Africa: Narrow Woven Fabric Market 2024

Narrow Woven Fabric Market Size in Africa

In 2023, the African narrow woven fabric market decreased by X% to $X for the first time since 2019, thus ending a three-year rising trend. The market value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained relatively stable, with only minor fluctuations in certain years. As a result, consumption reached the peak level of $X. From 2014 to 2023, the growth of the market remained at a lower figure.

Narrow Woven Fabric Production in Africa

In value terms, narrow woven fabric production amounted to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 when the production volume increased by X%. The level of production peaked at $X in 2015; however, from 2016 to 2023, production failed to regain momentum.

Narrow Woven Fabric Exports

Exports in Africa

After three years of growth, shipments abroad of narrow woven fabrics decreased by X% to X tons in 2023. Total exports indicated a moderate expansion 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. The growth pace was the most rapid in 2020 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2022, and then reduced in the following year.

In value terms, narrow woven fabric exports totaled $X in 2023. Total exports indicated a perceptible increase from 2012 to 2023: its value 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 2017 indices. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The level of export peaked in 2023 and is likely to see gradual growth in the immediate term.

Exports by Country

South Africa was the largest exporting country with an export of around X tons, which reached X% of total exports. It was distantly followed by Botswana (X tons), Tunisia (X tons), Morocco (X tons) and Egypt (X tons), together mixing up a X% share of total exports. Tanzania (X tons) took a little share of total exports.

From 2012 to 2023, average annual rates of growth with regard to narrow woven fabric exports from South Africa stood at X%. At the same time, Tanzania (X%), Morocco (X%) and Egypt (X%) displayed positive paces of growth. Moreover, Tanzania emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2023. Tunisia experienced a relatively flat trend pattern. By contrast, Botswana (X%) illustrated a downward trend over the same period. South Africa (X p.p.), Morocco (X p.p.), Egypt (X p.p.) and Tanzania (X p.p.) significantly strengthened its position in terms of the total exports, while Botswana saw its share reduced by X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

Tanzania, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the export price in Africa amounted to $X per ton, increasing by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2021 when the export price increased by X%. The level of export peaked at $X per ton in 2014; however, from 2015 to 2023, the export prices remained at a lower figure.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Morocco (X%), while the other leaders experienced mixed trends in the export price figures.

Narrow Woven Fabric Imports

Imports in Africa

After two years of growth, overseas purchases of narrow woven fabrics decreased by X% to X tons in 2023. Overall, imports, however, continue to indicate 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 reached the peak figure at X tons in 2022, and then fell in the following year.

In value terms, narrow woven fabric imports reduced to $X in 2023. The total import value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. The level of import peaked at $X in 2022, and then declined in the following year.

Imports by Country

The countries with the highest levels of narrow woven fabric imports in 2023 were Morocco (X tons), Tunisia (X tons) and South Africa (X tons), together finishing at X% of total import. Ethiopia (X tons) held the next position in the ranking, followed by Kenya (X tons) and Tanzania (X tons). All these countries together held near X% share of total imports. Algeria (X tons), Egypt (X tons), Madagascar (X tons), Togo (X tons), Ghana (X tons), Botswana (X tons) and Cote d'Ivoire (X tons) followed a long way behind the leaders.

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

In value terms, Tunisia ($X), Morocco ($X) and Egypt ($X) constituted the countries with the highest levels of imports in 2023, together comprising X% of total imports. Madagascar, Kenya, South Africa, Algeria, Ethiopia, Togo, Cote d'Ivoire, Tanzania, Botswana and Ghana lagged somewhat behind, together accounting for a further X%.

Togo, with a CAGR of X%, recorded the highest rates of growth with regard to 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

The import price in Africa stood at $X per ton in 2023, dropping by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2014 an increase of X%. Over the period under review, import prices hit record highs at $X per ton in 2015; however, from 2016 to 2023, import prices remained at a lower figure.

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

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

Source: IndexBox Platform