Africa: Plastic Ornamental Articles Market 2024

Plastic Ornamental Articles Market Size in Africa

The African plastic ornamental articles market contracted modestly to $X in 2022, remaining constant against the previous year. Over the period under review, consumption, however, continues to indicate a mild shrinkage. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Plastic Ornamental Articles Production in Africa

In value terms, plastic ornamental articles production dropped to $X in 2022 estimated in export price. In general, production recorded a slight contraction. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Plastic Ornamental Articles Exports

Exports in Africa

Plastic ornamental articles exports skyrocketed to X tons in 2022, with an increase of X% compared with the previous year. Total exports indicated a tangible increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 when exports increased by X%. The volume of export peaked at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, plastic ornamental articles exports reduced to $X in 2022. In general, exports, however, saw a pronounced curtailment. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

In 2022, South Africa (X tons) represented the key exporter of statuettes and other ornamental articles of plastic, committing X% of total exports. Burkina Faso (X tons) held the second position in the ranking, followed by Kenya (X tons), Egypt (X tons), Zambia (X tons) and Rwanda (X tons). All these countries together took approx. X% share of total exports. Uganda (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to plastic ornamental articles exports from South Africa stood at X%. At the same time, Rwanda (X%), Burkina Faso (X%), Zambia (X%), Uganda (X%), Egypt (X%) and Kenya (X%) displayed positive paces of growth. Moreover, Rwanda emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Burkina Faso, Zambia, Egypt, Rwanda, Uganda and Kenya increased by X, X, X, X, X and X percentage points, respectively.

In value terms, South Africa ($X) remains the largest plastic ornamental articles supplier in Africa, comprising X% of total exports. The second position in the ranking was held by Egypt ($X), with a X% share of total exports. It was followed by Kenya, with an X% share.

In South Africa, plastic ornamental articles exports decreased by an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Egypt (X% per year) and Kenya (X% per year).

Export Prices by Country

In 2022, the export price in Africa amounted to $X per ton, with a decrease of X% against the previous year. Overall, the export price recorded a deep setback. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. The level of export 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 amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Egypt ($X per ton), while Burkina Faso ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kenya (X%), while the other leaders experienced mixed trends in the export price figures.

Plastic Ornamental Articles Imports

Imports in Africa

In 2022, plastic ornamental articles imports in Africa was estimated at X tons, with an increase of X% compared with 2021. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, plastic ornamental articles imports reduced modestly to $X in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Ghana (X tons), distantly followed by South Africa (X tons), Guinea (X tons), Algeria (X tons), Angola (X tons), Tanzania (X tons) and Kenya (X tons) were the main importers of statuettes and other ornamental articles of plastic, together generating X% of total imports. Libya (X tons), Senegal (X tons), Djibouti (X tons), Nigeria (X tons), Morocco (X tons) and Democratic Republic of the Congo (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Ghana (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Ghana ($X), Algeria ($X) and Guinea ($X) constituted the countries with the highest levels of imports in 2022, together comprising X% of total imports.

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

Import Prices by Country

In 2022, the import price in Africa amounted to $X per ton, declining by X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the import price increased by X%. As a result, import price attained the peak level of $X per ton, and then dropped in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Morocco ($X per ton), while Senegal ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Algeria (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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