Africa: Plastic Supports Market 2024

Plastic Supports Market Size in Africa

The African plastic supports market amounted to $X in 2022, almost unchanged from the previous year. The total consumption indicated buoyant growth 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, consumption decreased by X% against 2020 indices. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Plastic Supports Production in Africa

In value terms, plastic supports production rose modestly to $X in 2022 estimated in export price. The total production indicated a remarkable 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 2016 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Plastic Supports Exports

Exports in Africa

For the third year in a row, Africa recorded growth in overseas shipments of spools, cops, bobbins and similar supports of plastics, which increased by X% to X tons in 2022. Overall, exports posted a buoyant expansion. The pace of growth appeared the most rapid in 2014 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, plastic supports exports surged to $X in 2022. Over the period under review, exports showed a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Kenya represented the key exporting country with an export of about X tons, which accounted for X% of total exports. South Africa (X tons) took the second position in the ranking, distantly followed by Morocco (X tons). All these countries together held approx. X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to plastic supports exports from Kenya stood at X%. At the same time, South Africa (X%) and Morocco (X%) displayed positive paces of growth. Moreover, South Africa emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. While the share of South Africa (X p.p.) and Kenya (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Morocco (X p.p.) displayed negative dynamics.

In value terms, the largest plastic supports supplying countries in Africa were Kenya ($X), South Africa ($X) and Morocco ($X), together comprising X% of total exports.

South Africa, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of 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

The export price in Africa stood at $X per ton in 2022, rising by X% against the previous year. In general, the export price, however, continues to indicate a slight slump. The level of export peaked at $X per ton in 2012; however, from 2013 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 Morocco ($X per ton), while Kenya ($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 mixed trends in the export price figures.

Plastic Supports Imports

Imports in Africa

For the third year in a row, Africa recorded growth in purchases abroad of spools, cops, bobbins and similar supports of plastics, which increased by X% to X tons in 2022. In general, imports saw a strong expansion. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The volume of import peaked in 2022 and is likely to see steady growth in the near future.

In value terms, plastic supports imports fell to $X in 2022. Total imports 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, imports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2021, and then shrank in the following year.

Imports by Country

Uganda prevails in imports structure, recording X tons, which was approx. X% of total imports in 2022. It was distantly followed by Burundi (X tons), committing a X% share of total imports. South Africa (X tons), Angola (X tons), Morocco (X tons) and Ghana (X tons) held a minor share of total imports.

Imports into Uganda increased at an average annual rate of X% from 2012 to 2022. At the same time, Burundi (X%), Ghana (X%), Angola (X%), South Africa (X%) and Morocco (X%) displayed positive paces of growth. Moreover, Burundi emerged as the fastest-growing importer imported in Africa, with a CAGR of X% from 2012-2022. While the share of Burundi (X p.p.), Uganda (X p.p.), Angola (X p.p.) and Ghana (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Morocco (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Uganda ($X) constitutes the largest market for imported spools, cops, bobbins and similar supports of plastics in Africa, comprising X% of total imports. The second position in the ranking was held by Morocco ($X), with an X% share of total imports. It was followed by South Africa, with a X% share.

In Uganda, plastic supports imports increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Morocco (X% per year) and South Africa (X% per year).

Import Prices by Country

In 2022, the import price in Africa amounted to $X per ton, reducing by X% against the previous year. Overall, the import price saw a abrupt decrease. The pace of growth appeared the most rapid in 2019 when the import price increased by X%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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