SADC: 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 SADC

The SADC market for polyester tow and staple, not carded, combed or otherwise processed for spinning contracted to $X in 2022, shrinking by -2.4% against the previous year. In general, consumption, however, showed a strong increase. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

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

In value terms, production of polyester tow and staple, not carded, combed or otherwise processed for spinning shrank to $X in 2022 estimated in export price. Over the period under review, production, however, posted a strong increase. The most prominent rate of growth was recorded in 2018 with an increase of 61% against the previous year. The level of production peaked at $X in 2019; afterwards, it flattened through to 2022.

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

Exports in SADC

In 2022, approx. X tons of polyester tow and staple, not carded, combed or otherwise processed for spinning were exported in SADC; with an increase of 8.8% compared with 2021. In general, exports recorded a significant increase. The most prominent rate of growth was recorded in 2014 with an increase of 238% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, exports of polyester tow and staple, not carded, combed or otherwise processed for spinning soared to $X in 2022. Over the period under review, exports continue to indicate significant growth. The growth pace was the most rapid in 2014 with an increase of 204%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in years to come.

Exports by Country

South Africa dominates spinning structure, accounting for X tons, which was approx. 96% of total exports in 2022. Tanzania (X tons) followed a long way behind the leaders.

Exports from South Africa increased at an average annual rate of +40.6% from 2012 to 2022. At the same time, Tanzania (+44.4%) displayed positive paces of growth. Moreover, Tanzania emerged as the fastest-growing exporter exported in SADC, with a CAGR of +44.4% from 2012-2022. South Africa (+9.8 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest polyester tow and staple, not carded, combed or otherwise processed for spinning supplier in SADC, comprising 97% of total exports. The second position in the ranking was taken by Tanzania ($X), with a 2.5% share of total exports.

In South Africa, exports of polyester tow and staple, not carded, combed or otherwise processed for spinning expanded at an average annual rate of +33.7% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in SADC amounted to $X per ton, with an increase of 16% against the previous year. Over the period under review, the export price, however, showed a deep reduction. The most prominent rate of growth was recorded in 2021 when the export price increased by 38% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was South Africa ($X per ton), while Tanzania amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (-4.9%).

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

Imports in SADC

In 2022, approx. X tons of polyester tow and staple, not carded, combed or otherwise processed for spinning were imported in SADC; shrinking by -11.4% on the year before. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 52%. As a result, imports attained the peak of X tons, and then fell in the following year.

In value terms, imports of polyester tow and staple, not carded, combed or otherwise processed for spinning declined to $X in 2022. In general, imports continue to indicate a pronounced reduction. The pace of growth appeared the most rapid in 2021 with an increase of 78% 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

In 2022, South Africa (X tons) represented the key importer of polyester tow and staple, not carded, combed or otherwise processed for spinning, creating 52% of total imports. Mauritius (X tons) held the second position in the ranking, followed by Zimbabwe (X tons), Zambia (X tons) and Angola (X tons). All these countries together took near 38% share of total imports. The following importers - Tanzania (X tons) and Democratic Republic of the Congo (X tons) - together made up 5.7% of total imports.

From 2012 to 2022, average annual rates of growth with regard to polyester tow and staple, not carded, combed or otherwise processed for spinning imports into South Africa stood at -3.8%. At the same time, Angola (+71.1%), Zambia (+24.9%), Mauritius (+14.7%) and Zimbabwe (+12.1%) displayed positive paces of growth. Moreover, Angola emerged as the fastest-growing importer imported in SADC, with a CAGR of +71.1% from 2012-2022. Tanzania experienced a relatively flat trend pattern. By contrast, Democratic Republic of the Congo (-4.2%) illustrated a downward trend over the same period. While the share of Mauritius (+9.9 p.p.), Zimbabwe (+7.1 p.p.), Angola (+6.6 p.p.) and Zambia (+6.3 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Democratic Republic of the Congo (-1.5 p.p.) and South Africa (-30.4 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported polyester tow and staple, not carded, combed or otherwise processed for spinning in SADC, comprising 49% of total imports. The second position in the ranking was held by Mauritius ($X), with a 17% share of total imports. It was followed by Zimbabwe, with a 9.5% share.

In South Africa, imports of polyester tow and staple, not carded, combed or otherwise processed for spinning shrank by an average annual rate of -6.7% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Mauritius (+13.7% per year) and Zimbabwe (+8.5% per year).

Import Prices by Country

The import price in SADC stood at $X per ton in 2022, rising by 5.7% against the previous year. Over the period under review, the import price, however, showed a pronounced decrease. The pace of growth appeared the most rapid in 2021 an increase of 17% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Democratic Republic of the Congo (-0.3%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform