Report Update Nov 1, 2024

South Africa - Statuettes and Other Ornamental Articles of Plastic - Market Analysis, Forecast, Size, Trends and Insights

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South Africa: Plastic Ornamental Articles Market 2024

Plastic Ornamental Articles Market Size in South Africa

The South African plastic ornamental articles market skyrocketed to $X in 2022, rising by 27% 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, consumption saw a measured expansion. Plastic ornamental articles consumption peaked in 2022 and is expected to retain growth in years to come.

Plastic Ornamental Articles Exports

Exports from South Africa

In 2022, approx. X tons of statuettes and other ornamental articles of plastic were exported from South Africa; waning by -4.2% against the previous year's figure. Over the period under review, exports recorded a perceptible downturn. The most prominent rate of growth was recorded in 2015 when exports increased by 70% against the previous year. As a result, the exports attained the peak of X tons. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, plastic ornamental articles exports contracted to $X in 2022. In general, exports continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2019 with an increase of 48%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Namibia (X tons), Swaziland (X tons) and Botswana (X tons) were the main destinations of plastic ornamental articles exports from South Africa, together accounting for 52% of total exports. Zimbabwe, Kenya, Mauritius, Mozambique, Zambia, Lesotho, the United States, Angola, Germany and Turkey lagged somewhat behind, together comprising a further 41%.

From 2012 to 2022, the biggest increases were recorded for Zimbabwe (with a CAGR of +29.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for plastic ornamental articles exported from South Africa were the United States ($X), Namibia ($X) and Botswana ($X), together comprising 40% of total exports. Zimbabwe, Swaziland, Kenya, Mauritius, Zambia, Germany, Mozambique, Lesotho, Angola and Turkey lagged somewhat behind, together comprising a further 36%.

In terms of the main countries of destination, Zimbabwe, with a CAGR of +26.2%, saw the highest rates of growth with regard to 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 average plastic ornamental articles export price stood at $X per ton in 2022, reducing by -9.5% against the previous year. Overall, the export price continues to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2016 when the average export price increased by 16%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Angola ($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 Germany (+5.3%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Ornamental Articles Imports

Imports into South Africa

In 2022, plastic ornamental articles imports into South Africa surged to X tons, picking up by 29% on the previous year. Overall, imports showed a noticeable expansion. The pace of growth appeared the most rapid in 2021 with an increase of 138% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, plastic ornamental articles imports skyrocketed to $X in 2022. Over the period under review, imports, however, saw a slight shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 49%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

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

From 2012 to 2022, the average annual growth rate of volume from China amounted to +5.5%.

In value terms, China ($X) constituted the largest supplier of statuettes and other ornamental articles of plastic to South Africa.

From 2012 to 2022, the average annual growth rate of value from China was relatively modest.

Import Prices by Country

In 2022, the average plastic ornamental articles import price amounted to $X per ton, declining by -7.4% against the previous year. Overall, the import price showed a deep reduction. The most prominent rate of growth was recorded in 2017 an increase of 23% against the previous year. As a result, import price reached the peak level of $X per ton. From 2018 to 2022, the average import prices failed to regain momentum.

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 -5.5% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for statuettes and other ornamental articles of plastic in the world?

The countries with the highest volumes of in 2021 were the United States, China and India, with a combined 57% share of global consumption.

What are the largest producers of statuettes and other ornamental articles of plastic in the world?

The country with the largest volume of plastic ornamental articles production was China, accounting for 82% of total volume. Moreover, plastic ornamental articles production in China exceeded the figures recorded by the second-largest producer, India, more than tenfold. The third position in this ranking was occupied by Indonesia, with a 2.3% share.

What are the leading suppliers of statuettes and other ornamental articles of plastic to South Africa?

In value terms, China constituted the largest supplier of plastic ornamental articles to South Africa, comprising 80% of total imports. The second position in the ranking was occupied by India, with a 3.6% share of total imports.

What are the leading importers of statuettes and other ornamental articles of plastic from South Africa?

In value terms, the largest markets for plastic ornamental articles exported from South Africa were Germany, Namibia and Zimbabwe, together comprising 45% of total exports.

What is the average export price for statuettes and other ornamental articles of plastic in South Africa?

The average plastic ornamental articles export price stood at $4,995 per ton in 2021, surging by 5.7% against the previous year.

What is the average import price for statuettes and other ornamental articles of plastic in South Africa?

The average plastic ornamental articles import price stood at $4,698 per ton in 2021, flattening at the previous year.

This report provides an in-depth analysis of the plastic ornamental articles market in South Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 22292620 - Statuettes and other ornamental articles of plastic (including photograph, picture and similar frames)

Country coverage:

South Africa

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in South Africa
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023