South Africa: Corrugated Paper Market 2024

Corrugated Paper Market Size in South Africa

The South African corrugated paper market reduced to $X in 2022, waning by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Corrugated Paper Production in South Africa

In value terms, corrugated paper production reduced to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

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Corrugated Paper Exports

Exports from South Africa

In 2022, overseas shipments of corrugated paper and paperboard decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, exports, however, recorded a noticeable expansion. The pace of growth appeared the most rapid in 2016 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2017 to 2022, the growth of the exports remained at a lower figure.

In value terms, corrugated paper exports contracted rapidly to $X in 2022. Over the period under review, exports, however, recorded pronounced growth. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Namibia (X tons) was the main destination for corrugated paper exports from South Africa, with a X% share of total exports. Moreover, corrugated paper exports to Namibia exceeded the volume sent to the second major destination, Zimbabwe (X tons), eightfold. Madagascar (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Namibia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Zimbabwe (X% per year) and Madagascar (X% per year).

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

From 2012 to 2022, the average annual growth rate of value to Namibia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Madagascar (X% per year) and Zimbabwe (X% per year).

Export Prices by Country

The average corrugated paper export price stood at $X per ton in 2022, surging by X% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, 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 Tanzania ($X per ton), while the average price for exports to Namibia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cote d'Ivoire (X%), while the prices for the other major destinations experienced more modest paces of growth.

Corrugated Paper Imports

Imports into South Africa

In 2022, overseas purchases of corrugated paper and paperboard increased by X% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, imports recorded a prominent expansion. The growth pace was the most rapid in 2014 with an increase of X%. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, corrugated paper imports skyrocketed to $X in 2022. Overall, imports continue to indicate a buoyant expansion. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of corrugated paper to South Africa, accounting for a X% share of total imports. Moreover, corrugated paper imports from Germany exceeded the figures recorded by the second-largest supplier, South Korea (X tons), threefold. The third position in this ranking was taken by Turkey (X tons), with an X% share.

From 2012 to 2022, the average annual growth rate of volume from Germany totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (X% per year) and Turkey (X% per year).

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

From 2012 to 2022, the average annual rate of growth in terms of value from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (X% per year) and Turkey (X% per year).

Import Prices by Country

In 2022, the average corrugated paper import price amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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