South Africa - Yarn Of Wool - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWoolen Yarn Price in South Africa - 2023
Contents:
- Woolen Yarn Price in South Africa (FOB) - 2022
- Woolen Yarn Price in South Africa (CIF) - 2022
- Woolen Yarn Exports in South Africa
- Woolen Yarn Imports in South Africa
Woolen Yarn Price in South Africa (FOB) - 2022
In 2022, the average woolen yarn export price amounted to $34,678 per ton, remaining relatively unchanged against the previous year. Over the period under review, export price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, woolen yarn export price increased by +28.0% against 2020 indices. The growth pace was the most rapid in 2021 when the average export price increased by 29%. As a result, the export price attained the peak level of $34,995 per ton, leveling off in the following year.
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 Norway ($57,479 per ton), while the average price for exports to Mozambique ($1,718 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 the UK (+15.1%), while the prices for the other major destinations experienced more modest paces of growth.
Woolen Yarn Price in South Africa (CIF) - 2022
In 2022, the average woolen yarn import price amounted to $7,214 per ton, surging by 40% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 61% against the previous year. As a result, import price attained the peak level of $12,406 per ton. From 2017 to 2022, the average import prices failed to regain momentum.
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 the Czech Republic ($63,998 per ton), while the price for China ($3,608 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+48.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Woolen Yarn Exports in South Africa
In 2022, woolen yarn exports from South Africa skyrocketed to 537 tons, with an increase of 22% against 2021 figures. The total export volume increased at an average annual rate of +4.9% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years.
In value terms, woolen yarn exports skyrocketed to $19M in 2022. The total export value increased at an average annual rate of +5.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Woolen Yarn in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 9.0 | 5.6 | 7.0 | 9.3 | 1.1% |
| United States | 2.7 | 2.7 | 2.0 | 2.7 | 0.0% |
| United Kingdom | 0.5 | 0.3 | 2.4 | 2.7 | 75.4% |
| Norway | 0.9 | 1.6 | 1.8 | 0.9 | 0.0% |
| Syrian Arab Republic | N/A | N/A | N/A | 0.6 | 0% |
| Saudi Arabia | 0.5 | 0.1 | 0.1 | 0.5 | 0.0% |
| Zimbabwe | N/A | N/A | N/A | 0.1 | 0% |
| Namibia | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Botswana | 0.1 | 0.1 | N/A | 0.1 | 0.0% |
| Others | 2.2 | 4.0 | 2.0 | 1.8 | -6.5% |
| Total | 15.9 | 14.6 | 15.4 | 18.6 | 5.4% |
Top Export Markets for Woolen Yarn from South Africa in 2022:
- Germany (284.9 tons)
- United States (60.6 tons)
- United Kingdom (60.2 tons)
- Zimbabwe (17.8 tons)
- Norway (14.9 tons)
- Botswana (14.8 tons)
- Syrian Arab Republic (14.3 tons)
- Saudi Arabia (10.5 tons)
- Namibia (8.8 tons)
Woolen Yarn Imports in South Africa
In 2022, imports of yarn of wool into South Africa shrank markedly to 318 tons, waning by -45.8% against the previous year's figure. In general, imports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 82% against the previous year.
In value terms, woolen yarn imports declined significantly to $2.3M in 2022. Over the period under review, imports saw a abrupt decline. The growth pace was the most rapid in 2021 when imports increased by 90%.
| Import of Woolen Yarn in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 2,683 | 899 | 1,543 | 1,107 | -25.6% |
| Czech Republic | N/A | N/A | N/A | 666 | 0% |
| China | 130 | 329 | 788 | 204 | 16.2% |
| Austria | 14.3 | 27.9 | 446 | 134 | 110.8% |
| India | 11.6 | 19.3 | 1.3 | 36.0 | 45.9% |
| Others | 234 | 318 | 247 | 148 | -14.2% |
| Total | 3,073 | 1,593 | 3,026 | 2,294 | -9.3% |
Top Suppliers of Woolen Yarn to South Africa in 2022:
- Turkey (230.8 tons)
- China (56.5 tons)
- Czech Republic (10.4 tons)
- India (5.8 tons)
- Austria (5.8 tons)
This report provides an in-depth analysis of the woolen yarn 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 13105010 - Yarn of carded wool or fine animal hair, n.p.r.s.
- Prodcom 13105030 - Yarn of combed wool or fine animal hair, n.p.r.s.
- Prodcom 13105050 - Yarn of wool or fine animal hair, p.r.s.
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
- 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 VOLUME AND VALUE
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
- 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
- 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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This report provides an in-depth analysis of the woolen yarn market in South Africa.
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This report provides an in-depth analysis of the global woolen yarn market.
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This report provides an in-depth analysis of the woolen yarn market in South Africa.
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This report provides an in-depth analysis of the global woolen yarn market.
127
From March 2023 to December 2023, the growth of the exports for Woolen Yarn failed to regain momentum. In value terms, Woolen Yarn exports amounted to $1.6M in December 2023.
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In value terms, articles of yarn and strip exports totaled $X in 2016. In general, articles of yarn and strip exports continue to indicate a strong increase. In that year, global articles of yarn a...
127
From March 2023 to December 2023, the growth of the exports for Woolen Yarn failed to regain momentum. In value terms, Woolen Yarn exports amounted to $1.6M in December 2023.
