Africa: Market for High-Tenacity Filament Yarn Of Nylon Or Other Polyamides 2024

Market Size for High-Tenacity Filament Yarn Of Nylon Or Other Polyamides in Africa

The African high-tenacity filament nylon yarn market was estimated at $X in 2022, remaining relatively unchanged against the previous year. The total consumption indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -1.5% against 2020 indices. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Production of High-Tenacity Filament Yarn Of Nylon Or Other Polyamides in Africa

In value terms, high-tenacity filament nylon yarn production reached $X in 2022 estimated in export price. The total production indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -1.4% against 2020 indices. The most prominent rate of growth was recorded in 2019 when the production volume increased by 27%. The level of production peaked at $X in 2020; afterwards, it flattened through to 2022.

Exports of High-Tenacity Filament Yarn Of Nylon Or Other Polyamides

Exports in Africa

In 2022, shipments abroad of high-tenacity filament yarn of nylon or other polyamides increased by 52% to X tons, rising for the second year in a row after two years of decline. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 57%. The volume of export peaked at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, high-tenacity filament nylon yarn exports skyrocketed to $X in 2022. In general, exports, however, saw a slight slump. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

South Africa prevails in exports structure, amounting to X tons, which was approx. 83% of total exports in 2022. It was distantly followed by Tunisia (X tons) and Egypt (X tons), together generating a 15% share of total exports.

South Africa was also the fastest-growing in terms of the high-tenacity filament yarn of nylon or other polyamides exports, with a CAGR of +17.4% from 2012 to 2022. Egypt (-4.9%) and Tunisia (-12.4%) illustrated a downward trend over the same period. While the share of South Africa (+65 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Egypt (-3.8 p.p.) and Tunisia (-30.6 p.p.) displayed negative dynamics.

In value terms, South Africa ($X) remains the largest high-tenacity filament nylon yarn supplier in Africa, comprising 75% of total exports. The second position in the ranking was taken by Tunisia ($X), with a 17% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa amounted to +9.5%. In the other countries, the average annual rates were as follows: Tunisia (-9.2% per year) and Egypt (+4.9% per year).

Export Prices by Country

The export price in Africa stood at $X per ton in 2022, jumping by 21% against the previous year. Overall, the export price, however, saw a mild setback. The most prominent rate of growth was recorded in 2017 an increase of 34%. Over the period under review, the export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Tunisia ($X per ton), while South Africa ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+10.2%), while the other leaders experienced mixed trends in the export price figures.

Imports of High-Tenacity Filament Yarn Of Nylon Or Other Polyamides

Imports in Africa

High-tenacity filament nylon yarn imports fell dramatically to X tons in 2022, dropping by -23.9% on the year before. In general, imports faced a abrupt descent. The pace of growth appeared the most rapid in 2015 when imports increased by 142%. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, high-tenacity filament nylon yarn imports contracted dramatically to $X in 2022. Overall, imports recorded a deep setback. The most prominent rate of growth was recorded in 2015 when imports increased by 111% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

The countries with the highest levels of high-tenacity filament nylon yarn imports in 2022 were Tunisia (X tons), South Africa (X tons) and Madagascar (X tons), together accounting for 68% of total import. It was distantly followed by Lesotho (X tons) and Uganda (X tons), together committing a 19% share of total imports. The following importers - Algeria (X tons) and Tanzania (X tons) - each reached a 3.5% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Lesotho (with a CAGR of +54.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Tunisia ($X), Madagascar ($X) and South Africa ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined 69% share of total imports. Lesotho, Uganda, Algeria and Tanzania lagged somewhat behind, together comprising a further 19%.

Lesotho, with a CAGR of +56.2%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Africa amounted to $X per ton, picking up by 9.1% against the previous year. Overall, the import price saw a mild increase. The growth pace was the most rapid in 2021 an increase of 19%. The level of import peaked at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Algeria ($X per ton), while Tanzania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lesotho (+1.4%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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