SADC: Synthetic Yarn Market 2025

Synthetic Yarn Market Size in SADC

The SADC synthetic yarn market shrank slightly to $X in 2022, waning by X% against the previous year. Overall, consumption recorded a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Synthetic Yarn Production in SADC

In value terms, synthetic yarn production amounted to $X in 2022 estimated in export price. Overall, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. The level of production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Synthetic Yarn Exports

Exports in SADC

In 2022, shipments abroad of yarn of synthetic or artificial staple fibers decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Total exports indicated a temperate 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. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, synthetic yarn exports contracted to $X in 2022. Over the period under review, exports recorded a pronounced downturn. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Mauritius was the largest exporting country with an export of around X tons, which finished at X% of total exports. South Africa (X tons) ranks second in terms of the total exports with a X% share, followed by Lesotho (X%). Zambia (X tons), Angola (X tons), Madagascar (X tons) and Botswana (X tons) followed a long way behind the leaders.

Exports from Mauritius increased at an average annual rate of X% from 2012 to 2022. At the same time, Angola (X%), Lesotho (X%) and Madagascar (X%) displayed positive paces of growth. Moreover, Angola emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2022. By contrast, South Africa (X%), Botswana (X%) and Zambia (X%) illustrated a downward trend over the same period. While the share of Mauritius (X p.p.), Lesotho (X p.p.), Angola (X p.p.) and Madagascar (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Botswana (X p.p.), South Africa (X p.p.) and Zambia (X p.p.) displayed negative dynamics.

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

From 2012 to 2022, the average annual rate of growth in terms of value in Mauritius was relatively modest. In the other countries, the average annual rates were as follows: South Africa (X% per year) and Lesotho (X% per year).

Export Prices by Country

The export price in SADC stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, the export price, however, showed a pronounced reduction. The most prominent rate of growth was recorded in 2021 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Zambia ($X per ton), while Angola ($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 a decline in the export price figures.

Synthetic Yarn Imports

Imports in SADC

In 2022, the amount of yarn of synthetic or artificial staple fibers imported in SADC dropped to X tons, which is down by X% on the previous year. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by X%. As a result, imports attained the peak of X tons, and then declined in the following year.

In value terms, synthetic yarn imports contracted slightly to $X in 2022. Overall, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

South Africa prevails in imports structure, reaching X tons, which was near X% of total imports in 2022. Mauritius (X tons) ranks second in terms of the total imports with an X% share, followed by Tanzania (X%), Swaziland (X%) and Democratic Republic of the Congo (X%). Malawi (X tons), Zimbabwe (X tons) and Madagascar (X tons) followed a long way behind the leaders.

South Africa experienced a relatively flat trend pattern with regard to volume of imports of yarn of synthetic or artificial staple fibers. At the same time, Swaziland (X%), Democratic Republic of the Congo (X%), Tanzania (X%) and Mauritius (X%) displayed positive paces of growth. Moreover, Swaziland emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2022. By contrast, Zimbabwe (X%), Madagascar (X%) and Malawi (X%) illustrated a downward trend over the same period. Swaziland (X p.p.), Democratic Republic of the Congo (X p.p.) and Tanzania (X p.p.) significantly strengthened its position in terms of the total imports, while South Africa and Malawi 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, South Africa ($X) constitutes the largest market for imported yarn of synthetic or artificial staple fibers in SADC, comprising X% of total imports. The second position in the ranking was held by Mauritius ($X), with a X% share of total imports. It was followed by Madagascar, with a X% share.

In South Africa, synthetic yarn imports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Mauritius (X% per year) and Madagascar (X% per year).

Import Prices by Country

In 2022, the import price in SADC amounted to $X per ton, with an increase of X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform