SADC: Market for Coconut, Abaca, Ramie and other Vegetable Textile Fibres 2024

Market Size for Coconut, Abaca, Ramie and other Vegetable Textile Fibres in SADC

In 2022, the SADC market for coconut, abaca, ramie and other vegetable textile fibres increased by X% to $X, rising for the third year in a row after two years of decline. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market remained at a lower figure.

Production of Coconut, Abaca, Ramie and other Vegetable Textile Fibres in SADC

In value terms, production of coconut, abaca, ramie and other vegetable textile fibres amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2015 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2016 to 2022, production of growth remained at a lower figure.

The countries with the highest volumes of production in 2022 were Tanzania (X tons), Madagascar (X tons) and South Africa (X tons), with a combined X% share of total production. Mozambique lagged somewhat behind, comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of fibres, amongst the main producing countries, was attained by Mozambique (with a CAGR of X%), while fibres for the other leaders experienced more modest paces of growth.

In 2022, the average yield of coconut, abaca, ramie and other vegetable textile fibres in SADC was estimated at X kg per ha, remaining stable against the previous year. The yield figure increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of X%. As a result, the yield reached the peak level of X tons per ha. From 2014 to 2022, the growth of the yield of coconut, abaca, ramie and other vegetable textile fibres remained at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of coconut, abaca, ramie and other vegetable textile fibres production in SADC was estimated at X ha, stabilizing at the year before. Over the period under review, the harvested area, however, saw a slight reduction. The pace of growth was the most pronounced in 2016 when the harvested area increased by X%. As a result, the harvested area attained the peak level of X ha. From 2017 to 2022, the growth of the harvested area of coconut, abaca, ramie and other vegetable textile fibres remained at a lower figure.

Exports of Coconut, Abaca, Ramie and other Vegetable Textile Fibres

Exports in SADC

In 2022, shipments abroad of coconut, abaca, ramie and other vegetable textile fibres decreased by X% to X tons, falling for the third year in a row after two years of growth. In general, exports, however, posted prominent growth. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, the exports of hit record highs at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of coconut, abaca, ramie and other vegetable textile fibres contracted significantly to $X in 2022. Overall, exports, however, recorded strong growth. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, the exports of attained the peak figure at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Madagascar (X tons) and Tanzania (X tons) were the key exporters of coconut, abaca, ramie and other vegetable textile fibres in SADC, together finishing at approx. X% of total exports. It was distantly followed by Mozambique (X tons), generating a X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Mozambique (with a CAGR of X%), while the other leaders experienced mixed trends in the exports figures.

In value terms, Tanzania ($X), Madagascar ($X) and Mozambique ($X) were the countries with the highest levels of exports in 2022, together accounting for X% of total exports.

In terms of the main exporting countries, Mozambique, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in SADC amounted to $X per ton, waning by X% against the previous year. Over the period under review, the export price recorded a mild slump. The growth pace was the most rapid in 2015 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2016 to 2022, the export prices remained 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 Tanzania ($X per ton), while Mozambique ($X per ton) was amongst the lowest.

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

Imports of Coconut, Abaca, Ramie and other Vegetable Textile Fibres

Imports in SADC

In 2022, purchases abroad of coconut, abaca, ramie and other vegetable textile fibres decreased by X% to X tons, falling for the second year in a row after three years of growth. Overall, imports, however, posted pronounced growth. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, imports of hit record highs at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, imports of coconut, abaca, ramie and other vegetable textile fibres shrank markedly to $X in 2022. Over the period under review, imports, however, showed a notable increase. The pace of growth appeared the most rapid in 2019 when imports increased by X%. The level of import peaked at $X in 2021, and then contracted rapidly in the following year.

Imports by Country

South Africa prevails in fibres structure, resulting at X tons, which was near X% of total imports in 2022. It was distantly followed by Angola (X tons), constituting a X% share of total imports. The following importers - Zambia (X tons) and Tanzania (X tons) - each reached a X% share of total imports.

Imports into South Africa increased at an average annual rate of X% from 2012 to 2022. At the same time, Angola (X%) and Zambia (X%) displayed positive paces of growth. Moreover, Angola emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2022. By contrast, Tanzania (X%) illustrated a downward trend over the same period. While the share of South Africa (X p.p.), Angola (X p.p.) and Zambia (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Tanzania (X p.p.) displayed negative dynamics.

In value terms, South Africa ($X) constitutes the largest market for imported coconut, abaca, ramie and other vegetable textile fibres in SADC, comprising X% of total imports. The second position in the ranking was held by Zambia ($X), with a X% share of total imports. It was followed by Angola, with a X% share.

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

Import Prices by Country

In 2022, the import price in SADC amounted to $X per ton, falling by X% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton, and then contracted sharply in the following year.

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

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

Source: IndexBox Platform

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