Africa: Net Fabric Market 2024

Net Fabric Market Size in Africa

The African net fabric market declined modestly to $X in 2022, falling by X% against the previous year. Over the period under review, consumption, however, saw a strong expansion. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Net Fabric Production in Africa

In value terms, net fabric production dropped to $X in 2022 estimated in export price. Overall, production, however, recorded a resilient increase. The growth pace was the most rapid in 2019 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

Net Fabric Exports

Exports in Africa

In 2022, approx. X tons of tulles and other net fabrics were exported in Africa; increasing by X% compared with 2021. Over the period under review, exports enjoyed mild growth. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, net fabric exports surged to $X in 2022. In general, exports showed a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

Exports by Country

In 2022, South Africa (X tons), distantly followed by Morocco (X tons), Egypt (X tons), Tunisia (X tons), Nigeria (X tons) and Kenya (X tons) represented the major exporters of tulles and other net fabrics, together committing X% of total exports. Rwanda (X tons) held a minor share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Kenya (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Morocco ($X) emerged as the largest net fabric supplier in Africa, comprising X% of total exports. The second position in the ranking was held by Tunisia ($X), with a X% share of total exports. It was followed by Egypt, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Morocco totaled X%. In the other countries, the average annual rates were as follows: Tunisia (X% per year) and Egypt (X% per year).

Export Prices by Country

The export price in Africa stood at $X per ton in 2022, surging by X% against the previous year. Overall, the export price saw a resilient expansion. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. The level of export peaked in 2022 and is likely to continue growth in years to come.

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

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

Net Fabric Imports

Imports in Africa

In 2022, approx. X tons of tulles and other net fabrics were imported in Africa; falling by X% on the year before. Total imports indicated moderate growth from 2012 to 2022: its volume 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, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 when imports increased by X%. The volume of import peaked at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, net fabric imports reached $X in 2022. Total imports indicated a mild 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, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

The purchases of the seven major importers of tulles and other net fabrics, namely Tunisia, Egypt, Morocco, South Africa, Ghana, Algeria and Tanzania, represented more than two-thirds of total import. Ethiopia (X tons), Libya (X tons), Angola (X tons) and Djibouti (X tons) held a little share of total imports.

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

In value terms, Tunisia ($X), Morocco ($X) and Egypt ($X) constituted the countries with the highest levels of imports in 2022, together comprising X% of total imports. South Africa, Algeria, Ghana, Libya, Djibouti, Ethiopia, Angola and Tanzania lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Ghana, with a CAGR of X%, saw the highest rates of growth with regard to 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 import price in Africa stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, the import price, however, showed a perceptible downturn. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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