Africa: Plastic Bag Market 2024

Plastic Bag Market Size in Africa

The African plastic bag market fell modestly to $X in 2022, remaining stable against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Plastic Bag Production in Africa

In value terms, plastic bag production dropped to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Plastic Bag Exports

Exports in Africa

In 2022, exports of plastic sacks and bags in Africa skyrocketed to X tons, with an increase of X% compared with the year before. Over the period under review, exports continue to indicate a relatively flat trend pattern. The volume of export peaked at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, plastic bag exports rose rapidly to $X in 2022. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

Exports by Country

In 2022, Togo (X tons) represented the major exporter of plastic sacks and bags, achieving X% of total exports. It was distantly followed by South Africa (X tons), Cote d'Ivoire (X tons) and Nigeria (X tons), together constituting a X% share of total exports. The following exporters - Egypt (X tons) and Cameroon (X tons) - together made up X% of total exports.

From 2012 to 2022, average annual rates of growth with regard to plastic bag exports from Togo stood at X%. At the same time, Nigeria (X%) and Cameroon (X%) displayed positive paces of growth. Moreover, Nigeria emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. Egypt and South Africa experienced a relatively flat trend pattern. By contrast, Cote d'Ivoire (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Togo and Nigeria increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Togo ($X), South Africa ($X) and Cote d'Ivoire ($X) constituted the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

In terms of the main exporting countries, Togo, 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

The export price in Africa stood at $X per ton in 2022, reducing by X% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of X%. The level of export peaked at $X per ton in 2021, and then fell modestly in the following year.

Prices varied noticeably by country of origin: 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 South Africa (X%), while the other leaders experienced more modest paces of growth.

Plastic Bag Imports

Imports in Africa

In 2022, imports of plastic sacks and bags in Africa expanded markedly to X tons, with an increase of X% against the year before. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 when imports increased by X%. The volume of import peaked at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, plastic bag imports expanded slightly to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, 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 2021 with an increase of X%. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the immediate term.

Imports by Country

The countries with the highest levels of plastic bag imports in 2022 were Mali (X tons), Angola (X tons), Ghana (X tons), Burkina Faso (X tons), Nigeria (X tons), South Africa (X tons), Ethiopia (X tons), Morocco (X tons), Benin (X tons), Sudan (X tons), Mozambique (X tons) and Somalia (X tons), together reaching X% of total import. Gabon (X tons) held a minor share of total imports.

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

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

Somalia, with a CAGR of X%, recorded the highest growth rate of the value of imports, among 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

The import price in Africa stood at $X per ton in 2022, which is down by X% against the previous year. In general, the import price recorded a mild decline. The growth pace was the most rapid in 2021 when the import price increased by X%. Over the period under review, import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 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 more modest paces of growth.

Source: IndexBox Platform

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