SADC: Plastic Support Market 2024

Plastic Support Market Size in SADC

The SADC plastic support market contracted modestly to $X in 2022, reducing by X% against the previous year. Over the period under review, consumption recorded a mild downturn. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Plastic Support Production in SADC

In value terms, plastic support production reduced to $X in 2022 estimated in export price. Overall, production recorded a mild descent. The growth pace was the most rapid in 2019 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Plastic Support Exports

Exports in SADC

In 2022, overseas shipments of spools, cops and similar supports of plastics increased by X% to X tons, rising for the second consecutive year after two years of decline. Total exports indicated a buoyant 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, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, plastic support exports skyrocketed to $X in 2022. Total exports indicated a measured 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, exports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. The level of export peaked in 2022 and is likely to continue growth in the immediate term.

Exports by Country

South Africa dominates exports structure, amounting to X tons, which was near X% of total exports in 2022. It was distantly followed by Botswana (X tons), creating a X% share of total exports. Mauritius (X tons), Zambia (X tons) and Tanzania (X tons) followed a long way behind the leaders.

Exports from South Africa increased at an average annual rate of X% from 2012 to 2022. At the same time, Botswana (X%), Zambia (X%), Mauritius (X%) and Tanzania (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. Botswana (X p.p.), Mauritius (X p.p.) and Zambia (X p.p.) significantly strengthened its position in terms of the total exports, while South Africa saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest plastic support supplier in SADC, comprising X% of total exports. The second position in the ranking was held by Mauritius ($X), with a X% share of total exports. It was followed by Botswana, with a X% share.

From 2012 to 2022, the average annual growth rate of value in South Africa amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Mauritius (X% per year) and Botswana (X% per year).

Export Prices by Country

The export price in SADC stood at $X per ton in 2022, reducing by X% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the export price increased by X%. As a result, the export price attained the peak level of $X per ton, and then declined in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, 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 Tanzania (X%), while the other leaders experienced a decline in the export price figures.

Plastic Support Imports

Imports in SADC

In 2022, approx. X tons of spools, cops and similar supports of plastics were imported in SADC; with an increase of X% compared with the previous year. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, plastic support imports rose sharply to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, South Africa (X tons) was the largest importer of spools, cops and similar supports of plastics, mixing up X% of total imports. Angola (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Zimbabwe (X%), Mozambique (X%), Tanzania (X%) and Zambia (X%). Democratic Republic of the Congo (X tons) held a relatively small share of total imports.

Imports into South Africa increased at an average annual rate of X% from 2012 to 2022. At the same time, Zimbabwe (X%), Mozambique (X%), Tanzania (X%), Angola (X%) and Zambia (X%) displayed positive paces of growth. Moreover, Zimbabwe emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2022. By contrast, Democratic Republic of the Congo (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Democratic Republic of the Congo, Zimbabwe, Mozambique and South Africa increased by 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 ($X) constitutes the largest market for imported spools, cops and similar supports of plastics in SADC, comprising X% of total imports. The second position in the ranking was taken by Zimbabwe ($X), with an X% share of total imports. It was followed by Tanzania, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa amounted to X%. In the other countries, the average annual rates were as follows: Zimbabwe (X% per year) and Tanzania (X% per year).

Import Prices by Country

In 2022, the import price in SADC amounted to $X per ton, approximately reflecting the previous year. In general, the import price showed a slight decrease. The growth pace was the most rapid in 2018 an increase of X%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was South Africa ($X per ton), while Angola ($X per ton) was 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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