Africa: Man-Made Filament Fabric Market 2024

Man-Made Filament Fabric Market Size in Africa

The African man-made filament fabric market surged to $X in 2022, increasing by X% against the previous year. The total consumption indicated a noticeable expansion 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, consumption increased by X% against 2014 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Man-Made Filament Fabric Production in Africa

In value terms, man-made filament fabric production surged to $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of X%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

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Man-Made Filament Fabric Exports

Exports in Africa

In 2022, overseas shipments of woven fabrics of man-made filaments and staple fibers increased by X% to X square meters, rising for the second year in a row after two years of decline. Total exports indicated a temperate increase 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, exports increased by X% against 2020 indices. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, man-made filament fabric exports rose notably to $X in 2022. Total exports indicated a strong expansion 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, exports increased by X% against 2014 indices. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Egypt represented the major exporting country with an export of about X square meters, which recorded X% of total exports. Gambia (X square meters) held the second position in the ranking, followed by South Africa (X square meters) and Tunisia (X square meters). All these countries together held approx. X% share of total exports. Morocco (X square meters) and Ethiopia (X square meters) followed a long way behind the leaders.

Egypt was also the fastest-growing in terms of the woven fabrics of man-made filaments and staple fibers exports, with a CAGR of X% from 2012 to 2022. At the same time, Ethiopia (X%) and Morocco (X%) displayed positive paces of growth. South Africa and Tunisia experienced a relatively flat trend pattern. By contrast, Gambia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Egypt and Morocco increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Egypt ($X) remains the largest man-made filament fabric supplier in Africa, comprising X% of total exports. The second position in the ranking was held by Gambia ($X), with a X% share of total exports. It was followed by South Africa, with an X% share.

In Egypt, man-made filament fabric exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Gambia (X% per year) and South Africa (X% per year).

Export Prices by Country

The export price in Africa stood at $X per square meter in 2022, shrinking by X% against the previous year. Export price indicated a slight 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, man-made filament fabric export price decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2019 an increase of X% against the previous year. The level of export peaked at $X per square meter in 2020; however, from 2021 to 2022, the export prices stood at a somewhat 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 Morocco ($X per square meter), while South Africa ($X per square meter) was amongst the lowest.

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

Man-Made Filament Fabric Imports

Imports in Africa

Man-made filament fabric imports rose sharply to X square meters in 2022, increasing by X% on the previous year. Total imports indicated a buoyant expansion 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 2019 indices. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, man-made filament fabric imports expanded modestly to $X in 2022. Total imports indicated a buoyant 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 growth pace was the most rapid in 2021 with an increase of X%. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

In 2022, Morocco (X square meters) and Egypt (X square meters) were the main importers of woven fabrics of man-made filaments and staple fibers in Africa, together constituting X% of total imports. Nigeria (X square meters) held the next position in the ranking, followed by South Africa (X square meters), Algeria (X square meters) and Kenya (X square meters). All these countries together held near X% share of total imports. Somalia (X square meters), Tanzania (X square meters), Ghana (X square meters), Tunisia (X square meters), Senegal (X square meters), Togo (X square meters) and Sudan (X square meters) held a little share of total imports.

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

In value terms, Morocco ($X) constitutes the largest market for imported woven fabrics of man-made filaments and staple fibers in Africa, comprising X% of total imports. The second position in the ranking was taken by Egypt ($X), with an X% share of total imports. It was followed by Tunisia, with a X% share.

In Morocco, man-made filament fabric 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 Tunisia (X% per year).

Import Prices by Country

In 2022, the import price in Africa amounted to $X per square meter, waning by X% against the previous year. Overall, the import price saw a mild descent. The pace of growth appeared the most rapid in 2021 an increase of X%. The level of import peaked at $X per square meter in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Morocco ($X per square meter), while Nigeria ($X per square meter) was amongst the lowest.

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

Source: IndexBox Platform

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