SADC: Market for Cotton (Carded Or Combed) 2024

Market Size for Cotton (Carded Or Combed) in SADC

After two years of growth, the SADC cotton (carded or combed) market decreased by X% to $X in 2022. Over the period under review, consumption, however, continues to indicate prominent growth. The level of consumption peaked at $X in 2021, and then contracted in the following year.

Production of Cotton (Carded Or Combed) in SADC

In value terms, cotton (carded or combed) production totaled $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 growth pace was the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Cotton (Carded Or Combed)

Exports in SADC

Cotton (carded or combed) exports surged to X tons in 2022, picking up by X% against 2021 figures. Over the period under review, exports, however, recorded a abrupt decrease. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, cotton (carded or combed) exports soared to $X in 2022. Overall, exports, however, continue to indicate a pronounced reduction. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Tanzania represented the largest exporter of cotton (carded or combed) in SADC, with the volume of exports resulting at X tons, which was approx. X% of total exports in 2022. It was distantly followed by Mozambique (X tons), committing a X% share of total exports. The following exporters - Malawi (X tons), South Africa (X tons) and Lesotho (X tons) - together made up X% of total exports.

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

In value terms, Tanzania ($X) remains the largest cotton (carded or combed) supplier in SADC, comprising X% of total exports. The second position in the ranking was held by Mozambique ($X), with a X% share of total exports. It was followed by South Africa, with a X% share.

In Tanzania, cotton (carded or combed) exports 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: Mozambique (X% per year) and South Africa (X% per year).

Export Prices by Country

The export price in SADC stood at $X per ton in 2022, increasing by X% against the previous year. Export price indicated a moderate increase 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, cotton (carded or combed) export price increased by X% against 2019 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 Lesotho ($X per ton), while Malawi ($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 more modest paces of growth.

Imports of Cotton (Carded Or Combed)

Imports in SADC

In 2022, the amount of cotton (carded or combed) imported in SADC surged to X tons, jumping by X% against 2021. Over the period under review, imports saw a noticeable expansion. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, cotton (carded or combed) imports soared to $X in 2022. Total imports indicated a notable 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 decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

Botswana (X tons) and Angola (X tons) dominates imports structure, together comprising X% of total imports. It was distantly followed by South Africa (X tons), generating a X% share of total imports. Tanzania (X tons) and Swaziland (X tons) followed a long way behind the leaders.

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

In value terms, the largest cotton (carded or combed) importing markets in SADC were Botswana ($X), Angola ($X) and Swaziland ($X), with a combined X% share of total imports.

In terms of the main importing countries, Angola, with a CAGR of X%, recorded 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 SADC stood at $X per ton in 2022, picking up by X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. Over the period under review, import prices reached the maximum in 2022 and is likely to see steady growth in the near future.

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

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

Source: IndexBox Platform

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