Africa: Non-Cotton Terry Towelling Market 2024

Non-Cotton Terry Towelling Market Size in Africa

The African non-cotton terry towelling market expanded to $X in 2021, with an increase of 2.9% against the previous year. In general, consumption, however, recorded a noticeable descent. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Non-Cotton Terry Towelling Production in Africa

In value terms, non-cotton terry towelling production fell to $X in 2021 estimated in export price. Over the period under review, production saw a mild decline. The pace of growth appeared the most rapid in 2020 with an increase of 17%. Over the period under review, production attained the maximum level at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Non-Cotton Terry Towelling Exports

Exports in Africa

In 2021, non-cotton terry towelling exports in Africa contracted rapidly to X square meters, declining by -30.8% against 2020 figures. Over the period under review, exports showed a perceptible shrinkage. The pace of growth appeared the most rapid in 2017 when exports increased by 146% against the previous year. As a result, the exports attained the peak of X square meters. From 2018 to 2021, the growth of the exports remained at a lower figure.

In value terms, non-cotton terry towelling exports reduced remarkably to $X in 2021. Overall, exports showed a perceptible decrease. The most prominent rate of growth was recorded in 2017 with an increase of 84%. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

The shipments of the three major exporters of terry towelling (excluding of cotton), namely South Africa, Egypt and Botswana, represented more than two-thirds of total export. It was distantly followed by Togo (X square meters), achieving a 14% share of total exports. The following exporters - Ghana (X square meters), Uganda (X square meters) and Morocco (X square meters) - together made up 7.8% of total exports.

From 2012 to 2021, the biggest increases were recorded for Togo (with a CAGR of +40.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest non-cotton terry towelling supplying countries in Africa were South Africa ($X), Botswana ($X) and Egypt ($X), with a combined 90% share of total exports. Morocco, Uganda, Ghana and Togo lagged somewhat behind, together comprising a further 8%.

Among the main exporting countries, Ghana, with a CAGR of +33.2%, recorded the highest rates of growth with regard to 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 2021, the export price in Africa amounted to $X per square meter, growing by 14% against the previous year. In general, the export price, however, saw a slight slump. The most prominent rate of growth was recorded in 2018 an increase of 41% against the previous year. Over the period under review, the export prices attained the maximum at $X per square meter in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Morocco ($X per square meter), while Togo ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Uganda (+2.7%), while the other leaders experienced more modest paces of growth.

Non-Cotton Terry Towelling Imports

Imports in Africa

In 2021, supplies from abroad of terry towelling (excluding of cotton) increased by 2.8% to X square meters for the first time since 2018, thus ending a two-year declining trend. In general, imports, however, saw a abrupt contraction. The pace of growth was the most pronounced in 2018 with an increase of 25% against the previous year. The volume of import peaked at X square meters in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, non-cotton terry towelling imports amounted to $X in 2021. Overall, imports, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2019 with an increase of 9.4% against the previous year. The level of import peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

The countries with the highest levels of non-cotton terry towelling imports in 2021 were Morocco (X square meters), Mauritius (X square meters), South Africa (X square meters), Botswana (X square meters), Madagascar (X square meters), Algeria (X square meters), Tunisia (X square meters), Tanzania (X square meters), Ethiopia (X square meters), Namibia (X square meters), Gambia (X square meters) and Nigeria (X square meters), together recording 86% of total import.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Gambia (with a CAGR of +44.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Morocco ($X), South Africa ($X) and Tanzania ($X) appeared to be the countries with the highest levels of imports in 2021, with a combined 41% share of total imports. These countries were followed by Botswana, Mauritius, Madagascar, Algeria, Tunisia, Namibia, Gambia, Nigeria and Ethiopia, which together accounted for a further 47%.

Gambia, with a CAGR of +34.6%, 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

The import price in Africa stood at $X per square meter in 2021, rising by 2.1% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.2%. The pace of growth was the most pronounced in 2013 when the import price increased by 23%. As a result, import price attained the peak level of $X per square meter. From 2014 to 2021, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Tanzania ($X per square meter), while Ethiopia ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Tanzania (+10.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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