South Africa - Woven Woolen Fabrics - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

South Africa - Woven Woolen Fabrics - Market Analysis, Forecast, Size, Trends and Insights

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Woolen Fabric Price in South Africa - 2023

Contents:

  1. Woolen Fabric Price in South Africa (CIF) - 2022
  2. Woolen Fabric Price in South Africa (FOB) - 2022
  3. Woolen Fabric Imports in South Africa
  4. Woolen Fabric Exports in South Africa

Woolen Fabric Price in South Africa (CIF) - 2022

In 2022, the average woolen fabric import price amounted to $7.7 per square meter, surging by 70% against the previous year. Over the period under review, import price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, woolen fabric import price increased by +103.8% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Italy ($11 per square meter), while the price for Taiwan (Chinese) ($1.2 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Woolen Fabric Price in South Africa (FOB) - 2022

In 2022, the average woolen fabric export price amounted to $3.5 per square meter, rising by 1.8% against the previous year. Overall, the export price, however, showed a abrupt setback. The pace of growth was the most pronounced in 2021 an increase of 259%. Over the period under review, the average export prices reached the maximum at $8.1 per square meter in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($49 per square meter), while the average price for exports to Democratic Republic of the Congo ($0.6 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (+10.8%), while the prices for the other major destinations experienced mixed trend patterns.

Woolen Fabric Imports in South Africa

Woolen fabric imports into South Africa soared to 565K square meters in 2022, picking up by 16% on the previous year. In general, imports recorded significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 115% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, woolen fabric imports surged to $4.3M in 2022. Over the period under review, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 157% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.

Import of Woolen Fabric in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3124191,8973,963133.3%
United Kingdom29710310291.3-32.5%
Italy34413956.280.6-38.4%
SwazilandN/AN/AN/A40.80%
Taiwan (Chinese)N/AN/A0.134.434300.0%
India30812422.626.7-55.7%
United Arab Emirates16.426.069.21.8-52.1%
MozambiqueN/A10.5N/AN/A0%
Others15928.744.194.4-16.0%
Total1,4368512,1914,33344.5%

Top Suppliers of Woolen Fabric to South Africa in 2022:

  1. China (480.8K square meters)
  2. Taiwan (Chinese) (29.9K square meters)
  3. Swaziland (14.1K square meters)
  4. United Kingdom (8.4K square meters)
  5. Italy (7.2K square meters)
  6. India (2.7K square meters)
  7. United Arab Emirates (0.5K square meters)

Woolen Fabric Exports in South Africa

In 2022, woolen fabric exports from South Africa surged to 416K square meters, jumping by 135% against 2021. Overall, exports posted significant growth. The growth pace was the most rapid in 2020 with an increase of 137% against the previous year. As a result, the exports reached the peak of 523K square meters. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, woolen fabric exports skyrocketed to $1.5M in 2022. Over the period under review, exports enjoyed a resilient increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Woolen Fabric in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France24123.033274145.4%
Swaziland39.711.557.425385.4%
Zimbabwe1.917.813.7252410.0%
Lesotho1093551181151.8%
Botswana30.237.543.522.9-8.8%
Zambia0.20.2N/A5.9209.0%
Democratic Republic of the CongoN/A1.4N/A3.762.6%
Malawi12.56.23.50.6-63.7%
Others48149.040.362.0-49.5%
Total9155026091,45616.7%

Top Export Markets for Woolen Fabric from South Africa in 2022:

  1. Zimbabwe (204.6K square meters)
  2. Lesotho (78.8K square meters)
  3. Swaziland (75.7K square meters)
  4. France (15.2K square meters)
  5. Zambia (9.2K square meters)
  6. Botswana (8.3K square meters)
  7. Democratic Republic of the Congo (6.4K square meters)
  8. Malawi (0.5K square meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the woolen fabric 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 13201230 - Woven fabrics of carded wool or carded fine animal hair
  • Prodcom 13201260 - Woven fabrics of combed wool or combed fine animal hair, w oven fabrics of coarse animal hair

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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