SADC: Twine And Cordage Market 2024

Twine And Cordage Market Size in SADC

The SADC twine and cordage market fell modestly to $X in 2022, flattening at 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. The level of consumption peaked at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Twine And Cordage Production in SADC

In value terms, twine and cordage production shrank to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. The level of production peaked at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Twine And Cordage Exports

Exports in SADC

In 2022, exports of twine, cordage, rope and cables in SADC skyrocketed to X tons, jumping by X% compared with 2021. Over the period under review, exports continue to indicate a strong increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, twine and cordage exports soared to $X in 2022. Overall, exports continue to indicate a strong expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Tanzania represented the largest exporting country with an export of around X tons, which reached X% of total exports. Mozambique (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by South Africa (X%). Madagascar (X tons) took a little share of total exports.

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

In value terms, Tanzania ($X) emerged as the largest twine and cordage supplier in SADC, comprising X% of total exports. The second position in the ranking was held by South Africa ($X), with an X% share of total exports. It was followed by Madagascar, with a X% share.

In Tanzania, twine and cordage 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: South Africa (X% per year) and Madagascar (X% per year).

Export Prices by Country

The export price in SADC stood at $X per ton in 2022, falling by X% against the previous year. In general, the export price showed a pronounced reduction. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2017; however, from 2018 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 Madagascar ($X per ton), while Mozambique ($X per ton) was amongst the lowest.

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

Twine And Cordage Imports

Imports in SADC

In 2022, twine and cordage imports in SADC amounted to X tons, increasing by X% on 2021. The total import volume 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. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, twine and cordage imports declined sharply to $X in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of $X, and then fell dramatically in the following year.

Imports by Country

Mozambique (X tons), South Africa (X tons) and Tanzania (X tons) represented roughly X% of total imports in 2022. Angola (X tons) held the next position in the ranking, followed by Madagascar (X tons). All these countries together held near X% share of total imports. Democratic Republic of the Congo (X tons) and Namibia (X tons) held a little share of total imports.

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

In value terms, the largest twine and cordage importing markets in SADC were South Africa ($X), Mozambique ($X) and Tanzania ($X), with a combined X% share of total imports.

Mozambique, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries 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, waning by X% against the previous year. Over the period under review, the import price continues to indicate a perceptible slump. The most prominent rate of growth was recorded in 2021 when the import price increased by X%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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