The import of vinyl polymers to South Africa stood at 27.073 Million US Dollars in 2023. Over the past decade, there have been fluctuations in import values. Between 2013 and 2015, values remained relatively stable, slightly declining through 2017. A significant rise occurred in 2018, followed by a sharp drop in 2020 during the global pandemic. Since then, the market has been recovering.

The year-on-year change for 2022 was 6.73%, while for 2023, it slightly increased by 1.35%. The Compound Annual Growth Rate (CAGR) for the last five years stood at 0.65%, indicating modest growth. For the forecasted period from 2024 to 2028, an average annual growth rate of 1.08% is expected, with a total growth rate of 5.5% over these five years.

Future trends to watch for include:

Global economic conditions and their impact on trade policies and demand.
Technological advancements in polymer manufacturing and rising demand for eco-friendly materials.
Fluctuations in raw material prices and supply chain dynamics.
South Africa's economic policies and stability.