In 2023, the import of granules, chippings, and powder of granite and sandstone to South Africa stood at 1.5811 million kilograms. Over recent years, imports have fluctuated significantly, with steep decreases and moderate growth marking the period from 2013 to 2023. The most notable variations include a sharp increase in 2014, followed by declines and modest recoveries. The year-on-year variation from 2021 to 2023 shows a decrease of 1.16%, reflecting a stabilizing trend after previous volatility. The compound annual growth rate (CAGR) for the last five years up to 2023 averaged at 3.38%.
Looking forward, the forecasted data from 2024 to 2028 indicates a gradual decline in imports. The year-on-year CAGR for this period is projected to be -0.99%, reflecting a slow reduction in the volume of imports. Future trends to monitor include potential changes in domestic production capacities, global pricing dynamics, and technological advancements in materials sourcing and processing, which could impact import volumes either positively or negatively.
