South Africa: Twine Product Market 2025

Twine Product Market Size in South Africa

In 2022, the South African twine product market decreased by -3.2% to $X, falling for the second year in a row after five years of growth. In general, the total consumption indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -6.5% against 2020 indices. Twine product consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Twine Product Production in South Africa

In value terms, twine product production totaled $X in 2022 estimated in export price. Overall, the total production indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -0.7% against 2020 indices. The most prominent rate of growth was recorded in 2018 with an increase of 28%. Twine product production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Twine Product Exports

Exports from South Africa

For the fourth consecutive year, South Africa recorded growth in overseas shipments of articles of twine, cordage, rope or cables, which increased by 37% to X tons in 2022. Overall, exports continue to indicate measured growth. The most prominent rate of growth was recorded in 2014 when exports increased by 57% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, twine product exports rose sharply to $X in 2022. Over the period under review, exports recorded a resilient expansion. The most prominent rate of growth was recorded in 2021 with an increase of 147%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

Zimbabwe (X tons) was the main destination for twine product exports from South Africa, with a 39% share of total exports. Moreover, twine product exports to Zimbabwe exceeded the volume sent to the second major destination, Lesotho (X tons), twofold. Mozambique (X tons) ranked third in terms of total exports with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Zimbabwe totaled +33.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lesotho (+22.1% per year) and Mozambique (-0.7% per year).

In value terms, Zimbabwe ($X), Lesotho ($X) and Democratic Republic of the Congo ($X) appeared to be the largest markets for twine product exported from South Africa worldwide, with a combined 61% share of total exports. Australia, Namibia, Swaziland, Mozambique, Kenya, Zambia, Angola, Botswana and Vietnam lagged somewhat behind, together comprising a further 32%.

In terms of the main countries of destination, Vietnam, with a CAGR of +360.4%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average twine product export price amounted to $X per ton, declining by -18.2% against the previous year. In general, export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, twine product export price increased by +65.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 103% against the previous year. As a result, the export price reached the peak level of $X per ton, and then contracted remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($X per ton), while the average price for exports to Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (+15.3%), while the prices for the other major destinations experienced more modest paces of growth.

Twine Product Imports

Imports into South Africa

In 2022, supplies from abroad of articles of twine, cordage, rope or cables decreased by -23.3% to X tons, falling for the second year in a row after two years of growth. In general, imports, however, recorded a temperate expansion. The pace of growth was the most pronounced in 2017 when imports increased by 70% against the previous year. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of imports failed to regain momentum.

In value terms, twine product imports shrank to $X in 2022. The total import value increased at an average annual rate of +2.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 47%. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) was the main twine product supplier to South Africa, with a 90% share of total imports. Moreover, twine product imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +4.7%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+10.9% per year) and Germany (-11.1% per year).

In value terms, China ($X) constituted the largest supplier of articles of twine, cordage, rope or cables to South Africa, comprising 77% of total imports. The second position in the ranking was taken by India ($X), with a 6.3% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +7.0%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+14.0% per year) and Germany (-13.7% per year).

Import Prices by Country

The average twine product import price stood at $X per ton in 2022, picking up by 23% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 74% against the previous year. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+2.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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