Price for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in South Africa - 2024
Contents:
- Price for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in South Africa (CIF) - 2024
- Price for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in South Africa (FOB) - 2022
- Imports of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in South Africa
- Exports of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in South Africa
Price for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in South Africa (CIF) - 2024
The average import price for fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses stood at $6.3 per square meter in June 2024, surging by 35% against the previous month. In general, import price indicated a moderate expansion from June 2023 to June 2024: its price increased at an average monthly rate of +3.0% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2024 figures, import price for fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses increased by +31.0% against March 2024 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In June 2024, the country with the highest price was Germany ($18.9 per square meter), while the price for China ($5.7 per square meter) was amongst the lowest.
From June 2023 to June 2024, the most notable rate of growth in terms of prices was attained by China (+3.9%), while the prices for the other major suppliers experienced a decline.
Price for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in South Africa (FOB) - 2022
The average export price for fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses stood at $1.4 per square meter in 2022, falling by -25.9% against the previous year. Over the period under review, the export price, however, saw a modest increase. The pace of growth was the most pronounced in 2014 when the average export price increased by 23% against the previous year. The export price peaked at $1.9 per square meter in 2021, and then shrank significantly in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Lesotho ($1.7 per square meter), while the average price for exports to Belgium ($1 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Zimbabwe (+2.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in South Africa
Imports of fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses into South Africa expanded markedly to 19M square meters in 2022, with an increase of 7.7% against the previous year's figure. In general, imports, however, saw a abrupt decline. Over the period under review, imports of hit record highs at 23M square meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses soared to $21M in 2022. Over the period under review, imports showed a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 17.0 | 11.8 | 13.6 | 18.1 | 2.1% |
| Thailand | 0.7 | 1.2 | 1.5 | 1.8 | 37.0% |
| Turkey | 0.8 | 0.7 | 0.6 | 0.6 | -9.1% |
| Taiwan (Chinese) | 0.5 | 0.4 | 0.2 | 0.1 | -41.5% |
| Others | 1.8 | 1.4 | 1.0 | 0.8 | -23.7% |
| Total | 20.9 | 15.5 | 17.0 | 21.3 | 0.6% |
Top Suppliers of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments to South Africa in 2022:
- China (17.2M square meters)
- Thailand (0.8M square meters)
- Turkey (0.5M square meters)
- Taiwan (Chinese) (0.1M square meters)
Exports of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in South Africa
In 2022, after two years of decline, there was significant growth in overseas shipments of fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses, when their volume increased by 52% to 2.3M square meters. Over the period under review, exports, however, saw a pronounced downturn. Over the period under review, the exports of attained the maximum at 2.5M square meters in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses totaled $3.1M in 2022. In general, exports, however, recorded a deep reduction. The exports peaked at $4.2M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Swaziland | 3,766 | 2,450 | 2,203 | 2,652 | -11.0% |
| Belgium | 94.6 | 37.1 | 134 | 169 | 21.3% |
| Zimbabwe | 5.0 | 5.9 | 170 | 112 | 181.9% |
| Lesotho | 48.3 | 31.8 | 74.4 | 52.5 | 2.8% |
| Qatar | 96.2 | 85.1 | 106 | 46.5 | -21.5% |
| Kenya | 58.4 | 57.0 | 5.1 | 3.7 | -60.1% |
| Others | 110 | 89.3 | 86.8 | 100 | -3.1% |
| Total | 4,179 | 2,756 | 2,780 | 3,137 | -9.1% |
Top Export Markets for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments from South Africa in 2022:
- Swaziland (1908.9K square meters)
- Belgium (165.6K square meters)
- Zimbabwe (94.9K square meters)
- Lesotho (31.2K square meters)
- Qatar (19.2K square meters)
- Kenya (1.4K square meters)
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This report provides an in-depth analysis of the man-made filament fabric market in South Africa.
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