Price for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in South Africa - 2024

Contents:

1. Price for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in South Africa (FOB) - 2024
2. Price for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in South Africa (CIF) - 2022
3. Exports of Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in South Africa
4. Imports of Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in South Africa

Price for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in South Africa (FOB) - 2024

In April 2024, the average export price for twine, cordage or rope; knotted netting, of other than man-made textileses amounted to $3,426 per ton, declining by -22.7% against the previous month. Overall, the export price continues to indicate a pronounced slump. The pace of growth was the most pronounced in November 2023 an increase of 137% month-to-month. As a result, the export price reached the peak level of $10,486 per ton. From December 2023 to April 2024, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Zimbabwe ($14,334 per ton), while the average price for exports to Lesotho ($1,024 per ton) was amongst the lowest.

From April 2023 to April 2024, the most notable rate of growth in terms of prices was recorded for supplies to Zimbabwe (+7.9%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in South Africa (CIF) - 2022

The average import price for twine, cordage or rope; knotted netting, of other than man-made textileses stood at $4,112 per ton in 2022, approximately mirroring the previous year. In general, the import price saw a pronounced setback. The pace of growth was the most pronounced in 2016 when the average import price increased by 15%. Over the period under review, average import prices hit record highs at $5,604 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

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 Australia ($15,349 per ton), while the price for China ($2,823 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in South Africa

In 2022, overseas shipments of twine, cordage or rope; knotted netting, of other than man-made textileses decreased by -7.2% to 410 tons, falling for the second year in a row after two years of growth. In general, exports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2020 with an increase of 3.8%. As a result, the exports reached the peak of 592 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of twine, cordage or rope; knotted netting, of other than man-made textileses dropped to $2.2M in 2022. Overall, exports showed a deep slump. The smallest decline of -5% was in 2021.

Top Export Markets for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles from South Africa in 2022:

1. Namibia (146.5 tons)
2. Botswana (59.6 tons)
3. Swaziland (59.3 tons)
4. Mozambique (46.1 tons)
5. Lesotho (34.2 tons)
6. Democratic Republic of the Congo (20.0 tons)
7. Zimbabwe (19.6 tons)
8. Zambia (14.6 tons)
9. Ghana (0.1 tons)

Imports of Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in South Africa

In 2022, the amount of twine, cordage or rope; knotted netting, of other than man-made textileses imported into South Africa expanded notably to 366 tons, increasing by 6.1% against the year before. Over the period under review, imports, however, recorded a noticeable contraction. The pace of growth was the most pronounced in 2021 when imports increased by 42% against the previous year.

In value terms, imports of twine, cordage or rope; knotted netting, of other than man-made textileses rose slightly to $1.5M in 2022. Overall, imports, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 24% against the previous year.

Top Suppliers of Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles to South Africa in 2022:

1. China (262.2 tons)
2. Portugal (69.6 tons)
3. Australia (10.8 tons)
4. Spain (10.3 tons)
5. Namibia (5.5 tons)

Source: IndexBox Market Intelligence Platform