Africa: Plastic Packaging Market 2024

Plastic Packaging Market Size in Africa

The African plastic packaging market reached $X in 2022, flattening at the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Plastic Packaging Production in Africa

In value terms, plastic packaging production rose to $X in 2022 estimated in export price. The total production indicated a resilient increase from 2012 to 2022: its value 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, production decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2019 with an increase of X%. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Plastic Packaging Exports

Exports in Africa

In 2022, approx. X tons of plastic packaging were exported in Africa; with a decrease of X% against the previous year's figure. Overall, exports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, plastic packaging exports rose markedly to $X in 2022. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the near future.

Exports by Country

South Africa (X tons) and Togo (X tons) represented the largest exporters of plastic packaging in 2022, reaching approx. X% and X% of total exports, respectively. Cote d'Ivoire (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Egypt (X%) and Morocco (X%). The following exporters - Mauritius (X tons), Kenya (X tons), Nigeria (X tons), Uganda (X tons), Senegal (X tons) and Ghana (X tons) - together made up X% of total exports.

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

In value terms, South Africa ($X), Togo ($X) and Egypt ($X) constituted the countries with the highest levels of exports in 2022, together comprising X% of total exports.

In terms of the main exporting countries, Egypt, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, 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, growing by X% against the previous year. Export price indicated a prominent expansion from 2012 to 2022: its price 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. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton; afterwards, it flattened through to 2022.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Egypt ($X per ton), while Nigeria ($X per ton) was amongst the lowest.

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

Plastic Packaging Imports

Imports in Africa

Plastic packaging imports rose slightly to X tons in 2022, surging by X% compared with the previous year. 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 being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Over the period under review, imports attained the maximum at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, plastic packaging imports stood at $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. The level of import peaked at $X in 2019; afterwards, it flattened through to 2022.

Imports by Country

The countries with the highest levels of plastic packaging imports in 2022 were Morocco (X tons), South Africa (X tons), Angola (X tons), Mali (X tons), Burkina Faso (X tons), Sudan (X tons), Ghana (X tons), Libya (X tons), Nigeria (X tons), Tunisia (X tons), Benin (X tons) and Ethiopia (X tons), together recording X% of total import. Somalia (X tons) followed a long way behind the leaders.

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

In value terms, Morocco ($X), South Africa ($X) and Ghana ($X) constituted the countries with the highest levels of imports in 2022, together comprising X% of total imports. Tunisia, Mali, Sudan, Libya, Ethiopia, Angola, Somalia, Benin, Nigeria and Burkina Faso lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Somalia, with a CAGR of X%, recorded the highest rates of growth with regard to 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

The import price in Africa stood at $X per ton in 2022, approximately reflecting the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the import price increased by X%. The level of import peaked at $X per ton in 2021, and then reduced modestly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Somalia (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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