africa (X p.p.), Zambia (X p.p.), Democratic Republic of the Congo (X p.p.) and Mozambique (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Angola (X p.p.) and Tanzania (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported threaded articles of copper in SADC, comprising X% of total imports. The second position in the ranking was taken by Zambia ($X), with a X% share of total imports. It was followed by Democratic Republic of the Congo, with a X% share.

From 2012 to 2023, the average annual growth rate of value in South Africa amounted to X%. In the other countries, the average annual rates were as follows: Zambia (X% per year) and Democratic Republic of the Congo (X% per year).

Import Prices by Country

The import price in SADC stood at $X per ton in 2023, growing by X% against the previous year. Import price indicated a resilient increase from 2012 to 2023: its price 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, threaded copper articles import price increased by X% against 2021 indices. The growth pace was the most rapid in 2013 an increase of X%. The level of import peaked at $X per ton in 2019; however, from 2020 to 2023, 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 South Africa ($X per ton), while Tanzania ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform