South Africa: Market for Polypropylene in Primary Forms 2024

Market Size for Polypropylene in Primary Forms in South Africa

The South African polypropylene in primary forms market fell to $X in 2022, which is down 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 indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X, and then dropped in the following year.

Production of Polypropylene in Primary Forms in South Africa

In value terms, polypropylene in primary forms production contracted modestly 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 consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 when the production volume increased by X%. Polypropylene in primary forms production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Exports of Polypropylene in Primary Forms

Exports from South Africa

In 2022, shipments abroad of polypropylene in primary forms increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. The total export volume 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 in certain years. The growth pace was the most rapid in 2016 with an increase of X%. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, polypropylene in primary forms exports stood at $X in 2022. Over the period under review, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Nigeria (X tons) was the main destination for polypropylene in primary forms exports from South Africa, accounting for a X% share of total exports. Moreover, polypropylene in primary forms exports to Nigeria exceeded the volume sent to the second major destination, Zambia (X tons), threefold. Portugal (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Nigeria amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Zambia (X% per year) and Portugal (X% per year).

In value terms, Nigeria ($X) remains the key foreign market for polypropylene in primary forms exports from South Africa, comprising X% of total exports. The second position in the ranking was taken by Zambia ($X), with an X% share of total exports. It was followed by Portugal, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Nigeria amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Zambia (X% per year) and Portugal (X% per year).

Export Prices by Country

The average polypropylene in primary forms export price stood at $X per ton in 2022, shrinking by X% against the previous year. Overall, the export price saw a mild setback. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Zimbabwe ($X per ton), while the average price for exports to Mozambique ($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 Malawi (X%), while the prices for the other major destinations experienced a decline.

Imports of Polypropylene in Primary Forms

Imports into South Africa

Polypropylene in primary forms imports into South Africa fell dramatically to X tons in 2022, reducing by X% compared with the previous year. Over the period under review, imports, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports attained the peak of X tons, and then dropped markedly in the following year.

In value terms, polypropylene in primary forms imports shrank rapidly to $X in 2022. Overall, imports, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports reached the peak of $X, and then declined significantly in the following year.

Imports by Country

In 2022, Saudi Arabia (X tons) constituted the largest polypropylene in primary forms supplier to South Africa, with a X% share of total imports. Moreover, polypropylene in primary forms imports from Saudi Arabia exceeded the figures recorded by the second-largest supplier, Belgium (X tons), eightfold. Thailand (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Saudi Arabia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and Thailand (X% per year).

In value terms, Saudi Arabia ($X) constituted the largest supplier of polypropylene in primary forms to South Africa, comprising X% of total imports. The second position in the ranking was taken by Belgium ($X), with a X% share of total imports. It was followed by Thailand, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Saudi Arabia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and Thailand (X% per year).

Import Prices by Country

In 2022, the average polypropylene in primary forms import price amounted to $X per ton, remaining relatively unchanged against the previous year. Over the period under review, the import price, however, saw a perceptible decline. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for Swaziland ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform