South Africa: Market for Nets of Twine, Cordage, Rope or Textile Materials 2024

Market Size for Nets of Twine, Cordage, Rope or Textile Materials in South Africa

The South African market for nets of twine, cordage, rope or textile materials shrank to $X in 2022, which is down by X% against the previous year. In general, the total consumption indicated perceptible growth 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, consumption increased by X% against 2020 indices. Twine, cordage or textile net consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Production of Nets of Twine, Cordage, Rope or Textile Materials in South Africa

In value terms, twine, cordage or textile net production shrank to $X in 2022 estimated in export price. Overall, the total production indicated a moderate expansion 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, production increased by X% against 2020 indices. The pace of growth was the most pronounced in 2017 with an increase of X%. Twine, cordage or textile net production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Exports of Nets of Twine, Cordage, Rope or Textile Materials

Exports from South Africa

In 2022, the amount of nets of twine, cordage, rope or textile materials exported from South Africa declined significantly to X tons, with a decrease of X% on 2021. Over the period under review, exports recorded a abrupt slump. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, twine, cordage or textile net exports fell to $X in 2022. Overall, exports continue to indicate a noticeable decline. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Namibia (X tons), Botswana (X tons) and Swaziland (X tons) were the main destinations of twine, cordage or textile net exports from South Africa, with a combined X% share of total exports. Lesotho, Mozambique, Zimbabwe, Zambia and Angola lagged somewhat behind, together comprising a further X%.

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

In value terms, Namibia ($X) remains the key foreign market for nets of twine, cordage, rope or textile materials exports from South Africa, comprising X% of total exports. The second position in the ranking was taken by Botswana ($X), with a X% share of total exports. It was followed by Swaziland, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Namibia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Botswana (X% per year) and Swaziland (X% per year).

Export Prices by Country

The average export price for nets of twine, cordage, rope or textile materials stood at $X per ton in 2022, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2013 when the average export price increased by X%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Angola ($X per ton), while the average price for exports to Botswana ($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 more modest paces of growth.

Imports of Nets of Twine, Cordage, Rope or Textile Materials

Imports into South Africa

After five years of growth, overseas purchases of nets of twine, cordage, rope or textile materials decreased by X% to X tons in 2022. Over the period under review, imports, however, saw a remarkable increase. The pace of growth appeared the most rapid in 2017 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2021, and then fell in the following year.

In value terms, twine, cordage or textile net imports shrank to $X in 2022. In general, total imports indicated a notable expansion 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 2018 indices. The growth pace was the most rapid in 2018 when imports increased by X%. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

China (X tons), Hungary (X tons) and Italy (X tons) were the main suppliers of twine, cordage or textile net imports to South Africa, with a combined X% share of total imports.

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

In value terms, the largest twine, cordage or textile net suppliers to South Africa were China ($X), Hungary ($X) and Italy ($X), together comprising X% of total imports.

Hungary, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for nets of twine, cordage, rope or textile materials stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, the import price, however, saw a pronounced decline. The pace of growth was the most pronounced in 2018 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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