South Africa - Folding Boxboard - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

South Africa - Folding Boxboard - Market Analysis, Forecast, Size, Trends and Insights

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Folding Boxboard Price in South Africa - 2023

Contents:

  1. Folding Boxboard Price in South Africa (CIF) - 2022
  2. Folding Boxboard Price in South Africa (FOB) - 2023
  3. Folding Boxboard Imports in South Africa
  4. Folding Boxboard Exports in South Africa

Folding Boxboard Price in South Africa (CIF) - 2022

The average folding boxboard import price stood at $1,537 per ton in 2022, rising by 8.6% against the previous year. Over the last decade, it increased at an average annual rate of +2.0%. The pace of growth was the most pronounced in 2021 when the average import price increased by 20%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($2,458 per ton), while the price for South Korea ($598 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Folding Boxboard Price in South Africa (FOB) - 2023

In July 2023, the average folding boxboard export price amounted to $2,291 per ton, falling by -15.6% against the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in June 2023 an increase of 33% against the previous month. Over the period under review, the average export prices reached the peak figure at $2,954 per ton in March 2023; however, from April 2023 to July 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Malawi ($7,770 per ton), while the average price for exports to Zambia ($1,210 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Malawi (+10.9%), while the prices for the other major destinations experienced more modest paces of growth.

Folding Boxboard Imports in South Africa

Folding boxboard imports into South Africa rose to 173K tons in 2022, growing by 4.3% on 2021 figures. In general, imports, however, continue to indicate a relatively flat trend pattern.

In value terms, folding boxboard imports expanded rapidly to $266M in 2022. The total import value increased at an average annual rate of +6.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 13%. Imports peaked in 2022 and are likely to see steady growth in years to come.

Import of Folding Boxboard in South Africa (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China18.312.621.533.922.8%
Pakistan7.719.027.630.958.9%
Finland21.515.216.428.19.3%
United States17.019.019.526.115.4%
Brazil43.741.521.822.1-20.3%
India16.013.715.119.26.3%
Germany23.013.920.518.7-6.7%
Italy10.48.311.517.619.2%
Netherlands2.27.311.810.769.4%
South Korea10.36.75.69.4-3.0%
Australia3.16.95.28.238.3%
Sweden12.57.35.06.3-20.4%
Indonesia2.53.03.74.117.9%
Others31.632.949.730.5-1.2%
Total2202072352666.5%

Top Suppliers of Folding Boxboard to South Africa in 2022:

  1. China (24.4K tons)
  2. Finland (22.1K tons)
  3. United States (16.1K tons)
  4. South Korea (15.7K tons)
  5. Australia (13.3K tons)
  6. Pakistan (13.1K tons)
  7. Brazil (12.7K tons)
  8. India (11.4K tons)
  9. Netherlands (9.5K tons)
  10. Germany (7.6K tons)
  11. Italy (7.1K tons)
  12. Sweden (5.2K tons)
  13. Indonesia (3.3K tons)

Folding Boxboard Exports in South Africa

In 2022, approx. 19K tons of folding boxboard were exported from South Africa; increasing by 17% on the previous year. Overall, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +22.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +82.4% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 35% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the immediate term.

In value terms, folding boxboard exports surged to $41M in 2022. In general, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +13.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +46.3% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 23% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in years to come.

Export of Folding Boxboard in South Africa (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Zimbabwe6.46.613.119.144.0%
Botswana5.26.25.45.30.6%
Malawi0.91.12.83.963.0%
Zambia4.74.25.03.4-10.2%
Mozambique1.01.41.93.348.9%
Nigeria7.06.74.22.1-33.1%
Namibia1.40.70.61.910.7%
Others1.51.82.52.010.1%
Total28.028.735.541.013.6%

Top Export Markets for Folding Boxboard from South Africa in 2022:

  1. Zimbabwe (8.5K tons)
  2. Zambia (2.0K tons)
  3. Botswana (1.7K tons)
  4. Malawi (1.6K tons)
  5. Mozambique (1.6K tons)
  6. Namibia (1.2K tons)
  7. Nigeria (0.6K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the folding boxboard 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:

  • FCL 1618 - Cartonboard

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Folding Boxboard - South Africa