Key Market Indicators
South Africa's metal products export is projected to hit approximately $201 million by 2028, showing a modest annual growth rate of 0.6% from its current value of around $193 million in 2023. This marks a consistent upward trend, as the country's supply has been increasing by an average of 0.3% per year since 2005. On the import side, South Africa's metal products are expected to reach about $522 million by 2028, up from $485 million in 2023. This represents an average annual growth rate of 1.1%. Since 2005, the demand for metal products in South Africa has seen a more robust increase, growing by 1.8% year on year.
