Africa: Market for Polyester Tow And Staple, Not Carded, Combed Or Otherwise Processed For Spinning 2025

Market Size for Polyester Tow And Staple, Not Carded, Combed Or Otherwise Processed For Spinning in Africa

The African market for polyester tow and staple, not carded, combed or otherwise processed for spinning shrank modestly to $X in 2022, which is down by -2.1% against the previous year. In general, consumption, however, recorded a resilient expansion. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Production of Polyester Tow And Staple, Not Carded, Combed Or Otherwise Processed For Spinning in Africa

In value terms, production of polyester tow and staple, not carded, combed or otherwise processed for spinning reduced slightly to $X in 2022 estimated in export price. In general, production, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2018 with an increase of 48%. Over the period under review, production of attained the peak level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Polyester Tow And Staple, Not Carded, Combed Or Otherwise Processed For Spinning

Exports in Africa

In 2022, the amount of polyester tow and staple, not carded, combed or otherwise processed for spinning exported in Africa reduced markedly to X tons, which is down by -28.6% on the year before. In general, exports, however, saw a strong expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 131% against the previous year. As a result, the exports attained the peak of X tons, and then reduced markedly in the following year.

In value terms, exports of polyester tow and staple, not carded, combed or otherwise processed for spinning fell to $X in 2022. Overall, exports, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2021 when exports increased by 163% against the previous year. As a result, the exports reached the peak of $X, and then shrank in the following year.

Exports by Country

In 2022, South Africa (X tons) and Egypt (X tons) were the major exporters of polyester tow and staple, not carded, combed or otherwise processed for spinning in Africa, together finishing at near 77% of total exports. It was distantly followed by Algeria (X tons), making up an 18% share of total exports. Tanzania (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Algeria (with a CAGR of +54.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Egypt ($X), South Africa ($X) and Algeria ($X) were the countries with the highest levels of exports in 2022, with a combined 96% share of total exports.

Among the main exporting countries, Algeria, with a CAGR of +53.4%, 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 export price in Africa amounted to $X per ton, rising by 26% against the previous year. Overall, the export price showed a relatively flat trend pattern. 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.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Egypt ($X per ton), while Tanzania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Algeria (-0.7%), while the other leaders experienced a decline in the export price figures.

Imports of Polyester Tow And Staple, Not Carded, Combed Or Otherwise Processed For Spinning

Imports in Africa

Imports of polyester tow and staple, not carded, combed or otherwise processed for spinning declined to X tons in 2022, with a decrease of -12.4% against the previous year. The total import volume increased at an average annual rate of +1.6% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2015 with an increase of 18%. Over the period under review, imports of attained the peak figure at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of polyester tow and staple, not carded, combed or otherwise processed for spinning fell to $X in 2022. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 36%. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

Egypt (X tons) and Morocco (X tons) represented roughly 50% of total imports in 2022. South Africa (X tons) ranks next in terms of the total imports with a 10% share, followed by Nigeria (6.5%) and Kenya (5.5%). The following importers - Algeria (X tons), Uganda (X tons), Tunisia (X tons), Mauritius (X tons), Ethiopia (X tons) and Zimbabwe (X tons) - together made up 18% of total imports.

From 2012 to 2022, the biggest increases were recorded for Uganda (with a CAGR of +21.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest polyester tow and staple, not carded, combed or otherwise processed for spinning importing markets in Africa were Egypt ($X), Morocco ($X) and South Africa ($X), with a combined 62% share of total imports. Nigeria, Kenya, Algeria, Tunisia, Mauritius, Uganda, Ethiopia and Zimbabwe lagged somewhat behind, together accounting for a further 28%.

Uganda, with a CAGR of +15.0%, saw the highest growth rate of the value of imports, in terms of 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

The import price in Africa stood at $X per ton in 2022, with an increase of 12% against the previous year. Overall, the import price, however, recorded a slight descent. The pace of growth appeared the most rapid in 2021 an increase of 18% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Mauritius ($X per ton), while Uganda ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Morocco (+0.0%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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