Africa: Sisal Binder Market 2024

Sisal Binder Market Size in Africa

The African sisal binder market stood at $X in 2022, increasing by X% against the previous year. In general, consumption enjoyed a strong increase. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Sisal Binder Production in Africa

In value terms, sisal binder production stood at $X in 2022 estimated in export price. The total production indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Sisal Binder Exports

Exports in Africa

Sisal binder exports surged to X tons in 2022, with an increase of X% against the previous year. Overall, exports, however, continue to indicate a deep downturn. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, sisal binder exports totaled $X in 2022. Over the period under review, exports, however, saw a deep downturn. The pace of growth appeared the most rapid in 2020 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Tanzania represented the largest exporter of sisal binder or baler (agricultural) twines in Africa, with the volume of exports accounting for X tons, which was near X% of total exports in 2022. Egypt (X tons) took the second position in the ranking, followed by Madagascar (X tons) and South Africa (X tons). All these countries together took approx. X% share of total exports. Kenya (X tons) held a minor share of total exports.

From 2012 to 2022, the biggest increases were recorded for Egypt (with a CAGR of X%), while shipments for the other leaders experienced a decline in the exports figures.

In value terms, the largest sisal binder supplying countries in Africa were Tanzania ($X), Egypt ($X) and Madagascar ($X), together accounting for X% of total exports.

Egypt, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The export price in Africa stood at $X per ton in 2022, which is down by X% against the previous year. Export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2021, and then dropped in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was South Africa ($X per ton), while Tanzania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kenya (X%), while the other leaders experienced more modest paces of growth.

Sisal Binder Imports

Imports in Africa

In 2022, the amount of sisal binder or baler (agricultural) twines imported in Africa surged to X tons, rising by X% on the previous year. In general, imports, however, saw a abrupt contraction. The pace of growth appeared the most rapid in 2018 with an increase of X%. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, sisal binder imports surged to $X in 2022. Over the period under review, imports, however, showed a slight contraction. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Sudan (X tons), distantly followed by Nigeria (X tons), Egypt (X tons) and Uganda (X tons) represented the main importers of sisal binder or baler (agricultural) twines, together making up X% of total imports. Libya (X tons), South Africa (X tons), Burkina Faso (X tons) and Botswana (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Nigeria (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Sudan ($X) constitutes the largest market for imported sisal binder or baler (agricultural) twines in Africa, comprising X% of total imports. The second position in the ranking was taken by Egypt ($X), with an X% share of total imports. It was followed by Nigeria, with a X% share.

In Sudan, sisal binder imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Egypt (X% per year) and Nigeria (X% per year).

Import Prices by Country

In 2022, the import price in Africa amounted to $X per ton, almost unchanged from the previous year. Import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sisal binder import price increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2021 an increase of X%. The level of import peaked at $X per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Botswana ($X per ton), while Burkina Faso ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sudan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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