South Africa: Composite Paperboard Market 2024

Composite Paperboard Market Size in South Africa

In 2023, the South African composite paperboard market increased by X% to $X, rising for the second consecutive year after three years of decline. Over the period under review, consumption, however, saw a abrupt downturn. Composite paperboard consumption peaked at $X in 2013; however, from 2014 to 2023, consumption failed to regain momentum.

Composite Paperboard Exports

Exports from South Africa

In 2023, after three years of growth, there was significant decline in overseas shipments of composite paper and paperboard, when their volume decreased by X% to X tons. In general, exports, however, showed strong growth. The pace of growth was the most pronounced in 2021 when exports increased by X%. The exports peaked at X tons in 2022, and then shrank notably in the following year.

In value terms, composite paperboard exports dropped dramatically to $X in 2023. Overall, exports, however, continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2021 with an increase of X%. The exports peaked at $X in 2022, and then fell markedly in the following year.

Exports by Country

Zimbabwe (X tons) was the main destination for composite paperboard exports from South Africa, with a X% share of total exports. Moreover, composite paperboard exports to Zimbabwe exceeded the volume sent to the second major destination, Zambia (X tons), fourfold. The third position in this ranking was taken by Mozambique (X tons), with a X% share.

From 2012 to 2023, the average annual growth rate of volume to Zimbabwe totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Zambia (X% per year) and Mozambique (X% per year).

In value terms, Zimbabwe ($X) remains the key foreign market for composite paper and paperboard exports from South Africa, comprising X% of total exports. The second position in the ranking was taken by Botswana ($X), with a X% share of total exports. It was followed by Zambia, with an X% share.

From 2012 to 2023, the average annual growth rate of value to Zimbabwe stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Botswana (X% per year) and Zambia (X% per year).

Export Prices by Country

The average composite paperboard export price stood at $X per ton in 2023, growing by X% against the previous year. In general, the export price, however, saw a deep slump. The growth pace was the most rapid in 2017 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2018 to 2023, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Botswana ($X per ton), while the average price for exports to Zimbabwe ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Kenya (X%), while the prices for the other major destinations experienced mixed trend patterns.

Composite Paperboard Imports

Imports into South Africa

In 2023, after two years of growth, there was significant decline in supplies from abroad of composite paper and paperboard, when their volume decreased by X% to X tons. Over the period under review, imports continue to indicate a abrupt contraction. The growth pace was the most rapid in 2013 when imports increased by X%. As a result, imports reached the peak of X tons. From 2014 to 2023, the growth of imports remained at a lower figure.

In value terms, composite paperboard imports fell dramatically to $X in 2023. Overall, imports recorded a perceptible contraction. The pace of growth appeared the most rapid in 2022 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, Sweden (X tons) constituted the largest composite paperboard supplier to South Africa, with a X% share of total imports. Moreover, composite paperboard imports from Sweden exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), twofold. The third position in this ranking was held by Germany (X tons), with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume from Sweden totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Germany (X% per year).

In value terms, Sweden ($X) constituted the largest supplier of composite paper and paperboard to South Africa, comprising X% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2023, the average annual growth rate of value from Sweden amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Germany (X% per year).

Import Prices by Country

The average composite paperboard import price stood at $X per ton in 2023, rising by X% against the previous year. Overall, import price indicated a measured increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, composite paperboard import price increased by X% against 2013 indices. The most prominent rate of growth was recorded in 2022 when the average import price increased by X%. The import price peaked in 2023 and is likely to continue growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform