Africa: Polyester Staple Market 2020

Polyester Staple Market Size in Africa

The revenue of the polyester staple market in Africa amounted to $X in 2017, increasing by X% against the previous year. The polyester staple consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015, with an increase of X% year-to-year. The level of polyester staple consumption peaked in 2017, and is expected to retain its growth in the near future.

Polyester Staple Production in Africa

In 2017, approx. X tons of polyester tow and staple were produced in Africa; remaining constant against the previous year. The polyester staple production continues to indicate a deep decline. The growth pace was the most rapid in 2011, with an increase of X% y-o-y. In that year, the polyester staple production attained their peak volume of X tons. From 2012 to 2017, growth of the polyester staple production stood at a somewhat lower level.

Polyester Staple Exports in Africa

The exports amounted to X tons in 2017, growing by X% against the previous year. The polyester staple exports continue to indicate a strong growth. The most prominent rate of growth was recorded in 2013, when it surged by X% against the previous year. Over the period under review, the polyester staple exports reached its maximum volume of X tons in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, polyester staple exports totaled $X in 2017. The total exports indicated a remarkable expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the polyester staple exports increased by +X% against 2015 indices. Over the period under review, the polyester staple exports attained its maximum level of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Polyester Staple Exports by Country in Africa

In 2017, South Africa (X tons) was the largest exporter for polyester tow and staple, creating X% of total exports. Nigeria (X tons) held a X% share (based on tons) of total exports, which put it in second place, followed by Egypt (X%) and Mali (X%).

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Mali (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Nigeria ($X), South Africa ($X) and Egypt ($X) were the countries with the highest levels of exports in 2017, with a combined X% share of total exports. Mali lagged somewhat behind, accounting for a further X%.

Among the main exporting countries , Mali (+X% per year) recorded the highest rates of growth with regard to exports, over the last decade, while the other leaders experienced more modest paces of growth.

Polyester Staple Export Prices by Country in Africa

The polyester staple export price in Africa stood at $X per ton in 2017, growing by X% against the previous year. The polyester staple export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015, when the export prices increased by X% y-o-y. The level of export price peaked of $X per ton in 2007; however, from 2008 to 2017, it failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Nigeria ($X per ton), while Mali ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Nigeria (+X% per year), while the other leaders experienced mixed trends in the export price figures.

Polyester Staple Imports in Africa

In 2017, polyester staple imports in Africa totaled X tons, picking up by X% against the previous year. The polyester staple imports continue to indicate a mild decrease. The most prominent rate of growth was recorded in 2017, when imports increased by X% year-to-year. The volume of imports peaked of X tons in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, polyester staple imports stood at $X in 2017. The polyester staple imports continue to indicate a slight decrease. Over the period under review, the polyester staple imports reached its peak figure level of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Polyester Staple Imports by Country in Africa

Egypt (X tons) and Morocco (X tons) were the main importers of polyester tow and staple in 2017, resulting at approx. X% and X% of total imports, respectively. South Africa (X tons) ranks second in terms of the global imports with a X% share, followed by Algeria (X%) and Nigeria (X%). Angola (X tons), Mauritius (X tons), Kenya (X tons), Tunisia (X tons), Tanzania (X tons) and Mozambique (X tons) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Mauritius (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest polyester staple markets worldwide were Egypt ($X), Morocco ($X) and Angola ($X), together comprising X% of total imports.

Angola (+X% per year) experienced the highest rates of growth with regard to imports, in terms of the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Polyester Staple Import Prices by Country in Africa

The polyester staple import price in Africa stood at $X per ton in 2017, reducing by -X% against the previous year. The polyester staple import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011, when it surged by X% year-to-year. Over the period under review, the import prices for polyester tow and staple reached its maximum level of $X per ton in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Angola ($X per ton), while Kenya ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Angola (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform