South Africa - Textile Products And Articles For Technical Uses - Market Analysis, Forecast, Size, Trends and Insights
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View PricingDecline in South Africa's Technical Textiles Imports by July 2023 Plummets to $4.3M
South Africa Technical Textiles Imports
In July 2023, supplies from abroad of textile products and articles for technical uses decreased by -48.8% to 602 tons for the first time since April 2023, thus ending a two-month rising trend. In general, imports, however, saw slight growth. The pace of growth appeared the most rapid in March 2023 when imports increased by 192% month-to-month.
In value terms, technical textiles imports fell rapidly to $4.3M (IndexBox estimates) in July 2023. Over the period under review, imports showed a slight shrinkage. The most prominent rate of growth was recorded in March 2023 when imports increased by 37% month-to-month.
COUNTRY | Import Value of Technical Textiles in South Africa (thousand USD) | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | Jul 2023 | |
China | 1,453 | 2,074 | 2,126 | 1,210 | 2,348 | 2,614 | 2,460 | 1,222 | 1,341 | 1,243 | 1,490 | 2,926 | 1,282 |
Germany | 1,072 | 823 | 870 | 478 | 576 | 789 | 1,337 | 421 | 1,181 | 1,516 | 662 | 576 | 650 |
India | 144 | 140 | 300 | 262 | 320 | 101 | 311 | 152 | 413 | 361 | 304 | 237 | 220 |
Others | 2,217 | 1,896 | 1,544 | 2,441 | 2,226 | 2,218 | 1,819 | 2,092 | 2,380 | 2,751 | 3,450 | 2,310 | 2,120 |
Total | 4,886 | 4,932 | 4,841 | 4,391 | 5,470 | 5,721 | 5,927 | 3,887 | 5,315 | 5,872 | 5,906 | 6,049 | 4,273 |
Imports by Country
India (278 tons), China (243 tons) and Germany (33 tons) were the main suppliers of technical textiles imports to South Africa, together accounting for 92% of total imports.
From July 2022 to July 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +28.0%), while imports for the other leaders experienced a decline.
In value terms, China ($1.3M), Germany ($650K) and India ($220K) constituted the largest technical textiles suppliers to South Africa, together comprising 50% of total imports.
India, with a CAGR of +3.6%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.
Imports by Type
In July 2023, textile products and articles for technical uses; specified in note 7 to this chapter (455 tons) constituted the largest type of technical textiles supplied to South Africa, with a 76% share of total imports. Moreover, textile products and articles for technical uses; specified in note 7 to this chapter exceeded the figures recorded for the second-largest type, textiles; transmission or conveyor belts or belting, of textile material, whether or not reinforced with metal or other material (142 tons), threefold. The third position in this ranking was taken by textile hosepiping and similar textile tubing (3.3 tons), with a 0.5% share.
From July 2022 to July 2023, the average monthly growth rate of the volume of import of textile products and articles for technical uses; specified in note 7 to this chapter amounted to +4.9%. With regard to the other supplied products, the following average monthly rates of growth were recorded: textiles; transmission or conveyor belts or belting, of textile material, whether or not reinforced with metal or other material (-4.4% per month) and textile hosepiping and similar textile tubing (+2.2% per month).
In value terms, textile products and articles for technical uses; specified in note 7 to this chapter ($3.5M) constituted the largest type of technical textiles supplied to South Africa, comprising 82% of total imports. The second position in the ranking was held by textiles; transmission or conveyor belts or belting, of textile material, whether or not reinforced with metal or other material ($707K), with a 17% share of total imports. It was followed by textile wicks, woven, plaited or knitted; for lamps, stoves, lighters, candles or the like; incandescent gas mantles and tubular knitted gas mantle fabric therefor, whether or not impregnated, with a 0.9% share.
Import Prices by Country
In July 2023, the technical textiles price stood at $7,095 per ton (CIF, South Africa), with an increase of 38% against the previous month. Over the period under review, the import price, however, showed a pronounced descent. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 102% month-to-month. Over the period under review, average import prices reached the peak figure at $11,585 per ton in October 2022; however, from November 2022 to July 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Germany ($19,475 per ton), while the price for India ($790 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by China (+2.0%), while the prices for the other major suppliers experienced a decline.
This report provides an in-depth analysis of the technical textiles 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 13961620 - Textile hosepiping and similar textile tubing, whether or not impregnated or coated, with or without lining, armour or accessories of other materials
- Prodcom 13961650 - Textile wicks, conveyor belts or belting (including reinforced with metal or other material)
- Prodcom 13961680 - Textile fabrics and felts, for paper-making machines or similar machines (including for pulp or asbestos-cement)
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024