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South Africa - Jute And Jute-Like Fibers - Market Analysis, Forecast, Size, Trends and Insights
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South Africa: Overview of the Market for Jute And Jute-Like Fibers 2021

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Market Size for Jute And Jute-Like Fibers in South Africa

The South African jute and jute-like fibers market was estimated at $X in 2019, increasing by X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 with an increase of X% year-to-year. Jute and jute-like fibers consumption peaked at $X in 2012; however, from 2013 to 2019, consumption stood at a somewhat lower figure.

Production of Jute And Jute-Like Fibers in South Africa

In value terms, jute and jute-like fibers production expanded to $X in 2019 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2019, production growth failed to regain the momentum.

The average yield of jute and jute-like fibers in South Africa expanded modestly to X kg per ha in 2019, with an increase of X% compared with the previous year. Overall, the yield, however, recorded a perceptible contraction. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the average jute and jute-like fibers yield hit record highs at X kg per ha in 2007; however, from 2008 to 2019, the yield stood 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 2019, the jute and jute-like fibers harvested area in South Africa rose slightly to X ha, surging by X% compared with 2018. The harvested area increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2012 with an increase of X% against the previous year. The jute and jute-like fibers harvested area peaked in 2019 and is likely to see gradual growth in the immediate term.

Exports of Jute And Jute-Like Fibers

Exports from South Africa

In 2019, overseas shipments of jute and jute-like fibers increased by X% to X tonnes for the first time since 2015, thus ending a three-year declining trend. Over the period under review, exports, however, showed a abrupt contraction. Over the period under review, exports attained the maximum at X tonnes in 2007; however, from 2008 to 2019, exports remained at a lower figure.

In value terms, jute and jute-like fibers exports skyrocketed to $X in 2019. In general, exports, however, recorded a relatively flat trend pattern. Exports peaked at $X in 2012; however, from 2013 to 2019, exports stood at a somewhat lower figure.

Exports by Country

Democratic Republic of the Congo (X tonnes) was the main destination for jute and jute-like fibers exports from South Africa, with a X% share of total exports. Moreover, jute and jute-like fibers exports to Democratic Republic of the Congo exceeded the volume sent to the second major destination, Namibia (X kg), fivefold. Botswana (X kg) ranked third in terms of total exports with a X% share.

From 2007 to 2019, the average annual growth rate of volume to Democratic Republic of the Congo stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Namibia (+X% per year) and Botswana (-X% per year).

In value terms, Democratic Republic of the Congo ($X) emerged as the key foreign market for jute and jute-like fibers exports from South Africa, comprising X% of total exports. The second position in the ranking was occupied by Botswana ($X), with a X% share of total exports. It was followed by Zambia, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value to Democratic Republic of the Congo totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Botswana (+X% per year) and Zambia (+X% per year).

Export Prices by Country

In 2019, the average jute and jute-like fibers export price amounted to $X per tonne, with a decrease of -X% against the previous year. Over the period under review, the export price, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2011 when the average export price increased by X% against the previous year. As a result, export price attained the peak level of $X per tonne. From 2012 to 2019, the growth in terms of the average export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Botswana ($X per tonne), while the average price for exports to Namibia ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Botswana, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Jute And Jute-Like Fibers

Imports into South Africa

In 2019, approx. X tonnes of jute and jute-like fibers were imported into South Africa; falling by -X% compared with 2018. In general, imports saw a mild reduction. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Imports peaked at X tonnes in 2012; however, from 2013 to 2019, imports remained at a lower figure.

In value terms, jute and jute-like fibers imports expanded to $X in 2019. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by X% year-to-year. Over the period under review, imports hit record highs in 2019 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2019, China (X tonnes) constituted the largest jute and jute-like fibers supplier to South Africa, with a X% share of total imports. Moreover, jute and jute-like fibers imports from China exceeded the figures recorded by the second-largest supplier, Bangladesh (X tonnes), ninefold.

From 2007 to 2019, the average annual growth rate of volume from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Bangladesh (-X% per year) and the U.S. (+X% per year).

In value terms, China ($X) constituted the largest supplier of jute and jute-like fibers to South Africa, comprising X% of total imports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of total imports.

From 2007 to 2019, the average annual growth rate of value from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the U.S. (+X% per year) and Bangladesh (-X% per year).

Import Prices by Country

The average jute and jute-like fibers import price stood at $X per tonne in 2019, rising by X% against the previous year. Over the period under review, import price indicated a notable increase from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, jute and jute-like fibers import price increased by +X% against 2016 indices. The growth pace was the most rapid in 2010 an increase of X% year-to-year. The import price peaked in 2019 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was the U.S. ($X per tonne), while the price for China ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the U.S., while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for jute and jute-like fibers in the world?
+
The countries with the highest volumes of jute and jute-like fibers consumption in 2019 were India (2.1M tonnes), Bangladesh (1.4M tonnes) and Pakistan (94K tonnes), with a combined 91% share of global consumption.
What are the largest producers of jute and jute-like fibers in the world?
+
The countries with the highest volumes of jute and jute-like fibers production in 2019 were India (2.1M tonnes) and Bangladesh (1.6M tonnes), with a combined 93% share of global production.
What are the leading suppliers of jute and jute-like fibers to South Africa?
+
In value terms, China ($84K) constituted the largest supplier of jute and jute-like fibers to South Africa, comprising 54% of total imports. The second position in the ranking was occupied by the U.S. ($35K), with a 23% share of total imports.
What are the leading importers of jute and jute-like fibers from South Africa?
+
In value terms, Democratic Republic of the Congo ($9.5K) emerged as the key foreign market for jute and jute-like fibers exports from South Africa, comprising 60% of total exports. The second position in the ranking was occupied by Botswana ($2.1K), with a 14% share of total exports. It was followed by Zambia, with a 9.9% share.
What is the average export price for jute and jute-like fibers in South Africa?
+
The average jute and jute-like fibers export price stood at $2,260 per tonne in 2019, reducing by -33.8% against the previous year.
What is the average import price for jute and jute-like fibers in South Africa?
+
In 2019, the average jute and jute-like fibers import price amounted to $2,223 per tonne, surging by 3.4% against the previous year.

Product coverage:
• FCL 780 - Jute
• FCL 782 - Jute-like fibres

This report provides an in-depth analysis of the market for jute and jute-like fibers in South Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• South Africa

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in South Africa
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2019
Figure 22:
Production, In Value Terms, 2007–2019
Figure 23:
Area Harvested, 2007–2019
Figure 24:
Yield, 2007–2019
Figure 25:
Imports, In Physical Terms, 2007–2019
Figure 26:
Imports, In Value Terms, 2007–2019
Figure 27:
Imports, In Physical Terms, By Country, 2019
Figure 28:
Imports, In Physical Terms, By Country, 2007–2019
Figure 29:
Imports, In Value Terms, By Country, 2007–2019
Figure 30:
Import Prices, By Country Of Origin, 2007–2019
Figure 31:
Exports, In Physical Terms, 2007–2019
Figure 32:
Exports, In Value Terms, 2007–2019
Figure 33:
Exports, In Physical Terms, By Country, 2019
Figure 34:
Exports, In Physical Terms, By Country, 2007–2019
Figure 35:
Exports, In Value Terms, By Country, 2007–2019
Figure 36:
Export Prices, By Country Of Destination, 2007–2019

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