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South Africa - Cotton Yarn - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Nov 1, 2024

South Africa - Cotton Yarn - Market Analysis, Forecast, Size, Trends And Insights

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May 13, 2023

Cotton Yarn Price in South Africa Reduces Markedly to $3,441 per Ton

South Africa Cotton Yarn Import Price in February 2023

In February 2023, the cotton yarn price amounted to $3,441 per ton (CIF, South Africa), shrinking by -5.5% against the previous month. In general, the import price saw a mild curtailment. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 13% against the previous month. Over the period under review, average import prices hit record highs at $4,763 per ton in August 2022; however, from September 2022 to February 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In February 2023, the country with the highest price was China ($4,012 per ton), while the price for Pakistan ($509 per ton) was amongst the lowest.

From February 2022 to February 2023, the most notable rate of growth in terms of prices was attained by Mozambique (+0.4%), while the prices for the other major suppliers experienced a decline.

COUNTRYImport Price of Cotton Yarn in South Africa (USD per ton)
Feb 2022Mar 2022Apr 2022May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023
China4,5392,9735,1942,9375,5273,8802,6582,5546,4263,4753,6263,0354,012
Mauritius4,2564,4145,2764,7504,8944,9754,9585,1124,7654,3933,6234,2463,672
Lesotho4,3664,5274,6254,3484,5534,3834,5524,0614,3064,3914,5994,6503,591
IndonesiaN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A3,3623,349
India4,4493,4174,7473,3065,3654,1364,1863,2744,0882,5544,3973,1443,152
Zimbabwe3,5823,5183,5413,7844,0644,336N/AN/A1,2541,241N/A1,3212,446
Pakistan633616N/A378287N/A555565742535693467509
Mozambique4,3584,4834,6474,7914,8524,9365,0564,9844,9885,304N/A4,543N/A
Average4,0224,1574,6844,1164,5924,7354,7634,6483,8493,4213,8643,6413,441

South Africa Cotton Yarn Import Prices by Type

Average prices varied noticeably amongst the major supplied products. In February 2023, the product with the highest price was cotton yarn (other than sewing thread), put up for retail sale ($3,665 per ton), while the price for cotton yarn (other than sewing thread), containing less than 85% by weight of cotton, not put up for retail sale ($2,942 per ton) was amongst the lowest.

From February 2022 to February 2023, the most notable rate of growth in terms of prices was attained by cotton yarn (other than sewing thread), containing less than 85% by weight of cotton, not put up for retail sale (+6.9%), while the prices for the other products experienced a decline.

South Africa Cotton Yarn Imports

In February 2023, the amount of cotton yarn imported into South Africa dropped to 694 tons, waning by -5.7% on January 2023. Over the period under review, imports showed a mild contraction. The growth pace was the most rapid in January 2023 when imports increased by 227% month-to-month.

In value terms, cotton yarn imports shrank to $2.4M (IndexBox estimates) in February 2023. Overall, imports recorded a noticeable decline. The pace of growth was the most pronounced in January 2023 when imports increased by 208% m-o-m.

South Africa Cotton Yarn Imports by Type

In February 2023, cotton yarn (other than sewing thread), containing 85% or more by weight of cotton, not put up for retail sale (452 tons) constituted the largest type of cotton yarn supplied to South Africa, with a 65% share of total imports. Moreover, cotton yarn (other than sewing thread), containing 85% or more by weight of cotton, not put up for retail sale exceeded the figures recorded for the second-largest type, cotton yarn (other than sewing thread), put up for retail sale (173 tons), threefold.

From February 2022 to February 2023, the average monthly rate of growth in terms of the volume of import of cotton yarn (other than sewing thread), containing 85% or more by weight of cotton, not put up for retail sale amounted to -2.2%. With regard to the other supplied products, the following average monthly rates of growth were recorded: cotton yarn (other than sewing thread), put up for retail sale (-0.2% per month) and cotton yarn (other than sewing thread), containing less than 85% by weight of cotton, not put up for retail sale (+5.3% per month).

In value terms, cotton yarn (other than sewing thread), containing 85% or more by weight of cotton, not put up for retail sale ($1.6M) constituted the largest type of cotton yarn supplied to South Africa, comprising 65% of total imports. The second position in the ranking was taken by cotton yarn (other than sewing thread), put up for retail sale ($634K), with a 27% share of total imports.

South Africa Cotton Yarn Imports by Country

Mauritius (242 tons), Lesotho (172 tons) and India (170 tons) were the main suppliers of cotton yarn imports to South Africa, with a combined 84% share of total imports. These countries were followed by Indonesia, Zimbabwe, Pakistan and China, which together accounted for a further 13%.

From February 2022 to February 2023, the biggest increases were in Indonesia (with a CAGR of +111.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest cotton yarn suppliers to South Africa were Mauritius ($889K), Lesotho ($619K) and India ($537K), with a combined 86% share of total imports. Indonesia, Zimbabwe, China and Pakistan lagged somewhat behind, together accounting for a further 10%.

In terms of the main suppliers, Indonesia, with a CAGR of +110.5%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the cotton yarn market 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 2030.

Product coverage:

  • Prodcom 13106160 - Cotton yarn, p.r.s. (excluding sewing thread)
  • Prodcom 131061Z1 - Cotton yarn of uncombed fibres, n.p.r.s.
  • Prodcom 131061Z2 - Cotton yarn of combed fibres, n.p.r.s.
  • Prodcom 13106132 - Yarn of uncombed cotton, n.p.r.s., for woven fabrics (excluding for carpets and floor coverings)
  • Prodcom 13106133 - Yarn of uncombed cotton, n.p.r.s., for knitted fabrics and hosiery
  • Prodcom 13106135 - Yarn of uncombed cotton, n.p.r.s., for other uses (including carpets and floor coverings)
  • Prodcom 13106152 - Yarn of combed cotton, n.p.r.s., for woven fabrics (excluding for carpets and floor coverings)
  • Prodcom 13106153 - Yarn of combed cotton, n.p.r.s., for knitted fabrics and hosiery
  • Prodcom 13106155 - Yarn of combed cotton, n.p.r.s., for other uses (including carpets and floor coverings)

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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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