SADC: Market for Plastic Tableware And Kitchenware 2024

Market Size for Plastic Tableware And Kitchenware in SADC

The SADC plastic tableware and kitchenware market declined to $X in 2022, dropping by -11.2% against the previous year. The total consumption indicated a modest expansion from 2012 to 2022: its value increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -14.5% against 2019 indices. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Production of Plastic Tableware And Kitchenware in SADC

In value terms, plastic tableware and kitchenware production reduced modestly to $X in 2022 estimated in export price. The total production indicated notable growth from 2012 to 2022: its value increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +3.7% against 2020 indices. The pace of growth was the most pronounced in 2018 with an increase of 32%. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Plastic Tableware And Kitchenware

Exports in SADC

In 2022, shipments abroad of plastic tableware and kitchenware increased by 12% to X tons, rising for the fourth consecutive year after four years of decline. Total exports indicated moderate growth from 2012 to 2022: its volume increased at an average annual rate of +2.9% 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 +60.1% against 2018 indices. The most prominent rate of growth was recorded in 2021 with an increase of 28%. The volume of export peaked in 2022 and is likely to continue growth in years to come.

In value terms, plastic tableware and kitchenware exports fell slightly to $X in 2022. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 25%. As a result, the exports attained the peak of $X, and then shrank modestly in the following year.

Exports by Country

South Africa prevails in exports structure, amounting to X tons, which was approx. 89% of total exports in 2022. Malawi (X tons), Zambia (X tons) and Tanzania (X tons) held a minor share of total exports.

Exports from South Africa increased at an average annual rate of +7.2% from 2012 to 2022. At the same time, Zambia (+48.1%) displayed positive paces of growth. Moreover, Zambia emerged as the fastest-growing exporter exported in SADC, with a CAGR of +48.1% from 2012-2022. By contrast, Malawi (-3.6%) and Tanzania (-20.1%) illustrated a downward trend over the same period. South Africa (+30 p.p.) and Zambia (+2.6 p.p.) significantly strengthened its position in terms of the total exports, while Malawi and Tanzania saw its share reduced by -2.8% and -27.8% from 2012 to 2022, respectively.

In value terms, South Africa ($X) remains the largest plastic tableware and kitchenware supplier in SADC, comprising 91% of total exports. The second position in the ranking was taken by Malawi ($X), with a 2.1% share of total exports. It was followed by Tanzania, with a 2% share.

In South Africa, plastic tableware and kitchenware exports increased at an average annual rate of +3.1% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Malawi (-5.8% per year) and Tanzania (-20.2% per year).

Export Prices by Country

The export price in SADC stood at $X per ton in 2022, with a decrease of -13% against the previous year. In general, the export price showed a pronounced downturn. The pace of growth was the most pronounced in 2018 when the export price increased by 17%. As a result, the export price reached the peak level of $X per ton. From 2019 to 2022, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was South Africa ($X per ton), while Zambia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tanzania (-0.2%), while the other leaders experienced a decline in the export price figures.

Imports of Plastic Tableware And Kitchenware

Imports in SADC

In 2022, approx. X tons of plastic tableware and kitchenware were imported in SADC; falling by -29.5% compared with the previous year. Over the period under review, imports recorded a noticeable shrinkage. The growth pace was the most rapid in 2021 when imports increased by 34%. The volume of import peaked at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, plastic tableware and kitchenware imports dropped remarkably to $X in 2022. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 29% against the previous year. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, South Africa (X tons), distantly followed by Angola (X tons), Botswana (X tons), Zimbabwe (X tons), Mozambique (X tons), Namibia (X tons) and Madagascar (X tons) were the key importers of plastic tableware and kitchenware, together comprising 79% of total imports. Democratic Republic of the Congo (X tons), Tanzania (X tons), Swaziland (X tons), Zambia (X tons), Malawi (X tons) and Mauritius (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Botswana (with a CAGR of +8.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X) constitutes the largest market for imported plastic tableware and kitchenware in SADC, comprising 39% of total imports. The second position in the ranking was taken by Angola ($X), with a 17% share of total imports. It was followed by Botswana, with a 7.9% share.

In South Africa, plastic tableware and kitchenware imports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Angola (-1.3% per year) and Botswana (+8.1% per year).

Import Prices by Country

In 2022, the import price in SADC amounted to $X per ton, with an increase of 12% against the previous year. Over the last decade, it increased at an average annual rate of +3.3%. The most prominent rate of growth was recorded in 2014 an increase of 15% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2018; afterwards, it flattened through to 2022.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tanzania (+8.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform