Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in South Africa - 2024
Contents:
- Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in South Africa (CIF) - 2022
- Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in South Africa (FOB) - 2022
- Imports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in South Africa
- Exports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in South Africa
Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in South Africa (CIF) - 2022
The average import price for man-made filament yarn (other than sewing thread), put up for retail sale stood at $13,849 per ton in 2022, growing by 125% against the previous year. Over the period under review, the import price showed strong growth. The growth pace was the most rapid in 2018 when the average import price increased by 407%. The import price peaked in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($10,944 per ton), while the price for India ($5,105 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in South Africa (FOB) - 2022
The average export price for man-made filament yarn (other than sewing thread), put up for retail sale stood at $7,591 per ton in 2022, surging by 19% against the previous year. Overall, the export price, however, continues to indicate a slight decline. The pace of growth was the most pronounced in 2017 an increase of 104%. The export price peaked at $17,864 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
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 Namibia ($14,088 per ton), while the average price for exports to Zambia ($6,089 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Namibia (+1.5%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in South Africa
In 2022, overseas purchases of man-made filament yarn (other than sewing thread), put up for retail sale decreased by -45.6% to 34 tons, falling for the second year in a row after two years of growth. Over the period under review, imports recorded a deep contraction. The pace of growth appeared the most rapid in 2020 with an increase of 3.8%. As a result, imports reached the peak of 67 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of man-made filament yarn (other than sewing thread), put up for retail sale dropped notably to $280K in 2022. Overall, imports showed a drastic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 73%. As a result, imports reached the peak of $383K, and then shrank sharply in the following year.
| Import of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 291 | 197 | 375 | 253 | -4.6% |
| Thailand | N/A | N/A | N/A | 19.5 | 0% |
| Others | 47.7 | 24.0 | 8.0 | 7.3 | -46.5% |
| Total | 338 | 221 | 383 | 280 | -6.1% |
Top Suppliers of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale to South Africa in 2022:
- China (31.5 tons)
- Thailand (1.8 tons)
Exports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in South Africa
In 2022, overseas shipments of man-made filament yarn (other than sewing thread), put up for retail sale decreased by -30.4% to 1.3 tons, falling for the second consecutive year after two years of growth. Overall, exports recorded a drastic downturn. The pace of growth appeared the most rapid in 2020 when exports increased by 21%. As a result, the exports attained the peak of 2.6 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of man-made filament yarn (other than sewing thread), put up for retail sale amounted to $13K in 2022. Over the period under review, total exports indicated a noticeable expansion from 2019 to 2022: its value increased at an average annual rate of +3.1% 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 decreased by -33.0% against 2020 indices. The pace of growth was the most pronounced in 2020 when exports increased by 64%. As a result, the exports reached the peak of $20K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Namibia | 1.0 | 8.8 | 8.3 | 9.1 | 108.8% |
| Democratic Republic of the Congo | 0.2 | N/A | N/A | 2.1 | 119.0% |
| Mozambique | 2.4 | 4.3 | 1.5 | 1.0 | -25.3% |
| Seychelles | 0.5 | N/A | N/A | 0.5 | 0.0% |
| Zambia | 0.1 | 5.6 | 1.7 | 0.5 | 71.0% |
| Swaziland | 2.0 | N/A | N/A | 0.1 | -63.2% |
| Zimbabwe | 5.8 | N/A | N/A | N/A | 0% |
| United Kingdom | N/A | N/A | 0.3 | N/A | 0% |
| Others | 0.2 | 1.2 | 0.2 | N/A | 0.0% |
| Total | 12.1 | 19.9 | 11.9 | 13.3 | 3.2% |
Top Export Markets for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale from South Africa in 2022:
- Namibia (649.0 kg)
- Democratic Republic of the Congo (337.0 kg)
- Mozambique (131.0 kg)
- Seychelles (82.0 kg)
- Zambia (79.0 kg)
- Swaziland (6.0 kg)
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