South Africa: Market for Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene 2024

Market Size for Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene in South Africa

After three years of decline, the South African ethylene polymer rigid pipes market increased by X% to $X in 2023. Overall, consumption, however, recorded a mild slump. Ethylene polymer rigid pipes consumption peaked at $X in 2016; however, from 2017 to 2023, consumption remained at a lower figure.

Production of Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene in South Africa

In value terms, ethylene polymer rigid pipes production amounted to $X in 2023 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2023, production remained at a lower figure.

Exports of Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene

Exports from South Africa

After three years of growth, shipments abroad of rigid tubes, pipes and hoses of polymers of ethylene decreased by X% to X tons in 2023. Overall, exports, however, recorded a measured expansion. The most prominent rate of growth was recorded in 2018 when exports increased by X%. Over the period under review, the exports attained the maximum at X tons in 2022, and then fell in the following year.

In value terms, ethylene polymer rigid pipes exports reduced to $X in 2023. Over the period under review, exports, however, saw a mild increase. The growth pace was the most rapid in 2018 with an increase of X%. The exports peaked at $X in 2022, and then dropped in the following year.

Exports by Country

Democratic Republic of the Congo (X tons), Botswana (X tons) and Zambia (X tons) were the main destinations of ethylene polymer rigid pipes exports from South Africa, with a combined X% share of total exports. Zimbabwe, Australia, Mozambique, Swaziland, Lesotho and Namibia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Australia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Democratic Republic of the Congo ($X) remains the key foreign market for rigid tubes, pipes and hoses of polymers of ethylene exports from South Africa, comprising X% of total exports. The second position in the ranking was held by Zambia ($X), with a X% share of total exports. It was followed by Botswana, with a X% share.

From 2012 to 2023, the average annual growth rate of value to Democratic Republic of the Congo totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Zambia (X% per year) and Botswana (X% per year).

Export Prices by Country

The average ethylene polymer rigid pipes export price stood at $X per ton in 2023, approximately mirroring the previous year. In general, the export price, however, continues to indicate a mild downturn. The pace of growth appeared the most rapid in 2022 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Zambia ($X per ton), while the average price for exports to Mozambique ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Zambia (X%), while the prices for the other major destinations experienced a decline.

Imports of Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene

Imports into South Africa

For the fifth consecutive year, South Africa recorded decline in supplies from abroad of rigid tubes, pipes and hoses of polymers of ethylene, which decreased by X% to X tons in 2023. In general, imports showed a dramatic downturn. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2023, imports remained at a lower figure.

In value terms, ethylene polymer rigid pipes imports expanded notably to $X in 2023. Over the period under review, imports faced a abrupt decline. The most prominent rate of growth was recorded in 2015 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

Switzerland (X tons), Italy (X tons) and Germany (X tons) were the main suppliers of ethylene polymer rigid pipes imports to South Africa, with a combined X% share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Switzerland (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X), Switzerland ($X) and Spain ($X) were the largest ethylene polymer rigid pipes suppliers to South Africa, together accounting for X% of total imports.

Switzerland, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the average ethylene polymer rigid pipes import price amounted to $X per ton, reducing by X% against the previous year. Over the period under review, the import price, however, recorded strong growth. The growth pace was the most rapid in 2020 an increase of X% against the previous year. The import price peaked at $X per ton in 2022, and then fell slightly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform