SADC: Market for Polyethylene in Primary Forms 2024

Market Size for Polyethylene in Primary Forms in SADC

In 2022, the SADC polyethylene in primary forms market increased by X% to $X, rising for the third consecutive year after three years of decline. Overall, consumption recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Production of Polyethylene in Primary Forms in SADC

In value terms, polyethylene in primary forms production expanded modestly to $X in 2022 estimated in export price. Over the period under review, production, however, saw a mild reduction. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Exports of Polyethylene in Primary Forms

Exports in SADC

After two years of decline, shipments abroad of polyethylene in primary forms increased by X% to X tons in 2022. In general, exports recorded a prominent expansion. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, the exports reached the peak of X tons. From 2020 to 2022, the growth of the exports remained at a lower figure.

In value terms, polyethylene in primary forms exports amounted to $X in 2022. Total exports indicated strong 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, exports increased by X% against 2018 indices. The pace of growth was the most pronounced in 2019 with an increase of X%. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the near future.

Exports by Country

The biggest shipments were from South Africa (X tons), together accounting for X% of total export.

South Africa was also the fastest-growing in terms of the polyethylene in primary forms exports, with a CAGR of X% from 2012 to 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) also remains the largest polyethylene in primary forms supplier in SADC.

In South Africa, polyethylene in primary forms exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in SADC amounted to $X per ton, therefore, remained relatively stable against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X%. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for South Africa amounted to X% per year.

Imports of Polyethylene in Primary Forms

Imports in SADC

In 2022, supplies from abroad of polyethylene in primary forms increased by X% to X tons, rising for the second year in a row after two years of decline. Total imports indicated a moderate expansion 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. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, polyethylene in primary forms imports surged to $X in 2022. Total imports indicated a notable expansion 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 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

South Africa represented the largest importing country with an import of about X tons, which finished at X% of total imports. It was distantly followed by Tanzania (X tons), Zambia (X tons), Democratic Republic of the Congo (X tons), Zimbabwe (X tons) and Angola (X tons), together committing a X% share of total imports. Madagascar (X tons) held a little share of total imports.

Imports into South Africa increased at an average annual rate of X% from 2012 to 2022. At the same time, Zambia (X%), Tanzania (X%), Madagascar (X%), Zimbabwe (X%), Democratic Republic of the Congo (X%) and Angola (X%) displayed positive paces of growth. Moreover, Zambia emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Tanzania, Democratic Republic of the Congo and Zambia increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported polyethylene in primary forms in SADC, comprising X% of total imports. The second position in the ranking was held by Tanzania ($X), with an X% share of total imports. It was followed by Zambia, with an X% share.

In South Africa, polyethylene in primary forms imports expanded 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: Tanzania (X% per year) and Zambia (X% per year).

Import Prices by Country

The import price in SADC stood at $X per ton in 2022, picking up by X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X%. The level of import peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Angola ($X per ton) and Zimbabwe ($X per ton), while Democratic Republic of the Congo ($X per ton) and South Africa ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform