Price for Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in South Africa - 2022

Contents:

  1. Price for Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in South Africa (FOB) - 2022
  2. Price for Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in South Africa (CIF) - 2022
  3. Exports of Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in South Africa
  4. Imports of Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in South Africa

Price for Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in South Africa (FOB) - 2022

In 2022, the average export price for fibres; synthetic filament tow, of nylon or other polyamideses amounted to $6,043 per ton, rising by 6.8% against the previous year. Over the period under review, the export price, however, saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2015 an increase of 129%. The export price peaked at $12,135 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Namibia ($8,858 per ton), while the average price for exports to Botswana totaled $5,930 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tanzania (+51.8%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in South Africa (CIF) - 2022

The average import price for fibres; synthetic filament tow, of nylon or other polyamideses stood at $3,463 per ton in 2022, declining by -44.7% against the previous year. In general, the import price recorded a abrupt setback. The pace of growth appeared the most rapid in 2017 when the average import price increased by 367%. As a result, import price reached the peak level of $67,846 per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +11.1% per year.

Exports of Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in South Africa

In 2022, after three years of growth, there was decline in overseas shipments of fibres; synthetic filament tow, of nylon or other polyamideses, when their volume decreased by -0.7% to 3.5 tons. The total export volume increased at an average annual rate of +2.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2020 when exports increased by 6.2% against the previous year.

In value terms, exports of fibres; synthetic filament tow, of nylon or other polyamideses rose sharply to $21K in 2022. The total export value increased at an average annual rate of +1.9% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 12% against the previous year. As a result, the exports attained the peak of $22K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Botswana17.419.713.619.94.6%
Namibia0.71.70.61.219.7%
Lesotho0.10.5N/AN/A400.0%
TanzaniaN/AN/A5.4N/A0%
Others1.70.40.1N/A-75.7%
Total19.922.319.821.01.8%

Top Export Markets for Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides from South Africa in 2022:

  1. Botswana (3.3 tons)
  2. Namibia (0.1 tons)

Imports of Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in South Africa

In 2022, approx. 1.3 tons of fibres; synthetic filament tow, of nylon or other polyamideses were imported into South Africa; growing by 983% against 2021. Overall, imports showed significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 2,271%. As a result, imports attained the peak of 2.3 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of fibres; synthetic filament tow, of nylon or other polyamideses skyrocketed to $4.3K in 2022. Over the period under review, imports showed a resilient expansion.

Import of Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/AN/A0.74.3514.3%
ChinaN/A6.7N/AN/A0%
Germany1.8N/AN/AN/A0%
Others0.71.2N/AN/A71.4%
Total2.68.00.74.318.3%

Top Suppliers of Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides to South Africa in 2022:

  1. United States (1.3 tons)

Source: IndexBox Market Intelligence Platform

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