SADC: Safety Glass Market 2024

Safety Glass Market Size in SADC

The SADC safety glass market shrank to $X in 2023, which is down by X% against the previous year. The total consumption indicated a tangible expansion from 2012 to 2023: its value 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, consumption decreased by X% against 2021 indices. As a result, consumption reached the peak level of $X. From 2020 to 2023, the growth of the market remained at a somewhat lower figure.

Safety Glass Production in SADC

In value terms, safety glass production reduced to $X in 2023 estimated in export price. The total production indicated a moderate expansion 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, production increased by X% against 2021 indices. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2023, production growth failed to regain momentum.

Safety Glass Exports

Exports in SADC

In 2023, overseas shipments of safety glass decreased by X% to X square meters, falling for the second consecutive year after two years of growth. Overall, exports recorded a perceptible descent. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports attained the peak of X square meters. From 2022 to 2023, the growth of the exports failed to regain momentum.

In value terms, safety glass exports dropped to $X in 2023. Over the period under review, exports showed a abrupt downturn. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2023, the exports failed to regain momentum.

Exports by Country

The biggest shipments were from South Africa (X square meters), together accounting for X% of total export.

South Africa was also the fastest-growing in terms of the safety glass exports, with a CAGR of X% from 2012 to 2023. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) also remains the largest safety glass supplier in SADC.

From 2012 to 2023, the average annual growth rate of value in South Africa amounted to X%.

Export Prices by Country

In 2023, the export price in SADC amounted to $X per square meter, surging by X% against the previous year. In general, the export price, however, showed a pronounced downturn. The pace of growth appeared the most rapid in 2019 an increase of X%. The level of export peaked at $X per square meter in 2014; however, from 2015 to 2023, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for South Africa.

From 2012 to 2023, the rate of growth in terms of prices for South Africa amounted to X% per year.

Safety Glass Imports

Imports in SADC

Safety glass imports reduced remarkably to X square meters in 2023, with a decrease of X% on 2022 figures. Over the period under review, imports continue to indicate a slight downturn. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. The volume of import peaked at X square meters in 2021; however, from 2022 to 2023, imports remained at a lower figure.

In value terms, safety glass imports contracted notably to $X in 2023. Overall, imports saw a perceptible setback. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, imports attained the peak of $X. From 2022 to 2023, the growth of imports remained at a somewhat lower figure.

Imports by Country

South Africa represented the key importing country with an import of around X square meters, which amounted to X% of total imports. Zimbabwe (X square meters) held an X% share (based on physical terms) of total imports, which put it in second place, followed by Angola (X%), Tanzania (X%), Zambia (X%), Mauritius (X%) and Namibia (X%). Botswana (X square meters), Madagascar (X square meters), Mozambique (X square meters), Democratic Republic of the Congo (X square meters), Swaziland (X square meters) and Seychelles (X square meters) followed a long way behind the leaders.

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

In value terms, South Africa ($X) constitutes the largest market for imported safety glass in SADC, comprising X% of total imports. The second position in the ranking was taken by Angola ($X), with an X% share of total imports. It was followed by Mauritius, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in South Africa totaled 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

The import price in SADC stood at $X per square meter in 2023, approximately mirroring the previous year. In general, the import price, however, continues to indicate a mild contraction. The growth pace was the most rapid in 2021 an increase of X%. The level of import peaked at $X per square meter in 2013; however, from 2014 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 ($X per square meter), while Madagascar ($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 Mauritius (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform