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Report SADC - Iron and Steel - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Apr 1, 2024

SADC - Iron and Steel - Market Analysis, Forecast, Size, Trends and Insights

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SADC: Iron And Steel Market 2024

Iron And Steel Market Size in SADC

The SADC iron and steel market skyrocketed to $X in 2021, picking up by 19% against the previous year. In general, consumption recorded a relatively flat trend pattern. Over the period under review, the market reached the peak level in 2021 and is likely to continue growth in the immediate term.

Iron And Steel Production in SADC

In value terms, iron and steel production soared to $X in 2021 estimated in export price. Overall, production, however, showed a slight descent. The pace of growth was the most pronounced in 2018 with an increase of 31%. The level of production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Iron And Steel Exports

Exports in SADC

In 2021, overseas shipments of iron and steel were finally on the rise to reach X tons after two years of decline. In general, exports, however, showed a pronounced setback. The most prominent rate of growth was recorded in 2017 with an increase of 76% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, iron and steel exports soared to $X in 2021. Over the period under review, exports, however, showed a noticeable downturn. The pace of growth appeared the most rapid in 2017 when exports increased by 98% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

The shipments of the one major exporters of iron and steel, namely South Africa, represented more than two-thirds of total export.

South Africa was also the fastest-growing in terms of the iron and steel exports, with a CAGR of -2.7% from 2012 to 2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) also remains the largest iron and steel supplier in SADC.

From 2012 to 2021, the average annual growth rate of value in South Africa amounted to -4.1%.

Export Prices by Country

The export price in SADC stood at $X per ton in 2021, increasing by 23% against the previous year. Over the period under review, the export price, however, showed a slight slump. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for South Africa amounted to -1.5% per year.

Iron And Steel Imports

Imports in SADC

Iron and steel imports surged to X tons in 2021, jumping by 137% on the previous year. Overall, imports recorded a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, iron and steel imports skyrocketed to $X in 2021. In general, imports showed a tangible increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Democratic Republic of the Congo (X tons) represented the key importer of iron and steel, generating 69% of total imports. South Africa (X tons) took the second position in the ranking, followed by Mozambique (X tons). All these countries together held approx. 24% share of total imports. Zambia (X tons) and Mauritius (X tons) held a relatively small share of total imports.

Democratic Republic of the Congo was also the fastest-growing in terms of the iron and steel imports, with a CAGR of +89.8% from 2012 to 2021. At the same time, Zambia (+13.0%) and South Africa (+3.2%) displayed positive paces of growth. By contrast, Mauritius (-5.4%) and Mozambique (-9.4%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Democratic Republic of the Congo increased by +69 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Democratic Republic of the Congo ($X), South Africa ($X) and Mozambique ($X) constituted the countries with the highest levels of imports in 2021, together comprising 89% of total imports.

In terms of the main importing countries, Democratic Republic of the Congo, with a CAGR of +56.6%, 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 more modest paces of growth.

Import Prices by Country

In 2021, the import price in SADC amounted to $X per ton, waning by -13.3% against the previous year. Overall, the import price recorded a deep contraction. The most prominent rate of growth was recorded in 2017 when the import price increased by 16%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was South Africa ($X per ton), while Democratic Republic of the Congo ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Africa (+4.3%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The country with the largest volume of iron and steel consumption was South Africa, comprising approx. 99% of total volume.
South Africa constituted the country with the largest volume of iron and steel production, accounting for 100% of total volume.
In value terms, South Africa remains the largest iron and steel supplier in SADC.
In value terms, Democratic Republic of the Congo, South Africa and Mozambique appeared to be the countries with the highest levels of imports in 2021, together comprising 89% of total imports.
The export price in SADC stood at $435 per ton in 2021, picking up by 23% against the previous year.
In 2021, the import price in SADC amounted to $596 per ton, dropping by -13.3% against the previous year.

This report provides an in-depth analysis of the iron and steel market in SADC. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

    Country coverage:

    • Angola
    • Botswana
    • Comoros
    • Democratic Republic of the Congo
    • Lesotho
    • Madagascar
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Seychelles
    • South Africa
    • Swaziland
    • Tanzania
    • Zambia
    • Zimbabwe

    Data coverage:

    • Market volume and value
    • Per Capita consumption
    • Forecast of the market dynamics in the medium term
    • Production in SADC, split by region and country
    • Trade (exports and imports) in SADC
    • Export and import prices
    • Market trends, drivers and restraints
    • Key market players and their profiles

    Reasons to buy this report:

    • Take advantage of the latest data
    • Find deeper insights into current market developments
    • Discover vital success factors affecting the market

