South Africa - Plastic Fittings For Furniture - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPlastic Furniture Fittings Price in South Africa - 2023
Contents:
- Plastic Furniture Fittings Price in South Africa (CIF) - 2023
- Plastic Furniture Fittings Price in South Africa (FOB) - 2022
- Plastic Furniture Fittings Imports in South Africa
- Plastic Furniture Fittings Exports in South Africa
Plastic Furniture Fittings Price in South Africa (CIF) - 2023
The average plastic furniture fittings import price stood at $10,197 per ton in July 2023, picking up by 35% against the previous month. Overall, import price indicated moderate growth from July 2022 to July 2023: its price increased at an average monthly rate of +3.4% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, plastic furniture fittings import price increased by +62.3% against April 2023 indices. The growth pace was the most rapid in October 2022 when the average import price increased by 41% month-to-month. The import price peaked in July 2023.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Italy ($31,428 per ton), while the price for China ($6,878 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Italy (+17.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Plastic Furniture Fittings Price in South Africa (FOB) - 2022
In 2022, the average plastic furniture fittings export price amounted to $3,084 per ton, declining by -30.8% against the previous year. In general, the export price saw a slight contraction. The pace of growth appeared the most rapid in 2020 an increase of 58%. As a result, the export price reached the peak level of $5,306 per ton. From 2021 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($10,400 per ton), while the average price for exports to Zimbabwe ($1,572 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 Namibia (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.
Plastic Furniture Fittings Imports in South Africa
In 2022, imports of plastic fittings for furniture into South Africa expanded modestly to 1.5K tons, growing by 2.4% on 2021. In general, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +10.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.2% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 44% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in years to come.
In value terms, plastic furniture fittings imports shrank to $7.2M in 2022. Over the period under review, total imports indicated a noticeable increase from 2019 to 2022: its value increased at an average annual rate of +3.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.8% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 69% against the previous year. As a result, imports attained the peak of $7.8M, and then shrank in the following year.
Import of Plastic Furniture Fittings in South Africa (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1,074 | 1,200 | 2,033 | 2,463 | 31.9% |
Germany | 2,332 | 1,423 | 2,085 | 1,538 | -13.0% |
Poland | 66.7 | 35.0 | 647 | 706 | 119.6% |
Italy | 200 | 313 | 491 | 430 | 29.1% |
Slovenia | 116 | 156 | 127 | 269 | 32.4% |
United States | 207 | 153 | 259 | 249 | 6.4% |
Austria | 119 | 87.1 | 184 | 187 | 16.3% |
Lesotho | 1,295 | 401 | 3.9 | N/A | -94.5% |
Others | 1,224 | 826 | 1,927 | 1,407 | 4.8% |
Total | 6,633 | 4,595 | 7,757 | 7,249 | 3.0% |
Top Suppliers of Plastic Furniture Fittings to South Africa in 2022:
- China (948.1 tons)
- Germany (153.1 tons)
- Italy (78.4 tons)
- Poland (61.4 tons)
- Slovenia (49.7 tons)
- United States (27.9 tons)
- Austria (22.6 tons)
Plastic Furniture Fittings Exports in South Africa
In 2022, overseas shipments of plastic fittings for furniture decreased by -27.4% to 347 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, enjoyed a prominent expansion. The pace of growth was the most pronounced in 2021 when exports increased by 76% against the previous year. As a result, the exports attained the peak of 477 tons, and then fell remarkably in the following year.
In value terms, plastic furniture fittings exports reduced notably to $1.1M in 2022. In general, exports, however, posted buoyant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 76%.
Export of Plastic Furniture Fittings in South Africa (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Zimbabwe | 361 | 294 | 373 | 352 | -0.8% |
Mozambique | 69.3 | 70.6 | 73.8 | 93.6 | 10.5% |
Thailand | N/A | 0.1 | 2.0 | 84.8 | 2812.0% |
Turkey | N/A | 1.1 | 64.5 | 83.3 | 770.2% |
Zambia | 62.1 | 56.6 | 217 | 75.3 | 6.6% |
United States | 15.5 | 127 | 125 | 39.1 | 36.1% |
Namibia | 59.0 | 41.6 | 28.1 | 36.7 | -14.6% |
Botswana | 50.4 | 47.4 | 55.4 | 30.6 | -15.3% |
Ghana | 29.7 | N/A | 69.3 | 29.5 | -0.2% |
Swaziland | 21.9 | 14.7 | 25.5 | 23.1 | 1.8% |
Philippines | N/A | 500 | 322 | 0.1 | -98.6% |
Others | 149 | 284 | 770 | 221 | 14.0% |
Total | 819 | 1,438 | 2,127 | 1,069 | 9.3% |
Top Export Markets for Plastic Furniture Fittings from South Africa in 2022:
- Philippines (undefined tons)
- Zimbabwe (223.9 tons)
- Mozambique (22.2 tons)
- Turkey (16.4 tons)
- Zambia (11.7 tons)
- United States (11.0 tons)
- Swaziland (10.0 tons)
- Namibia (8.6 tons)
- Thailand (8.2 tons)
- Botswana (7.8 tons)
- Ghana (6.1 tons)
This report provides an in-depth analysis of the plastic furniture fittings 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 22292610 - Plastic fittings for furniture, coachwork or the like
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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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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
This report provides an in-depth analysis of the plastic furniture fittings market in South Africa.
This report provides an in-depth analysis of the office supply market in South Africa.
This report provides an in-depth analysis of the plastic ornamental articles market in South Africa.
This report provides an in-depth analysis of the global plastic furniture fittings market.
This report provides an in-depth analysis of the global office supply market.
This report provides an in-depth analysis of the global plastic ornamental articles market.
This report provides an in-depth analysis of the plastic furniture fittings market in South Africa.
This report provides an in-depth analysis of the office supply market in South Africa.
This report provides an in-depth analysis of the plastic ornamental articles market in South Africa.
This report provides an in-depth analysis of the global plastic furniture fittings market.
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