South Africa - Horsehair - Market Analysis, Forecast, Size, Trends and Insights
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View PricingHorsehair Price in South Africa - 2023
Contents:
- Horsehair Price in South Africa (CIF) - 2023
- Horsehair Price in South Africa (FOB) - 2023
- Horsehair Imports in South Africa
- Horsehair Exports in South Africa
Horsehair Price in South Africa (CIF) - 2023
In July 2023, the average horsehair import price amounted to $13,748 per ton, rising by 5.5% against the previous month. Over the period under review, the import price, however, showed a slight descent. The most prominent rate of growth was recorded in November 2022 an increase of 67% month-to-month. As a result, import price attained the peak level of $24,280 per ton. From December 2022 to July 2023, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Lesotho.
From July 2022 to July 2023, the rate of growth in terms of prices for Lesotho amounted to -0.8% per month.
Horsehair Price in South Africa (FOB) - 2023
In July 2023, the average horsehair export price amounted to $13,625 per ton, with an increase of 29% against the previous month. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in February 2023 when the average export price increased by 332% m-o-m. The export price peaked at $30,735 per ton in October 2022; however, from November 2022 to July 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was India ($31,276 per ton), while the average price for exports to China ($7,085 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.
Horsehair Imports in South Africa
In 2022, overseas purchases of horsehair decreased by -20.1% to 1.1K tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 139%.
In value terms, horsehair imports reduced to $16M in 2022. Overall, imports, however, saw a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 102% against the previous year. As a result, imports reached the peak of $17M, and then shrank slightly in the following year.
| Import of Horsehair in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lesotho | 1.8 | 4.2 | 9.1 | 10.3 | 78.9% |
| United States | 2.7 | 2.7 | 5.3 | 3.3 | 6.9% |
| Australia | 1.6 | 1.1 | 1.6 | 1.9 | 5.9% |
| Namibia | N/A | N/A | N/A | 0.3 | 0% |
| New Zealand | 0.5 | 0.3 | 0.4 | 0.3 | -15.7% |
| Others | 0.2 | N/A | 0.5 | 0.1 | -20.6% |
| Total | 6.7 | 8.4 | 16.9 | 16.1 | 33.9% |
Top Suppliers of Horsehair to South Africa in 2022:
- Lesotho (675.9 tons)
- United States (147.0 tons)
- Namibia (136.0 tons)
- Australia (90.5 tons)
- New Zealand (12.6 tons)
Horsehair Exports in South Africa
After three years of growth, overseas shipments of horsehair decreased by -55.9% to 93 tons in 2022. Over the period under review, exports saw a significant contraction. The most prominent rate of growth was recorded in 2020 with an increase of 3.4%.
In value terms, horsehair exports declined rapidly to $1.6M in 2022. In general, exports saw a sharp descent. The growth pace was the most rapid in 2021 when exports increased by 43%. As a result, the exports attained the peak of $4M, and then contracted rapidly in the following year.
| Export of Horsehair in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 1,700 | 428 | 766 | 775 | -23.0% |
| United Kingdom | 1,227 | 1,820 | 2,675 | 353 | -34.0% |
| India | 85.4 | 41.9 | 122 | 293 | 50.8% |
| Japan | 36.1 | 76.3 | 85.5 | 68.5 | 23.8% |
| Taiwan (Chinese) | 127 | 153 | 231 | 59.6 | -22.3% |
| China | 6.1 | 194 | 58.9 | 29.4 | 68.9% |
| Others | 63.9 | 84.0 | 64.1 | 31.8 | -20.8% |
| Total | 3,245 | 2,796 | 4,003 | 1,610 | -20.8% |
Top Export Markets for Horsehair from South Africa in 2022:
- Italy (43.5 tons)
- United Kingdom (30.5 tons)
- India (9.0 tons)
- Taiwan (Chinese) (3.3 tons)
- Japan (2.8 tons)
- China (2.6 tons)
This report provides an in-depth analysis of the horsehair 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:
- FCL 1030 - Fine goat hair
- FCL 1031 - Coarse goat hair
- FCL 1100 - Hair of horses
- FCL 1218 - Hair, fine
- FCL 1219 - Hair, coarse nes
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
-
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
- COUNTRIES WITH TOP YIELDS
- 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, PRODUCING ANIMALS AND YIELD
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
- Yield 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
- Producing Animals Slaughtered, 2012–2023
- Yield, 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
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