SADC: Market for Vulcanised Cellular Rubber Articles For Technical Uses 2024

Market Size for Vulcanised Cellular Rubber Articles For Technical Uses in SADC

In 2023, the SADC vulcanised cellular rubber articles market decreased by X% to $X, falling for the second year in a row after three years of growth. Over the period under review, consumption continues to indicate a measured increase. The level of consumption peaked at $X in 2021; however, from 2022 to 2023, consumption stood at a somewhat lower figure.

Production of Vulcanised Cellular Rubber Articles For Technical Uses in SADC

In value terms, vulcanised cellular rubber articles production dropped slightly to $X in 2023 estimated in export price. Over the period under review, production posted resilient growth. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2022, and then fell in the following year.

Exports of Vulcanised Cellular Rubber Articles For Technical Uses

Exports in SADC

In 2023, after two years of growth, there was significant decline in shipments abroad of vulcanised cellular rubber articles for technical uses, when their volume decreased by X% to X tons. Over the period under review, exports saw a perceptible decline. The pace of growth appeared the most rapid in 2015 when exports increased by X%. The volume of export peaked at X tons in 2018; however, from 2019 to 2023, the exports remained at a lower figure.

In value terms, vulcanised cellular rubber articles exports contracted sharply to $X in 2023. Overall, exports saw a noticeable reduction. The pace of growth appeared the most rapid in 2022 with an increase of X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

Exports by Country

South Africa dominates exports structure, accounting for X tons, which was near X% of total exports in 2023. Tanzania (X tons), Zambia (X tons) and Mauritius (X tons) followed a long way behind the leaders.

From 2012 to 2023, average annual rates of growth with regard to vulcanised cellular rubber articles exports from South Africa stood at X%. At the same time, Mauritius (X%) and Tanzania (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, Zambia (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Tanzania and Mauritius 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 ($X) remains the largest vulcanised cellular rubber articles supplier in SADC, comprising X% of total exports. The second position in the ranking was taken by Mauritius ($X), with a X% share of total exports. It was followed by Zambia, with a X% share.

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

Export Prices by Country

In 2023, the export price in SADC amounted to $X per ton, growing by X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the export price increased by X%. The level of export peaked at $X per ton in 2013; however, from 2014 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 Mauritius ($X per ton), while Tanzania ($X per ton) was amongst the lowest.

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

Imports of Vulcanised Cellular Rubber Articles For Technical Uses

Imports in SADC

In 2023, approx. X tons of vulcanised cellular rubber articles for technical uses were imported in SADC; increasing by X% on the previous year's figure. In general, imports, however, showed a noticeable slump. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. The volume of import peaked at X tons in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

In value terms, vulcanised cellular rubber articles imports reduced to $X in 2023. Overall, imports, however, saw a abrupt descent. The growth pace was the most rapid in 2016 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2023, imports remained at a lower figure.

Imports by Country

The purchases of the four major importers of vulcanised cellular rubber articles for technical uses, namely South Africa, Tanzania, Angola and Zambia, represented more than two-thirds of total import. It was distantly followed by Botswana (X tons) and Democratic Republic of the Congo (X tons), together achieving a X% share of total imports. Zimbabwe (X tons) held a relatively small share of total imports.

From 2012 to 2023, the biggest increases were recorded for Tanzania (with a CAGR of X%), while purchases for the other leaders experienced a decline in the imports figures.

In value terms, the largest vulcanised cellular rubber articles importing markets in SADC were South Africa ($X), Zambia ($X) and Angola ($X), together comprising X% of total imports.

Zambia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2023, the import price in SADC amounted to $X per ton, reducing by X% against the previous year. Overall, the import price saw a mild decrease. The growth pace was the most rapid in 2022 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2016; however, from 2017 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 mixed trends in the import price figures.

Source: IndexBox Platform