Price for Cotton; Sewing Thread, Put Up for Retail Sale in South Africa - 2024
Contents:
- Price for Cotton; Sewing Thread, Put Up for Retail Sale in South Africa (FOB) - 2022
- Price for Cotton; Sewing Thread, Put Up for Retail Sale in South Africa (CIF) - 2022
- Exports of Cotton; Sewing Thread, Put Up for Retail Sale in South Africa
- Imports of Cotton; Sewing Thread, Put Up for Retail Sale in South Africa
Price for Cotton; Sewing Thread, Put Up for Retail Sale in South Africa (FOB) - 2022
The average export price for cotton; sewing thread, put up for retail sale stood at $9,312 per ton in 2022, rising by 23% against the previous year. Over the period under review, export price indicated strong 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, export price for cotton; sewing thread, put up for retail sale increased by +94.7% against 2019 indices. The most prominent rate of growth was recorded in 2017 an increase of 37% against the previous year. The export price peaked in 2022 and is likely to continue growth in years to come.
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 Namibia ($12,821 per ton), while the average price for exports to Mozambique ($4,884 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 Swaziland (+13.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Cotton; Sewing Thread, Put Up for Retail Sale in South Africa (CIF) - 2022
In 2022, the average import price for cotton; sewing thread, put up for retail sale amounted to $2,440 per ton, which is down by -40% against the previous year. Overall, the import price continues to indicate a abrupt decline. The growth pace was the most rapid in 2019 when the average import price increased by 72%. The import price peaked at $4,602 per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 Spain ($18,500 per ton), while the price for China ($1,888 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.7%), while the prices for the other major suppliers experienced a decline.
Exports of Cotton; Sewing Thread, Put Up for Retail Sale in South Africa
Exports of cotton; sewing thread, put up for retail sale from South Africa contracted significantly to 49 tons in 2022, declining by -20.8% on the previous year's figure. Overall, exports recorded a precipitous contraction. The smallest decline of -4.8% was in 2021.
In value terms, exports of cotton; sewing thread, put up for retail sale fell modestly to $457K in 2022. Over the period under review, exports continue to indicate a sharp descent. The growth pace was the most rapid in 2021 with an increase of 18%.
| Export of Cotton; Sewing Thread, Put Up for Retail Sale in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Namibia | 104 | 98.5 | 113 | 116 | 3.7% |
| Lesotho | 919 | 55.4 | 68.0 | 80.8 | -55.5% |
| Botswana | 54.6 | 33.0 | 46.5 | 75.3 | 11.3% |
| Swaziland | 69.0 | 63.4 | 24.4 | 34.1 | -20.9% |
| Tanzania | 0.2 | N/A | 24.4 | 24.3 | 395.3% |
| Mozambique | 55.6 | 19.0 | 16.7 | 13.9 | -37.0% |
| Zambia | 9.0 | 18.5 | 20.1 | 13.9 | 15.6% |
| United Kingdom | 38.6 | 12.6 | 33.7 | 1.4 | -66.9% |
| Others | 52.6 | 94.8 | 120 | 96.3 | 22.3% |
| Total | 1,303 | 395 | 467 | 457 | -29.5% |
Top Export Markets for Cotton; Sewing Thread, Put Up for Retail Sale from South Africa in 2022:
- Botswana (14.9 tons)
- Lesotho (10.5 tons)
- Namibia (9.1 tons)
- Tanzania (3.9 tons)
- Swaziland (3.6 tons)
- Mozambique (2.8 tons)
- Zambia (1.8 tons)
- United Kingdom (0.1 tons)
Imports of Cotton; Sewing Thread, Put Up for Retail Sale in South Africa
In 2022, the amount of cotton; sewing thread, put up for retail sale imported into South Africa soared to 61 tons, rising by 111% compared with the previous year. Over the period under review, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 258%. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of cotton; sewing thread, put up for retail sale soared to $149K in 2022. In general, imports enjoyed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 170%. As a result, imports attained the peak of $184K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Cotton; Sewing Thread, Put Up for Retail Sale in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 24.1 | 139 | 67.7 | 109 | 65.4% |
| India | 12.1 | 10.2 | 15.0 | 15.7 | 9.1% |
| Swaziland | 3.0 | 17.8 | 0.2 | 0.1 | -67.8% |
| Others | 28.9 | 17.5 | 34.7 | 24.1 | -5.9% |
| Total | 68.1 | 184 | 118 | 149 | 29.8% |
Top Suppliers of Cotton; Sewing Thread, Put Up for Retail Sale to South Africa in 2022:
- China (57.8 tons)
- India (2.1 tons)
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This report provides an in-depth analysis of the cotton sewing thread market in South Africa.
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This report provides an in-depth analysis of the global cotton sewing thread market.
396
This report provides an in-depth analysis of the cotton sewing thread market in South Africa.
1120
This report provides an in-depth analysis of the global cotton sewing thread market.
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In 2016, the global cotton sewing thread imports totaled X tons, remaining relatively unchanged against the previous year figure. In general, cotton sewing thread imports continue to indicate a pe...
1110
In 2016, the global cotton sewing thread imports totaled X tons, remaining relatively unchanged against the previous year figure. In general, cotton sewing thread imports continue to indicate a pe...
1662
The global trade in cotton sewing thread amounted to X million USD in 2015, fluctuating mildly over the period under review. A X% drop in 2009 was followed by another X% decline in 2010, after which exports alternated be
1524
Despite a drop in exports in 2014, India remained one of the leaders in the global cotton sewing thread trade. In 2014, India exported X tons of cotton sewing thread totaling X million USD, X% under the previous year. Its primary trading partne
1060
In 2016, the global cotton sewing thread imports totaled X tons, remaining relatively unchanged against the previous year figure. In general, cotton sewing thread imports continue to indicate a pe...
1110
In 2016, the global cotton sewing thread imports totaled X tons, remaining relatively unchanged against the previous year figure. In general, cotton sewing thread imports continue to indicate a pe...
1662
The global trade in cotton sewing thread amounted to X million USD in 2015, fluctuating mildly over the period under review. A X% drop in 2009 was followed by another X% decline in 2010, after which exports alternated be
1524
Despite a drop in exports in 2014, India remained one of the leaders in the global cotton sewing thread trade. In 2014, India exported X tons of cotton sewing thread totaling X million USD, X% under the previous year. Its primary trading partne
