SADC: Lamp Plastic Parts Market 2024

Lamp Plastic Parts Market Size in SADC

The SADC lamp plastic parts market declined modestly to $X in 2022, approximately mirroring the previous year. In general, consumption, however, showed a pronounced decrease. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Lamp Plastic Parts Production in SADC

In value terms, lamp plastic parts production rose notably to $X in 2022 estimated in export price. In general, production, however, showed a mild descent. The pace of growth was the most pronounced in 2013 with an increase of X%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Lamp Plastic Parts Exports

Exports in SADC

In 2022, overseas shipments of plastic parts for lamps and lighting fittings increased by X% to X tons, rising for the second consecutive year after five years of decline. Over the period under review, exports enjoyed a strong increase. The pace of growth was the most pronounced in 2021 when exports increased by X%. The volume of export peaked in 2022 and is likely to see steady growth in the near future.

In value terms, lamp plastic parts exports skyrocketed to $X in 2022. Overall, exports enjoyed a temperate expansion. The pace of growth appeared the most rapid in 2014 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

South Africa prevails in exports structure, amounting to X tons, which was near X% of total exports in 2022. Botswana (X tons) took a minor share of total exports.

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, Botswana (X%) displayed positive paces of growth. Moreover, Botswana emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2022. South Africa (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 ($X) remains the largest lamp plastic parts supplier in SADC, comprising X% of total exports. The second position in the ranking was held by Botswana ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in South Africa totaled X%.

Export Prices by Country

In 2022, the export price in SADC amounted to $X per ton, reducing by X% against the previous year. Over the period under review, the export price recorded a abrupt slump. The growth pace was the most rapid 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 failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Botswana ($X per ton), while South Africa totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Botswana (X%).

Lamp Plastic Parts Imports

Imports in SADC

In 2022, supplies from abroad of plastic parts for lamps and lighting fittings increased by X% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, imports, however, saw a slight setback. The growth pace was the most rapid in 2021 when imports increased by X%. Over the period under review, imports attained the maximum at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, lamp plastic parts imports reduced rapidly to $X in 2022. Overall, imports, however, showed a noticeable decrease. The pace of growth appeared the most rapid in 2018 when imports increased by X%. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

Zambia (X tons), South Africa (X tons) and Tanzania (X tons) represented roughly X% of total imports in 2022. It was distantly followed by Angola (X tons), mixing up an X% share of total imports. The following importers - Mozambique (X tons), Namibia (X tons) and Democratic Republic of the Congo (X tons) - each reached an X% 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 Zambia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X) constitutes the largest market for imported plastic parts for lamps and lighting fittings in SADC, comprising X% of total imports. The second position in the ranking was held by Tanzania ($X), with an X% share of total imports. It was followed by Angola, with a X% share.

From 2012 to 2022, the average annual growth rate of value in South Africa stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Tanzania (X% per year) and Angola (X% per year).

Import Prices by Country

The import price in SADC stood at $X per ton in 2022, declining by X% against the previous year. Over the period under review, the import price saw a pronounced slump. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2020; however, from 2021 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 ($X per ton), while Zambia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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