Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in South Africa - 2024
Contents:
- Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in South Africa (CIF) - 2024
- Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in South Africa (FOB) - 2024
- Imports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in South Africa
- Exports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in South Africa
Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in South Africa (CIF) - 2024
The average import price for fabrics, knitted or crocheted, of a width of > 30 cms stood at $3,963 per ton in December 2023, with a decrease of -12.1% against the previous month. Over the period under review, the import price recorded a slight descent. The pace of growth appeared the most rapid in May 2023 an increase of 26% against the previous month. Over the period under review, average import prices attained the maximum at $6,279 per ton in July 2023; however, from August 2023 to December 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Swaziland ($8,154 per ton), while the price for Pakistan ($1,668 per ton) was amongst the lowest.
From January 2023 to December 2023, the most notable rate of growth in terms of prices was attained by India (+4.3%), while the prices for the other major suppliers experienced a decline.
Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in South Africa (FOB) - 2024
The average export price for fabrics, knitted or crocheted, of a width of > 30 cms stood at $7,966 per ton in December 2023, increasing by 13% against the previous month. Over the period from January 2023 to December 2023, it increased at an average monthly rate of +1.5%. The pace of growth was the most pronounced in February 2023 an increase of 72% month-to-month. As a result, the export price reached the peak level of $11,559 per ton. From March 2023 to December 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($12,447 per ton), while the average price for exports to Zambia ($2,710 per ton) was amongst the lowest.
From January 2023 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Israel (+17.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in South Africa
In 2022, imports of fabrics, knitted or crocheted, of a width of > 30 cms into South Africa was estimated at 18K tons, increasing by 13% against 2021. The total import volume increased at an average annual rate of +2.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 20% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of fabrics, knitted or crocheted, of a width of > 30 cms surged to $94M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +11.5% 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 +91.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 50%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 38.8 | 26.7 | 37.8 | 50.2 | 9.0% |
| Swaziland | 14.7 | 12.0 | 15.6 | 17.8 | 6.6% |
| Mauritius | 7.1 | 5.9 | 10.4 | 17.3 | 34.6% |
| India | 0.7 | 0.6 | 3.0 | 2.6 | 54.9% |
| Taiwan (Chinese) | 2.2 | 1.1 | 1.0 | 1.2 | -18.3% |
| Others | 4.5 | 2.7 | 5.8 | 5.2 | 4.9% |
| Total | 68.0 | 49.1 | 73.6 | 94.2 | 11.5% |
Top Suppliers of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm to South Africa in 2022:
- China (13.2K tons)
- Swaziland (2.2K tons)
- Mauritius (1.6K tons)
- India (0.4K tons)
- Taiwan (Chinese) (0.2K tons)
Exports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in South Africa
In 2022, the amount of fabrics, knitted or crocheted, of a width of > 30 cms exported from South Africa expanded markedly to 1.5K tons, with an increase of 8.3% compared with the year before. Overall, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 79% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of fabrics, knitted or crocheted, of a width of > 30 cms expanded significantly to $12M in 2022. Over the period under review, exports, however, saw a perceptible contraction. The pace of growth was the most pronounced in 2021 when exports increased by 80% against the previous year.
| Export of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Swaziland | 2,399 | 1,214 | 3,087 | 4,731 | 25.4% |
| Australia | 2,036 | 1,979 | 2,420 | 1,958 | -1.3% |
| United States | 2,867 | 557 | 2,074 | 1,718 | -15.7% |
| Namibia | 689 | 461 | 699 | 666 | -1.1% |
| Lesotho | 3,238 | 421 | 797 | 608 | -42.7% |
| Israel | 183 | 483 | 395 | 364 | 25.8% |
| Zimbabwe | 61.4 | 139 | 154 | 304 | 70.4% |
| Botswana | 52.2 | 21.8 | 69.8 | 186 | 52.7% |
| Malawi | 17.4 | 16.8 | 28.4 | 110 | 84.9% |
| Zambia | 4.4 | 11.8 | 104 | 107 | 189.7% |
| Others | 779 | 631 | 839 | 803 | 1.0% |
| Total | 12,327 | 5,935 | 10,667 | 11,554 | -2.1% |
Top Export Markets for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm from South Africa in 2022:
- Swaziland (692.9 tons)
- Australia (202.2 tons)
- United States (156.0 tons)
- Namibia (98.3 tons)
- Lesotho (61.8 tons)
- Zambia (49.7 tons)
- Botswana (47.0 tons)
- Malawi (43.4 tons)
- Zimbabwe (31.4 tons)
- Israel (29.9 tons)
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