Africa: Lamp Plastic Parts Market 2024

Lamp Plastic Parts Market Size in Africa

In 2022, after four years of growth, there was significant decline in the African lamp plastic parts market, when its value decreased by X% to $X. In general, consumption showed a mild decline. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Lamp Plastic Parts Production in Africa

In value terms, lamp plastic parts production reached $X in 2022 estimated in export price. Overall, production, however, saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2019 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.

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Lamp Plastic Parts Exports

Exports in Africa

In 2022, overseas shipments of plastic parts for lamps and lighting fittings increased by X% to X tons, rising for the second year in a row after four years of decline. In general, exports posted resilient growth. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, lamp plastic parts exports surged to $X in 2022. Over the period under review, exports continue to indicate a strong increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

South Africa dominates exports structure, accounting for X tons, which was near X% of total exports in 2022. Morocco (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Tunisia (X%).

From 2012 to 2022, average annual rates of growth with regard to lamp plastic parts exports from South Africa stood at X%. At the same time, Tunisia (X%) and Morocco (X%) displayed positive paces of growth. Moreover, Tunisia emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. Tunisia (X p.p.) and Morocco (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest lamp plastic parts supplier in Africa, comprising X% of total exports. The second position in the ranking was held by Tunisia ($X), with a X% share of total exports.

In South Africa, lamp plastic parts exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Tunisia (X% per year) and Morocco (X% per year).

Export Prices by Country

In 2022, the export price in Africa amounted to $X per ton, leveling off at the previous year. In general, the export price continues to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2018 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

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 Tunisia ($X per ton), while South Africa ($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 a decline in the export price figures.

Lamp Plastic Parts Imports

Imports in Africa

In 2022, the amount of plastic parts for lamps and lighting fittings imported in Africa contracted rapidly to X tons, shrinking by X% on the previous year's figure. Total imports indicated a modest increase 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, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, imports reached the peak of X tons, and then shrank significantly in the following year.

In value terms, lamp plastic parts imports dropped significantly to $X in 2022. Total imports indicated a temperate 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, imports increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then fell sharply in the following year.

Imports by Country

Algeria (X tons), Morocco (X tons), Tunisia (X tons), Cameroon (X tons), Zambia (X tons), Djibouti (X tons), South Africa (X tons), Tanzania (X tons), Egypt (X tons), Ghana (X tons), Libya (X tons) and Angola (X tons) represented roughly X% of total imports in 2022.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Zambia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest lamp plastic parts importing markets in Africa were Algeria ($X), Morocco ($X) and Egypt ($X), with a combined X% share of total imports. Cameroon, Tunisia, South Africa, Djibouti, Libya, Ghana, Tanzania, Angola and Zambia lagged somewhat behind, together comprising a further X%.

Libya, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main importing countries 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, flattening at the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2015 an increase of X% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2021, and then fell in the following year.

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

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

Source: IndexBox Platform

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