SADC: Market for Cellular Plates, Sheets and Films of Polyymers of Styrene 2024

Market Size for Cellular Plates, Sheets and Films of Polyymers of Styrene in SADC

The SADC market for cellular plates, sheets and films of polyymers of styrene was estimated at $X in 2023, surging by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2022 to 2023, the growth of the market remained at a somewhat lower figure.

Production of Cellular Plates, Sheets and Films of Polyymers of Styrene in SADC

In value terms, production of cellular plates, sheets and films of polyymers of styrene rose sharply to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, production attained the peak level of $X. From 2022 to 2023, production of growth failed to regain momentum.

Exports of Cellular Plates, Sheets and Films of Polyymers of Styrene

Exports in SADC

In 2023, after four years of growth, there was significant decline in shipments abroad of cellular plates, sheets and films of polyymers of styrene, when their volume decreased by X% to X tons. Overall, exports, however, continue to indicate buoyant growth. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, the exports of attained the peak figure at X tons in 2022, and then dropped remarkably in the following year.

In value terms, exports of cellular plates, sheets and films of polyymers of styrene shrank dramatically to $X in 2023. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. The level of export peaked at $X in 2014; however, from 2015 to 2023, the exports remained at a lower figure.

Exports by Country

South Africa (X tons) represented roughly X% of total exports in 2023.

South Africa was also the fastest-growing in terms of the cellular plates, sheets and films of polyymers of styrene exports, with a CAGR of X% from 2012 to 2023. From 2012 to 2023, the share of South Africa increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) also remains the largest polystyrene cellular plates, sheets and films supplier in SADC.

From 2012 to 2023, the average annual rate of growth in terms of value in South Africa stood at X%.

Export Prices by Country

In 2023, the export price in SADC amounted to $X per ton, rising by X% against the previous year. Overall, the export price, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2023, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for South Africa.

From 2012 to 2023, the rate of growth in terms of prices for South Africa amounted to X% per year.

Imports of Cellular Plates, Sheets and Films of Polyymers of Styrene

Imports in SADC

In 2023, imports of cellular plates, sheets and films of polyymers of styrene in SADC declined to X tons, shrinking by X% against 2022. In general, imports, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, imports of reached the maximum at X tons in 2018; however, from 2019 to 2023, imports remained at a lower figure.

In value terms, imports of cellular plates, sheets and films of polyymers of styrene soared to $X in 2023. Total imports indicated measured growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The level of import peaked in 2023 and is likely to see gradual growth in the near future.

Imports by Country

In 2023, Tanzania (X tons) represented the major importer of cellular plates, sheets and films of polyymers of styrene, generating X% of total imports. South Africa (X tons) took the second position in the ranking, distantly followed by Democratic Republic of the Congo (X tons), Angola (X tons) and Zimbabwe (X tons). All these countries together held near X% share of total imports. The following importers - Mozambique (X tons) and Zambia (X tons) - each finished at an X% share of total imports.

From 2012 to 2023, average annual rates of growth with regard to polystyrene cellular plates, sheets and films imports into Tanzania stood at X%. At the same time, Democratic Republic of the Congo (X%), Mozambique (X%), Zimbabwe (X%) and Zambia (X%) displayed positive paces of growth. Moreover, Democratic Republic of the Congo emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2023. South Africa experienced a relatively flat trend pattern. By contrast, Angola (X%) illustrated a downward trend over the same period. Tanzania (X p.p.), Democratic Republic of the Congo (X p.p.), Mozambique (X p.p.) and Zimbabwe (X p.p.) significantly strengthened its position in terms of the total imports, while Angola and South Africa saw its share reduced by X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Tanzania ($X), South Africa ($X) and Democratic Republic of the Congo ($X) were the countries with the highest levels of imports in 2023, together accounting for X% of total imports.

Democratic Republic of the Congo, with a CAGR of X%, saw 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

The import price in SADC stood at $X per ton in 2023, increasing by X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was South Africa ($X per ton), while Mozambique ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Zimbabwe (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform