South Africa: Hard Plastic Comb Market 2024

Hard Plastic Comb Market Size in South Africa

The South African hard plastic comb market soared to $X in 2022, picking up by 24% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, the total consumption indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of +3.3% 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 +74.0% against 2020 indices. Hard plastic comb consumption peaked in 2022 and is likely to continue growth in the near future.

Hard Plastic Comb Exports

Exports from South Africa

After four years of decline, overseas shipments of hard rubber or plastic combs increased by 7.7% to X tons in 2022. In general, exports, however, saw a abrupt descent. The pace of growth appeared the most rapid in 2016 with an increase of 98% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, hard plastic comb exports amounted to $X in 2022. Overall, exports, however, showed a deep reduction. The most prominent rate of growth was recorded in 2016 with an increase of 43% against the previous year. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

Namibia (X tons) was the main destination for hard plastic comb exports from South Africa, with a 39% share of total exports. Moreover, hard plastic comb exports to Namibia exceeded the volume sent to the second major destination, Lesotho (X tons), twofold. Botswana (X tons) ranked third in terms of total exports with a 17% share.

From 2012 to 2022, the average annual growth rate of volume to Namibia totaled -9.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lesotho (-8.4% per year) and Botswana (-8.6% per year).

In value terms, Namibia ($X) remains the key foreign market for hard rubber or plastic combs exports from South Africa, comprising 48% of total exports. The second position in the ranking was held by Botswana ($X), with a 20% share of total exports. It was followed by Lesotho, with a 10% share.

From 2012 to 2022, the average annual growth rate of value to Namibia stood at -6.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Botswana (-6.2% per year) and Lesotho (-3.1% per year).

Export Prices by Country

In 2022, the average hard plastic comb export price amounted to $X per ton, falling by -6.9% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average export price increased by 32%. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Nigeria ($X per ton), while the average price for exports to Qatar ($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 Lesotho (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.

Hard Plastic Comb Imports

Imports into South Africa

In 2022, supplies from abroad of hard rubber or plastic combs increased by 39% to X tons, rising for the sixth year in a row after two years of decline. Overall, total imports indicated moderate growth from 2012 to 2022: its volume increased at an average annual rate of +3.3% 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 +79.5% against 2016 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, hard plastic comb imports rose remarkably to $X in 2022. Over the period under review, total imports 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, imports increased by +75.7% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 54%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

In 2022, China (X tons) was the main supplier of hard plastic comb to South Africa, accounting for a approx. 97% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +3.5%.

In value terms, China ($X) constituted the largest supplier of hard rubber or plastic combs to South Africa.

From 2012 to 2022, the average annual growth rate of value from China totaled +1.5%.

Import Prices by Country

The average hard plastic comb import price stood at $X per ton in 2022, reducing by -18.2% against the previous year. Over the period under review, the import price showed a mild shrinkage. The growth pace was the most rapid in 2013 an increase of 46%. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -1.9% per year.

Source: IndexBox Platform

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