Africa: Market for Floor, Wall Or Ceiling Coverings Of Plastics 2024

Market Size for Floor, Wall Or Ceiling Coverings Of Plastics in Africa

In 2023, the African market for floor, wall or ceiling coverings of plastics decreased by X% to $X, falling for the fourth consecutive year after two years of growth. Overall, consumption continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2020 to 2023, the growth of the market remained at a lower figure.

Production of Floor, Wall Or Ceiling Coverings Of Plastics in Africa

In value terms, production of floor, wall or ceiling coverings of plastics contracted slightly to $X in 2023 estimated in export price. The total production indicated a pronounced increase 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, production increased by X% against 2021 indices. The pace of growth was the most pronounced in 2014 with an increase of X%. The level of production peaked at $X in 2020; however, from 2021 to 2023, production failed to regain momentum.

Exports of Floor, Wall Or Ceiling Coverings Of Plastics

Exports in Africa

In 2023, overseas shipments of floor, wall or ceiling coverings of plastics increased by X% to X square meters, rising for the third year in a row after two years of decline. Total exports indicated tangible growth from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2014 with an increase of X%. The volume of export peaked at X square meters in 2018; however, from 2019 to 2023, the exports stood at a somewhat lower figure.

In value terms, exports of floor, wall or ceiling coverings of plastics expanded rapidly to $X in 2023. Over the period under review, exports continue to indicate slight growth. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2023, the growth of the exports of remained at a lower figure.

Exports by Country

South Africa represented the main exporting country with an export of about X square meters, which accounted for X% of total exports. Egypt (X square meters) took the second position in the ranking, distantly followed by Tunisia (X square meters). All these countries together held near X% share of total exports. The following exporters - Kenya (X square meters), Nigeria (X square meters) and Mauritius (X square meters) - together made up X% of total exports.

From 2012 to 2023, the biggest increases were recorded for Nigeria (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Egypt ($X), South Africa ($X) and Tunisia ($X) constituted the countries with the highest levels of exports in 2023, with a combined X% share of total exports. Kenya, Mauritius and Nigeria lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries, Nigeria, with a CAGR of X%, saw the highest growth rate of 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 export price in Africa stood at $X per square meter in 2023, shrinking by X% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. The level of export peaked at $X per square meter in 2018; however, from 2019 to 2023, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Tunisia ($X per square meter), while Nigeria ($X per square meter) was amongst the lowest.

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

Imports of Floor, Wall Or Ceiling Coverings Of Plastics

Imports in Africa

In 2023, overseas purchases of floor, wall or ceiling coverings of plastics decreased by X% to X square meters, falling for the fourth year in a row after two years of growth. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Over the period under review, imports of reached the maximum at X square meters in 2019; however, from 2020 to 2023, imports failed to regain momentum.

In value terms, imports of floor, wall or ceiling coverings of plastics dropped to $X in 2023. Overall, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports of hit record highs at $X in 2015; however, from 2016 to 2023, imports remained at a lower figure.

Imports by Country

South Africa was the main importer of floor, wall or ceiling coverings of plastics in Africa, with the volume of imports amounting to X square meters, which was approx. X% of total imports in 2023. Nigeria (X square meters) held an X% share (based on physical terms) of total imports, which put it in second place, followed by Kenya (X%), Somalia (X%) and Tanzania (X%). Libya (X square meters), Ethiopia (X square meters), Angola (X square meters), Morocco (X square meters), Algeria (X square meters), Mauritius (X square meters), Egypt (X square meters) and Senegal (X square meters) followed a long way behind the leaders.

South Africa experienced a relatively flat trend pattern with regard to volume of imports of floor, wall or ceiling coverings of plastics. At the same time, Mauritius (X%), Senegal (X%), Somalia (X%), Egypt (X%), Tanzania (X%), Libya (X%) and Kenya (X%) displayed positive paces of growth. Moreover, Mauritius emerged as the fastest-growing importer imported in Africa, with a CAGR of X% from 2012-2023. Morocco experienced a relatively flat trend pattern. By contrast, Angola (X%), Algeria (X%), Ethiopia (X%) and Nigeria (X%) illustrated a downward trend over the same period. While the share of Somalia (X p.p.), Mauritius (X p.p.) and Tanzania (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Ethiopia (X p.p.) and Nigeria (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X), Morocco ($X) and Libya ($X) constituted the countries with the highest levels of imports in 2023, together accounting for X% of total imports. Algeria, Somalia, Egypt, Nigeria, Angola, Kenya, Ethiopia, Mauritius, Tanzania and Senegal lagged somewhat behind, together comprising a further X%.

Mauritius, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of 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

The import price in Africa stood at $X per square meter in 2023, surging by X% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, import prices attained the peak figure at $X per square meter in 2014; afterwards, it flattened through to 2023.

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 Morocco ($X per square meter), while Tanzania ($X per square meter) was amongst the lowest.

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

Source: IndexBox Platform