South Africa: Market for Plasticised Mixed Polyvinyl Chloride in Primary Forms 2024

Market Size for Plasticised Mixed Polyvinyl Chloride in Primary Forms in South Africa

The South African market for plasticised mixed polyvinyl chloride in primary forms totaled $X in 2022, picking up by 7.7% against the previous year. Overall, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Plasticised Mixed Polyvinyl Chloride in Primary Forms in South Africa

In value terms, production of plasticised mixed polyvinyl chloride in primary forms fell slightly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 6.5% against the previous year. Over the period under review, production of hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Plasticised Mixed Polyvinyl Chloride in Primary Forms

Exports from South Africa

In 2022, overseas shipments of plasticised mixed polyvinyl chloride in primary forms decreased by -45.2% to X tons, falling for the second consecutive year after three years of growth. Overall, exports recorded a abrupt downturn. The pace of growth was the most pronounced in 2013 when exports increased by 31% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of plasticised mixed polyvinyl chloride in primary forms dropped sharply to $X in 2022. Over the period under review, exports continue to indicate a abrupt descent. The pace of growth appeared the most rapid in 2013 when exports increased by 24% against the previous year. Over the period under review, the exports of reached the peak figure at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Zimbabwe (X tons), Zambia (X tons) and Madagascar (X tons) were the main destinations of exports of plasticised mixed polyvinyl chloride in primary forms from South Africa, together comprising 76% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Madagascar (with a CAGR of +34.2%), while the other leaders experienced more modest paces of growth.

In value terms, Zimbabwe ($X), Zambia ($X) and Madagascar ($X) constituted the largest markets for plasticised mixed polyvinyl chloride in primary forms exported from South Africa worldwide, with a combined 77% share of total exports.

Madagascar, with a CAGR of +39.4%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination 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 export price for plasticised mixed polyvinyl chloride in primary forms amounted to $X per ton, picking up by 45% against the previous year. Over the period under review, export price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for plasticised mixed polyvinyl chloride in primary forms increased by +74.5% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($X per ton), while the average price for exports to Kenya ($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 Democratic Republic of the Congo (+14.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plasticised Mixed Polyvinyl Chloride in Primary Forms

Imports into South Africa

Imports of plasticised mixed polyvinyl chloride in primary forms into South Africa surged to X tons in 2022, picking up by 63% against the previous year. In general, imports recorded buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of plasticised mixed polyvinyl chloride in primary forms soared to $X in 2022. Over the period under review, total imports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +5.7% 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 +118.9% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Taiwan (Chinese) (X tons), Germany (X tons) and China (X tons) were the main suppliers of imports of plasticised mixed polyvinyl chloride in primary forms to South Africa, with a combined 75% share of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +29.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of plasticised mixed polyvinyl chloride in primary forms to South Africa, comprising 44% of total imports. The second position in the ranking was held by France ($X), with an 18% share of total imports. It was followed by China, with a 7.6% share.

From 2012 to 2022, the average annual growth rate of value from Germany amounted to +14.4%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+5.4% per year) and China (+29.4% per year).

Import Prices by Country

The average import price for plasticised mixed polyvinyl chloride in primary forms stood at $X per ton in 2022, shrinking by -1.5% against the previous year. In general, the import price continues to indicate a noticeable curtailment. The pace of growth was the most pronounced in 2018 an increase of 5.4% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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