Africa: Market for Nets of Twine, Cordage, Rope or Textile Materials 2022

Market Size for Nets of Twine, Cordage, Rope or Textile Materials in Africa

The African market for nets of twine, cordage, rope or textile materials fell notably to $X in 2021, waning by -X% against the previous year. Over the period under review, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Production of Nets of Twine, Cordage, Rope or Textile Materials in Africa

In value terms, twine, cordage or textile net production shrank to $X in 2021 estimated in export price. The total production indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2020 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X, and then fell in the following year.

Exports of Nets of Twine, Cordage, Rope or Textile Materials

Exports in Africa

In 2021, overseas shipments of nets of twine, cordage, rope or textile materials decreased by -X% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, exports showed a pronounced downturn. The pace of growth was the most pronounced in 2019 when exports increased by X%. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, twine, cordage or textile net exports surged to $X in 2021. In general, exports saw a mild descent. The level of export peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

The shipments of the four major exporters of nets of twine, cordage, rope or textile materials, namely Morocco, Tunisia, Togo and Kenya, represented more than two-thirds of total export. It was distantly followed by Uganda (X tons), mixing up a X% share of total exports. Mauritania (X tons) and South Africa (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were in Mauritania (with a CAGR of +X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Morocco ($X), Tunisia ($X) and Togo ($X) appeared to be the countries with the highest levels of exports in 2021, with a combined X% share of total exports. Kenya, South Africa, Uganda and Mauritania lagged somewhat behind, together accounting for a further X, with a CAGR of +X%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The le materials in Africa stood at $X per ton in 2021, rising by X% against the previous year. Over the last nine years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2013 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Morocco ($X per ton), while Mauritania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Africa (+X%), while the other leaders experienced more modest paces of growth.

Imports of Nets of Twine, Cordage, Rope or Textile Materials

Imports in Africa

In 2021, approx. X tons of nets of twine, cordage, rope or textile materials were imported in Africa; waning by -X% compared with 2020. Overall, imports saw a slight contraction. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, twine, cordage or textile net imports contracted significantly to $X in 2021. Over the period under review, imports recorded a perceptible decrease. The growth pace was the most rapid in 2014 with an increase of X%. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Morocco (X tons) and Ghana (X tons) were the key importers of nets of twine, cordage, rope or textile materials in Africa, together constituting X% of total imports. It was distantly followed by Gambia (X tons) and Mauritania (X tons), together constituting a X% share of total imports. Senegal (X tons), Democratic Republic of the Congo (X tons), Tanzania (X tons), Mozambique (X tons), Guinea (X tons), Angola (X tons), Algeria (X tons), Cote d'Ivoire (X tons) and Zambia (X tons) held a relatively small share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Gambia (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest twine, cordage or textile net importing markets in Africa were Morocco ($X), Ghana ($X) and Cote d'Ivoire ($X), with a combined X% share of total imports.

Among the main importing countries, Cote d'Ivoire, with a CAGR of +X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The le materials in Africa stood at $X per ton in 2021, shrinking by -X% against the previous year. Over the period under review, the import price recorded a noticeable decline. The most prominent rate of growth was recorded in 2016 an increase of X%. The level of import peaked at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Cote d'Ivoire ($X per ton), while Zambia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire (+X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform