Price for Wadding; Other Articles Thereof, of Man-Made Fibres in South Africa - 2023

Contents:

  1. Price for Wadding; Other Articles Thereof, of Man-Made Fibres in South Africa (FOB) - 2022
  2. Price for Wadding; Other Articles Thereof, of Man-Made Fibres in South Africa (CIF) - 2022
  3. Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in South Africa
  4. Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in South Africa

Price for Wadding; Other Articles Thereof, of Man-Made Fibres in South Africa (FOB) - 2022

The average export price for wadding; other articles thereof, of man-made fibreses stood at $6,302 per ton in 2022, dropping by -3.1% against the previous year. Overall, the export price showed a mild contraction. The pace of growth appeared the most rapid in 2016 an increase of 35% against the previous year. The export price peaked at $7,896 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Zambia ($9,308 per ton), while the average price for exports to Mozambique ($4,572 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 Cote d'Ivoire (+15.5%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Wadding; Other Articles Thereof, of Man-Made Fibres in South Africa (CIF) - 2022

In 2022, the average import price for wadding; other articles thereof, of man-made fibreses amounted to $17,239 per ton, with an increase of 12% against the previous year. In general, the import price enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2013 an increase of 98% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the near future.

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 Poland ($30,848 per ton), while the price for China ($3,533 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Zimbabwe (+34.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in South Africa

In 2022, after three years of growth, there was significant decline in overseas shipments of wadding; other articles thereof, of man-made fibreses, when their volume decreased by -48.2% to 487 tons. In general, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 119%.

In value terms, exports of wadding; other articles thereof, of man-made fibreses declined dramatically to $3.1M in 2022. Overall, exports, however, enjoyed a prominent increase. The growth pace was the most rapid in 2020 when exports increased by 93% against the previous year.

Export of Wadding; Other Articles Thereof, of Man-Made Fibres in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Zimbabwe5692,1803,3081,15626.7%
Congo31.82051,405727183.8%
Mozambique13.30.343.1343195.4%
Malawi708788451325-22.9%
Namibia3.3N/A4.8206296.7%
Botswana380186206188-20.9%
Zambia0.5N/A0.370.7421.0%
Others23939569252.2-39.8%
Total1,9453,7546,1113,06816.4%

Top Export Markets for Wadding; Other Articles Thereof, of Man-Made Fibres from South Africa in 2022:

  1. Zimbabwe (170.3 tons)
  2. Congo (123.7 tons)
  3. Mozambique (75.1 tons)
  4. Malawi (50.9 tons)
  5. Namibia (28.5 tons)
  6. Botswana (27.5 tons)
  7. Zambia (7.6 tons)

Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in South Africa

In 2022, supplies from abroad of wadding; other articles thereof, of man-made fibreses increased by 49% to 47 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, faced a sharp curtailment.

In value terms, imports of wadding; other articles thereof, of man-made fibreses skyrocketed to $812K in 2022. Over the period under review, imports, however, recorded a significant curtailment.

Import of Wadding; Other Articles Thereof, of Man-Made Fibres in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland17.50.5N/A646233.0%
China44.713110.573.317.9%
United States4.34.712039.8110.0%
United Arab Emirates1,54159.0212N/A-62.9%
Mexico41.7N/AN/AN/A0%
Brazil118N/AN/AN/A0%
Others58.614014553.0-3.3%
Total1,826336488812-23.7%

Top Suppliers of Wadding; Other Articles Thereof, of Man-Made Fibres to South Africa in 2022:

  1. Poland (20.9 tons)
  2. China (20.7 tons)
  3. United States (3.8 tons)

Source: IndexBox Market Intelligence Platform

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