Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in South Africa - 2023
Contents:
- Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in South Africa (FOB) - 2022
- Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in South Africa (CIF) - 2022
- Exports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in South Africa
- Imports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in South Africa
Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in South Africa (FOB) - 2022
In 2022, the average export price for fabrics; looped pile fabrics, of cotton, knitted or crocheted amounted to $6,010 per ton, declining by -28.1% against the previous year. Overall, the export price continues to indicate a deep slump. The most prominent rate of growth was recorded in 2021 when the average export price increased by 105% against the previous year. Over the period under review, the average export prices hit record highs at $11,935 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
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 Swaziland ($18,506 per ton), while the average price for exports to Lesotho ($2,049 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 Mozambique (+7.1%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in South Africa (CIF) - 2022
The average import price for fabrics; looped pile fabrics, of cotton, knitted or crocheted stood at $5,618 per ton in 2022, picking up by 23% against the previous year. Over the period under review, the import price, however, saw a abrupt curtailment. The pace of growth was the most pronounced in 2017 when the average import price increased by 53% against the previous year. Over the period under review, average import prices attained the maximum at $10,467 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mauritius ($8,457 per ton), while the price for China ($4,787 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lesotho (+10.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in South Africa
Exports of fabrics; looped pile fabrics, of cotton, knitted or crocheted from South Africa soared to 56 tons in 2022, with an increase of 70% on the previous year. Over the period under review, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 330% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.
In value terms, exports of fabrics; looped pile fabrics, of cotton, knitted or crocheted soared to $336K in 2022. In general, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 783%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Botswana | 32.5 | 25.2 | 77.4 | 164 | 71.5% |
| Swaziland | 6.9 | 2.2 | 149 | 121 | 159.8% |
| Lesotho | 3.0 | 2.0 | 3.3 | 37.7 | 132.5% |
| Mozambique | 0.1 | 1.4 | 5.9 | 12.7 | 402.7% |
| Kenya | N/A | N/A | 17.0 | N/A | 0% |
| Others | 1.6 | 0.4 | 22.0 | N/A | 270.8% |
| Total | 44.1 | 31.1 | 275 | 336 | 96.8% |
Top Export Markets for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted from South Africa in 2022:
- Botswana (28.4 tons)
- Lesotho (18.4 tons)
- Swaziland (6.5 tons)
- Mozambique (2.6 tons)
Imports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in South Africa
In 2022, purchases abroad of fabrics; looped pile fabrics, of cotton, knitted or crocheted decreased by -68.7% to 37 tons, falling for the second year in a row after two years of growth. Over the period under review, imports faced a sharp reduction. The most prominent rate of growth was recorded in 2020 with an increase of 49% against the previous year. As a result, imports attained the peak of 136 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of fabrics; looped pile fabrics, of cotton, knitted or crocheted dropped remarkably to $208K in 2022. In general, imports showed a sharp reduction. The smallest decline of -0.5% was in 2021.
| Import of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 391 | 455 | 458 | 134 | -30.0% |
| Mauritius | 138 | 0.4 | 0.1 | 62.7 | -23.1% |
| Pakistan | 42.7 | 83.9 | 1.7 | 6.6 | -46.3% |
| India | N/A | N/A | 69.6 | N/A | 0% |
| Others | 26.3 | 2.7 | 9.8 | 3.9 | -47.1% |
| Total | 597 | 542 | 539 | 208 | -29.6% |
Top Suppliers of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted to South Africa in 2022:
- China (28.1 tons)
- Mauritius (7.4 tons)
- Pakistan (1.1 tons)
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