Africa: Market for Drawn Glass And Blown Glass 2024

Market Size for Drawn Glass And Blown Glass in Africa

In 2023, after two years of growth, there was significant decline in the African market for drawn glass and blown glass, when its value decreased by X% to $X. In general, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2023, consumption remained at a lower figure.

Production of Drawn Glass And Blown Glass in Africa

In value terms, drawn glass and blown glass production reached $X in 2023 estimated in export price. Over the period under review, production, however, showed mild growth. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2023, production stood at a somewhat lower figure.

Exports of Drawn Glass And Blown Glass

Exports in Africa

In 2023, exports of drawn glass and blown glass in Africa shrank significantly to X square meters, reducing by X% against the year before. Overall, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2015 when exports increased by X%. As a result, the exports attained the peak of X square meters. From 2016 to 2023, the growth of the exports failed to regain momentum.

In value terms, drawn glass and blown glass exports contracted to $X in 2023. In general, exports, however, continue to indicate buoyant growth. The growth pace was the most rapid in 2015 with an increase of X%. As a result, the exports attained the peak of $X. From 2016 to 2023, the growth of the exports remained at a lower figure.

Exports by Country

Tanzania represented the main exporter of drawn glass and blown glass in Africa, with the volume of exports finishing at X square meters, which was approx. X% of total exports in 2023. South Africa (X square meters) held the second position in the ranking, followed by Rwanda (X square meters) and Egypt (X square meters). All these countries together took near X% share of total exports. The following exporters - Uganda (X square meters), Ghana (X square meters) and Congo (X square meters) - each amounted to a X% share of total exports.

Exports from Tanzania increased at an average annual rate of X% from 2012 to 2023. At the same time, Rwanda (X%) and Ghana (X%) displayed positive paces of growth. Moreover, Rwanda emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2023. Congo experienced a relatively flat trend pattern. By contrast, South Africa (X%), Uganda (X%) and Egypt (X%) illustrated a downward trend over the same period. While the share of Tanzania (X p.p.), Rwanda (X p.p.), Ghana (X p.p.) and Congo (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Uganda (X p.p.), South Africa (X p.p.) and Egypt (X p.p.) displayed negative dynamics.

In value terms, Tanzania ($X) remains the largest drawn glass and blown glass supplier in Africa, comprising X% of total exports. The second position in the ranking was taken by Rwanda ($X), with a X% share of total exports. It was followed by South Africa, with an X% share.

In Tanzania, drawn glass and blown glass exports increased at an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: Rwanda (X% per year) and South Africa (X% per year).

Export Prices by Country

The export price in Africa stood at $X per square meter in 2023, increasing by X% against the previous year. In general, the export price saw a remarkable increase. The pace of growth appeared the most rapid in 2015 an increase of X%. Over the period under review, the export prices attained the maximum in 2023 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Egypt ($X per square meter), while Uganda ($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 Egypt (X%), while the other leaders experienced more modest paces of growth.

Imports of Drawn Glass And Blown Glass

Imports in Africa

In 2023, overseas purchases of drawn glass and blown glass decreased by X% to X square meters for the first time since 2018, thus ending a four-year rising trend. In general, imports, however, saw noticeable growth. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of X square meters. From 2015 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, drawn glass and blown glass imports fell modestly to $X in 2023. Overall, imports, however, continue to indicate resilient growth. The growth pace was the most rapid in 2022 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then reduced in the following year.

Imports by Country

Egypt dominates imports structure, amounting to X square meters, which was approx. X% of total imports in 2023. Tanzania (X square meters) ranks second in terms of the total imports with a X% share, followed by Mozambique (X%). Ethiopia (X square meters), Angola (X square meters), Rwanda (X square meters), Kenya (X square meters), Morocco (X square meters), Madagascar (X square meters), Equatorial Guinea (X square meters), Mauritius (X square meters) and Nigeria (X square meters) held a minor share of total imports.

Egypt was also the fastest-growing in terms of the drawn glass and blown glass imports, with a CAGR of X% from 2012 to 2023. At the same time, Rwanda (X%), Mozambique (X%) and Nigeria (X%) displayed positive paces of growth. Tanzania and Equatorial Guinea experienced a relatively flat trend pattern. By contrast, Morocco (X%), Madagascar (X%), Mauritius (X%), Ethiopia (X%), Angola (X%) and Kenya (X%) illustrated a downward trend over the same period. Egypt (X p.p.), Mozambique (X p.p.) and Rwanda (X p.p.) significantly strengthened its position in terms of the total imports, while Tanzania, Mauritius, Madagascar, Ethiopia, Angola and Kenya saw its share reduced by X%, X%, X%, X%, X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Egypt ($X) constitutes the largest market for imported drawn glass and blown glass in Africa, comprising X% of total imports. The second position in the ranking was taken by Rwanda ($X), with a X% share of total imports. It was followed by Ethiopia, with an X% share.

In Egypt, drawn glass and blown glass imports increased at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Rwanda (X% per year) and Ethiopia (X% per year).

Import Prices by Country

The import price in Africa stood at $X per square meter in 2023, rising by X% against the previous year. In general, the import price saw pronounced growth. The most prominent rate of growth was recorded in 2016 when the import price increased by X%. The level of import peaked in 2023 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Mozambique ($X per square meter), while Tanzania ($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 Nigeria (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform