Price for Tents of Synthetic Fibres in South Africa - 2023

Contents:

  1. Price for Tents of Synthetic Fibres in South Africa (FOB) - 2022
  2. Price for Tents of Synthetic Fibres in South Africa (CIF) - 2022
  3. Exports of Tents of Synthetic Fibres in South Africa
  4. Imports of Tents of Synthetic Fibres in South Africa

Price for Tents of Synthetic Fibres in South Africa (FOB) - 2022

In 2022, the average tents of synthetic fibres export price amounted to $10,362 per ton, reducing by -16.7% against the previous year. Overall, the export price saw a mild curtailment. The most prominent rate of growth was recorded in 2015 when the average export price increased by 32%. The export price peaked at $12,447 per ton in 2021, and then contracted rapidly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($15,962 per ton), while the average price for exports to Swaziland ($4,017 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 Israel (+1.6%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Tents of Synthetic Fibres in South Africa (CIF) - 2022

In 2022, the average tents of synthetic fibres import price amounted to $4,208 per ton, increasing by 48% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. As a result, import price attained 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 2022, amid the top importers, the country with the highest price was Bangladesh ($5,744 per ton), while the price for China ($3,717 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cambodia (+0.9%), while the prices for the other major suppliers experienced a decline.

Exports of Tents of Synthetic Fibres in South Africa

In 2022, approx. 1K tons of tents of synthetic fibreses were exported from South Africa; jumping by 43% on 2021 figures. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +13.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +89.7% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, tents of synthetic fibres exports skyrocketed to $11M in 2022. In general, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +9.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +90.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 60%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

Export of Tents of Synthetic Fibres in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands3834981,27399637.5%
United Kingdom3034161,19088442.9%
Belgium5744911,00684713.8%
France55831247383414.3%
Germany13116149755361.6%
Israel3.31.3N/A391391.2%
Namibia702388266379-18.6%
Zambia89.645262735758.5%
Botswana16520516425816.1%
Swaziland44.539.755.823173.1%
Mozambique906660293213-38.3%
Zimbabwe80.089.730.119634.8%
Costa Rica43.2N/AN/A16054.7%
Others4,1391,8363,0094,2951.2%
Total8,1225,5518,88410,5939.3%

Top Export Markets for Tents of Synthetic Fibres from South Africa in 2022:

  1. Namibia (84.1 tons)
  2. Netherlands (75.9 tons)
  3. United Kingdom (67.5 tons)
  4. Swaziland (57.4 tons)
  5. Belgium (53.4 tons)
  6. Botswana (52.3 tons)
  7. France (52.2 tons)
  8. Israel (49.9 tons)
  9. Zambia (47.6 tons)
  10. Mozambique (41.6 tons)
  11. Germany (39.8 tons)
  12. Zimbabwe (37.1 tons)
  13. Costa Rica (35.2 tons)

Imports of Tents of Synthetic Fibres in South Africa

In 2022, approx. 2.1K tons of tents of synthetic fibreses were imported into South Africa; reducing by -27.4% compared with 2021. Overall, imports recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by 22% against the previous year.

In value terms, tents of synthetic fibres imports expanded rapidly to $8.7M in 2022. In general, imports showed a perceptible descent. The pace of growth was the most pronounced in 2021 when imports increased by 42% against the previous year.

Import of Tents of Synthetic Fibres in South Africa (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7.14.66.35.8-6.5%
Bangladesh2.10.91.62.44.6%
CambodiaN/AN/AN/A0.20%
Others0.30.20.20.2-12.6%
Total9.55.78.18.7-2.9%

Top Suppliers of Tents of Synthetic Fibres to South Africa in 2022:

  1. China (1572.7 tons)
  2. Bangladesh (423.5 tons)
  3. Cambodia (59.3 tons)

Source: IndexBox Market Intelligence Platform

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