    This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

    In this report, you can find information that helps you to make informed decisions on the following issues:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. How to prepare your business for global expansion

    While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

    1. 1. INTRODUCTION

      Making Data-Driven Decisions to Grow Your Business

      1. REPORT DESCRIPTION
      2. RESEARCH METHODOLOGY AND AI PLATFORM
      3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
      4. GLOSSARY AND SPECIFIC TERMS

    2. 2. EXECUTIVE SUMMARY

      A Quick Overview of Market Performance

      1. KEY FINDINGS
      2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

    3. 3. MARKET OVERVIEW

      Understanding the Current State of The Market and Its Prospects

      1. MARKET SIZE
      2. CONSUMPTION BY COUNTRY
      3. MARKET FORECAST TO 2030

    4. 4. MOST PROMISING PRODUCT

      Finding New Products to Diversify Your Business

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
      2. BEST-SELLING PRODUCTS
      3. MOST CONSUMED PRODUCT
      4. MOST TRADED PRODUCT
      5. MOST PROFITABLE PRODUCT FOR EXPORT

    5. 5. MOST PROMISING SUPPLYING COUNTRIES

      Choosing the Best Countries to Establish Your Sustainable Supply Chain

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
      2. TOP PRODUCING COUNTRIES
      3. TOP EXPORTING COUNTRIES
      4. LOW-COST EXPORTING COUNTRIES

    6. 6. MOST PROMISING OVERSEAS MARKETS

      Choosing the Best Countries to Boost Your Exports

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
      2. TOP CONSUMING MARKETS
      3. UNSATURATED MARKETS
      4. TOP IMPORTING MARKETS
      5. MOST PROFITABLE MARKETS

    7. 7. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
      2. PRODUCTION BY COUNTRY

    8. 8. IMPORTS

      The Largest Importers on The Market and How They Succeed

      1. IMPORTS FROM 2012–2023
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY

    9. 9. EXPORTS

      The Largest Exporters on The Market and How They Succeed

      1. EXPORTS FROM 2012–2023
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY

    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

      This Chapter is Available Only for the Professional Edition PRO

    11. 11. COUNTRY PROFILES

      The Largest Markets And Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
      • Angola
      • Botswana
      • Comoros
      • Democratic Republic of the Congo
      • Lesotho
      • Madagascar
      • Malawi
      • Mauritius
      • Mozambique
      • Namibia
      • Seychelles
      • South Africa
      • Swaziland
      • Tanzania
      • Zambia
      • Zimbabwe

    12. LIST OF TABLES

      1. Key Findings In 2023
      2. Market Volume, In Physical Terms, 2012–2023
      3. Market Value, 2012–2023
      4. Per Capita Consumption, By Country, 2018–2023
      5. Production, In Physical Terms, By Country, 2012–2023
      6. Imports, In Physical Terms, By Country, 2012–2023
      7. Imports, In Value Terms, By Country, 2012–2023
      8. Import Prices, By Country Of Destination, 2012–2023
      9. Exports, In Physical Terms, By Country, 2012–2023
      10. Exports, In Value Terms, By Country, 2012–2023
      11. Export Prices, By Country Of Origin, 2012–2023

    13. LIST OF FIGURES

      1. Market Volume, In Physical Terms, 2012–2023
      2. Market Value, 2012–2023
      3. Consumption, By Country, 2023
      4. Market Volume Forecast to 2030
      5. Market Value Forecast to 2030
      6. Products: Market Size And Growth, By Type
      7. Products: Average Per Capita Consumption, By Type
      8. Products: Exports And Growth, By Type
      9. Products: Export Prices And Growth, By Type
      10. Production Volume And Growth
      11. Exports And Growth
      12. Export Prices And Growth
      13. Market Size And Growth
      14. Per Capita Consumption
      15. Imports And Growth
      16. Import Prices
      17. Production, In Physical Terms, 2012–2023
      18. Production, In Value Terms, 2012–2023
      19. Production, By Country, 2023
      20. Production, In Physical Terms, By Country, 2012–2023
      21. Imports, In Physical Terms, 2012–2023
      22. Imports, In Value Terms, 2012–2023
      23. Imports, In Physical Terms, By Country, 2023
      24. Imports, In Physical Terms, By Country, 2012–2023
      25. Imports, In Value Terms, By Country, 2012–2023
      26. Import Prices, By Country, 2012–2023
      27. Exports, In Physical Terms, 2012–2023
      28. Exports, In Value Terms, 2012–2023
      29. Exports, In Physical Terms, By Country, 2023
      30. Exports, In Physical Terms, By Country, 2012–2023
      31. Exports, In Value Terms, By Country, 2012–2023
      32. Export Prices, 2012–2023

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