Africa: Textile Flock Market 2024

Textile Flock Market Size in Africa

The African textile flock market declined to $X in 2022, waning by X% against the previous year. The total consumption indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Textile Flock Production in Africa

In value terms, textile flock production declined to $X in 2022 estimated in export price. The total production indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2020 indices. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Textile Flock Exports

Exports in Africa

After three years of growth, shipments abroad of textile flock and dust and mill neps decreased by X% to X tons in 2022. In general, exports, however, posted modest growth. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, textile flock exports fell notably to $X in 2022. Overall, exports, however, recorded a buoyant increase. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of $X, and then shrank rapidly in the following year.

Exports by Country

Egypt dominates exports structure, recording X tons, which was approx. X% of total exports in 2022. It was distantly followed by South Africa (X tons), mixing up an X% share of total exports. Uganda (X tons) held a minor share of total exports.

Egypt was also the fastest-growing in terms of the textile flock and dust and mill neps exports, with a CAGR of X% from 2012 to 2022. Uganda (X%) and South Africa (X%) illustrated a downward trend over the same period. Egypt (X p.p.) significantly strengthened its position in terms of the total exports, while Uganda and South Africa saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, Egypt ($X) remains the largest textile flock supplier in Africa, comprising X% of total exports. The second position in the ranking was taken by South Africa ($X), with a X% share of total exports.

In Egypt, textile flock exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: South Africa (X% per year) and Uganda (X% per year).

Export Prices by Country

In 2022, the export price in Africa amounted to $X per ton, increasing by X% against the previous year. In general, the export price showed perceptible growth. The pace of growth appeared the most rapid in 2018 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2020; however, from 2021 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 Egypt ($X per ton), while Uganda ($X per ton) was amongst the lowest.

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

Textile Flock Imports

Imports in Africa

In 2022, purchases abroad of textile flock and dust and mill neps increased by X% to X tons, rising for the second consecutive year after two years of decline. In general, imports, however, showed a slight decline. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, textile flock imports surged to $X in 2022. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

South Africa (X tons) and Egypt (X tons) represented the key importers of textile flock and dust and mill neps in 2022, reaching approx. X% and X% of total imports, respectively. Tanzania (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Morocco (X%) and Kenya (X%). Congo (X tons) and Cabo Verde (X tons) followed a long way behind the leaders.

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

In value terms, the largest textile flock importing markets in Africa were South Africa ($X), Egypt ($X) and Morocco ($X), together comprising X% of total imports. Kenya, Congo, Tanzania and Cabo Verde lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Tanzania, with a CAGR of X%, 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.

Import Prices by Country

In 2022, the import price in Africa amounted to $X per ton, with an increase of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2013 an increase of X%. Over the period under review, import prices attained the peak figure at $X per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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