SADC: Primary Fiber Crops Market 2024

Primary Fiber Crops Market Size in SADC

The SADC primary fiber crops market skyrocketed to $X in 2022, jumping by X% against the previous year. Overall, consumption, however, recorded a mild decline. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Primary Fiber Crops Production in SADC

In value terms, primary fiber crops production surged to $X in 2022 estimated in export price. In general, production showed a prominent expansion. The pace of growth was the most pronounced in 2020 with an increase of X%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Primary Fiber Crops Exports

Exports in SADC

In 2022, overseas shipments of fiber crops (primary) decreased by X% to X tons, falling for the third consecutive year after two years of growth. Overall, exports showed a abrupt shrinkage. The pace of growth was the most pronounced in 2018 when exports increased by X%. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, primary fiber crops exports expanded to $X in 2022. In general, exports recorded a deep contraction. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Tanzania represented the main exporter of fiber crops (primary) in SADC, with the volume of exports recording X tons, which was near X% of total exports in 2022. Zimbabwe (X tons) ranks second in terms of the total exports with a X% share, followed by Mozambique (X%), Madagascar (X%), Zambia (X%) and South Africa (X%). Malawi (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to primary fiber crops exports from Tanzania stood at X%. At the same time, Mozambique (X%) and Madagascar (X%) displayed positive paces of growth. Moreover, Mozambique emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2022. By contrast, South Africa (X%), Malawi (X%), Zimbabwe (X%) and Zambia (X%) illustrated a downward trend over the same period. Tanzania (X p.p.), Mozambique (X p.p.) and Madagascar (X p.p.) significantly strengthened its position in terms of the total exports, while Zimbabwe and Zambia saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest primary fiber crops supplying countries in SADC were Tanzania ($X), Zimbabwe ($X) and Mozambique ($X), together accounting for X% of total exports.

Mozambique, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in SADC stood at $X per ton in 2022, surging by X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the export price increased by X%. The level of export peaked at $X per ton in 2012; afterwards, it flattened through to 2022.

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 South Africa ($X per ton), while Madagascar ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Zambia (X%), while the other leaders experienced more modest paces of growth.

Primary Fiber Crops Imports

Imports in SADC

Primary fiber crops imports skyrocketed to X tons in 2022, increasing by X% on the previous year's figure. Total imports indicated noticeable growth 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, imports increased by X% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, primary fiber crops imports surged to $X in 2022. Over the period under review, imports posted a moderate increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Lesotho represented the largest importer of fiber crops (primary) in SADC, with the volume of imports resulting at X tons, which was approx. X% of total imports in 2022. It was distantly followed by Mauritius (X tons) and South Africa (X tons), together creating a X% share of total imports. Tanzania (X tons) and Mozambique (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to primary fiber crops imports into Lesotho stood at X%. At the same time, Mozambique (X%), Tanzania (X%) and Mauritius (X%) displayed positive paces of growth. Moreover, Mozambique emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2022. By contrast, South Africa (X%) illustrated a downward trend over the same period. Lesotho (X p.p.), Mozambique (X p.p.) and Tanzania (X p.p.) significantly strengthened its position in terms of the total imports, while South Africa saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Lesotho ($X), Mauritius ($X) and South Africa ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Mozambique and Tanzania lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Mozambique, with a CAGR of X%, saw the highest rates of growth with regard to 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

The import price in SADC stood at $X per ton in 2022, growing by X% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices attained the maximum in 2022 and is likely to see steady growth in the near future.

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 ($X per ton), while Tanzania ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform