SADC: Market for Polyethylene with a Specific Gravity of Less than 0.94, in Primary Forms 2024

Market Size for Polyethylene with a Specific Gravity of Less than 0.94, in Primary Forms in SADC

The SADC market for polyethylene with a specific gravity of less than X, in primary forms reached $X in 2022, with an increase of X% against the previous year. Over the period under review, consumption showed a modest expansion. The level of consumption peaked in 2022 and is expected to retain growth in the near future.

Production of Polyethylene with a Specific Gravity of Less than X, in Primary Forms in SADC

In value terms, production of polyethylene with a specific gravity of less than X, in primary forms rose to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, production of reached the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Polyethylene with a Specific Gravity of Less than 0.94, in Primary Forms

Exports in SADC

In 2022, shipments abroad of polyethylene with a specific gravity of less than X, in primary forms was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports posted a buoyant expansion. The growth pace was the most rapid in 2019 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2020 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of polyethylene with a specific gravity of less than X, in primary forms totaled $X in 2022. Over the period under review, exports posted a prominent expansion. The pace of growth appeared the most rapid in 2019 when exports increased by X% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in the near future.

Exports by Country

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

South Africa was also the fastest-growing in terms of the polyethylene with a specific gravity of less than X, in primary forms exports, with a CAGR of X% from 2012 to 2022. From 2012 to 2022, 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 polyethylene with a specific gravity of less than X supplier in SADC.

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

Export Prices by Country

The export price in SADC stood at $X per ton in 2022, with an increase of X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 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.

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 with a Specific Gravity of Less than 0.94, in Primary Forms

Imports in SADC

For the third year in a row, SADC recorded growth in supplies from abroad of polyethylene with a specific gravity of less than X, in primary forms, which increased by X% to X tons in 2022. Total imports indicated a measured 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 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of polyethylene with a specific gravity of less than X, in primary forms surged to $X in 2022. Total imports indicated a pronounced 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. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

South Africa was the largest importing country with an import of around X tons, which amounted to X% of total imports. Tanzania (X tons) took the second position in the ranking, followed by Zambia (X tons) and Zimbabwe (X tons). All these countries together held near X% share of total imports. Angola (X tons), Democratic Republic of the Congo (X tons), Botswana (X tons), Namibia (X tons), Malawi (X tons), Madagascar (X tons) and Mozambique (X tons) followed a long way behind the leaders.

South Africa experienced a relatively flat trend pattern with regard to volume of imports of polyethylene with a specific gravity of less than X, in primary forms. At the same time, Tanzania (X%), Botswana (X%), Namibia (X%), Zimbabwe (X%), Democratic Republic of the Congo (X%), Mozambique (X%), Angola (X%), Zambia (X%) and Madagascar (X%) displayed positive paces of growth. Moreover, Tanzania emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2022. By contrast, Malawi (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Tanzania, Democratic Republic of the Congo, Zimbabwe, Botswana, Zambia and Namibia increased by X, X, X, 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 ($X) constitutes the largest market for imported polyethylene with a specific gravity of less than X, in primary forms in SADC, comprising X% of total imports. The second position in the ranking was held by Tanzania ($X), with a X% share of total imports. It was followed by Zambia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa was relatively modest. 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

In 2022, the import price in SADC amounted to $X per ton, surging by X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the import price increased by X%. Over the period under review, import prices reached the maximum at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Angola ($X per ton) and Namibia ($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 Tanzania (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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