SADC: Man-Made Filament Yarn Market 2024

Man-Made Filament Yarn Market Size in SADC

The SADC man-made filament yarn market contracted slightly to $X in 2022, which is down by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the peak level at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Man-Made Filament Yarn Production in SADC

In value terms, man-made filament yarn production dropped to $X in 2022 estimated in export price. In general, production showed a perceptible setback. The most prominent rate of growth was recorded in 2021 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Man-Made Filament Yarn Exports

Exports in SADC

In 2022, overseas shipments of man-made filament yarn increased by X% to X tons, rising for the second consecutive year after four years of decline. Overall, exports, however, showed a deep contraction. Over the period under review, the exports reached the maximum at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, man-made filament yarn exports soared to $X in 2022. Over the period under review, exports, however, recorded a abrupt descent. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

South Africa (X tons) and Swaziland (X tons) prevails in exports structure, together mixing up X% of total exports. Madagascar (X tons) and Mauritius (X tons) followed a long way behind the leaders.

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

In value terms, South Africa ($X), Swaziland ($X) and Madagascar ($X) were the countries with the highest levels of exports in 2022, with a combined X% share of total exports. Mauritius lagged somewhat behind, comprising a further X%.

Among the main exporting countries, Mauritius, with a CAGR of X%, recorded 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, rising by X% against the previous year. Overall, the export price, however, continues to indicate a slight reduction. The most prominent rate of growth was recorded in 2017 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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

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

Man-Made Filament Yarn Imports

Imports in SADC

Man-made filament yarn imports stood at X tons in 2022, remaining relatively unchanged against the previous year's figure. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by X%. The volume of import peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, man-made filament yarn imports fell slightly to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

South Africa was the major importing country with an import of around X tons, which recorded X% of total imports. Angola (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Democratic Republic of the Congo (X%) and Tanzania (X%). Mauritius (X tons) and Swaziland (X tons) took a minor 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%), Democratic Republic of the Congo (X%) and Swaziland (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, Mauritius (X%) and Tanzania (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Angola, South Africa and Democratic Republic of the Congo increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported man-made filament yarn in SADC, comprising X% of total imports. The second position in the ranking was held by Angola ($X), with a X% share of total imports. It was followed by Democratic Republic of the Congo, with an X% share.

From 2012 to 2022, the average annual growth rate of value in South Africa stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Angola (X% per year) and Democratic Republic of the Congo (X% per year).

Import Prices by Country

In 2022, the import price in SADC amounted to $X per ton, approximately reflecting the previous year. Over the period under review, the import price recorded a noticeable downturn. The pace of growth was the most pronounced in 2016 an increase of X%. 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.

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 Mauritius ($X per ton), while Tanzania ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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