SADC: Folding Boxboard Market 2024

Folding Boxboard Market Size in SADC

In 2022, the SADC folding boxboard market increased by X% to $X, rising for the fifth year in a row after three years of decline. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Folding Boxboard Production in SADC

In value terms, folding boxboard production fell to $X in 2022 estimated in export price. In general, production, however, showed a noticeable decrease. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

Folding Boxboard Exports

Exports in SADC

For the third consecutive year, SADC recorded growth in overseas shipments of folding boxboard, which increased by X% to X tons in 2022. Overall, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2017 to 2022, the growth of the exports remained at a lower figure.

In value terms, folding boxboard exports rose notably to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Exports by Country

South Africa dominates exports structure, finishing at X tons, which was near X% of total exports in 2022. Zambia (X tons) ranks second in terms of the total exports with a X% share, followed by Swaziland (X%). Namibia (X tons), Mauritius (X tons) and Zimbabwe (X tons) held a relatively small share of total exports.

From 2012 to 2022, average annual rates of growth with regard to folding boxboard exports from South Africa stood at X%. At the same time, Zimbabwe (X%), Swaziland (X%), Mauritius (X%) and Zambia (X%) displayed positive paces of growth. Moreover, Zimbabwe emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2022. By contrast, Namibia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of South Africa, Swaziland, Zambia, Mauritius and Zimbabwe increased by X, X, X, X and X percentage points, respectively.

In value terms, South Africa ($X) remains the largest folding boxboard supplier in SADC, comprising X% of total exports. The second position in the ranking was taken by Zambia ($X), with a X% share of total exports. It was followed by Swaziland, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Zambia (X% per year) and Swaziland (X% per year).

Export Prices by Country

In 2022, the export price in SADC amounted to $X per ton, rising by X% against the previous year. Export price indicated temperate growth from 2012 to 2022: its price 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, folding boxboard export price decreased by X% against 2019 indices. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. The level of export peaked at $X per ton in 2019; however, from 2020 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 South Africa ($X per ton), while Mauritius ($X per ton) was amongst the lowest.

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

Folding Boxboard Imports

Imports in SADC

In 2022, overseas purchases of folding boxboard increased by X% to X tons, rising for the fifth consecutive year after four years of decline. Total imports indicated buoyant growth 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, imports increased by X% against 2017 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, folding boxboard imports soared to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 reached the peak figure in 2022 and are likely to continue growth in the near future.

Imports by Country

South Africa prevails in imports structure, accounting for X tons, which was approx. X% of total imports in 2022. It was distantly followed by Tanzania (X tons), creating a X% share of total imports. Zambia (X tons), Angola (X tons) and Zimbabwe (X tons) took a minor share of total imports.

Imports into South Africa increased at an average annual rate of X% from 2012 to 2022. At the same time, Tanzania (X%), Angola (X%), Zimbabwe (X%) and Zambia (X%) displayed positive paces of growth. Moreover, Tanzania emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2022. Tanzania (X p.p.) and Angola (X p.p.) significantly strengthened its position in terms of the total imports, while South Africa saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported folding boxboard in SADC, comprising X% of total imports. The second position in the ranking was held by Zambia ($X), with a X% share of total imports. It was followed by Angola, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: Zambia (X% per year) and Angola (X% per year).

Import Prices by Country

The import price in SADC stood at $X per ton in 2022, declining by X% against the previous year. Over the period under review, the import price recorded a pronounced downturn. The pace of growth was the most pronounced in 2021 when the import price increased by X%. The level of import peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Zimbabwe ($X per ton), while South Africa ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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