Africa: Box Pallet Market 2020

Box Pallet Market Size in Africa

The revenue of the box pallet market in Africa amounted to $X in 2017, picking up by X% against the previous year. The box pallet consumption continues to indicate a drastic descent. The most prominent rate of growth was recorded in 2016, when it surged by X% year-to-year. Over the period under review, the box pallet market reached its maximum level of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Box Pallet Production in Africa

The box pallet production amounted to X units in 2017, remaining relatively unchanged against the previous year. The box pallet production continues to indicate a slight increase. The most prominent rate of growth was recorded in 2009, when it surged by X% y-o-y. The volume of box pallet production peaked in 2017, and is likely to continue its growth in the immediate term.

Box Pallet Exports in Africa

In 2017, the amount of box pallets and load boards of wood (excluding flat pallets) exported in Africa stood at X units, jumping by X% against the previous year. The box pallet exports continue to indicate a remarkable growth. The growth pace was the most rapid in 2009, when it surged by X% against the previous year. The volume of exports peaked in 2017, and are likely to continue its growth in the immediate term.

In value terms, box pallet exports totaled $X in 2017. The total exports indicated a prominent growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the box pallet exports increased by +X% against 2015 indices. The level of exports peaked in 2017, and are expected to retain its growth in the near future.

Box Pallet Exports by Country in Africa

South Africa dominates box pallet exports structure, accounting for X units, which was approx. X% of total exports in 2017. Morocco (X units), Tunisia (X units), Botswana (X units) and Mozambique (X units) held the minor share of total exports.

From 2007 to 2017, average annual rates of growth with regard to box pallet exports from South Africa stood at +X%. At the same time, Mozambique (+X%), Morocco (+X%) and Tunisia (+X%) displayed positive paces of growth. Moreover, Mozambique emerged as the fastest growing exporter in Africa, with a CAGR of +X% from 2007-2017. By contrast, Botswana (-X%) illustrated a downward trend over the same period. While the share of Botswana (X%) increased significantly in terms of the global exports from 2007-2017, the share of Mozambique (-X%), Morocco (-X%) and South Africa (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest box pallet supplier in Africa, making up X% of global exports. The second position in the ranking was occupied by Morocco ($X), with a X% share of global exports. It was followed by Tunisia, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in South Africa totaled +X%. In the other countries, the average annual rates were as follows: Morocco (+X% per year) and Tunisia (+X% per year).

Box Pallet Export Prices by Country in Africa

The box pallet export price in Africa stood at $X per thousand units in 2017, declining by -X% against the previous year. The box pallet export price continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2013, when the export prices increased by X% y-o-y. The level of export price peaked of $X per thousand units in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was Tunisia ($X per thousand units), while South Africa ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Tunisia (+X% per year), while the other leaders experienced mixed trends in the export price figures.

Box Pallet Imports in Africa

In 2017, box pallet imports in Africa stood at X units, increasing by X% against the previous year. The total import volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2013, when it surged by X% y-o-y. In that year, the box pallet imports reached their peak volume of X units. From 2014 to 2017, growth of the box pallet imports failed to regain its momentum.

In value terms, box pallet imports amounted to $X in 2017. The total import value increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. Over the period under review, the box pallet imports reached its maximum level of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Box Pallet Imports by Country in Africa

In 2017, Botswana (X units), distantly followed by Mozambique (X units), South Africa (X units), Zimbabwe (X units), Zambia (X units), Namibia (X units), Morocco (X units) and Lesotho (X units) represented the major importers of box pallets and load boards of wood (excluding flat pallets), together mixed up X% of total imports. The following importers - Swaziland (X units), Egypt (X units), Algeria (X units) and Tunisia (X units) together made up X% of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Zambia (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Botswana ($X) constitutes the largest market for imported box pallets and load boards of wood (excluding flat pallets) in Africa, making up X% of global imports. The second position in the ranking was occupied by Mozambique ($X), with a X% share of global imports. It was followed by South Africa, with a X% share.

In Botswana, box pallet imports expanded at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Mozambique (+X% per year) and South Africa (+X% per year).

Box Pallet Import Prices by Country in Africa

In 2017, the box pallet import price in Africa amounted to $X per thousand units, lowering by -X% against the previous year. The box pallet import price continues to indicate a slight deduction. The most prominent rate of growth was recorded in 2008, an increase of X% y-o-y. The level of import price peaked of $X per thousand units in 2009; however, from 2010 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Morocco ($X per unit), while Lesotho ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Morocco (+X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform