SADC: Sheet Piling Market 2024

Sheet Piling Market Size in SADC

The SADC sheet piling market expanded slightly to $X in 2023, growing by X% against the previous year. Over the period under review, consumption showed a resilient increase. Over the period under review, the market reached the maximum level at $X in 2021; however, from 2022 to 2023, consumption stood at a somewhat lower figure.

Sheet Piling Production in SADC

In value terms, sheet piling production totaled $X in 2023 estimated in export price. Overall, production continues to indicate a strong expansion. The pace of growth appeared the most rapid in 2017 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2021; however, from 2022 to 2023, production remained at a lower figure.

Sheet Piling Exports

Exports in SADC

In 2023, shipments abroad of sheet piling, shapes and sections (of iron or steel) increased by X% to X tons, rising for the third consecutive year after two years of decline. Over the period under review, exports, however, recorded a mild downturn. The pace of growth appeared the most rapid in 2017 when exports increased by X%. Over the period under review, the exports reached the peak figure at X tons in 2018; however, from 2019 to 2023, the exports stood at a somewhat lower figure.

In value terms, sheet piling exports skyrocketed to $X in 2023. In general, exports, however, showed a mild shrinkage. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2018; however, from 2019 to 2023, the exports failed to regain momentum.

Exports by Country

South Africa dominates exports structure, accounting for X tons, which was approx. X% of total exports in 2023. Mozambique (X tons), Namibia (X tons) and Zambia (X tons) held a relatively small share of total exports.

Exports from South Africa increased at an average annual rate of X% from 2012 to 2023. At the same time, Mozambique (X%) displayed positive paces of growth. Moreover, Mozambique emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2023. By contrast, Namibia (X%) and Zambia (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of South Africa and Mozambique increased by X and X percentage points, respectively.

In value terms, South Africa ($X) remains the largest sheet piling supplier in SADC, comprising X% of total exports. The second position in the ranking was held by Mozambique ($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 was relatively modest. The remaining exporting countries recorded the following average annual rates of exports growth: Mozambique (X% per year) and Zambia (X% per year).

Export Prices by Country

In 2023, the export price in SADC amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of X%. Over the period under review, the export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2023, the export prices failed to regain momentum.

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 ($X per ton), while Namibia ($X per ton) was amongst the lowest.

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

Sheet Piling Imports

Imports in SADC

In 2023, sheet piling imports in SADC dropped rapidly to X tons, falling by X% on 2022 figures. Overall, imports showed a deep setback. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2019 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, sheet piling imports contracted to $X in 2023. In general, imports recorded a abrupt curtailment. The growth pace was the most rapid in 2018 when imports increased by X%. Over the period under review, imports attained the maximum at $X in 2015; however, from 2016 to 2023, imports stood at a somewhat lower figure.

Imports by Country

The purchases of the eleven major importers of sheet piling, shapes and sections (of iron or steel), namely Botswana, Angola, South Africa, Democratic Republic of the Congo, Namibia, Mozambique, Tanzania, Zimbabwe, Swaziland, Lesotho and Madagascar, represented more than two-thirds of total import.

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

In value terms, Angola ($X), Mozambique ($X) and Botswana ($X) appeared to be the countries with the highest levels of imports in 2023, with a combined X% share of total imports. South Africa, Namibia, Democratic Republic of the Congo, Zimbabwe, Tanzania, Madagascar, Swaziland and Lesotho lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Madagascar, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, 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, rising by X% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Mozambique ($X per ton), while Tanzania ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform