Price for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in South Africa - 2024
Contents:
- Price for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in South Africa (CIF) - 2024
- Price for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in South Africa (FOB) - 2022
- Imports of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in South Africa
- Exports of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in South Africa
Price for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in South Africa (CIF) - 2024
The average import price for fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses stood at $3.6 per square meter in June 2024, falling by -18.9% against the previous month. Over the period under review, the import price, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in November 2023 when the average import price increased by 65% m-o-m. The import price peaked at $4.4 per square meter in May 2024, and then shrank significantly in the following month.
As there is only one major supplying country, the average price level is determined by prices for China.
From June 2023 to June 2024, the rate of growth in terms of prices for China amounted to +7.5% per month.
Price for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in South Africa (FOB) - 2022
The average export price for fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses stood at $772 per thousand square meters in 2022, with an increase of 7.6% against the previous year. Overall, the export price, however, saw a perceptible slump. The pace of growth appeared the most rapid in 2014 when the average export price increased by 82%. As a result, the export price attained the peak level of $1.3 per square meter. From 2015 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Swaziland ($1.4 per square meter), while the average price for exports to Democratic Republic of the Congo ($414 per thousand square meters) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Botswana (+8.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in South Africa
In 2022, the amount of fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses imported into South Africa skyrocketed to 14M square meters, jumping by 63% on the previous year's figure. Over the period under review, imports showed a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses surged to $8.3M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +11.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +79.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 40% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.6 | 4.2 | 5.6 | 7.5 | 17.7% |
| Turkey | 0.7 | 0.2 | 0.5 | 0.3 | -24.6% |
| India | 0.1 | N/A | N/A | 0.2 | 26.0% |
| Taiwan (Chinese) | 0.2 | N/A | 0.1 | 0.1 | -20.6% |
| Others | 0.4 | 0.2 | 0.2 | 0.2 | -20.6% |
| Total | 6.0 | 4.6 | 6.5 | 8.3 | 11.4% |
Top Suppliers of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments to South Africa in 2022:
- China (13.1M square meters)
- Turkey (0.2M square meters)
- India (0.2M square meters)
- Taiwan (Chinese) (0.2M square meters)
Exports of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in South Africa
In 2022, exports of fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses from South Africa dropped markedly to 1.4M square meters, waning by -23.6% on 2021 figures. In general, exports saw a drastic downturn. The pace of growth appeared the most rapid in 2021 with an increase of 25% against the previous year. As a result, the exports attained the peak of 1.9M square meters, and then contracted markedly in the following year.
In value terms, exports of fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses dropped sharply to $1.1M in 2022. Over the period under review, total exports indicated modest growth from 2019 to 2022: its value increased at an average annual rate of +1.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +26.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 54%. As a result, the exports attained the peak of $1.4M, and then declined notably in the following year.
| Export of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Swaziland | 222 | 156 | 408 | 421 | 23.8% |
| Zambia | 1.5 | 30.0 | 37.2 | 174 | 387.7% |
| Botswana | 190 | 169 | 351 | 155 | -6.6% |
| Namibia | 91.1 | 124 | 128 | 80.4 | -4.1% |
| Tanzania | 7.7 | 0.1 | 7.8 | 59.4 | 97.6% |
| Lesotho | 231 | 82.6 | 89.8 | 52.1 | -39.1% |
| Zimbabwe | 48.5 | 234 | 77.2 | 40.3 | -6.0% |
| Austria | 132 | N/A | N/A | 0.3 | -86.9% |
| Democratic Republic of the Congo | 53.4 | 19.4 | 0.1 | 0.2 | -84.5% |
| Others | 74.0 | 60.3 | 253 | 128 | 20.0% |
| Total | 1,051 | 876 | 1,352 | 1,112 | 1.9% |
Top Export Markets for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments from South Africa in 2022:
- Zambia (371.9K square meters)
- Swaziland (301.6K square meters)
- Botswana (213.3K square meters)
- Namibia (176.9K square meters)
- Lesotho (121.4K square meters)
- Zimbabwe (86.2K square meters)
- Tanzania (58.6K square meters)
- Democratic Republic of the Congo (0.5K square meters)
- Austria (0.4K 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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This report provides an in-depth analysis of the global man-made filament fabric market.
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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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