South Africa: Flax Fabric Market 2024

Flax Fabric Market Size in South Africa

After ten years of growth, the South African flax fabric market decreased by X% to $X in 2022. Over the period under review, consumption recorded a dramatic descent. As a result, consumption reached the peak level of $X, and then shrank rapidly in the following year.

Flax Fabric Production in South Africa

In value terms, flax fabric production surged to $X in 2022 estimated in export price. In general, production continues to indicate a abrupt decline. Flax fabric production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

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Flax Fabric Exports

Exports from South Africa

In 2022, exports of woven fabrics of flax from South Africa surged to X square meters, jumping by X% against the previous year's figure. Overall, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, flax fabric exports reduced markedly to $X in 2022. Over the period under review, exports, however, recorded a deep downturn. The most prominent rate of growth was recorded in 2015 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Malawi (X square meters), Lesotho (X square meters) and Swaziland (X square meters) were the main destinations of flax fabric exports from South Africa, with a combined X% share of total exports. Namibia, Zambia, Zimbabwe, Mozambique, the United States, Tanzania, Botswana and Mauritius lagged somewhat behind, together accounting for a further X%.

From 2020 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Mozambique (with a CAGR of X.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for flax fabric exported from South Africa were Tanzania ($X), Lesotho ($X) and Namibia ($X), together accounting for X% of total exports. Zimbabwe, Swaziland, Malawi, the United States, Mauritius, Mozambique, Zambia and Botswana lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Mozambique, with a CAGR of X%, saw the highest growth rate of the value of exports, 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 flax fabric export price amounted to $X per square meter, waning by X% against the previous year. In general, the export price continues to indicate a dramatic curtailment. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per square meter, and then contracted dramatically in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Mauritius ($X per square meter), while the average price for exports to Malawi ($X per square meter) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mauritius (X%), while the prices for the other major destinations experienced a decline.

Flax Fabric Imports

Imports into South Africa

For the eleventh consecutive year, South Africa recorded growth in purchases abroad of woven fabrics of flax, which increased by X% to X square meters in 2022. In general, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, flax fabric imports expanded modestly to $X in 2022. Overall, imports, however, continue to indicate a pronounced setback. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X square meters) constituted the largest flax fabric supplier to South Africa, with a X% share of total imports. Moreover, flax fabric imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X square meters), eightfold. The third position in this ranking was taken by India (X square meters), with a X% share.

From 2020 to 2022, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and India (X% per year).

In value terms, China ($X) constituted the largest supplier of woven fabrics of flax to South Africa, comprising X% of total imports. The second position in the ranking was taken by Turkey ($X), with a X% share of total imports. It was followed by the UK, with a X% share.

From 2020 to 2022, the average annual rate of growth in terms of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and the UK (X% per year).

Import Prices by Country

The average flax fabric import price stood at $X per square meter in 2022, shrinking by X% against the previous year. In general, the import price continues to indicate a abrupt decline. The pace of growth appeared the most rapid in 2021 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per square meter, and then dropped remarkably in the following year.

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 the UK ($X per square meter), while the price for China ($X per square meter) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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