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

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

In 2022, the South African market for coconut, abaca, ramie and other vegetable textile fibres decreased by X% to $X, falling for the second consecutive year after five years of growth. In general, consumption, however, posted a moderate expansion. Consumption of peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

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

In value terms, production of coconut, abaca, ramie and other vegetable textile fibres declined to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production of growth failed to regain momentum.

The average yield of coconut, abaca, ramie and other vegetable textile fibres in South Africa totaled X kg per ha in 2022, therefore, remained relatively stable against 2021 figures. In general, the yield, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the yield increased by X% against the previous year. Over the period under review, the average yield of coconut, abaca, ramie and other vegetable textile fibres attained the maximum level at X kg per ha in 2012; however, from 2013 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of coconut, abaca, ramie and other vegetable textile fibres in South Africa declined to X ha, leveling off at the previous year. Overall, the harvested area, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the harvested area increased by X%. The harvested area of coconut, abaca, ramie and other vegetable textile fibres peaked at X ha in 2019; however, from 2020 to 2022, the harvested area failed to regain momentum.

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

Exports from South Africa

In 2022, overseas shipments of coconut, abaca, ramie and other vegetable textile fibres decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, the exports of hit record highs at X tons in 2021, and then reduced markedly in the following year.

In value terms, exports of coconut, abaca, ramie and other vegetable textile fibres fell sharply to $X in 2022. In general, exports, however, continue to indicate a resilient expansion. The growth pace was the most rapid in 2021 when exports increased by X%. As a result, the exports attained the peak of $X, and then plummeted in the following year.

Exports by Country

Mozambique (X tons), Zambia (X tons) and Namibia (X tons) were the main destinations of exports of coconut, abaca, ramie and other vegetable textile fibres from South Africa, together accounting for X% of total exports. Uganda, Botswana and Lesotho lagged somewhat behind, together accounting for a further X%.

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

In value terms, Zambia ($X), Namibia ($X) and Mozambique ($X) were the largest markets for coconut, abaca, ramie and other vegetable textile fibre exported from South Africa worldwide, with a combined X% share of total exports. Botswana, Lesotho and Uganda lagged somewhat behind, together comprising a further X%.

Lesotho, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for coconut, abaca, ramie and other vegetable textile fibres amounted to $X per ton, falling by X% against the previous year. Overall, the export price faced a deep reduction. The pace of growth appeared the most rapid in 2014 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Lesotho ($X per ton), while the average price for exports to Mozambique ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Zambia (X%), while the prices for the other major destinations experienced a decline.

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

Imports into South Africa

In 2022, overseas purchases of coconut, abaca, ramie and other vegetable textile fibres decreased by X% to X tons, falling for the second year in a row after six years of growth. In general, imports, however, saw resilient growth. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Imports peaked 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 dropped to $X in 2022. Overall, imports, however, continue to indicate a buoyant increase. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, imports of reached the peak figure at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, India (X tons) constituted the largest supplier of coconut, abaca, ramie and other vegetable textile fibre to South Africa, accounting for a X% share of total imports. Moreover, imports of coconut, abaca, ramie and other vegetable textile fibres from India exceeded the figures recorded by the second-largest supplier, Sri Lanka (X tons), threefold. The third position in this ranking was held by Mozambique (X tons), with an X% share.

From 2012 to 2022, the average annual growth rate of volume from India totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sri Lanka (X% per year) and Mozambique (X% per year).

In value terms, India ($X) constituted the largest supplier of coconut, abaca, ramie and other vegetable textile fibres to South Africa, comprising X% of total imports. The second position in the ranking was held by Sri Lanka ($X), with a X% share of total imports. It was followed by Brazil, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from India stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sri Lanka (X% per year) and Brazil (X% per year).

Import Prices by Country

The average import price for coconut, abaca, ramie and other vegetable textile fibres stood at $X per ton in 2022, increasing by X% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($X per ton), while the price for Mozambique ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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