South Africa - Expansible Polystyrene In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingExpansible Polystyrene Price in South Africa - 2023
Contents:
- Expansible Polystyrene Price in South Africa (CIF) - 2023
- Expansible Polystyrene Price in South Africa (FOB) - 2022
- Expansible Polystyrene Imports in South Africa
- Expansible Polystyrene Exports in South Africa
Expansible Polystyrene Price in South Africa (CIF) - 2023
The average expansible polystyrene import price stood at $1,793 per ton in July 2023, picking up by 16% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The import price peaked at $1,935 per ton in September 2022; however, from October 2022 to July 2023, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In July 2023, the highest price was recorded for prices from China ($1,792 per ton) and the Netherlands ($1,784 per ton), while the price for Pakistan ($1,525 per ton) and South Korea ($1,732 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by China (+0.7%), while the prices for the other major suppliers experienced a decline.
Expansible Polystyrene Price in South Africa (FOB) - 2022
In 2022, the average expansible polystyrene export price amounted to $3,171 per ton, increasing by 21% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average export price increased by 105% against the previous year. As a result, the export price attained the peak level of $5,191 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($13,294 per ton), while the average price for exports to Botswana ($776 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (+20.3%), while the prices for the other major destinations experienced more modest paces of growth.
Expansible Polystyrene Imports in South Africa
Expansible polystyrene imports into South Africa contracted slightly to 14K tons in 2022, leveling off at 2021. In general, imports recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 13%.
In value terms, expansible polystyrene imports rose significantly to $25M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +6.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +76.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 56%. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in years to come.
| Import of Expansible Polystyrene in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.6 | 2.1 | 7.2 | 13.7 | 27.6% |
| Taiwan (Chinese) | 6.2 | 6.3 | 8.9 | 8.9 | 12.8% |
| Netherlands | 1.1 | 0.8 | 1.5 | 1.1 | 0.0% |
| Belgium | 0.6 | 0.2 | 0.5 | 0.4 | -12.6% |
| Germany | 1.3 | 1.0 | 0.6 | 0.1 | -57.5% |
| South Korea | 3.1 | 2.4 | 1.2 | 0.1 | -68.2% |
| Others | 1.8 | 1.3 | 2.1 | 0.7 | -27.0% |
| Total | 20.8 | 14.1 | 22.0 | 24.9 | 6.2% |
Top Suppliers of Expansible Polystyrene to South Africa in 2022:
- Germany (undefinedK tons)
- South Korea (undefinedK tons)
- China (7.8K tons)
- Taiwan (Chinese) (4.8K tons)
- Netherlands (0.4K tons)
- Belgium (0.1K tons)
Expansible Polystyrene Exports in South Africa
Expansible polystyrene exports from South Africa dropped to 171 tons in 2022, declining by -9.8% compared with the year before. Overall, exports, however, saw resilient growth. The pace of growth was the most pronounced in 2021 when exports increased by 285%. As a result, the exports attained the peak of 190 tons, and then shrank in the following year.
In value terms, expansible polystyrene exports stood at $544K in 2022. In general, exports, however, continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of 95%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.
| Export of Expansible Polystyrene in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Zimbabwe | 76.4 | 58.0 | 117 | 146 | 24.1% |
| Democratic Republic of the Congo | 30.1 | 130 | 47.9 | 130 | 62.9% |
| Swaziland | 47.2 | 12.9 | 85.5 | 69.0 | 13.5% |
| Namibia | 121 | 22.8 | 74.7 | 67.1 | -17.8% |
| Mozambique | 8.8 | 0.7 | 78.7 | 60.6 | 90.3% |
| Zambia | 34.9 | 3.7 | 51.4 | 56.2 | 17.2% |
| Botswana | 3.2 | 3.3 | 33.7 | 4.8 | 14.5% |
| Others | 1.0 | 24.2 | 9.2 | 9.7 | 113.3% |
| Total | 323 | 256 | 498 | 544 | 19.0% |
Top Export Markets for Expansible Polystyrene from South Africa in 2022:
- Namibia (48.5 tons)
- Zimbabwe (39.7 tons)
- Swaziland (24.5 tons)
- Mozambique (21.3 tons)
- Zambia (20.6 tons)
- Democratic Republic of the Congo (9.8 tons)
- Botswana (6.2 tons)
This report provides an in-depth analysis of the expansible polystyrene market in South Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20162035 - Expansible polystyrene, in primary forms
Country coverage:
- South Africa
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in South Africa
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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