Africa: Plastic Box Market 2024

Plastic Box Market Size in Africa

The African plastic box market reached $X in 2022, growing by 1.8% against the previous year. The market value increased at an average annual rate of +2.5% 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. From 2017 to 2022, the growth of the market remained at a lower figure.

Plastic Box Production in Africa

In value terms, plastic box production expanded slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 when the production volume increased by 30% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2022, production growth remained at a lower figure.

Plastic Box Exports

Exports in Africa

In 2022, the amount of plastic boxes, cases, crates and similar packing articles exported in Africa surged to X tons, picking up by 23% compared with 2021 figures. Total exports indicated a slight increase from 2012 to 2022: its volume increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +107.0% against 2016 indices. The pace of growth was the most pronounced in 2021 when exports increased by 39% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in the near future.

In value terms, plastic box exports expanded rapidly to $X in 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 39% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, South Africa (X tons), distantly followed by Morocco (X tons), Egypt (X tons), Kenya (X tons) and Benin (X tons) were the key exporters of plastic boxes, cases, crates and similar packing articles, together comprising 77% of total exports. Tunisia (X tons), Burundi (X tons), Swaziland (X tons), Botswana (X tons), Namibia (X tons) and Cote d'Ivoire (X tons) took a minor share of total exports.

From 2012 to 2022, the biggest increases were recorded for Burundi (with a CAGR of +30.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest plastic box supplying countries in Africa were South Africa ($X), Morocco ($X) and Egypt ($X), together accounting for 66% of total exports. Tunisia, Kenya, Burundi, Benin, Cote d'Ivoire, Botswana, Swaziland and Namibia lagged somewhat behind, together accounting for a further 25%.

In terms of the main exporting countries, Burundi, with a CAGR of +25.5%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Africa stood at $X per ton in 2022, declining by -13.7% against the previous year. Over the period under review, the export price recorded a perceptible decline. The growth pace was the most rapid in 2020 when the export price increased by 13%. Over the period under review, the export prices attained the maximum at $X per ton in 2012; however, from 2013 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 Tunisia ($X per ton), while Swaziland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tunisia (+3.2%), while the other leaders experienced mixed trends in the export price figures.

Plastic Box Imports

Imports in Africa

In 2022, approx. X tons of plastic boxes, cases, crates and similar packing articles were imported in Africa; growing by 1.9% on 2021. The total import volume increased at an average annual rate of +2.8% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2018 with an increase of 23% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, plastic box imports contracted slightly to $X in 2022. Total imports indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of +3.7% 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 +73.9% against 2016 indices. The pace of growth was the most pronounced in 2018 when imports increased by 25% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then reduced in the following year.

Imports by Country

The countries with the highest levels of plastic box imports in 2022 were Morocco (X tons), Tunisia (X tons) and South Africa (X tons), together finishing at 52% of total import. The following importers - Senegal (X tons), Zimbabwe (X tons), Botswana (X tons), Egypt (X tons), Ghana (X tons), Tanzania (X tons), Libya (X tons), Cote d'Ivoire (X tons), Mozambique (X tons) and Benin (X tons) - together made up 25% of total imports.

From 2012 to 2022, the biggest increases were recorded for Cote d'Ivoire (with a CAGR of +16.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Tunisia ($X), Morocco ($X) and South Africa ($X) constituted the countries with the highest levels of imports in 2022, with a combined 52% share of total imports.

Tunisia, with a CAGR of +12.4%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries 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, waning by -2.3% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 7.6% against the previous year. As a result, import price attained the peak level of $X per ton, and then fell in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Egypt ($X per ton), while Benin ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tunisia (+3.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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