South Africa: Net Fabric Market 2024

Net Fabric Market Size in South Africa

In 2022, the South African net fabric market decreased by X% to $X, falling for the third consecutive year after two years of growth. Overall, consumption, however, enjoyed mild growth. Net fabric consumption peaked at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Net Fabric Production in South Africa

In value terms, net fabric production dropped to $X in 2022 estimated in export price. Overall, production, however, posted significant growth. The growth pace was the most rapid in 2018 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Net Fabric Exports

Exports from South Africa

In 2022, exports of tulles and other net fabrics from South Africa dropped to X tons, which is down by X% against the previous year. Overall, exports, however, continue to indicate strong growth. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, net fabric exports declined to $X in 2022. In general, exports, however, showed a resilient increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Lesotho (X tons), Botswana (X tons) and Zimbabwe (X tons) were the main destinations of net fabric exports from South Africa, together accounting for X% of total exports.

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

In value terms, Botswana ($X), Lesotho ($X) and Swaziland ($X) appeared to be the largest markets for net fabric exported from South Africa worldwide, with a combined X% share of total exports. Zimbabwe and Namibia lagged somewhat behind, together accounting for a further X%.

Zimbabwe, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of 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 net fabric export price amounted to $X per ton, with an increase of X% against the previous year. Overall, the export price, however, showed a mild downturn. The pace of growth was the most pronounced in 2014 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Namibia ($X per ton), while the average price for exports to Zimbabwe ($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 Botswana (X%), while the prices for the other major destinations experienced mixed trend patterns.

Net Fabric Imports

Imports into South Africa

In 2022, approx. X tons of tulles and other net fabrics were imported into South Africa; with a decrease of X% on 2021 figures. Overall, imports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 when imports increased by X%. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, net fabric imports shrank to $X in 2022. Over the period under review, imports showed a deep setback. The pace of growth was the most pronounced in 2015 with an increase of X%. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of net fabric to South Africa, with a X% share of total imports. Moreover, net fabric imports from China exceeded the figures recorded by the second-largest supplier, Pakistan (X tons), sevenfold. Turkey (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Pakistan (X% per year) and Turkey (X% per year).

In value terms, China ($X) constituted the largest supplier of tulles and other net fabrics to South Africa, comprising X% of total imports. The second position in the ranking was held by France ($X), with a X% share of total imports. It was followed by Turkey, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Turkey (X% per year).

Import Prices by Country

The average net fabric import price stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X%. The import price peaked at $X per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat 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 France ($X per ton), while the price for Pakistan ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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