Africa: Packaging Materials Market 2024

Packaging Materials Market Size in Africa

After three years of decline, the African packaging materials market increased by X% to $X in 2022. Overall, consumption, however, showed a pronounced reduction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Packaging Materials Production in Africa

In value terms, packaging materials production reduced slightly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a slight downturn. The growth pace was the most rapid in 2018 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Packaging Materials Exports

Exports in Africa

After two years of growth, overseas shipments of packaging materials decreased by X% to X tons in 2022. Total exports indicated a pronounced expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons, and then reduced remarkably in the following year.

In value terms, packaging materials exports fell slightly to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of $X, and then contracted in the following year.

Exports by Country

South Africa (X tons) and Egypt (X tons) prevails in exports structure, together committing X% of total exports. It was distantly followed by Tanzania (X tons), achieving an X% share of total exports. Tunisia (X tons), Kenya (X tons), Morocco (X tons) and Ghana (X tons) took a little share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Egypt (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X), Egypt ($X) and Tanzania ($X) were the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

Egypt, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Africa amounted to $X per ton, jumping by X% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. Over the period under review, the export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Tunisia ($X per ton), while Ghana ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tanzania (X%), while the other leaders experienced more modest paces of growth.

Packaging Materials Imports

Imports in Africa

In 2022, overseas purchases of packaging materials increased by X% to X tons, rising for the second consecutive year after two years of decline. The total import volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, packaging materials imports skyrocketed to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Morocco (X tons), Egypt (X tons), South Africa (X tons) and Algeria (X tons) was the largest importer of packaging materials in Africa, comprising X% of total import. Kenya (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Nigeria (X%). Tunisia (X tons), Cote d'Ivoire (X tons), Ghana (X tons), Senegal (X tons), Tanzania (X tons) and Sudan (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Cote d'Ivoire (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest packaging materials importing markets in Africa were Egypt ($X), Morocco ($X) and South Africa ($X), with a combined X% share of total imports. Algeria, Nigeria, Kenya, Tunisia, Cote d'Ivoire, Senegal, Ghana, Tanzania and Sudan lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Cote d'Ivoire, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Africa amounted to $X per ton, surging by X% against the previous year. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the import price increased by X%. The level of import peaked in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was South Africa ($X per ton), while Ghana ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tunisia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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