The import of Vinyl Polymers and Halogenated Olefins to South Africa saw a fluctuating trend between 2013 and 2023. In 2013, the import volume stood at 2.0938 million kilograms. By 2023, the volume had declined slightly to 1.5355 million kilograms. The most significant year-on-year variations included a sharp decline in 2017 (-26.95%) and a notable decrease again in 2020 (-17.24%). The Compound Annual Growth Rate (CAGR) over the last five years was modest at 0.2%, suggesting relative stabilization compared to previous years of volatility.
Future trends to watch for include:
- Continued incremental decline with a forecasted 5-year CAGR of -0.22%, indicating a slight downward trend in import volumes.
- Potential market shifts due to technological advancements or changes in global supply chains.
- Economic factors, including trade policies and currency fluctuations, impacting import volumes.
- Environmental regulations potentially influencing the demand and importation of these polymers.