Africa: Plastic Household Articles Market 2024

Plastic Household Articles Market Size in Africa

In 2022, the African plastic household articles market increased by 0.5% to $X, rising for the fifth year in a row after two years of decline. The total consumption indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +34.3% against 2017 indices. Over the period under review, the market reached the peak level in 2022 and is likely to continue growth in years to come.

Plastic Household Articles Production in Africa

In value terms, plastic household articles production expanded modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.8% 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 2014 with an increase of 30% against the previous year. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Plastic Household Articles Exports

Exports in Africa

Plastic household articles exports fell to X tons in 2022, reducing by -12.8% compared with 2021 figures. Overall, exports, however, enjoyed modest growth. The pace of growth was the most pronounced in 2015 when exports increased by 87%. Over the period under review, the exports attained the maximum at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, plastic household articles exports shrank to $X in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when exports increased by 92%. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

In 2022, South Africa (X tons), distantly followed by Senegal (X tons), Cote d'Ivoire (X tons), Kenya (X tons), Togo (X tons), Tanzania (X tons), Morocco (X tons) and Rwanda (X tons) represented the major exporters of household articles and toilet articles of plastics, together constituting 89% of total exports.

From 2012 to 2022, the biggest increases were recorded for Rwanda (with a CAGR of +140.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest plastic household articles supplying countries in Africa were South Africa ($X), Morocco ($X) and Senegal ($X), with a combined 52% share of total exports. Cote d'Ivoire, Kenya, Tanzania, Togo and Rwanda lagged somewhat behind, together accounting for a further 30%.

Rwanda, with a CAGR of +142.6%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Africa amounted to $X per ton, leveling off at the previous year. Over the period under review, the export price saw a slight decrease. The most prominent rate of growth was recorded in 2017 an increase of 14%. Over the period under review, the export prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Morocco ($X per ton), while Togo ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Morocco (+8.2%), while the other leaders experienced mixed trends in the export price figures.

Plastic Household Articles Imports

Imports in Africa

After five years of growth, overseas purchases of household articles and toilet articles of plastics decreased by -0.4% to X tons in 2022. Total imports indicated prominent growth from 2012 to 2022: its volume increased at an average annual rate of +7.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +43.2% against 2016 indices. The pace of growth was the most pronounced in 2013 with an increase of 40% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2021, and then shrank slightly in the following year.

In value terms, plastic household articles imports fell to $X in 2022. Total imports indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +45.0% against 2017 indices. The most prominent rate of growth was recorded in 2013 when imports increased by 38%. The level of import peaked at $X in 2021, and then declined in the following year.

Imports by Country

Ghana (X tons), Nigeria (X tons) and Burkina Faso (X tons) represented roughly 32% of total imports in 2022. South Africa (X tons) held the next position in the ranking, followed by Senegal (X tons). All these countries together held approx. 9.5% share of total imports. Gambia (X tons), Mali (X tons), Liberia (X tons), Cameroon (X tons), Sierra Leone (X tons), Morocco (X tons), Libya (X tons) and Cote d'Ivoire (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Nigeria (with a CAGR of +24.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest plastic household articles importing markets in Africa were Ghana ($X), South Africa ($X) and Morocco ($X), with a combined 29% share of total imports. Nigeria, Senegal, Libya, Sierra Leone, Cote d'Ivoire, Liberia, Cameroon, Gambia, Mali and Burkina Faso lagged somewhat behind, together comprising a further 32%.

Among the main importing countries, Nigeria, with a CAGR of +19.9%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Africa stood at $X per ton in 2022, dropping by -6.9% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 12%. Over the period under review, import prices attained the peak figure at $X per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Morocco ($X per ton), while Burkina Faso ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Libya (+4.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :