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How big is the building materials market in Africa? Chinese and Indian businessmen have joined in a strong way. Who is stronger?
- Categories:Industry
- Author:
- Origin:
- Time of issue:2018-12-26 10:21
- Views:
(Summary description)Africaisoneofthemostpromisingmarketsintheworld.Inrecentyears,withtherapiddevelopmentofmanyAfricaneconomies,Africancountrieshavebeguntoworkhardoninfrastructureconstruction,whichisfollowedbygreaterdemandforthebuildingmaterialsmarket. Africanpeopleneedabetterlifeandbuildtheirownhomes.Atpresent,manyAfricancountrieshavemadeimprovingresidents'livingconditionsapriorityfornationalplanninganddevelopment.Africaisabouttobreakthrough1.3billionpeople.Asthepopulationgrowthofmanycountriesintheworldslowsdownorevenrecedes,halfoftheworld'spopulationgrowthinthefuturewillbeinAfrica.SuchahugedemographicdividendhasalsoburnedthebuildingmaterialsmarketinAfrica. Wefilmedthedocumentary"IGototheWorld"aroundtheworld.InMalawi,Africa,welearnedaboutthelocalbuildingmaterialsmarket.Malawihasapopulationofnearly20millionandranks61inAfrica'spopulationrankings.AlthoughMalawi'seconomicworldiscountdown,thedemandforbuildingmaterialscannotbeignored. WearecatchingupwiththerainyseasoninMalawi.Everyhouseholdneedstobuildahouse.Theonlythingthatcan'tbebuiltiscement.ThereisnoindustryinMalawi.Itissaidthatthereareonlythreecementplantsinthecountry,butpeoplereallyneedcement.80%ofthecementheredependsonimports. Everyyearatthistime,manytrucksarecomingfromnearbyZambia,MozambiqueandTanzaniatoMalawi,wherealargeamountofcementisshipped.ThecementbusinessismainlyinthehandsofIndians.Whenitistight,theIndians’buildingmaterialsstorewilllineupatthedooreverymorning. Malawi’sbuildingmaterials,electricalappliancesandhardwarewerebasicallyinthehandsofIndians,andonlytwoorthreeChinesewerecompetinginthemarket.BecauseofthebasicmonopolyofIndians,thepriceofcementinMalawiisnotstableandcanrisebyabout30%intwodays.Forexample,425cement,theprevious60yuanabag,thenextdaytobuy,maybe85yuan. Inaddition,ponchosarealsoIndianbusiness.TheyusedtobuildfactoriesinMalawi,butnowtheChinesealsohavefactoriesinMalawi. AChinesecompanyhasalsobuiltalargebuildingmaterialsmarketinMalawi.ItshouldbethelargestinMalawi,butthepriceisnotcheap.Itismainlyaimedatthelocalmiddleclass,sowedon’thavemanypeople. BecausemanyAfricansarelivinginpoverty,someoftheirlivesarestillnotmet,andthelocalmarketisfarfromsaturated,suchasthebuildingmaterialswementioned.Therefore,itiseasiertoopenupthemarketindoingbusinesshere. IndianshavecometoMalawiveryearly,sotheyhavesetupalotofrealestateveryearly.Somebusinesseshaveindeedachievedabigsituation.Somelocalpeopleevenbluntlysaythat"Indiantalentisalocal."However,thegoodsofgoodqualityandlowpricecantrulywintheheartsoftheAfricanpeople.IhopethatmadeinChinacanalsobeadayinthebuildingmaterialsmarketinAfrica.Searchattention:Iwenttoseetheworld,updatedthefullversionofthevideoproducedbytheSAOdocumentaryteamdaily,sawthebiggerworld,andthushadmorechoices.EditZhangMin.
How big is the building materials market in Africa? Chinese and Indian businessmen have joined in a strong way. Who is stronger?
(Summary description)Africaisoneofthemostpromisingmarketsintheworld.Inrecentyears,withtherapiddevelopmentofmanyAfricaneconomies,Africancountrieshavebeguntoworkhardoninfrastructureconstruction,whichisfollowedbygreaterdemandforthebuildingmaterialsmarket. Africanpeopleneedabetterlifeandbuildtheirownhomes.Atpresent,manyAfricancountrieshavemadeimprovingresidents'livingconditionsapriorityfornationalplanninganddevelopment.Africaisabouttobreakthrough1.3billionpeople.Asthepopulationgrowthofmanycountriesintheworldslowsdownorevenrecedes,halfoftheworld'spopulationgrowthinthefuturewillbeinAfrica.SuchahugedemographicdividendhasalsoburnedthebuildingmaterialsmarketinAfrica. Wefilmedthedocumentary"IGototheWorld"aroundtheworld.InMalawi,Africa,welearnedaboutthelocalbuildingmaterialsmarket.Malawihasapopulationofnearly20millionandranks61inAfrica'spopulationrankings.AlthoughMalawi'seconomicworldiscountdown,thedemandforbuildingmaterialscannotbeignored. WearecatchingupwiththerainyseasoninMalawi.Everyhouseholdneedstobuildahouse.Theonlythingthatcan'tbebuiltiscement.ThereisnoindustryinMalawi.Itissaidthatthereareonlythreecementplantsinthecountry,butpeoplereallyneedcement.80%ofthecementheredependsonimports. Everyyearatthistime,manytrucksarecomingfromnearbyZambia,MozambiqueandTanzaniatoMalawi,wherealargeamountofcementisshipped.ThecementbusinessismainlyinthehandsofIndians.Whenitistight,theIndians’buildingmaterialsstorewilllineupatthedooreverymorning. Malawi’sbuildingmaterials,electricalappliancesandhardwarewerebasicallyinthehandsofIndians,andonlytwoorthreeChinesewerecompetinginthemarket.BecauseofthebasicmonopolyofIndians,thepriceofcementinMalawiisnotstableandcanrisebyabout30%intwodays.Forexample,425cement,theprevious60yuanabag,thenextdaytobuy,maybe85yuan. Inaddition,ponchosarealsoIndianbusiness.TheyusedtobuildfactoriesinMalawi,butnowtheChinesealsohavefactoriesinMalawi. AChinesecompanyhasalsobuiltalargebuildingmaterialsmarketinMalawi.ItshouldbethelargestinMalawi,butthepriceisnotcheap.Itismainlyaimedatthelocalmiddleclass,sowedon’thavemanypeople. BecausemanyAfricansarelivinginpoverty,someoftheirlivesarestillnotmet,andthelocalmarketisfarfromsaturated,suchasthebuildingmaterialswementioned.Therefore,itiseasiertoopenupthemarketindoingbusinesshere. IndianshavecometoMalawiveryearly,sotheyhavesetupalotofrealestateveryearly.Somebusinesseshaveindeedachievedabigsituation.Somelocalpeopleevenbluntlysaythat"Indiantalentisalocal."However,thegoodsofgoodqualityandlowpricecantrulywintheheartsoftheAfricanpeople.IhopethatmadeinChinacanalsobeadayinthebuildingmaterialsmarketinAfrica.Searchattention:Iwenttoseetheworld,updatedthefullversionofthevideoproducedbytheSAOdocumentaryteamdaily,sawthebiggerworld,andthushadmorechoices.EditZhangMin.
- Categories:Industry
- Author:
- Origin:
- Time of issue:2018-12-26 10:21
- Views:
Africa is one of the most promising markets in the world. In recent years, with the rapid development of many African economies, African countries have begun to work hard on infrastructure construction, which is followed by greater demand for the building materials market.
African people need a better life and build their own homes. At present, many African countries have made improving residents' living conditions a priority for national planning and development. Africa is about to break through 1.3 billion people. As the population growth of many countries in the world slows down or even recedes, half of the world's population growth in the future will be in Africa. Such a huge demographic dividend has also burned the building materials market in Africa.
We filmed the documentary "I Go to the World" around the world. In Malawi, Africa, we learned about the local building materials market. Malawi has a population of nearly 20 million and ranks 61 in Africa's population rankings. Although Malawi's economic world is countdown, the demand for building materials cannot be ignored.
We are catching up with the rainy season in Malawi. Every household needs to build a house. The only thing that can't be built is cement. There is no industry in Malawi. It is said that there are only three cement plants in the country, but people really need cement. 80% of the cement here depends on imports.
Every year at this time, many trucks are coming from nearby Zambia, Mozambique and Tanzania to Malawi, where a large amount of cement is shipped. The cement business is mainly in the hands of Indians. When it is tight, the Indians’ building materials store will line up at the door every morning.
Malawi’s building materials, electrical appliances and hardware were basically in the hands of Indians, and only two or three Chinese were competing in the market. Because of the basic monopoly of Indians, the price of cement in Malawi is not stable and can rise by about 30% in two days. For example, 425 cement, the previous 60 yuan a bag, the next day to buy, may be 85 yuan.
In addition, ponchos are also Indian business. They used to build factories in Malawi, but now the Chinese also have factories in Malawi.
A Chinese company has also built a large building materials market in Malawi. It should be the largest in Malawi, but the price is not cheap. It is mainly aimed at the local middle class, so we don’t have many people.
Because many Africans are living in poverty, some of their lives are still not met, and the local market is far from saturated, such as the building materials we mentioned. Therefore, it is easier to open up the market in doing business here.
Indians have come to Malawi very early, so they have set up a lot of real estate very early. Some businesses have indeed achieved a big situation. Some local people even bluntly say that "Indian talent is a local." However, the goods of good quality and low price can truly win the hearts of the African people. I hope that made in China can also be a day in the building materials market in Africa. Search attention: I went to see the world, updated the full version of the video produced by the SAO documentary team daily, saw the bigger world, and thus had more choices. Edit Zhang Min.
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