Africa: Noils Of Wool Market 2024

Noils Of Wool Market Size in Africa

The African noils of wool market reached $X in 2022, remaining constant against the previous year. Over the period under review, consumption continues to indicate resilient growth. Over the period under review, the market hit record highs at $X in 2020; afterwards, it flattened through to 2022.

Noils Of Wool Production in Africa

In value terms, noils of wool production reached $X in 2022 estimated in export price. Over the period under review, production saw strong growth. The pace of growth was the most pronounced in 2016 with an increase of X%. The level of production peaked at $X in 2020; afterwards, it flattened through to 2022.

Noils Of Wool Exports

Exports in Africa

Noils of wool exports declined to X tons in 2022, dropping by X% on the year before. Over the period under review, exports showed a deep contraction. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The volume of export peaked at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, noils of wool exports shrank sharply to $X in 2022. In general, exports recorded a drastic downturn. The most prominent rate of growth was recorded in 2013 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, South Africa (X tons) represented the major exporter of noils of wool or fine animal hair, achieving X% of total exports. It was distantly followed by Tunisia (X tons), Egypt (X tons) and Mauritius (X tons), together constituting a X% share of total exports.

Exports from South Africa decreased at an average annual rate of X% from 2012 to 2022. At the same time, Tunisia (X%) displayed positive paces of growth. Moreover, Tunisia emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. By contrast, Mauritius (X%) and Egypt (X%) illustrated a downward trend over the same period. Tunisia (X p.p.) and Mauritius (X p.p.) significantly strengthened its position in terms of the total exports, while Egypt and South Africa saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, South Africa ($X) remains the largest noils of wool supplier in Africa, comprising X% of total exports. The second position in the ranking was taken by Egypt ($X), with a X% share of total exports. It was followed by Mauritius, with a X% share.

In South Africa, noils of wool exports plunged by an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Egypt (X% per year) and Mauritius (X% per year).

Export Prices by Country

In 2022, the export price in Africa amounted to $X per ton, with a decrease of X% against the previous year. Over the period under review, the export price recorded a pronounced decrease. The most prominent rate of growth was recorded in 2013 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Egypt ($X per ton), while Tunisia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mauritius (X%), while the other leaders experienced mixed trends in the export price figures.

Noils Of Wool Imports

Imports in Africa

In 2022, approx. X tons of noils of wool or fine animal hair were imported in Africa; which is down by X% compared with 2021. In general, imports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2014 when imports increased by X%. The volume of import peaked at X tons in 2021, and then declined significantly in the following year.

In value terms, noils of wool imports skyrocketed to $X in 2022. Overall, imports, however, saw a strong increase. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

Egypt dominates imports structure, amounting to X tons, which was approx. X% of total imports in 2022. It was distantly followed by Mauritius (X tons) and South Africa (X tons), together achieving a X% share of total imports. Democratic Republic of the Congo (X tons) followed a long way behind the leaders.

Egypt was also the fastest-growing in terms of the noils of wool or fine animal hair imports, with a CAGR of X% from 2012 to 2022. At the same time, South Africa (X%) and Mauritius (X%) displayed positive paces of growth. By contrast, Democratic Republic of the Congo (X%) illustrated a downward trend over the same period. While the share of Egypt (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of South Africa (X p.p.), Democratic Republic of the Congo (X p.p.) and Mauritius (X p.p.) displayed negative dynamics.

In value terms, Egypt ($X) constitutes the largest market for imported noils of wool or fine animal hair in Africa, comprising X% of total imports. The second position in the ranking was held by Mauritius ($X), with a X% share of total imports. It was followed by South Africa, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Egypt stood at X%. In the other countries, the average annual rates were as follows: Mauritius (X% per year) and South Africa (X% per year).

Import Prices by Country

The import price in Africa stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. Over the period under review, import prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Mauritius ($X per ton), while Democratic Republic of the Congo ($X per ton) was amongst the lowest.

From 2012 to 2022, 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.

Source: IndexBox Platform

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