South Africa: Plastic Household Articles Market 2024

Plastic Household Articles Market Size in South Africa

The South African plastic household articles market declined modestly to $X in 2022, waning by -2.3% against the previous year. The market value increased at an average annual rate of +2.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Plastic household articles consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Plastic Household Articles Production in South Africa

In value terms, plastic household articles production reduced modestly to $X in 2022 estimated in export price. Over the period under review, the total production 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, production increased by +4.7% against 2020 indices. The most prominent rate of growth was recorded in 2018 when the production volume increased by 29% against the previous year. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Plastic Household Articles Exports

Exports from South Africa

In 2022, after three years of growth, there was significant decline in shipments abroad of household articles and toilet articles of plastics, when their volume decreased by -10.9% to X tons. Overall, total exports indicated a strong expansion from 2012 to 2022: its volume 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, exports increased by +51.9% against 2018 indices. The pace of growth was the most pronounced in 2021 when exports increased by 36% against the previous year. As a result, the exports attained the peak of X tons, and then declined in the following year.

In value terms, plastic household articles exports declined remarkably to $X in 2022. The total export value increased at an average annual rate of +1.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 55%. As a result, the exports attained the peak of $X, and then fell notably in the following year.

Exports by Country

Zimbabwe (X tons) was the main destination for plastic household articles exports from South Africa, with a 37% share of total exports. Moreover, plastic household articles exports to Zimbabwe exceeded the volume sent to the second major destination, Namibia (X tons), twofold. The third position in this ranking was held by Botswana (X tons), with a 13% share.

From 2012 to 2022, the average annual growth rate of volume to Zimbabwe amounted to +20.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Namibia (+3.4% per year) and Botswana (+0.8% per year).

In value terms, Namibia ($X), Botswana ($X) and Zimbabwe ($X) were the largest markets for plastic household articles exported from South Africa worldwide, together accounting for 53% of total exports. Swaziland, Lesotho, Zambia, Mozambique and Angola lagged somewhat behind, together accounting for a further 29%.

Among the main countries of destination, Lesotho, with a CAGR of +7.7%, 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

In 2022, the average plastic household articles export price amounted to $X per ton, waning by -19.8% against the previous year. Overall, the export price continues to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2018 when the average export price increased by 30% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Angola ($X per ton), while the average price for exports to Zimbabwe ($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 Angola (+4.0%), while the prices for the other major destinations experienced a decline.

Plastic Household Articles Imports

Imports into South Africa

In 2022, approx. X tons of household articles and toilet articles of plastics were imported into South Africa; with a decrease of -8.8% compared with the year before. Over the period under review, imports recorded a noticeable curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 25% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, plastic household articles imports dropped to $X in 2022. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 31%. As a result, imports reached the peak of $X, and then dropped in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of plastic household articles to South Africa, with a 75% share of total imports. Moreover, plastic household articles imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X tons), more than tenfold. Italy (X tons) ranked third in terms of total imports with a 3.9% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled -3.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+10.9% per year) and Italy (+8.0% per year).

In value terms, China ($X) constituted the largest supplier of household articles and toilet articles of plastics to South Africa, comprising 65% of total imports. The second position in the ranking was held by Turkey ($X), with a 6.7% share of total imports. It was followed by Thailand, with a 6.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +1.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+18.3% per year) and Thailand (-1.5% per year).

Import Prices by Country

The average plastic household articles import price stood at $X per ton in 2022, which is down by -4.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.1%. The most prominent rate of growth was recorded in 2013 an increase of 34% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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