South Africa - Cotton Yarn - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCotton Yarn Price in South Africa Reduces Markedly to $3,441 per Ton
South Africa Cotton Yarn Import Price in February 2023
In February 2023, the cotton yarn price amounted to $3,441 per ton (CIF, South Africa), shrinking by -5.5% against the previous month. In general, the import price saw a mild curtailment. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 13% against the previous month. Over the period under review, average import prices hit record highs at $4,763 per ton in August 2022; however, from September 2022 to February 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In February 2023, the country with the highest price was China ($4,012 per ton), while the price for Pakistan ($509 per ton) was amongst the lowest.
From February 2022 to February 2023, the most notable rate of growth in terms of prices was attained by Mozambique (+0.4%), while the prices for the other major suppliers experienced a decline.
| COUNTRY | Import Price of Cotton Yarn in South Africa (USD per ton) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 2022 | Mar 2022 | Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | |
| China | 4,539 | 2,973 | 5,194 | 2,937 | 5,527 | 3,880 | 2,658 | 2,554 | 6,426 | 3,475 | 3,626 | 3,035 | 4,012 |
| Mauritius | 4,256 | 4,414 | 5,276 | 4,750 | 4,894 | 4,975 | 4,958 | 5,112 | 4,765 | 4,393 | 3,623 | 4,246 | 3,672 |
| Lesotho | 4,366 | 4,527 | 4,625 | 4,348 | 4,553 | 4,383 | 4,552 | 4,061 | 4,306 | 4,391 | 4,599 | 4,650 | 3,591 |
| Indonesia | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 3,362 | 3,349 |
| India | 4,449 | 3,417 | 4,747 | 3,306 | 5,365 | 4,136 | 4,186 | 3,274 | 4,088 | 2,554 | 4,397 | 3,144 | 3,152 |
| Zimbabwe | 3,582 | 3,518 | 3,541 | 3,784 | 4,064 | 4,336 | N/A | N/A | 1,254 | 1,241 | N/A | 1,321 | 2,446 |
| Pakistan | 633 | 616 | N/A | 378 | 287 | N/A | 555 | 565 | 742 | 535 | 693 | 467 | 509 |
| Mozambique | 4,358 | 4,483 | 4,647 | 4,791 | 4,852 | 4,936 | 5,056 | 4,984 | 4,988 | 5,304 | N/A | 4,543 | N/A |
| Average | 4,022 | 4,157 | 4,684 | 4,116 | 4,592 | 4,735 | 4,763 | 4,648 | 3,849 | 3,421 | 3,864 | 3,641 | 3,441 |
South Africa Cotton Yarn Import Prices by Type
Average prices varied noticeably amongst the major supplied products. In February 2023, the product with the highest price was cotton yarn (other than sewing thread), put up for retail sale ($3,665 per ton), while the price for cotton yarn (other than sewing thread), containing less than 85% by weight of cotton, not put up for retail sale ($2,942 per ton) was amongst the lowest.
From February 2022 to February 2023, the most notable rate of growth in terms of prices was attained by cotton yarn (other than sewing thread), containing less than 85% by weight of cotton, not put up for retail sale (+6.9%), while the prices for the other products experienced a decline.
South Africa Cotton Yarn Imports
In February 2023, the amount of cotton yarn imported into South Africa dropped to 694 tons, waning by -5.7% on January 2023. Over the period under review, imports showed a mild contraction. The growth pace was the most rapid in January 2023 when imports increased by 227% month-to-month.
In value terms, cotton yarn imports shrank to $2.4M (IndexBox estimates) in February 2023. Overall, imports recorded a noticeable decline. The pace of growth was the most pronounced in January 2023 when imports increased by 208% m-o-m.
South Africa Cotton Yarn Imports by Type
In February 2023, cotton yarn (other than sewing thread), containing 85% or more by weight of cotton, not put up for retail sale (452 tons) constituted the largest type of cotton yarn supplied to South Africa, with a 65% share of total imports. Moreover, cotton yarn (other than sewing thread), containing 85% or more by weight of cotton, not put up for retail sale exceeded the figures recorded for the second-largest type, cotton yarn (other than sewing thread), put up for retail sale (173 tons), threefold.
From February 2022 to February 2023, the average monthly rate of growth in terms of the volume of import of cotton yarn (other than sewing thread), containing 85% or more by weight of cotton, not put up for retail sale amounted to -2.2%. With regard to the other supplied products, the following average monthly rates of growth were recorded: cotton yarn (other than sewing thread), put up for retail sale (-0.2% per month) and cotton yarn (other than sewing thread), containing less than 85% by weight of cotton, not put up for retail sale (+5.3% per month).
In value terms, cotton yarn (other than sewing thread), containing 85% or more by weight of cotton, not put up for retail sale ($1.6M) constituted the largest type of cotton yarn supplied to South Africa, comprising 65% of total imports. The second position in the ranking was taken by cotton yarn (other than sewing thread), put up for retail sale ($634K), with a 27% share of total imports.
South Africa Cotton Yarn Imports by Country
Mauritius (242 tons), Lesotho (172 tons) and India (170 tons) were the main suppliers of cotton yarn imports to South Africa, with a combined 84% share of total imports. These countries were followed by Indonesia, Zimbabwe, Pakistan and China, which together accounted for a further 13%.
From February 2022 to February 2023, the biggest increases were in Indonesia (with a CAGR of +111.4%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the largest cotton yarn suppliers to South Africa were Mauritius ($889K), Lesotho ($619K) and India ($537K), with a combined 86% share of total imports. Indonesia, Zimbabwe, China and Pakistan lagged somewhat behind, together accounting for a further 10%.
In terms of the main suppliers, Indonesia, with a CAGR of +110.5%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the cotton yarn market in South Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 13106160 - Cotton yarn, p.r.s. (excluding sewing thread)
- Prodcom 131061Z1 - Cotton yarn of uncombed fibres, n.p.r.s.
- Prodcom 131061Z2 - Cotton yarn of combed fibres, n.p.r.s.
- Prodcom 13106132 - Yarn of uncombed cotton, n.p.r.s., for woven fabrics (excluding for carpets and floor coverings)
- Prodcom 13106133 - Yarn of uncombed cotton, n.p.r.s., for knitted fabrics and hosiery
- Prodcom 13106135 - Yarn of uncombed cotton, n.p.r.s., for other uses (including carpets and floor coverings)
- Prodcom 13106152 - Yarn of combed cotton, n.p.r.s., for woven fabrics (excluding for carpets and floor coverings)
- Prodcom 13106153 - Yarn of combed cotton, n.p.r.s., for knitted fabrics and hosiery
- Prodcom 13106155 - Yarn of combed cotton, n.p.r.s., for other uses (including carpets and floor coverings)
Country coverage:
- South Africa
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in South Africa
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
