South Africa: Market for Multiple-Walled Insulating Units Of Glass 2024

Market Size for Multiple-Walled Insulating Units Of Glass in South Africa

The South African multiple-walled insulating glass unit market reduced modestly to $X in 2022, approximately mirroring the previous year. Over the period under review, consumption showed a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Multiple-Walled Insulating Units Of Glass in South Africa

In value terms, multiple-walled insulating glass unit production fell slightly to $X in 2022 estimated in export price. Overall, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of X%. Multiple-walled insulating glass unit production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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Exports of Multiple-Walled Insulating Units Of Glass

Exports from South Africa

In 2022, approx. X square meters of multiple-walled insulating units of glass were exported from South Africa; which is down by X% against 2021. Overall, exports, however, saw a resilient increase. The most prominent rate of growth was recorded in 2013 when exports increased by X%. Over the period under review, the exports attained the peak figure at X square meters in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, multiple-walled insulating glass unit exports fell markedly to $X in 2022. Over the period under review, exports, however, posted buoyant growth. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

Zimbabwe (X square meters) was the main destination for multiple-walled insulating glass unit exports from South Africa, with a X% share of total exports. Moreover, multiple-walled insulating glass unit exports to Zimbabwe exceeded the volume sent to the second major destination, Botswana (X square meters), twofold. The third position in this ranking was held by Democratic Republic of the Congo (X square meters), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Zimbabwe totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Botswana (X% per year) and Democratic Republic of the Congo (X% per year).

In value terms, the largest markets for multiple-walled insulating glass unit exported from South Africa were Ghana ($X), Zimbabwe ($X) and Botswana ($X), together comprising X% of total exports.

Among the main countries of destination, Ghana, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average multiple-walled insulating glass unit export price stood at $X per square meter in 2022, with a decrease of X% against the previous year. In general, the export price recorded a slight curtailment. The pace of growth appeared the most rapid in 2018 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per square meter in 2021, and then contracted remarkably in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Ghana ($X per square meter), while the average price for exports to Lesotho ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ghana (X%), while the prices for the other major destinations experienced a decline.

Imports of Multiple-Walled Insulating Units Of Glass

Imports into South Africa

After two years of growth, overseas purchases of multiple-walled insulating units of glass decreased by X% to X square meters in 2022. Overall, imports recorded a deep setback. The pace of growth appeared the most rapid in 2014 with an increase of X%. Over the period under review, imports hit record highs at X square meters in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, multiple-walled insulating glass unit imports dropped to $X in 2022. In general, imports saw a perceptible setback. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, the United Arab Emirates (X square meters) constituted the largest supplier of multiple-walled insulating glass unit to South Africa, accounting for a X% share of total imports. Moreover, multiple-walled insulating glass unit imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, the United States (X square meters), fivefold. The third position in this ranking was held by Germany (X square meters), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United Arab Emirates stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Germany (X% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of multiple-walled insulating units of glass to South Africa, comprising X% of total imports. The second position in the ranking was held by the United States ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual growth rate of value from the United Arab Emirates amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Germany (X% per year).

Import Prices by Country

The average multiple-walled insulating glass unit import price stood at $X per square meter in 2022, rising by X% against the previous year. In general, the import price saw a buoyant expansion. The growth pace was the most rapid in 2013 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per square meter in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per square meter), while the price for China ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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