SADC: Market for Cellular Plates, Sheets and Films of Polyymers of Styrene 2024

Market Size for Cellular Plates, Sheets and Films of Polyymers of Styrene in SADC

The SADC market for cellular plates, sheets and films of polyymers of styrene skyrocketed to $X in 2023, jumping by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2022 to 2023, the growth of the market remained at a somewhat lower figure.

Production of Cellular Plates, Sheets and Films of Polyymers of Styrene in SADC

In value terms, production of cellular plates, sheets and films of polyymers of styrene soared to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2022 to 2023, production of growth remained at a lower figure.

Exports of Cellular Plates, Sheets and Films of Polyymers of Styrene

Exports in SADC

In 2023, after four years of growth, there was significant decline in shipments abroad of cellular plates, sheets and films of polyymers of styrene, when their volume decreased by X% to X tons. Over the period under review, exports, however, posted a remarkable increase. The pace of growth was the most pronounced in 2013 when exports increased by X%. The volume of export peaked at X tons in 2022, and then fell significantly in the following year.

In value terms, exports of cellular plates, sheets and films of polyymers of styrene declined dramatically to $X in 2023. Overall, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when exports increased by X%. Over the period under review, the exports of reached the peak figure at $X in 2014; however, from 2015 to 2023, the exports remained at a lower figure.

Exports by Country

In 2023, South Africa (X tons) was the main exporter of cellular plates, sheets and films of polyymers of styrene in SADC, constituting X% of total export.

South Africa was also the fastest-growing in terms of the cellular plates, sheets and films of polyymers of styrene exports, with a CAGR of X% from 2012 to 2023. South Africa (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) also remains the largest polystyrene cellular plates, sheets and films supplier in SADC.

From 2012 to 2023, the average annual growth rate of value in South Africa totaled X%.

Export Prices by Country

In 2023, the export price in SADC amounted to $X per ton, rising by X% against the previous year. Over the period under review, the export price, however, showed a drastic downturn. The most prominent rate of growth was recorded in 2017 an increase of X%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2023, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for South Africa.

From 2012 to 2023, the rate of growth in terms of prices for South Africa amounted to X% per year.

Imports of Cellular Plates, Sheets and Films of Polyymers of Styrene

Imports in SADC

Imports of cellular plates, sheets and films of polyymers of styrene reduced remarkably to X tons in 2023, which is down by X% on the previous year. Overall, imports, however, posted a noticeable increase. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, imports of reached the peak figure at X tons in 2018; however, from 2019 to 2023, imports remained at a lower figure.

In value terms, imports of cellular plates, sheets and films of polyymers of styrene skyrocketed to $X in 2023. Total imports indicated tangible growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports of reached the peak figure in 2023 and are likely to see gradual growth in the near future.

Imports by Country

In 2023, Tanzania (X tons) was the major importer of cellular plates, sheets and films of polyymers of styrene, committing X% of total imports. South Africa (X tons) ranks second in terms of the total imports with a X% share, followed by Democratic Republic of the Congo (X%), Angola (X%) and Zimbabwe (X%). The following importers - Swaziland (X tons) and Zambia (X tons) - each reached a X% share of total imports.

Imports into Tanzania increased at an average annual rate of X% from 2012 to 2023. At the same time, Democratic Republic of the Congo (X%), Zimbabwe (X%) and Zambia (X%) displayed positive paces of growth. Moreover, Democratic Republic of the Congo emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2023. South Africa experienced a relatively flat trend pattern. By contrast, Swaziland (X%) and Angola (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Tanzania, Democratic Republic of the Congo and Zimbabwe increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest polystyrene cellular plates, sheets and films importing markets in SADC were Tanzania ($X), South Africa ($X) and Democratic Republic of the Congo ($X), with a combined X% share of total imports.

In terms of the main importing countries, Democratic Republic of the Congo, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in SADC stood at $X per ton in 2023, with an increase of X% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The level of import peaked at $X per ton in 2012; however, from 2013 to 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was South Africa ($X per ton), while Angola ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Zimbabwe (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform