Africa: Synthetic Yarn Market 2025

Synthetic Yarn Market Size in Africa

In 2022, after two years of decline, there was significant growth in the African synthetic yarn market, when its value increased by X% to $X. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in the near future.

Synthetic Yarn Production in Africa

In value terms, synthetic yarn production expanded significantly to $X in 2022 estimated in export price. Overall, production showed a buoyant increase. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Synthetic Yarn Exports

Exports in Africa

In 2022, approx. X tons of yarn of synthetic or artificial staple fibers were exported in Africa; growing by X% compared with 2021. Total exports indicated a strong increase from 2012 to 2022: its volume 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, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, synthetic yarn exports soared to $X in 2022. Total exports indicated a pronounced 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, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The level of export peaked in 2022 and is likely to see gradual growth in the near future.

Exports by Country

Egypt represented the largest exporting country with an export of around X tons, which resulted at X% of total exports. Tunisia (X tons) held the second position in the ranking, followed by Kenya (X tons), Morocco (X tons) and Mauritius (X tons). All these countries together held near X% share of total exports.

Egypt was also the fastest-growing in terms of the yarn of synthetic or artificial staple fibers exports, with a CAGR of X% from 2012 to 2022. At the same time, Kenya (X%) and Mauritius (X%) displayed positive paces of growth. By contrast, Tunisia (X%) and Morocco (X%) illustrated a downward trend over the same period. While the share of Egypt (X p.p.), Kenya (X p.p.) and Mauritius (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Morocco (X p.p.) and Tunisia (X p.p.) displayed negative dynamics.

In value terms, Egypt ($X) remains the largest synthetic yarn supplier in Africa, comprising X% of total exports. The second position in the ranking was held by Tunisia ($X), with a X% share of total exports. It was followed by Kenya, with a X% share.

In Egypt, synthetic yarn 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: Tunisia (X% per year) and Kenya (X% per year).

Export Prices by Country

The export price in Africa stood at $X per ton in 2022, declining by X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton, and then declined in the following year.

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

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

Synthetic Yarn Imports

Imports in Africa

In 2022, approx. X tons of yarn of synthetic or artificial staple fibers were imported in Africa; increasing by X% compared with the year before. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The volume of import peaked at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, synthetic yarn imports soared to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Egypt (X tons) and Morocco (X tons) were the largest importers of yarn of synthetic or artificial staple fibers in Africa, together comprising X% of total imports. Kenya (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by South Africa (X%) and Ethiopia (X%). Tunisia (X tons), Algeria (X tons), Ghana (X tons) and Djibouti (X tons) took a little share of total imports.

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

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

Egypt, with a CAGR of X%, saw the highest growth rate of 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, with an increase of X% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of X%. Over the period under review, import prices reached the peak figure in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Algeria ($X per ton), while Kenya ($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 more modest paces of growth.

Source: IndexBox Platform

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