Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in South Africa - 2024

Contents:

1. Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in South Africa (CIF) - 2022
2. Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in South Africa (FOB) - 2022
3. Imports of Yarn of Other Vegetable Textile Fibres; Paper Yarn in South Africa
4. Exports of Yarn of Other Vegetable Textile Fibres; Paper Yarn in South Africa

Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in South Africa (CIF) - 2022

In 2022, the average import price for yarn of other vegetable textile fibres; paper yarns amounted to $2,271 per ton, picking up by 7.6% against the previous year. In general, the import price, however, saw a deep slump. The most prominent rate of growth was recorded in 2016 an increase of 27%. The import price peaked at $4,593 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 India ($6,000 per ton), while the price for Italy ($2,036 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+13.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in South Africa (FOB) - 2022

In 2022, the average export price for yarn of other vegetable textile fibres; paper yarns amounted to $3,066 per ton, which is down by -43.8% against the previous year. Over the period under review, the export price showed a deep slump. The pace of growth appeared the most rapid in 2016 an increase of 102%. Over the period under review, the average export prices reached the peak figure at $10,748 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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 Kenya ($7,393 per ton), while the average price for exports to Swaziland ($1,482 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 Saint Helena, Ascension and Tristan da Cunha (+34.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Yarn of Other Vegetable Textile Fibres; Paper Yarn in South Africa

In 2022, approx. 151 tons of yarn of other vegetable textile fibres; paper yarns were imported into South Africa; with a decrease of -17.4% compared with the year before. Overall, total imports indicated a perceptible expansion from 2019 to 2022: its volume increased at an average annual rate of +4.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.9% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 91%. As a result, imports attained the peak of 183 tons, and then contracted dramatically in the following year.

In value terms, imports of yarn of other vegetable textile fibres; paper yarns fell to $344K in 2022. The total import value increased at an average annual rate of +4.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 44%. As a result, imports attained the peak of $387K, and then contracted in the following year.

Top Suppliers of Yarn of Other Vegetable Textile Fibres; Paper Yarn to South Africa in 2022:

1. Italy (132.1 tons)
2. China (18.4 tons)

Exports of Yarn of Other Vegetable Textile Fibres; Paper Yarn in South Africa

Exports of yarn of other vegetable textile fibres; paper yarns from South Africa soared to 2.9 tons in 2022, picking up by 70% compared with 2021. Over the period under review, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 74% against the previous year. As a result, the exports attained the peak of 5 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of yarn of other vegetable textile fibres; paper yarns dropped slightly to $8.9K in 2022. Overall, exports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 137%. As a result, the exports attained the peak of $16K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Top Export Markets for Yarn of Other Vegetable Textile Fibres; Paper Yarn from South Africa in 2022:

1. Namibia (1684.0 kg)
2. Botswana (273.0 kg)
3. Democratic Republic of the Congo (253.0 kg)
4. Swaziland (193.0 kg)
5. Kenya (122.0 kg)
6. Zambia (116.0 kg)
7. Zimbabwe (74.0 kg)
8. Cyprus (68.0 kg)

Source: IndexBox Market Intelligence Platform