South Africa - Polyethylene Or Polypropylene Binder Or Baler (Agricultural) Twines - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

South Africa - Polyethylene Or Polypropylene Binder Or Baler (Agricultural) Twines - Market Analysis, Forecast, Size, Trends And Insights

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Polyethylene Binder Price in South Africa - 2023

Contents:

  1. Polyethylene Binder Price in South Africa (CIF) - 2022
  2. Polyethylene Binder Price in South Africa (FOB) - 2022
  3. Polyethylene Binder Imports in South Africa
  4. Polyethylene Binder Exports in South Africa

Polyethylene Binder Price in South Africa (CIF) - 2022

In 2022, the average polyethylene binder import price amounted to $2,885 per ton, falling by -2.5% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 19% against the previous year. As a result, import price attained the peak level of $2,959 per ton, and then contracted modestly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($5,094 per ton), while the price for Vietnam ($1,823 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+6.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Polyethylene Binder Price in South Africa (FOB) - 2022

In 2022, the average polyethylene binder export price amounted to $2,376 per ton, reducing by -5% against the previous year. Overall, the export price saw a pronounced decrease. The pace of growth was the most pronounced in 2013 an increase of 13%. As a result, the export price attained the peak level of $3,760 per ton. From 2014 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 Kenya ($7,241 per ton), while the average price for exports to Swaziland ($1,430 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 Kenya (+15.0%), while the prices for the other major destinations experienced mixed trend patterns.

Polyethylene Binder Imports in South Africa

In 2022, purchases abroad of polyethylene or polypropylene binder or baler (agricultural) twines decreased by -9.1% to 920 tons, falling for the second consecutive year after two years of growth. In general, imports showed a perceptible reduction. The most prominent rate of growth was recorded in 2020 with an increase of 2.7% against the previous year. As a result, imports reached the peak of 1K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, polyethylene binder imports reduced to $2.7M in 2022. The total import value increased at an average annual rate of +1.8% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 17% against the previous year. As a result, imports reached the peak of $3M, and then declined in the following year.

Import of Polyethylene Binder in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hungary1,2921,1871,9201,3451.3%
Germany927802773799-4.8%
Portugal16629711122610.8%
Vietnam8.132.7N/A151165.2%
Others1272331921352.1%
Total2,5202,5512,9972,6551.8%

Top Suppliers of Polyethylene Binder to South Africa in 2022:

  1. Hungary (436.2 tons)
  2. Germany (303.3 tons)
  3. Portugal (88.4 tons)
  4. Vietnam (83.0 tons)

Polyethylene Binder Exports in South Africa

After three years of growth, shipments abroad of polyethylene or polypropylene binder or baler (agricultural) twines decreased by -31.4% to 66 tons in 2022. In general, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +8.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 38% against the previous year. As a result, the exports attained the peak of 97 tons, and then shrank sharply in the following year.

In value terms, polyethylene binder exports dropped sharply to $158K in 2022. Overall, total exports indicated a perceptible expansion from 2019 to 2022: its value increased at an average annual rate of +4.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 37% against the previous year.

Export of Polyethylene Binder in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Namibia35.642.636.833.9-1.6%
Mozambique33.816.972.328.2-5.9%
Botswana15.429.938.826.820.3%
KenyaN/AN/AN/A21.20%
Zambia15.629.521.319.67.9%
Swaziland15.215.312.617.14.0%
Zimbabwe0.720.214.48.0125.2%
Mauritius11.429.022.9N/A41.7%
Others9.43.822.42.7-34.0%
Total1371872421584.9%

Top Export Markets for Polyethylene Binder from South Africa in 2022:

  1. Namibia (19.4 tons)
  2. Mozambique (14.1 tons)
  3. Swaziland (12.0 tons)
  4. Botswana (8.1 tons)
  5. Zambia (6.1 tons)
  6. Zimbabwe (3.1 tons)
  7. Kenya (2.9 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the polyethylene binder 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 13941155 - Polyethylene or polypropylene binder or baler (agricultural) t wines

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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