Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in South Africa - 2024
Contents:
- Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in South Africa (FOB) - 2022
- Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in South Africa (CIF) - 2022
- Exports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in South Africa
- Imports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in South Africa
Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in South Africa (FOB) - 2022
The average export price for wadding; other articles thereof, other than of cotton or man-made fibreses stood at $8,842 per ton in 2022, rising by 10% against the previous year. Overall, the export price showed a resilient increase. The most prominent rate of growth was recorded in 2019 an increase of 73% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see gradual growth in years to come.
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 Zambia ($9,987 per ton), while the average price for exports to Lesotho ($1,907 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 Zambia (+10.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in South Africa (CIF) - 2022
The average import price for wadding; other articles thereof, other than of cotton or man-made fibreses stood at $7,485 per ton in 2022, shrinking by -5.8% against the previous year. Overall, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +6.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for wadding; other articles thereof, other than of cotton or man-made fibreses increased by +72.0% against 2016 indices. The pace of growth was the most pronounced in 2014 when the average import price increased by 65% against the previous year. Over the period under review, average import prices attained the maximum at $7,944 per ton in 2021, and then reduced in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($23,474 per ton), while the price for Germany ($3,357 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in South Africa
In 2022, approx. 673 tons of wadding; other articles thereof, other than of cotton or man-made fibreses were exported from South Africa; rising by 18% against 2021 figures. Over the period under review, exports continue to indicate significant growth. The growth pace was the most rapid in 2020 with an increase of 78% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see gradual growth in years to come.
In value terms, exports of wadding; other articles thereof, other than of cotton or man-made fibreses surged to $6M in 2022. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 79% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Zimbabwe | 1,031 | 1,850 | 2,029 | 2,466 | 33.7% |
| Mozambique | 21.8 | 344 | 1,170 | 1,136 | 273.5% |
| Malawi | 0.7 | 48.7 | 615 | 932 | 1000.1% |
| Madagascar | N/A | N/A | N/A | 633 | 0% |
| Zambia | 81.2 | 107 | 517 | 558 | 90.1% |
| Namibia | 153 | 108 | 123 | 123 | -7.0% |
| Botswana | 145 | 8.3 | 73.1 | 54.4 | -27.9% |
| Others | 49.9 | 101 | 68.2 | 47.7 | -1.5% |
| Total | 1,483 | 2,567 | 4,595 | 5,950 | 58.9% |
Top Export Markets for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres from South Africa in 2022:
- Zimbabwe (274.4 tons)
- Mozambique (132.0 tons)
- Malawi (102.1 tons)
- Madagascar (73.6 tons)
- Zambia (55.9 tons)
- Namibia (14.1 tons)
- Botswana (8.8 tons)
Imports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in South Africa
In 2022, approx. 65 tons of wadding; other articles thereof, other than of cotton or man-made fibreses were imported into South Africa; shrinking by -31.6% compared with 2021 figures. Overall, imports saw a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 9.5%. As a result, imports attained the peak of 95 tons, and then shrank notably in the following year.
In value terms, imports of wadding; other articles thereof, other than of cotton or man-made fibreses reduced remarkably to $487K in 2022. Over the period under review, imports recorded a pronounced slump. The most prominent rate of growth was recorded in 2021 when imports increased by 29%. As a result, imports attained the peak of $756K, and then reduced rapidly in the following year.
| Import of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 139 | 255 | 265 | 164 | 5.7% |
| France | N/A | N/A | 69.8 | 139 | 99.1% |
| Indonesia | N/A | 0.1 | 179 | 89.4 | 2890.0% |
| Australia | 152 | 141 | 39.3 | 39.3 | -36.3% |
| United States | 70.9 | 52.8 | 107 | 26.7 | -27.8% |
| Germany | 4.1 | 2.0 | 3.8 | 14.8 | 53.4% |
| Netherlands | 167 | 125 | 88.9 | N/A | -27.0% |
| Others | 13.6 | 9.0 | 2.6 | 13.9 | 0.7% |
| Total | 546 | 585 | 756 | 487 | -3.7% |
Top Suppliers of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres to South Africa in 2022:
- China (41.1 tons)
- France (11.3 tons)
- Germany (4.4 tons)
- Indonesia (3.8 tons)
- Australia (2.3 tons)
- United States (0.8 tons)
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