Yarn; of Coir Price in South Africa - 2023

Contents:

1. Yarn; of Coir Price in South Africa (FOB) - 2022
2. Yarn; of Coir Price in South Africa (CIF) - 2022
3. Yarn; of Coir Exports in South Africa
4. Yarn; of Coir Imports in South Africa

Yarn; of Coir Price in South Africa (FOB) - 2022

In 2022, the average yarn; of coir export price amounted to $1,634 per ton, rising by 3.2% against the previous year. In general, the export price, however, saw a abrupt slump. The pace of growth appeared the most rapid in 2016 when the average export price increased by 202% against the previous year. Over the period under review, the average export prices attained the peak figure at $6,872 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat 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 Democratic Republic of the Congo ($6,215 per ton), while the average price for exports to Zambia ($467 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 Namibia (+2.2%), while the prices for the other major destinations experienced a decline.

Yarn; of Coir Price in South Africa (CIF) - 2022

The average yarn; of coir import price stood at $29,800 per ton in 2022, with an increase of 739% against the previous year. Overall, the import price showed a mild expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Swaziland.

From 2012 to 2022, the rate of growth in terms of prices for Sri Lanka amounted to -3.7% per year.

Yarn; of Coir Exports in South Africa

In 2022, approx. 3.4 tons of yarn; of coirs were exported from South Africa; picking up by 9,389% on the previous year's figure. In general, exports showed a moderate increase.

In value terms, yarn; of coir exports soared to $5.6K in 2022. Overall, exports recorded a prominent increase.

Top Export Markets for Yarn; of Coir from South Africa in 2022:

1. Namibia (3000.0 kg)
2. Democratic Republic of the Congo (237.0 kg)
3. Zambia (150.0 kg)
4. Cyprus (29.0 kg)

Yarn; of Coir Imports in South Africa

Yarn; of coir imports into South Africa reduced markedly to 15 kg in 2022, which is down by -96.5% on 2021. Over the period under review, imports recorded a sharp setback. The smallest decline of -49.1% was in 2021.

In value terms, yarn; of coir imports shrank dramatically to $447 in 2022. Overall, imports showed a sharp curtailment. The smallest decline of -45.6% was in 2020.

Top Suppliers of Yarn; of Coir to South Africa in 2022:

1. Swaziland (15.0 kg)

Source: IndexBox Market Intelligence Platform