SADC: Propellant Powders Market 2024

Propellant Powders Market Size in SADC

For the third year in a row, the SADC propellant powders market recorded growth in sales value, which increased by X% to $X in 2022. Overall, consumption, however, recorded a mild setback. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Propellant Powders Production in SADC

In value terms, propellant powders production reached $X in 2022 estimated in export price. Overall, production, however, showed a mild contraction. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Propellant Powders Exports

Exports in SADC

In 2022, propellant powders exports in SADC soared to X tons, growing by X% compared with 2021. Overall, exports, however, faced a precipitous shrinkage. The growth pace was the most rapid in 2013 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, propellant powders exports soared to $X in 2022. In general, exports, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

South Africa was the main exporting country with an export of around X tons, which reached X% of total exports. Swaziland (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Namibia (X%) and Democratic Republic of the Congo (X%).

From 2012 to 2022, average annual rates of growth with regard to propellant powders exports from South Africa stood at X%. At the same time, Namibia (X%), Swaziland (X%) and Democratic Republic of the Congo (X%) displayed positive paces of growth. Moreover, Namibia emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2022. Swaziland (X p.p.), Namibia (X p.p.) and Democratic Republic of the Congo (X p.p.) significantly strengthened its position in terms of the total exports, while South Africa saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, South Africa ($X) remains the largest propellant powders supplier in SADC, comprising X% of total exports. The second position in the ranking was taken by Swaziland ($X), with a X% share of total exports. It was followed by Democratic Republic of the Congo, with a X% share.

In South Africa, propellant powders exports plunged by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Swaziland (X% per year) and Democratic Republic of the Congo (X% per year).

Export Prices by Country

The export price in SADC stood at $X per ton in 2022, dropping by X% against the previous year. Over the period under review, the export price, however, continues to indicate a strong increase. The pace of growth appeared the most rapid in 2014 an increase of X%. The level of export peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Swaziland ($X per ton), while Namibia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%), while the other leaders experienced more modest paces of growth.

Propellant Powders Imports

Imports in SADC

In 2022, imports of propellant powders in SADC surged to X tons, rising by X% against 2021. In general, imports saw moderate growth. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, propellant powders imports shrank modestly to $X in 2022. Overall, imports saw a remarkable increase. The most prominent rate of growth was recorded in 2014 with an increase of X%. The level of import peaked at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

South Africa was the key importer of propellant powders in SADC, with the volume of imports resulting at X tons, which was near X% of total imports in 2022. It was distantly followed by Zimbabwe (X tons) and Namibia (X tons), together mixing up an X% share of total imports. Tanzania (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to propellant powders imports into South Africa stood at X%. At the same time, Namibia (X%), Zimbabwe (X%) and Tanzania (X%) displayed positive paces of growth. Moreover, Namibia emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2022. South Africa (X p.p.), Namibia (X p.p.) and Zimbabwe (X p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported propellant powders in SADC, comprising X% of total imports. The second position in the ranking was held by Namibia ($X), with a X% share of total imports. It was followed by Zimbabwe, with a X% share.

From 2012 to 2022, the average annual growth rate of value in South Africa stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Namibia (X% per year) and Zimbabwe (X% per year).

Import Prices by Country

The import price in SADC stood at $X per ton in 2022, shrinking by X% against the previous year. In general, the import price, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2018 to 2022, the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Namibia ($X per ton), while Tanzania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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